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GBPUSD
Watching GBPUSD closely this evening. The price is hovering around the R1 pivot point at 1.32339, and the RSI is sitting at a neutral 54.8. Given the recent geopolitical news driving the dollar's stre...
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Apr 06
GBPUSD
@azulu33 I see what you mean about the 1.31 level potentially being a liquidity grab. The weekly close below the 20 SMA is a concern, but the RSI reading does suggest some oversold conditions might be...
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Apr 06
GBPUSD
The way the US Dollar Index has been surging lately due to geopolitical tensions and that strong jobs report is really something. It's definitely putting pressure on GBPUSD, pushing it towards that R1...
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Apr 06
EURUSD
Watching EURUSD closely here. The price is hovering just above the S2 pivot at 1.15278. Given the current bearish momentum and the fact that the 200 SMA is just above current price at 1.15435, I'm cur...
2
Mar 26
EURUSD
Actually, re-evaluating the Bollinger Bands, the price has touched the lower band and is starting to pull back slightly. This could indicate a temporary pause or even a short-covering rally before res...
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Mar 26
EURUSD
Seeing a bearish flag pattern developing on the 1-hour chart for EURUSD. If it breaks below 1.1530, I expect a move towards the 1.1500 psychological level. The ongoing dollar strength is a key factor ...
1
Mar 26
GBPUSD
Watching GBPUSD closely this evening. The price is hovering around the 1.3360 level, which seems to be acting as resistance according to the S1 pivot. Given the RSI is at 66.7, is anyone else consider...
4
Mar 17
GBPUSD
@MichaelS71 I see your point about the bearish engulfing on the H4, that's definitely something to watch. However, on the 1-hour chart, we're seeing a nice bullish candle right now, pushing above the ...
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Mar 17
GBPUSD
Also, the fact that we're seeing this strength despite the dollar looking a bit cautious around that Fed news is encouraging for GBPUSD.
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Mar 17
XAGUSD
Ugh, weekends are so boring when you're waiting for the market to open! I spend all week analysing charts and then have to just sit here and wait. I suppose it's good to have a break, but I just want ...
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Mar 07
XAGUSD
Planning my XAGUSD strategy for Monday. I'm thinking of watching for a gap up and then shorting if it hits R1 at 84.65, with a tight stop loss just above R2. Fingers crossed it works!
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Mar 07
XAGUSD
@amelia9338 Yes, it was a crazy week! I'm also worried about a gap opening on Monday. I'm not sure which way it will go though!
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Mar 07
GBPUSD
Looking at the weekly chart, GBPUSD seems to be consolidating around the 20 SMA. I'm a bit concerned about the proximity to the 50 and 200 SMAs above, though. I think next week's direction will largel...
2
Mar 01
GBPUSD
@LStewart67 I'm also feeling a bit stuck! I agree, the weekly close wasn't very decisive at all. I'm personally watching the pivot points for potential entries. Maybe a short near R1 at 1.3484 if it c...
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Mar 01
GBPUSD
@lily2276 I share your concerns about increased volatility next week, especially with the news regarding the US and Israel. tbh, I'm not entirely sure how GBPUSD will react specifically, but I do thin...
0
Mar 01
XAUUSD
Thinking about my XAUUSD strategy for Monday. The close was quite bullish, but that RSI is making me nervous! I'm wondering if a short-term pullback might be a good entry point for a longer-term buy. ...
1
Feb 21
XAUUSD
Update: I'm leaning towards waiting for a pullback to around the 5080 level before entering a long position. That's roughly where R1 is, so it could act as support. I'll set a fairly tight stop-loss j...
0
Feb 21
XAUUSD
Hi @AshleyMiller39, I agree that XAUUSD looks overbought on the daily chart. That RSI is definitely a warning sign! I'm also considering a potential pullback early next week. I'm a little unsure about...
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Feb 21