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US Dollar to 92.750 with USDJPY Looking to Push Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is seeing bulls come in at the right time as bears almost brought the price to 92.000. With this resurgence, USDJPY is looking to edge higher.
Yesterday's price action made it seem likely that the DXY would revisit…
NZDUSD Hits Final Target + Dollar Resumes Path to 93.430
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying their longs for NZDUSD as the price has hit all respective targets. More moves are on the way in the market as the Dollar is ready to push to 93.430.
Last Friday, price action traders witnessed a bullish…
USDJPY Swing Longs as Dollar Bulls Surge Price Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders can look for USDJPY to push a considerable amount higher as the US Dollar Index (DXY) get's ready to take out this year's high.
After spending a few days in a range, the US Dollar is ready for its next leg up. Today the DXY was able…
DXY at 90.00 + USDCAD and USDJPY Shorts Pending
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) has officially reached 90.00 which was the low made to start the new year. With further bearishness expected, traders can expect both USDCAD and USDJPY to push lower.
Since May of this year, the Dollar has begun…
EURUSD Longs Back on Table + DXY Set to Fall Again
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter an eventful week in Forex markets last week, this week seems to be just as promising. The Dollar is looking to head lower and several key fundamental events throughout the week should provide volatility and price movement.
The US Dollar…
GBPUSD and Gold Longs for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar's demise had provided a great trading week in both the Forex and Crypto markets. With further downside expected for the Dollar, one can expect this week's trends to continue next week.
The US Dollar Index (DXY) is almost at 91.400…
USDJPY Longs + DXY Ready for Next Push Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the US Dollar Index (DXY) continues its bullish ways, the Dollar is beginning to extend its gains against the Japanese Yen. In addition to shorting pairs like EURUSD, traders should also look to take longs for USDJPY and USDCAD.
USDJPY…
Dollar Recovery Likely + USDJPY Swing Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is up for the day to start the Non-Farm Payroll week. Current forecasts suggest positive job numbers, which should lead to further upside for the Dollar.
Although the unemployment rate is expected to increase to 6.4%, the US economy…
USDJPY Intraday Short + US Oil in Deep Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs expected, the US Dollar Index has found itself below 91.000. If the daily can close below this level, traders may see further Dollar weakness.
After last Friday's bullish NFP results, the Dollar has continued its selloff. Price made a…
DXY to 91.90? + USDJPY Swing Long Priming
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar has some life to it as the DXY is up +0.50% for the day. The next target may be 91.90 leaving the door open for USDJPY longs.
For the past six weeks, the DXY has been capped by 91.00. Price was able to push up to this level on…