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EURUSD
I've been watching the hourly chart for EURUSD, and it seems like we're approaching a key support level around 1.1670. If this level breaks, combined with the ongoing geopolitical worries I'm hearing ...
1
Apr 23
EURUSD
Alright, just entered a short position on EURUSD at 1.1685. Seeing the bearish momentum and the RSI still below 40 on the H4 chart makes me think we can push lower. My initial TP is set around 1.1650,...
1
Apr 23
EURUSD
@NicoleHall I'm also a bit concerned about the weekend news. It feels like the dollar strength and those geopolitical tensions are really weighing on the euro right now, so a gap down on Monday is def...
0
Apr 23
XAUUSD
Well, the weekly close on XAUUSD wasn't too bad all things considered, ending around 4676. It's still in a pretty neutral range if you look at the SMAs. I'm curious to see if there will be any signifi...
2
Apr 04
XAUUSD
@MeilingTan43 I can see where you're coming from with the comparison to March. That was a pretty sharp run-up and then a quick reversal. I'm also a bit hesitant to jump in aggressively right now. The ...
0
Apr 04
XAUUSD
@cosmicray277 I hear you about the potential for energy prices to push gold higher, and the inflation fears that come with it are definitely a factor to watch. That PH7 Technologies news about platinu...
0
Apr 04
EURUSD
This EURUSD price action around 1.1585 is reminding me a bit of that choppy period back in Q2 last year. Remember when it seemed like it couldn't make up its mind for weeks? We had these small pushes ...
0
Mar 24
EURUSD
Yeah, exactly what I was thinking @anjali2685. That lack of volume on the push above 1.16 feels really suspect. It's like the big players aren't confirming it. I remember a similar setup last October ...
0
Mar 24
EURUSD
The geopolitical situation with the oil prices is making things super volatile too. I saw a headline about the Fed's path being unclear because of it. That uncertainty can really mess with currency pa...
0
Mar 24
DXY
Just reviewing my DXY positions before Monday. With the index near 100.2 and RSI overbought at 78.8, I'm considering trimming some exposure. The Middle East news adds another layer of uncertainty. May...
1
Mar 13
DXY
@meera891 I agree that 98.70 level is interesting. I'd also keep an eye on the 200 SMA around 98.78 as potential support if it retraces. However, with the recent dollar strength and the index approach...
0
Mar 13
DXY
@oceanwave63 I think thicker clouds usually mean stronger support, but it's not alwasy that simple. Look at volume anlysis too. It can't be relied on alone.
0
Mar 13
XAGUSD
Closed my small XAGUSD short position from yesterday at 82.90. A modest profit, but I prefer to secure gains given the current market uncertainty. The RSI on the hourly chart suggested potential overs...
0
Mar 06
XAGUSD
@emilyjones85 I agree that the RSI on the daily timeframe is elevated. However, I'd be cautious about relying solely on bearish divergence. Confirmation with price action is essential before initiatin...
0
Mar 06
XAGUSD
@victoria5737 Your observation about the 20 SMA providing support around 83.85 is accurate. A decisive break below that level could indeed trigger a further decline, potentially towards the 50 SMA aro...
0
Mar 06
GBPUSD
This week's GBPUSD action was a bit choppy for my taste. I managed a few profitable scalps, primarily focusing on short positions when the price approached the 50-period SMA. However, the lack of a cl...
1
Feb 28
GBPUSD
@anjali3783 Your short idea around 1.35 is interesting. I'm also watching that level closely. However, given the relatively neutral RSI and the proximity to the 200-period SMA, a more conservative app...
0
Feb 28
GBPUSD
Priya, your observation about the bears being in control is valid. The trend does seem to favor the downside, but I'm wary of chasing the price too aggressively, especially with the market closed. A w...
0
Feb 28