Posts
Ethereum En Route to $5,000 + US Oil Gears for Next Leg Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the Forex market continues to labor behind the Dollar, the crypto markets are thriving as Ethereum surges past $4,400. After a slow down in price action, US Oil is finally looking to extend higher again.
Ethereum has finally breached above…
Dollar Faces Bearish Pressure + Crude Oil Swing Trade
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe 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…
US Oil Up +150 Pips and a Potential Short for USDCAD
Forex Trading Analysis, Live Trading Room, Technical AnalysisAnother trading week, another week that US Oil sets to push higher. Price action traders are looking to short USDCAD as this pair tends to be negatively correlated with Oil.
US Oil was able to create a new yearly highly just short of 71.80…
US Oil in Further Profits + Gold Longs Set for Entry
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is continuing its push lower which it started after last Friday's Non-Farm Payroll release. With that move in mind, traders could see Oil surge into further profits and Gold longs develop.
Price action traders were able to enter…
Dollar Rejects 90.00, Gold and Oil Moments Away From Entry!
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) has once again rejected 90.00 after a brief visit. With that in mind, Gold and Crude (Oil) are both looking to push higher against the weaker Dollar.
The past 4-6 weeks have been a struggle for the Dollar as the…
Crude Oil Longs Pending + Dollar Looks to Revisit 90.00
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index has once gained pushed back in an attempt to reach 90.00. Meanwhile, Crude (Oil) is set to push to new highs as economies reopen up globally.
After reaching 89.700, the Dollar has reacted bullishly with a hammer as the…
US Oil Ready to Push Higher as Dollar Stagnates
Forex Trading Analysis, Live Trading Room, Technical AnalysisAnother day in the markets and another day the US Dollar Index is stuck in a range. While the Dollar decides on a direction, US Oil (Crude) is set to make a run at the high of the year.
There are days and even weeks at a time where the Dollar…
Federal Reserve Cuts Rate + How Do We Trade This?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the Federal Reserve cutting rates, and what trades we can take in response to their decision.
In yesterday's session, we decided to take a short on GBPJPY.…