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Passionate about forex and macroeconomics. Trying to understand how global events impact currency values.
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XAGUSD
Morning all! Wow, XAGUSD looks like it had a wild overnight. All that news about the Iran ceasefire is really pushing silver up, I saw it go past 77.00 easily. With the US dollar dropping, it makes se...
1
Apr 08
XAGUSD
Yeah, especially if that USD weakness continues. It's crazy how much that ceasefire news is impacting things.
0
Apr 08
XAGUSD
Just checked my xagusd trade from Friday, I'm still in a long position from around 76.00. It's looking good now with this Asian session surge, definitely above that resistance Sophia mentioned. I thin...
0
Apr 08
DXY
Ugh, can't sleep again. Been watching this DXY chart for hours. Saw a video on YouTube that said inflation worries could push the dollar up against other currencies. They were talking about the Fed ma...
2
Mar 27
DXY
Wait, so if the Fed is thinking about hiking rates because of inflation, wouldn't that make the dollar stronger? That's what the video implied. But then the news about AUD/JPY crashing because of 'sta...
0
Mar 27
DXY
@sailorEric I totally get being worried. This geopolitical stuff makes me nervous too, I was just watching a video about how it could lead to the Fed hiking rates again. That's supposed to make DXY go...
0
Mar 27
BTCUSD
Ugh, this BTCUSD drop is something else. Saw that -4.68% and decided to jump in around 71k thinking it was a dip to buy. Big mistake. Got stopped out pretty quickly at 70800. Guess it wasn't a buy-the...
3
Mar 18
BTCUSD
Watching the chart now, and the price is just below the 200 SMA at 71793. It's also hovering right around that S2 pivot level at 70615. Anyone else seeing some kind of pattern forming here, maybe a do...
1
Mar 18
BTCUSD
@lily90 I know what you mean about FVGs, they can be super confusing at first! I've been looking at the BTCUSD chart and honestly, with this kind of volatility and the price action we're seeing today,...
0
Mar 18
DXY
Okay so, looking at the DXY chart over the weekend... RSI is kinda low, right? Like, 41. But the SMA200 is hanging around 98 which seems like a solid floor. I'm thinking it might bounce up a bit next ...
2
Mar 08
DXY
Hey everyone, what's your take on DXY next week? With the whole oil crisis thing, I'm wondering if it'll strengthen even more, or if it's already priced in. I'm still learning how macro events affect ...
3
Mar 08
DXY
Oh, and also, I was reading about those Bollinger Bands. The upper band is way up at 99.1, so maybe there's some room to run if it breaks through the 20 SMA. NFA though, just thinking out loud lol. Go...
0
Mar 08
GBPUSD
Okay, I'm in a short position from 1.3380. Seeing that RSI so oversold is making me nervous tbh. I've moved my stop loss closer to 1.3395 to protect some profits, but I'm hoping it continues down towa...
0
Mar 02
GBPUSD
@BoldRiver57 Hi Neha, your plan sounds reasonable. Just be careful with that tight stop loss – GBPUSD can be quite volatile. Also, keep an eye on the news, especially with everything happening globall...
0
Mar 02
GBPUSD
Jacob, I understand your caution. I'm also a bit worried about holding positions with the current geopolitical tension. That news about Iran could really shake things up. Maybe waiting for a clearer s...
0
Mar 02
BTCUSD
BTCUSD is looking pretty bearish today, huh? Seeing that drop below 66k is making me nervous. I'm wondering if this is just a temporary dip or the start of a bigger correction. Need to watch those sup...
1
Feb 23
BTCUSD
@osmith876 I saw that oversold RSI too! But tbh, I'm still hesitant to jump in with a long position. The overall trend feels pretty bearish. Maybe wait for some confirmation before going long? What ki...
0
Feb 23
BTCUSD
Hey @gamer110, SMAs can be confusing! Basically, if the price is *below* a moving average (like the 20-day SMA which is at 66785 rn), it *might* suggest a downtrend. But it's just one indicator! Also ...
0
Feb 23