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DXY Approaching Balanced Range + BTC & ETH looking to drop for the weekend

DXY Approaching Balanced Range + BTC & ETH Looking to Drop for the Weekend

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Dollar Index still has room to the upside, but we are approaching the balanced range of the 95.409 - 95.735 area. Predicating one more push to the upside at least to 95.410, and if it does touch today, will probably close all Major trades, only…
Majors and super bear AUDUSD looking to drop + Dollar bulls taking over

Majors and Super Bear AUDUSD looking to drop + Dollar bulls taking over

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Dollar bulls continue to hammer away, driving Majors down. If you follow the Order blocks you will be happy to see the presence and their value on the daily Dollar Index. AUDUSD is super bearish, will see a bounce and downward continuation…
Bullish Dollar on Positive CPI Data + Majors Set to Slump in Coming Weeks

Bullish Dollar on Positive CPI Data + Majors Set to Slump in Coming Weeks

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The Dollar uptrend is back in play as bullish CPI data fuels a new rally higher. As a result, traders can expect many of the majors to slip in the coming weeks. This morning's bullish CPI came out at 0.9% versus the forecast of 0.6%. This…
Dollar Bulls Surge to 94.500 Resistance + AUDUSD Shorts to Range Low

Dollar Bulls Surge to 94.500 Resistance + AUDUSD Shorts to Range Low

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After consolidating for most of the week, the Dollar had enough bullish presence to make a run at 94.500. As a result, traders are seeking short for AUDUSD as the price presents bearish cues. During the London session, Dollar bulls were able…
US Dollar Rejects 94.200 + USDJPY Intraday Shorts Entered

US Dollar Rejects 94.200 + USDJPY Intraday Shorts Entered

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The Dollar ended the previous trading week by surging up to 94.200, however, bears are pushing back lower. As a result, traders are seeking intraday shorts for USDJPY. The recent price action for the Dollar has been far from ideal as the…
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…
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…
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…
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 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…