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Dollar Surges on ADP Job Report + Oil Longs Pending Entry

Dollar Surges on ADP Job Report + Oil Longs Pending Entry

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The US Dollar Index (DXY) is up 0.65% for the day as the ADP job numbers came out better than expected. Despite this, Crude (Oil) is gearing up for an entry long. This morning ADP job numbers came out at 978,000 versus the forecast of 645,000.…
US Oil Ready to Push Higher as Dollar Stagnates

US Oil Ready to Push Higher as Dollar Stagnates

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Another day in the markets and another day the US Dollar Index is stuck in a range. While the Dollar decides on a direction, US Oil (Crude) is set to make a run at the high of the year. There are days and even weeks at a time where the Dollar…
Live Forex Trading - Euro to 1.17000? Silver, Gold and Oil Long Trades!

Euro to 1.17000? Silver, Gold and Oil Longs!

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In today's live trading session, we discussed the meltdown of the US Dollar Index (DXY) and where many pairs and commodities are headed as a result. Since yesterday, the DXY is down 0.64%. The current daily timeframe suggests the US Dollar…