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Dollar Set to Reject 94.125 + Ethereum Longs to $4,000

Dollar Set to Reject 94.125 + Ethereum Longs to $4,000

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After a steep pullback, Dollar bulls are set to reject 94.125 and make a run for last week's high. As Bitcoin begins to surge, Ethereum bulls are looking to rally to $4,000. A day before the Non-Farm Payroll (NFP) release, Dollar bulls are…
Bitcoin to $65,000 + EURUSD Swing Shorts in Profit

Bitcoin to $65,000 + EURUSD Swing Shorts in Profit

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Bitcoin bulls are back with momentum as price initiates another bull rally. Meanwhile, EURUSD swing shorts have entered profit after a brief period of consolidation. It was a fairly gloomy summer as Bitcoin went as low as $30,000 for a brief…
Dollar Continues to Face Bearish Pressure + Oil Swing Longs as Demand Increases

Dollar Continues to Face Bearish Pressure + Oil Swing Longs as Demand Increases

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The first week of October will most likely belong to the bears as the Dollar continues to slip. Meanwhile, price action traders are looking to swing long Oil as global demand is expected to increase. At the moment the Dollar is in the midst…
Dollar Faces Bearish Pressure + Crude Oil Swing Trade

Dollar Faces Bearish Pressure + Crude Oil Swing Trade

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The Dollar is down 0.30% to start the first week of October as bearish pressure continues. Conversely, Crude Oil prices are looking to edge higher after breaking this year's high. The US Dollar Index (DXY) was able to print a bullish hammer…
Dollar Bears Push Price Back to 94.125 + Bitcoin En Route to $50,000

Dollar Bears Push Price Back to 94.125 + Bitcoin En Route to $50,000

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After a bullish end to September, bears are applying their pressure on the Dollar as the price revisits 94.125. Conversely, Bitcoin bulls are looking to attain $50,000. The US Dollar Index (DXY) was able to close bullish on the monthly as…
Dollar Bulls on Path to 94.750 + GBPUSD Swing Trades Entered

Dollar Bulls on Path to 94.750 + GBPUSD Swing Trades Entered

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The US Dollar Index continues its tear higher as bulls push past 94.000. As a result, GBPUSD swing shorts have become active for traders. The first hurdle for Dollar bulls was resistance near 94.100. Bulls were able to push and close bullish…
Dollar Bullish Heading into October + Pending Swing Shorts for EURUSD

Dollar Bullish Heading into October + Pending Swing Shorts for EURUSD

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The Dollar is thriving as price breaks this year's high and is set to close bullish on the monthly time frame. As a result, a possible swing trade for EURUSD has become available. With only a few days remaining in September, the Dollar is…
Pending Swing Trade for US Oil + US Dollar Neutral as Bulls and Bears Fight

Pending Swing Trade for US Oil + US Dollar Neutral as Bulls and Bears Fight

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Crude oil prices are looking to edge higher as bulls erase the previous move created by bears in the market. Meanwhile, the US Dollar is stuck as a tug-of-war occurs in the market. After attaining the yearly high of $77 per barrel, Oil had…

+160 Pips from Gold and Dollar Bears Reject 93.430

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Price action traders are up almost +200 pips of profit after entering short for Gold yesterday. Despite Powell's optimistic comments, bears have regained control of the Dollar. Prior to the FOMC rate statement, Gold was presenting bearish…
Dollar Surges as Fed Hints at Further Rate Hikes Until 2024

Dollar Surges as Fed Hints at Further Rate Hikes Until 2024

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This afternoon's FOMC rate statement and economic projection presser resulted in a bullish response for the Dollar as further rate hikes are likely until 2024. The Federal Reserve discussed the possibility of 6 to 7 interest rate hikes until…