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USDCHF Intraday Profits + AUDJPY Shorts Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders who took intraday shorts for USDCHF yesterday are in profit as the price looks to revisit the range low. To finish off the week, traders are now looking to short AUDJPY.
Price action analysis completed on USDCHF indicated that price…
Dollar Index Rejects Zone Near 92.750 + Intraday Shorts for USDCHF
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs predicted by price action, the Dollar made a quick rally to 92.750. However, the price is looking to reject this zone and head lower. Traders are now seeking intraday shorts for USDCHF.
Dollar bulls made a statement yesterday as bulls…
EURUSD Longs and USDCHF Shorts as Dollar Continues Push Lower
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar starts this week off by closing bearish below 90.00 for the fourth time this month. This move has poised EURUSD to push higher and USDCHF to head lower.
With continued pressure from the bears, the US Dollar Index has once again…
Markets Moving Choppy But USDCHF and USDCAD Should Drop
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe markets have for the most part spent much of May in disarray. Despite the erratic behavior of the Dollar, both USDCHF and USDCAD should drop next week.
After the Dollar created a low at the start of the week near 89.700. After which price…
EURUSD & USDCHF Analysis with a Bullish Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisAnother trading week, and another day that the Dollar has pushed higher. With that in mind, majors such as EURUSD and USDCHF should continue their current trends.
Last week the US Dollar Index (DXY) was able to close above one of the highs…
EURUSD and USDCHF Swing Trades
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter solid job numbers and a stimulus bill finally decided upon, the US Dollar is thriving and is officially reversing to the upside.
As a result of the Dollar reaching new yearly highs, EURUSD is set to visit pre-pandemic levels. Price…
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…
2021 Forex Trade Biases and Trade Setups
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe new year is here and traders are ready to trade once again. The first official trading day of 2021 was eventful and also very informative for what's to come in the next twelve months.
Throughout the new year celebrations, the US Dollar…
USDCHF Profits + NZDCHF Trade Next?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our USDCHF trade idea. We then gave an update on our pending NZDCHF trade idea.
During yesterday's session, much of our focus was on EURNZD and AUDNZD. Our entry criteria…
AUDJPY and USDCHF Possible Swing Trades
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we briefly went over the US Dollar Index, and then we found swing trades for AUDJPY and USDCHF.
This morning we noticed that the US Dollar Index was desperately trying to rally off support at 92.55. On the…