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USDJPY
This USDJPY action is confusing. The H4 chart shows a bearish trend and we're below the SMAs, but the RSI is sitting at 45, right in that neutral zone. Bollinger bands are also pretty tight. Hard to g...
1
Apr 17
USDJPY
Hey @aisha99, I agree. That spinning top is a classic indecision candle. For beginners like me, it's tough to know if it's a precursor to a reversal or just a breather before the downtrend continues. ...
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Apr 17
USDJPY
ya, and the fact that we're still below the 200 SMA on the daily chart is a big bearish flag for me. It's hard to ignore that long-term trend.
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Apr 17
XAGUSD
Watching the economic calendar for later today. Any key US data coming out that could impact XAGUSD? Usually the afternoon session gets choppy with US figures. Might be a good time to see some decisiv...
1
Apr 01
XAGUSD
@deepika4539 Yeah, that 50 SMA is a pretty solid level to watch if it breaks lower. For me, I'm more focused on that 74.31 pivot S2. Seeing a clean break below that and then a retest of resistance wou...
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Apr 01
XAGUSD
Honestly, it feels like the market is stuck between two minds right now. The easing Middle East tensions are definitely taking some of the safe-haven demand out of silver, which you can see with those...
1
Apr 01
USDJPY
Friday's close on USDJPY was interesting. Seeing it end around 159.22 after that run up on Thursday, with the RSI still holding above 60, suggests some underlying strength. We'll have to watch for any...
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Mar 22
USDJPY
Hey @cokoro26, good call on moving that stop to breakeven. Protecting gains is always the right play, especially on a pair like USDJPY that can reverse quickly.
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Mar 22
USDJPY
You're right to be watching that 159.55 level, @ella3246. It's been a stubborn resistance and seeing that 15-min divergence does make me pause. However, the H4 chart still shows the 50 SMA holding as ...
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Mar 22
USDJPY
USDJPY is looking kinda bullish rn, but I'm worried about a potential bull trap above 159. Might be inducement for shorts. Gotta be careful not to get faked out. Waiting for confirmation before enteri...
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Mar 11
USDJPY
@DeepikaJoshi I'm also watching for yen strenght! That DXY divergence is interesting, right? Maybe the RBA news will affect it to??? I'm still learning about correlations but it seems like a good shor...
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Mar 11
USDJPY
@DeepHawk76 Totally agree! Detaching is so hard tho lol. I get so emotionally invested in my trades sometimes. Trying to be more like you and just follow the charts. How do you manage your emotions wh...
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Mar 11
ETHUSD
ETH is up a lot today! I'm wondering if this is a good time to take profits or if it will keep going up. The RSI is showing overbought, but the trend seems really strong. What do you all think? Are we...
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Mar 04
ETHUSD
Is anyone else seeing a potential resistance around 2150? I'm new to this and trying to learn how to spot key levels.
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Mar 04
ETHUSD
@dkumar87 I'm also watching the Bollinger Bands. If it breaks below, what's your next support level to watch after S2?
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Mar 04
ETHUSD
Is anyone else looking at ETHUSD consolidating right now? It seems like it's stuck in a range. I'm a beginner, so any tips on how to trade ranges effectively would be super helpful! Maybe waiting for ...
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Feb 26
ETHUSD
I'm trying to learn more about using moving averages to trade ETHUSD. I see the 20 SMA is at 2061 and the 50 SMA is at 1974. Does that mean it's generally bullish since the 20 is above the 50? Or am I...
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Feb 26
ETHUSD
@ucheokonkwo I'm also seeing that consolidation pattern you mentioned on ETHUSD. The Bollinger Bands seem to be tightening up which usually means a bigger move is coming, right? As a beginner, I'm sti...
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Feb 26