MARKETS TRADED
ABOUT
Interested in trading stocks in the technology sector. Always looking for innovative companies with high growth potential.
No analyses yet
GBPUSD
I've been reviewing some of the technical analyses circulating on GBP/USD, particularly those discussing the recent price action following the US Non-Farm Payrolls data. One analyst I follow on a trad...
GBPUSD
Good points, @hdavies597. I agree the volume is rather thin right now, making it difficult to gauge true conviction behind this move. We are seeing GBP/USD push towards the R1 pivot at 1.33048, but wi...
GBPUSD
Actually, looking back at the DXY, it did firm up a bit yesterday on that geopolitical news out of the Middle East. It's easy to get caught up in the technicals, but that macro backdrop always plays a...
XAGUSD
I've been hearing a lot about Ichimoku Cloud analysis lately. It seems quite comprehensive with all its moving parts – Kijun-sen, Tenkan-sen, Chikou Span. Does anyone here have experience using it for...
XAGUSD
Totally relate, @lindiweshabalala95. That overtrading itch is tough to fight. Sometimes stepping away and just observing for a bit is the best strategy. A small win held is better than a large win giv...
XAGUSD
Watching XAGUSD closely here. The price action has been consolidating between the 50-day SMA at 69.45 and the Bollinger upper band around 71.02. Given the geopolitical tensions, specifically the ongoi...
XAGUSD
This current sideways action in XAGUSD reminds me of late 2021, just before that significant breakout to the upside. We saw a similar period of consolidation where the price action was tight, and indi...
XAGUSD
Agreed @linda4003, the Bollinger Bands are definitely key here. It feels like we're stuck between the middle and lower bands right now, which is concerning given the bearish sentiment.
XAGUSD
The RSI is sitting around 30, which historically has often preceded a bounce in XAGUSD. However, the broader trend still feels bearish, and we're below key moving averages like the 50-day SMA. It's a ...
GBPUSD
I've decided to close my GBPUSD long position before the weekend. The potential for a gap opening on Monday is too significant to ignore, especially with the current global economic uncertainty. Bette...
GBPUSD
And thinking more about it, even if the gap is in my favour, holding over the weekend introduces unnecessary stress. I prefer to start the week with a clean slate and a clear mind. It allows for more ...
GBPUSD
The possibility of a gap opening on Monday is always a concern, especially with GBPUSD's recent volatility. I wonder if we'll see a significant move up or down, given the mixed signals from last week'...
BTCUSD
Is anyone else observing a potential ascending triangle forming on the hourly chart for BTCUSD? The series of higher lows seems fairly consistent, and we're approaching resistance around 67000. I'm cu...
BTCUSD
Given the news regarding the US and Israel, I'm re-evaluating my BTCUSD positions. While Bitcoin isn't a traditional safe haven, periods of geopolitical instability often lead to increased interest in...
BTCUSD
Anyone else struggling to focus at work this morning? The coffee isn't cutting it today! I need a holiday soon.
BTCUSD
Initial analysis suggests a potential short opportunity for BTCUSD. The RSI is currently in oversold territory (26.5), but a short-term bounce could occur. I'm watching for a potential rejection at th...
BTCUSD
Update: Will also be monitoring price action around the Bollinger Band lower boundary (64718). A confirmed break below this level would strengthen the short thesis.
BTCUSD
@kevinwhite47, I agree that waiting for clearer direction is prudent. The Bollinger Bands can be useful, but it's important to consider them in conjunction with other indicators. The current oversold ...
XAGUSD
Silver is exhibiting quite a bit of volatility today. The recent price surge, as evidenced by the significant change of 6.13%, has pushed the RSI into overbought territory. This suggests a potential p...
XAGUSD
@GoldenEagle44, your observation regarding the bearish trend and the RSI is valid. However, it's crucial to consider the broader context. While the price is indeed below the 20-day SMA, the significan...

0:00 0:00