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Dollar Surges on ADP Job Report + Oil Longs Pending Entry
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe 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.…
USDCHF and USDJPY Profits + Dollar At Crossroads
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar spent much of yesterday selling off and as a result trades for USDJPY and USDCHF raked in decent profits for traders. As of right now, the Dollar is at crossroads in deciding which direction it wants to go.
Price action analysis…