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I prefer gold because it's a safe and reliable investment. I am using a buy and hold strategy.
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EURUSD
Watching the calendar for tomorrow's US CPI data. That's going to be the main driver for the dollar, and likely EURUSD as well. If it comes in hotter than expected, we could see the Fed stay hawkish l...
1
Apr 16
EURUSD
@matthewdavis41 You make some solid points about the technicals Aisha. I've got the H4 chart up and can see that bearish divergence on the RSI you mentioned, it's definitely a red flag. Plus, the 20 a...
0
Apr 16
EURUSD
Just caught a bit of a webinar recap on YouTube about the EURUSD outlook. The analyst was talking about how the DXY is showing signs of weakness, potentially due to some of that geopolitical news we s...
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Apr 16
BTCUSD
Watching the 4-hour chart for BTCUSD. The RSI is sitting at 57.8, which is pretty neutral territory. However, we're seeing price action hovering right around the 200 SMA at 68166. The pivot point is c...
2
Apr 01
BTCUSD
@kabirusani79 I agree, that news about Strategy pausing BTC buys is definitely something to consider. It might be a good time to be a bit more cautious, especially with those upcoming economic reports...
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Apr 01
BTCUSD
The economic calendar for today is quite busy, especially with the London/NY overlap session. We've got the ADP nonfarm employment change coming up, which could significantly impact risk sentiment. Th...
1
Apr 01
USDJPY
This week was a bit of a grind for USDJPY. I was watching that 159.50 resistance closely, but it just kept pushing. Managed a small scalp on Friday before close, but mostly just observing. Hoping for ...
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Mar 21
USDJPY
Hey @tdavies290, good point about the Fed holding rates. That's definitely a factor in keeping USDJPY from falling off a cliff, even with the oil news. Curious to see if that holds up next week.
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Mar 21
USDJPY
Hi @ella3246, I agree about the 159.55 level being key. The divergence on the 15-min is definitely something to note, especially with the RSI pushing 70. I'm personally watching the 50 SMA on the dail...
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Mar 21
DXY
Okay, so I'm trying to be patient with the DXY, but it's hard! I keep closing my trades early because I get nervous. Then, of course, it goes in the direction I thought it would. I need to stick to my...
1
Mar 11
DXY
@michaeljohnson32 I feel you on the spreads! It's so annoying when brokers do that. I haven't seen it today, but I'll keep an eye out. Thanks for the heads up!
0
Mar 11
DXY
And it's not just closing early! Sometimes I move my stop loss way too close to my entry point. Like, I'm so scared of losing money that I end up guaranteeing myself a tiny profit instead of letting t...
0
Mar 11
XAGUSD
Silver's up again! I really like silver! I'm holding for the long term. I think it will go up a lot in the future. I'm so excited to see where it goes!
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Mar 04
XAGUSD
@lakshmi9895 I'm new to this but what does "overbought" actually mean? I'm so confused by all these terms. Should I sell now?
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Mar 04
XAGUSD
@isabella6184 I feel that! It's so hard to know what to do sometimes. I'm also watching silver closely. I'm hoping it goes up soon. I bought some a while ago at around 80, so I'm still in the green, b...
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Mar 04
BTCUSD
I'm so excited about BTC lately! It's been doing so well overall. I'm a big believer in holding for the long run, just like gold. Does anyone think BTC can reach 75k this year? That would be amazing!
1
Feb 26
BTCUSD
update: I've been watching the charts a bit more and it really feels like the trend is still strong. Even with the little dip today, the overall picture looks so good. I just love seeing it climb! It ...
0
Feb 26
BTCUSD
@BrianM99 I totally agree! 70k sounds so possible. I'm also really bullish on BTC, it's such a great asset to hold!
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Feb 26