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Dollar to Visit 92.500, AUDUSD Looks to Complete a Range Fill
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is expected to continue its bearish sentiment from last week as the Thprice eyes 92.500. Meanwhile, similar to NZDUSD, AUDUSD is looking to fill out its range.
The US Dollar Index (DXY) spent 80% of last week under pressure bearish.…
GBPUSD and NZDUSD Longs as the Dollar Plans to Revisit 92.850
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bullish trend last week, the US Dollar is presenting a more bearish stance to end off the month. As a result, our traders are hunting longs for GBPUSD and NZDUSD.
The US Dollar Index (DXY) is once again bearish this summer after the…
AUDJPY Trade in +100 Pips of Profit, Dollar Creates New Yearly High
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying their AUDJPY shorts as price dives deep into profit. Meanwhile, Dollar bulls tear through the previous yearly high to establish a new high for the year.
After a few days of consolidation, AUDJPY has finally…
Dollar Struggles at July's High + NZDUSD Looks to Break Key Support
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter ending last week bullish, Dollar bulls are starting to struggle at July's high. Meanwhile, NZDUSD bears are looking to push below for the first time this quarter.
The US Dollar Index (DXY) is currently having a hard time breaching and…
AUDUSD Continues to Fall as NZDUSD Shorts Gear for Entry
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the Dollar continues its bullish rally, AUDUSD continues to slip further into profit. Additionally, NZDUSD is also gearing up for it's own move lower.
The US Dollar Index (DXY) has continued its uptrend as the price has made a new high…
NZDUSD Hits Final Target + Dollar Resumes Path to 93.430
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying their longs for NZDUSD as the price has hit all respective targets. More moves are on the way in the market as the Dollar is ready to push to 93.430.
Last Friday, price action traders witnessed a bullish…
Forex Major Longs as Dollar Looks to Revisit 92.00
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders could look to go long for the Forex majors this week as the Dollar fails to push higher to 93.00. This may be attributed to last week's bearish Non-Farm Payroll (NFP) release.
Last week's NFP release had a bearish reaction on the…
Dollar Ready for Next Push + Oil Longs
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) ended the week by dropping lower to create a new higher low. Further upside should be seen next week. In addition, Crude Oil is ready to move higher.
It was a productive week for the Dollar as the price was able…
EURUSD & NZDUSD Shorts + Bullish Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the US Dollar Index (DXY) continues to climb, many of the majors such as EURUSD and NZDUSD continue to fall. Both pairs are providing great setups to the downside.
The Dollar seems to be creating a new high every day of this week. This…
Dollar to 92.500 + Majors Start to Slip
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter creating a range on the hourly time frame, the US Dollar Index was able to finally close bullish above 91.950. With that being said, the Forex majors should begin to head lower.
The Dollar has been quite elusive these past few weeks…