Submitted Jun 8, 2024|From dailypriceaction.com|4 comments

Today’s hot US jobs report has sparked a US dollar rally that could last all month. Watch today’s video to see how that could impact the DXY, EURUSD, GBPUSD, XAUUSD, and AUDCAD next week. The DXY broke below a significant level on Monday at 104.50. ...

Submitted Jun 6, 2024|From dailypriceaction.com

Thursday’s European Central Bank (ECB) rate decision and press conference failed to move the needle for the EURUSD, but traders don’t have to wait long for more volatility. Watch today’s video for my thoughts on today’s post-ECB price action from ...

Submitted May 15, 2024|From dailypriceaction.com|2 comments

GBPUSD is up today on a slightly cooler US Consumer Price Index (CPI) reading, but is it sustainable? Today, I’ll share the GBPUSD area to watch this week, which lines up with a critical level on the US Dollar Index (DXY). GBPUSD is up today ...

Submitted May 9, 2024|From dailypriceaction.com

EURUSD is up today on higher-than-forecast US unemployment, but is this the start of the next leg up or a bull trap? Today’s video discusses the key EURUSD levels to watch, and what could trigger the next big move, plus the latest on the US Dollar ...

Submitted May 7, 2024|From dailypriceaction.com

USDCAD has been relatively choppy in 2024, but my target that I set on January 3rd remains 1.3870, and today’s video explains why. I also shed some light on what’s happening with the US Dollar Index (DXY), and why the bottom may be in. USDCAD has ...

Submitted Apr 29, 2024|From dailypriceaction.com|5 comments

USDJPY is pulling back significantly today following a retest of 160.40 resistance, but will the pair move lower in May or is the bottom in? Today’s video outlines what I’m watching from USDJPY, including a simple way to trade a break from the ...

Submitted Apr 27, 2024|From dailypriceaction.com

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 ...

Submitted Apr 25, 2024|From dailypriceaction.com|1 comment

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 ...

Submitted Apr 17, 2024|From dailypriceaction.com

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 ...

Submitted Apr 1, 2024|From dailypriceaction.com

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 ...

Submitted Mar 28, 2024|From dailypriceaction.com

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, ...

Submitted Mar 14, 2024|From dailypriceaction.com

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 ...

Submitted Mar 6, 2024|From dailypriceaction.com|2 comments

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 ...

Submitted Mar 5, 2024|From dailypriceaction.com

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 ...

Submitted Feb 28, 2024|From dailypriceaction.com

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 ...

Submitted Feb 20, 2024|From dailypriceaction.com|3 comments

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 ...

Submitted Feb 15, 2024|From dailypriceaction.com

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 ...

Submitted Jan 23, 2024|From dailypriceaction.com

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 ...

Submitted Jan 20, 2024|From dailypriceaction.com

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 ...

Submitted Jan 13, 2024|From dailypriceaction.com|1 comment

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 ...