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EURUSD
Watching EURUSD and then glancing at GBPUSD, they've been moving pretty much in lockstep lately. It's almost like trading one is a decent proxy for the other, given the overall USD strength narrative....
1
Apr 06
EURUSD
Hey @AidenJackson86, completely understand the hesitation with the dollar's current strength, especially with that jobs data on the horizon. It’s wise to wait for clarity. The DXY has been on a tear, ...
0
Apr 06
EURUSD
Yeah, the correlation across majors is definitely something to keep an eye on. Sometimes a breakout on one pair is just a lead-in for others.
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Apr 06
EURUSD
Just opened a short on EURUSD at 1.1532. Looking for a retest of the S2 pivot at 1.15205. Stop loss will be just above the 200 SMA at 1.1545. Seems like the dollar strength narrative is still in play ...
2
Mar 26
EURUSD
Hey @adekunle92, I hear you mate. It's brutal out there when you're caught in those choppy sessions. The price action around 1.1558 does look like it could have been inducement for retail stops. I'm w...
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Mar 26
EURUSD
Actually, on second thought about that short, I've adjusted the stop slightly higher to 1.1548. If we see a strong bullish reaction off the S2 pivot, I don't want to get stopped out prematurely by a ...
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Mar 26
EURUSD
Watching EURUSD closely here as it approaches that R1 at 1.1534. Given the RSI is sitting at 66.6, it's got some bullish momentum, but that's also getting into overbought territory on some shorter tim...
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Mar 17
EURUSD
Hey @kumarmurthy49, I totally get what you mean about the spreads, especially on EURUSD during the Asian session. It can really eat into scalp profits. Sometimes during low volatility periods, the mar...
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Mar 17
EURUSD
Yeah @JGarcia78, that was a sharp move down on EURUSD. Saw that big red candle too. It's interesting because was hinting at a potential rally ahead of central bank decisions, but then we get this sudd...
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Mar 17
XAUUSD
Alright, weekend chart deep dive on XAUUSD. Looking at the weekly close, we're still holding above that 5150 support level, which is encouraging. RSI's showing bullish momentum, but we're approaching ...
1
Mar 07
XAUUSD
Update: I'm also keeping an eye on the Bollinger Bands. Price action is testing the upper band, indicating potential for a breakout. However, volume has been relatively low on this last push, so I'm a...
0
Mar 07
XAUUSD
Hey @HarryW72, I agree, the weekly close was pretty solid. Let's hope the bullish momentum continues into next week. I'm also cautiously optimistic, but remember to manage your risk. Don't get too cau...
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Mar 07
GBPUSD
GBPUSD's Friday close was pretty neutral, hovering just below the 20 SMA. I'm anticipating some volatility at the start of next week, especially with the news out of the Middle East. I'll be watching ...
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Mar 01
GBPUSD
@olivialevesque I agree, that 1.3500 level is key. If we see a confirmed break above, I'd look for a retest of the level as support before going long. Otherwise, could be a fakeout.
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Mar 01
GBPUSD
Anyone got any good recommendations for a weekend watch? Been meaning to catch up on some films. Thinking of something lighthearted, maybe a comedy to take my mind off the markets for a bit!
1
Mar 01
EURUSD
EURUSD closed pretty neutral this week, hovering around that 1.1780 area. I'm expecting a fairly quiet start to next week, maybe some ranging between the 20 and 50 SMAs before any major moves. Key lev...
1
Feb 21
EURUSD
@lily3153, I agree patience is key! The RSI being below 40 doesn't automatically mean it's oversold, especially with EURUSD. It can stay there for a while. The 50 SMA is definitely a level to watch, b...
0
Feb 21
EURUSD
Anyone else worried about a potential gap opening on Monday? With the weekend news flow, there's always a risk. If something major breaks regarding the EU economy or maybe some surprise Fed announceme...
1
Feb 21