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The US dollar (DXY) surged on Friday following several retests of descending channel support at 105.50. Watch today’s forex forecast video below to see how that could impact the EURUSD, GBPUSD, AUDUSD, and XAUUSD next week! The DXY is surging today ...
XAUUSD (gold) started its pullback this week, but is it over or does the metal have lower to go? Today’s video sheds light on what could be next for XAUUSD, including an update on my short position, key levels to watch, and targets. I also share the ...
GBPUSD offered shorts an entry at 1.2498 early this week, but markets point to a more appealing risk-reward in the coming days. Get the details in today’s video, and see why the US Dollar Index (DXY) is pulling back today. GBPUSD is consolidating ...
The EURUSD has started the week with another 60-pip drop after breaking 1.0800 support, as discussed late last week. What’s next for the EURUSD as it comes into some support at 1.0730? Will the downtrend continue, and if so, what’s the best way to ...
The US Dollar Index (DXY) is fighting with 104.45 resistance today, a key level that will likely determine what we see from the dollar next week. In today’s video, I discuss what’s required from DXY bulls to open up levels like 105.00 and 106.00, ...
US inflation data has once again surprised to the upside this week, which should give euro and pound bulls cause for concern. In today’s video, I discuss today’s US Producer Price Index (PPI) and how this, combined with Tuesday’s Consumer Price ...
The US Dollar Index (DXY) is breaking below critical support today, suggesting a possible change in trend. In today’s video, I discuss what today’s DXY selloff could mean for the dollar, including key levels and targets. The DXY is breaking down ...
EURUSD is trying to reclaim the 2022 trend line today, but sellers aren’t going down without a fight. Today’s video focuses on an over/under scenario for EURUSD, including how to trade it and key levels to watch. I also share the latest on the US ...
GBPUSD remains range-bound but is coming off a critical level I discussed last weekend. In today’s video, I discuss what GBPUSD needs to do to target range lows, and what could trigger another rally. I also share the latest on the US Dollar Index ...
EURUSD tested a critical level from 2022 today at 1.0839, which could lead to a more substantial move in the coming days. I’ll have the latest on that in today’s video, including key levels, targets, and a trade I put on earlier today. Plus, the ...
GBPUSD is bouncing today, but is it temporary relief or something more significant? Today’s video outlines the big picture for the GBPUSD chart, and the short-term levels to watch. I also share the latest on the US Dollar Index (DXY) as it battles a ...
GBPUSD has been a challenging pair to read and even harder to trade since December. However, the recent price action on the US Dollar Index (DXY) and even the pound’s counterpart, the EURUSD, offer some clues. I discuss those clues in today’s video ...
Today I’m going to show you exactly how I’m trading the US Dollar Index (DXY), EURUSD, USDJPY, USDCHF, and AUDUSD. The DXY reclaimed 102.60 last week but dollar bulls are having a difficult time cracking the 103.50 resistance area. That could lead ...
The US Dollar Index (DXY) remains indecisive to start the new year, but a breakout from this range would mean fresh opportunities. In today’s video, I discuss what the US dollar needs to do to offer opportunities from the majors next week. I also ...
Will XAUUSD (gold) give us a pullback to start the new year? Or will bulls finally break macro resistance? Today’s analysis has all the answers, including a level that could offer an opportunity this week! XAUUSD is trading just below its $2,075 ...
video Can the US Dollar Index (DXY) hold onto critical support at 100.80? Or will the index signal further dollar weakness as we begin a new year? In today’s video, we’ll discuss key levels and likely scenarios for the dollar index so you’re ...
Today I’m going to provide an update on Friday’s GBPUSD commentary where I called for a possible fakeout. We’ll discuss key levels and targets, plus the latest on the US Dollar Index (DXY). Last Friday, I wrote about a possible fakeout developing ...
Today I’m going to share a must-watch level on the US Dollar Index (DXY) that could offer significant clues for EURUSD this month. I’ll discuss key levels and targets if dollar bulls can follow through. The EURUSD has been a difficult currency pair ...
Today I’m going to share a possible fakeout developing on the GBPUSD daily time frame. We’ll discuss what needs to occur to confirm the pattern, and some key levels to watch next week. I’ll also provide an update on the US Dollar Index (DXY). GBPUSD ...
Today I’m going to share how I’m trading EURUSD as we head into Wednesday’s FOMC. We’ll discuss key levels to watch, and possible scenarios following Wednesday’s volatility that could lead to a favorable opportunity. EURUSD has been a tough currency ...