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ETHUSD
Watching ETHUSD closely here. The price action around the 2330-2345 zone feels significant. Seeing some consolidation, but I'm wondering if anyone else is noticing potential resistance building up at ...
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Apr 15
ETHUSD
Hey @gSharma92, that sounds like a good way to unwind! Though my own evening has been a bit more... tense. I've been glued to the ETHUSD charts. This whole EIP-8105 thing is interesting, but honestly,...
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Apr 15
ETHUSD
Oh, I can only imagine, @toyekan250! Grandkids are a whirlwind. I'm trying to avoid any kind of 'chaos' myself tonight, but it's the charts keeping me up. ETHUSD has been quite active during this NY s...
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Apr 15
ETHUSD
I took a small long position on ETHUSD around 2080 earlier today. Unfortunately, the price dipped unexpectedly and I had to cut my losses. It hit my stop-loss at 2060. Still learning to manage my risk...
2
Mar 31
ETHUSD
Hi @isabellagonzales93, I see what you mean about the chart potentially looking more optimistic. The price did bounce nicely off the 2065 area, which seems to be holding as support. However, I'm still...
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Mar 31
ETHUSD
Actually, thinking about that earlier trade again, the reason I got stopped out so quickly might have been the news about geopolitical risks impacting sentiment. It's hard to tell sometimes if the pri...
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Mar 31
XAUUSD
Looking at the XAUUSD chart over the past week, it's clear the sentiment turned quite bearish. Friday's close was particularly weak, pushing us below the 200-day SMA. I'm concerned about what we might...
3
Mar 21
XAUUSD
Hi @EthanWright53, I have been watching gold quite closely, and I agree that it seems to be reacting to broader market sentiment lately. The correlation with silver is noticeable. Last week's sharp de...
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Mar 21
XAUUSD
Also, on Friday's close, the price ended up below both the 50-day and 200-day SMAs, which is a pretty strong bearish signal. While the RSI is showing oversold conditions at 29, that doesn't guarantee ...
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Mar 21
DXY
The dollar index is nearing 99.00... This Middle East situation is really keeping things volatile. I'm hesitant to make any major moves until the CPI data is released. Too much uncertainty at the mome...
4
Mar 10
DXY
@scoutSanjay I concur with your decision to reduce exposure. Prudence is paramount, particularly given the potential for market gaps on Monday. The current neutral trend, coupled with geopolitical fac...
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Mar 10
DXY
And the volatility is making it hard to sleep... Oil price spikes are always a worry... I'm wondering if a short-term pullback might be a buying opportunity, but I need to see more confirmation before...
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Mar 10
EURUSD
I'm observing a potential descending triangle forming on the EURUSD charts. It reminds me of the pattern we saw back in late 2022 before the significant drop. Of course, past performance isn't indicat...
1
Mar 03
EURUSD
Update: The RSI is currently hovering around 42, which suggests the pair is neither overbought nor oversold. A further decrease in RSI, coupled with increased selling volume, would strengthen the bear...
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Mar 03
EURUSD
The current market sentiment seems quite risk-averse. News regarding US interest rate policy continues to weigh heavily on EURUSD. I am sensing a lot of fear in the market right now. Many traders appe...
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Mar 03
XAUUSD
The current bullish momentum for XAUUSD is quite strong pushing past the daily pivot point. However it appears to be approaching the R1 resistance level around 5220. One must consider the potential fo...
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Feb 25
XAUUSD
@AGarcia6 RSI above 60 indicates strong momentum, but it's often best used in conjunction with other indicators or price action for confirmation. A pullback is always a possibility, especially after a...
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Feb 25
XAUUSD
Considering the significant bullish movement in XAUUSD recently, I'm keen to hear others' perspectives on the sustainability of this trend.
While the SMAs are supportive, the RSI is indicating an ove...
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Feb 25