Submitted Sep 21, 2024|From dailypriceaction.com

Can the US dollar hold range support in the week ahead, or will we finally see it capitulate? Check out today’s Weekly Forex Forecast to see how I’m trading the DXY, EURUSD, GBPUSD, USDJPY, and USDCHF for the week ending September 27, 2024. The DXY ...

Submitted Sep 10, 2024|From dailypriceaction.com

I’ve highlighted the importance of GBPUSD 1.3100 and 1.3140 recently, and both levels have now failed. In today’s video, I break down what Monday’s failure could mean for the pound and the key DXY levels to watch this week. GBPUSD has failed to hold ...

Submitted Aug 30, 2024|From dailypriceaction.com

The US dollar is rebounding this week, but will the momentum carry into the week ahead? Get insights into potential market moves and trade setups for the DXY, EURUSD, GBPUSD, AUDUSD, and NZDUSD to help you navigate the week ahead. The USD index is ...

Submitted Aug 28, 2024|From dailypriceaction.com

EURUSD is facing a critical test today as it hovers near the must-hold 1.1100 support level, while DXY tests key resistance at 101.13. EURUSD bulls are being put to the test today. As discussed in recent videos, the 1.1100 area represents a ...

Submitted Aug 27, 2024|From dailypriceaction.com

XAUUSD is holding above key support near $2,505, with gold bulls aiming for a potential rally toward $2,560. Watch today’s video for an in-depth analysis of the critical levels to watch and the impact of the weakening US dollar on gold’s next move. ...

Submitted Aug 26, 2024|From dailypriceaction.com

EURUSD is positioned to test the 1.1300 resistance level as the US dollar remains under pressure, with the DXY flirting with its December 2023 low. Watch today’s video for a detailed analysis of what to watch this week. The US dollar has been under ...

Submitted Aug 24, 2024|From dailypriceaction.com

Will the US dollar extend its decline or rebound from the December 2023 low? Watch today’s video for key market insights to guide your trading on the DXY, EURUSD, GBPUSD, EURCAD, and XAUUSD in the week ahead. The DXY continues to struggle to rebound ...

Submitted Aug 22, 2024|From dailypriceaction.com

EURUSD has hit a critical resistance level at 1.1140 after a relentless rally, but the tide may be turning. With the euro pulling back and key support levels coming into play, traders need to stay alert to the potential for a larger correction. ...

Submitted Aug 19, 2024|From dailypriceaction.com|3 comments

Will EURUSD pull back this week, or will it extend the rally above critical resistance? In today’s video, I break down what to watch for in each scenario, including the latest on the USD Index (DXY), and share which setup I’m leaning toward trading. ...

Submitted Aug 14, 2024|From dailypriceaction.com

The EURUSD retested ascending channel resistance today, marking the second test this month. This is the same level that caused the 125-pip pullback we saw earlier in August. It also aligns with the US Dollar Index (DXY) 2023 channel support. Whether ...

Submitted Aug 12, 2024|From dailypriceaction.com

The EURUSD recently retested its 2021 trend line ahead of the August 2nd non-farm payroll (NFP). If you saw the analysis before I left for vacation, you should have been prepared for 1.0780 to serve as key support. The euro reached a low of 1.0777 ...

Submitted Jul 22, 2024|From dailypriceaction.com

EURUSD is picking up right where it left off last week as the US dollar (DXY) surges following the recent reclaim of the 104.00 level. If you saw last weekend’s forecast video, you know that the DXY reclaimed 104.00 last week. That was a significant ...

Submitted Jul 20, 2024|From dailypriceaction.com|1 comment

The US dollar reclaimed a significant level late last week, so how might that affect your favorite currency pairs this week? Check out the video below for the latest on the US Dollar Index (DXY), EURUSD, GBPUSD, AUDUSD, and XAUUSD. If you saw last ...

Submitted Jul 14, 2024|From dailypriceaction.com|2 comments

The US dollar is down big again this week, but will it last into next week? Find out in today’s Weekly Forex Forecast and get the latest on the DXY, EURUSD, GBPUSD, USDJPY, and AUDUSD. The DXY has dropped significantly over the last two weeks, now ...

Submitted Jul 9, 2024|From dailypriceaction.com

Is GBPUSD a buy following last week’s breakout? All eyes are on 1.2770 this week following last week’s breakout. We’ve discussed the multi-year consolidation from pairs like GBPUSD and EURUSD in recent weeks, so now it’s time to see if buyers can ...

Submitted Jul 8, 2024|From dailypriceaction.com

EURUSD broke out last week, but can bulls hold the line this week? EURUSD closed above its 2021 trend line last week at 1.0825. It was the first weekly close beyond the multi-year consolidation we’ve discussed on this site. The question now is, can ...

Submitted Jul 3, 2024|From dailypriceaction.com

GBPUSD is trading above 1.2685 today for the first time since June 19th. But have sellers lost control? Put differently, is it time to buy GBPUSD? That’s premature, in my opinion, simply because the pound remains below its 2021 trend line at 1.2780. ...

Submitted Jun 29, 2024|From dailypriceaction.com|1 comment

The US dollar is back in a familiar range, but how might that affect your favorite currency pairs next week? Get the details in today’s analysis, including key levels and targets for the DXY, EURUSD, GBPUSD, USDCAD, and XAUUSD. The DXY continues to ...

Submitted Jun 27, 2024|From dailypriceaction.com

NZDUSD is breaking down from a structure we discussed last week, but is it still valid considering today’s pullback from the US dollar? NZDUSD is trading below a key level I mentioned last week that may present an opportunity in the coming days. The ...

Submitted Jun 25, 2024|From dailypriceaction.com

EURUSD is holding below 1.0725 on the weekly time frame, but a much greater opportunity will materialize later this year. Watch today’s video for the details, including key levels and targets, and get the latest on the DXY. EURUSD has started the ...