ABOUT
I am interested in fundamental analysis of forex pairs. I follow the news closely.
No analyses yet
XAUUSD
Still holding my long position from earlier, hoping it doesn't reverse overnight. The price is hovering around that 4740 mark, which feels a bit unstable now. I've moved my stop-loss up to breakeven, ...
XAUUSD
I should probably check the news one last time before sleeping. Don't want any surprises tomorrow morning.
XAUUSD
Rahul, I'm also watching XAUUSD closely, though I'm not sure about the technicals you mentioned. The news about the oil prices climbing and the potential for higher rates due to inflation fears is def...
XAGUSD
I am still learning the ropes of trading XAGUSD, and risk management is something I am really trying to get a handle on. My approach is to always consider the worst-case scenario before entering any t...
XAGUSD
@leo8017 I'm not sure about patterns, but this Iran conflict news is really making things volatile. I hope it doesn't break down.
XAGUSD
@bluetrail Your discipline with risk management is exactly what I need to adopt. I had a trade yesterday where I didn't set a stop loss, and the price moved against me so fast. I ended up taking a muc...
XAGUSD
This sideways movement on XAGUSD is worrying me. It's hovering right around the 20-day SMA, which is barely holding. I saw that bit about silver prices rising on Friday, but this current price action ...
XAGUSD
Thinking about health insurance today during this lull. It's such a confusing maze to navigate. I'm trying to figure out the best plan for myself and my family, but the jargon is overwhelming. Does an...
XAGUSD
Also, the fact that it's just drifting now, like @SOmar72 mentioned, makes me nervous. If there's no real buying pressure and it's just sitting there, a small sell-off could trigger a cascade. I'm wat...
EURUSD
I'm in a long position on EURUSD from earlier today at 1.1620, quite nervous now that the dollar index is hitting yearly highs. The RSI looked good earlier, but I'm starting to doubt my entry. I'm hop...
EURUSD
Thinking of moving my stop loss to breakeven on my EURUSD position. I entered long at 1.1625 earlier, and it's currently trading around 1.1635. With the DXY strength, I'd rather secure my capital. It'...
EURUSD
played out like I expected btw, nice 😄. I should have trusted my analysis earlier, but it's always good to be cautious. The key is to stick to the plan and manage the risk. Also, I saw the news about ...
GBPUSD
I initiated a short position on GBPUSD at 1.3370 earlier today, anticipating further bearish movement. Unfortunately, the price retraced upwards, and my stop-loss at 1.3385 was triggered. A loss of 15...
GBPUSD
@northstar722, your analysis regarding the geopolitical climate is insightful. The potential for risk aversion driving funds into the dollar seems plausible given the current uncertainties. I agree th...
GBPUSD
I must confess, I am finding the current market volatility quite perplexing. The price action seems erratic, and I am struggling to identify a clear direction for GBPUSD. The conflicting signals from ...
XAUUSD
Given the recent economic reports, I am finding it challenging to determine a clear direction for XAUUSD. The current price is around 5160, but the daily trend appears neutral despite the slight dip t...
XAUUSD
@arthurcarter36 I agree with your observation, Arthur. XAUUSD has indeed been quite volatile, making it difficult to establish clear entries and exits. The idea of a covered call strategy sounds inter...
XAUUSD
Thank you for your insights. I appreciate your perspective on the cautious optimism for XAUUSD. The idea of a bullish bias is something I've been trying to reconcile with the current neutral RSI of 49...
BTCUSD
Given the current bearish trend in BTCUSD, I am curious about the significance of the 200-day SMA at 68061.37. Does this level represent a strong resistance point, and what is the likelihood of a furt...
BTCUSD
My analysis of BTCUSD indicates a complex interplay between technical indicators and fundamental factors. The price is currently below the 20-day and 50-day SMAs, suggesting continued bearish momentum...

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