In this video update, we take a look at the USD Dollar Index as the price is back at the key 97.70 highs. The Fed is currently hawkish on the recent data with the potential of a hike in 2019 still on the table. This has helped the USD push back into the key resistance and if the price breaks the 97.70 highs we can look for further USD long opportunities across the...
In this video update, we take a look at the end of day trade we placed on our telegram channel. USDCHF has been moving towards the yearly highs for some time now as the Swiss Franc weakens. Typically, when a market tests a yearly high, we do see a reaction from the level, which we are anticipating to be lower on this pair. If we do see a daily bearish close here,...
In this video update, we take a look at NZDUSD as price looks likely to move lower in line with the US Dollar Index. If the Dollar Index finds resistance at $97.00 we can look for long opportunities on NZDUSD. Apply this method to your trades and you may find it helps in your decision making.
In this video update, we take a look at GOLD as price consolidates at the key support level whilst the USD Index finds resistance. A break and close above the key highs will see GOLD head towards the key resistance highs and trendline. Look for short-term buying opportunities over the coming days if the USD can break below the lows of $97.00.
In this video update, we take a look at the US Dollar Index in order to look for trading opportunities for the week ahead. The DXY is currently finding resistance at $97.70, with seasonality also highlighting a bearish month for the greenback, the price could head back towards the $96.00 support. The 4hr timeframe suggests we could see a change in cycle if the...
In today's video update, we take a look at the USD again as we suggested yesterday we should see the USD bounce from the lows and demand zone. The USD index shows that the greenback remains rangebound and highlights the importance of waiting for the price to hit those key supply and demand zones before making trading decisions.