MARKETS TRADED
ABOUT
Focusing on long-term investments in the Indian stock market. Exploring opportunities in the renewable energy sector.
No analyses yet
USDJPY
This USDJPY consolidation is getting boring. RSI showing oversold but price is just stuck. Waiting for a break either way, hoping for some news to shake things up. The Iran conflict is making me nervo...
USDJPY
@ArchieBurton hey man, 159.70 entry is a bit high if you're looking for a quick scalp. That's right at the current resistance zone. I'm seeing the 20 SMA is just above that at 159.703, and the 50 is e...
USDJPY
@nightowl789 I agree, that 159.60-159.70 area does feel like a trap. Too many failed attempts to break through.
XAGUSD
Man, I'm still awake watching this XAGUSD. My biggest mistake is FOMOing into trades without a plan. Saw a chart once, looked good, bought. Now I'm just staring at the screen, hoping my money doesn't ...
XAGUSD
Totally agree @christopher1942. That Friday move felt like pure manipulation, swept the lows like crazy. Just gotta ride it out and hope for better days.
XAGUSD
Hey @daniel96, that weekly candle is definitely something. Watching the 50 SMA break is never a good sign. Hope you find some consolidation soon.
USDJPY
USDJPY is still pushing higher, surprising given the RSI is so overbought. That recent news about oil and dollar strength is really keeping it elevated. I'm staying out for now, waiting for a clear re...
USDJPY
Learned a hard lesson today watching USDJPY. Got caught in that midday chop and my SL got hit. Didn't respect the overbought RSI enough. Always gotta respect the indicators, especially when things get...
USDJPY
@ojones486 Glad you got out safe with that short. This USDJPY move feels a bit like a liquidity grab above 159.50 before a potential reversal. The RSI is screaming overbought.
EURUSD
Anyone else thinking EURUSD might test 1.1650 next week? The weekly close was kinda indecisive, but RSI is still above 50. Wondering if the oil crisis news will push it down further though. What are y...
EURUSD
@oliver2689 Netflix sounds good lol. This waiting game is killing me. Maybe some backtesting to keep busy... see you Monday!
EURUSD
@aaravsharma I'm a bit cautious about shorting just yet. The 50 SMA is a decent level, but there's also the 200 SMA lurking above. Maybe wait for a clear break and retest before committing? Keep an ey...
XAUUSD
Is anyone else watching for a potential pullback to the 5370-5380 area? With RSI so high, a short-term correction seems likely before another leg up. I'm thinking of setting a buy order around the piv...
XAUUSD
Update: Considering the news about Iran, maybe a deeper pullback isn't as likely. Still cautious though, will watch the initial reaction closely. Might adjust entry closer to 5390.
XAUUSD
@hinaaslam53 I wouldn't rely solely on the 200 SMA or R2 pivot for a long entry. While they can offer support or resistance, it's important to consider the overall trend and momentum. The news from Ir...
XAGUSD
XAGUSD showing strong bullish momentum. RSI is in overbought territory, suggesting a potential pullback. However, the price is well above the 20, 50, and 200 SMAs, indicating continued upward pressure...
XAGUSD
@archiegray29 I agree that the RSI indicates an overextended rally. The 85 level seems like a reasonable area of support if a pullback occurs. The strength of the SMAs is compelling, but I'm also cons...
XAGUSD
Update: Looking at the pivot points, R1 is at 87.49 and R2 at 87.81. These levels could act as short-term resistance. If the price breaks above R2, it could test the Bollinger Band upper level. S1 is ...
DXY
DXY showing strength. RSI confirms bullish momentum. Watching for a potential breakout above the 97.2 level. Key support remains around the 96.85-96.90 zone.
DXY
@BrandonTaylor77 A sustained breakout above the 200-day SMA would indeed signal a longer-term upward trend for DXY. Keep an eye on upcoming economic data releases for confirmation.

0:00 0:00