Posts

Dollar Slumps on Poor GDP Data + EURUSD Longs Entered

Dollar Slumps on Poor GDP Data + EURUSD Longs Entered

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After a week of consolidation, the Dollar is finally moving lower as it prints the lowest GDP in two years. As a result of this, traders could look at EURUSD extending higher. This morning's US GDP came out at a two-year low of 2.0% versus…
Dollar Indecision Continues + Shiba Inu Almost at 0.00009

Dollar Indecision Continues + Shiba Inu Almost at 0.00009

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The Dollar continues to move in an indecisive fashion as the bull and bear battle continues. Meanwhile, Shiba Inu is oozing with bullishness as the price is inches away from 0.00009. A quick look at the daily time frame shows that the Dollar…
Dollar Bulls Attempt a Rally to 94.200 + Shiba Inu Back to 0.00009?

Dollar Bulls Attempt a Rally to 94.200 + Shiba Inu Back to 0.00009?

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Dollar bulls are trying a desperation attempt at another rally after being held down by bears. Additionally, an altcoin that's gaining traction in Shiba Inu is looking to possibly revisit its all-time high. After creating a new high for the…
Dollar Stuck in Consolidation + Solana to $250

Dollar Stuck in Consolidation + Solana to $250

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The last few weeks have been fairly slow for the Dollar as the price is stuck in consolidation. Meanwhile, Solana is looking to extender higher to $250. Since the start of September, the US Dollar Index has been ranging between 93.500 and…
CADCHF Finally Falls into Profit + Ethereum Inches Away From $4,400

CADCHF Finally Falls into Profit + Ethereum Inches Away From $4,400

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After almost a week of consolidation, CADCHF has finally started to fall into profit. Ethereum has begun its path to create a new all-time high as the price comes near $4,400. CADCHF is finally showing momentum to the downside after the price…
EURNZD Shorts to 1,58600 + Bitcoin Set to Clear All Time High

EURNZD Shorts to 1.58600 + Bitcoin Set to Clear All Time High

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Price action traders have found a swing trade short for EURNZD that could lead to over +400 pips of profit. Meanwhile, Bitcoin is expected to clear the all-time high later today. After failing to rebound from monthly support at 1.63250, bears…
Dollar Bears Pile on as Bullish Bitcoin Eyes All Time High

Dollar Bears Pile on as Bullish Bitcoin Eyes All Time High

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The long-term uptrend for the Dollar is in jeopardy as bears continue to apply pressure. Meanwhile, Bitcoin bulls are storming higher within arms reach of the all-time high. After starting a bullish uptrend back in June, the Dollar is starting…
Bitcoin Reaches May's High + Ethereum to $4,400

Bitcoin Reaches May's High + Ethereum to $4,400

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Bitcoin continues its bullish rally as the price met May's high yesterday. Ethereum is starting to gain momentum too as the price aims to reach this year's high of $4,400. Price has been bullish for Bitcoin for much of this week as the price…
Dollar Clears Yearly High + CADCHF Swing Trade Entered

Dollar Clears Yearly High + CADCHF Swing Trade Entered

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Over the Thanksgiving long weekend, the Dollar was able to create a new high for the year at 94.560. Additionally, a swing trade for CADCHF has presented itself as price runs into daily resistance. The Dollar started off last month with a…
Mixed Non-Farm Payroll Result + Crypto Markets Pullback Before Next Leg Up

Mixed Non-Farm Payroll Result + Crypto Markets Pullback Before Next Leg Up

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This month's Non-Farm Payroll (NFP) release was mixed as the unemployment rate dropped but jobs added were far less than the forecast. Meanwhile, many popular cryptos are pulling back before the next leg up. This morning was the NFP and the…