Posts
Dollar Uptrend Back in Play +Gold Shorts To Resume
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar has spent the last few days struggling to move, but it is ready to make its next move higher. Gold bears are also looking to pile on and take the precious metal lower.
After dropping to create a new quarterly low, the US Dollar…
GBPCAD Before & After
UncategorisedHere is a sell setup for GBPCAD that was analyzed and explained to our Pro Trader members by our Smart Money Trader.
GBPCAD Before:
GBPCAD After (+60 pips):
To learn Smart Money, Price Action, and Supply and Demand…
US Oil Longs and USDCAD Shorts For Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter last week's theatrics, the US Dollar Index (DXY) is back in a range. Regardless of that, US Oil sets to push to new yearly highs and USDCAD looks to fall lower.
After creating a new yearly high at $74 per barrel, US Oil took a bit of…
Dollar Stuck in a Range, Gold Priming for Next Push Lower
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter an exhilarating few days of price action, the US Dollar Index (DXY) is back to consolidating. In the meantime, Gold (XAUUSD) is priming for another move lower to last week's low of 1763.
Last week ended with a bang as the Dollar came…
USDCAD Trade in Profit + Bitcoin and Cryptos Show Sign of Life
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying profits made from shorting USDCAD and bulls are starting to show some fight in the crypto market.
After determining a bearish bias for the Dollar yesterday, price action traders entered short for USDCAD.…
USDCAD Shorts As Dollar Bears Gain Momentum
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter last week's rally by the bulls, bears are having one of their own for the Dollar. With that in mind, traders could see USDCAD head lower on an intraday level.
Yesterday bears were able to take the US Dollar Index (DXY) back to last…
US Dollar Slips Lower + Cryptos Face Pressure From Bears
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a dominant showing last week, the US Dollar Index (DXY) opens up the week with serious pressure applied by the bears. On the other hand, crypto markets continue to see major shorts as cryptos go on to make new lows.
After a slow start…
US Dollar to 93.400 + Gold and AUDUSD Shorts for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday marks the third straight bullish day for the US Dollar Index (DXY) suggesting the price is officially reversing higher. As a result, both Gold and AUDUSD shorts should be explored next week.
After spending almost the past two months…
Gold Trade Up +400 Pips as Dollar Bulls Pile On
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying Gold shorts as the price has taken a deep dive this week after Dollar bulls have pushed the US Dollar Index (DXY) to new quarterly highs.
Price action analysis completed yesterday on Gold provided a possible…
Dollar Continues to Consolidate and Potential Shorts for USDCAD
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is once again stuck in its consolidated ways and that has been the sentiment for almost two months now. Despite this, traders may have a short setup for USDCAD.
For the third straight day this week, the Dollar is…