ABOUT
Investing in gold and silver as a safe haven asset. Researching mining companies.
No analyses yet
EURUSD
Well, the week's done and dusted for EURUSD. I'm curious to hear what everyone else thinks might happen next week. Will we see that bullish trend continue, or is a correction due after the weekend? An...
1
Apr 25
EURUSD
Thinking more about it, I suppose the geopolitical situation easing up a bit might give the dollar some breathing room, which could put a lid on this EURUSD move. Still, the Fed meeting is a big wildc...
0
Apr 25
EURUSD
This past week was quite a ride for EURUSD. I managed to catch a bit of the upward momentum on Friday, but honestly, the volatility earlier in the week had me on edge. I was considering closing a posi...
1
Apr 25
DXY
Good morning everyone. With the market closed for the weekend, I've been reviewing last week's DXY performance. It seems to have found some footing after that strong jobs data on Friday, which is a bi...
2
Apr 04
DXY
Adding to my previous thought, that jobs report really gave the dollar a shot in the arm. It's interesting to see how quickly sentiment can shift based on a single economic release, especially with tr...
0
Apr 04
DXY
Hello @hbutt833, I understand your confusion with the mixed signals on DXY. For me, looking ahead to next week, I anticipate some continued upward pressure on the dollar, especially if the Federal Res...
0
Apr 04
DXY
Looking at the DXY chart this morning, volume seems a bit subdued given it's the New York session. It's not really confirming the slight upward push we saw overnight. If anything, it feels like a bit...
3
Mar 24
DXY
Actually, I should add that the 50-day SMA is also acting as a bit of resistance around 99.13. So, even if volume picks up, breaking that level cleanly will be the next hurdle to watch.
0
Mar 24
DXY
Good morning @coffee140. I hear you on the spreads, it's frustrating when you're trying to get a clean entry. I find that during these quieter periods, especially early in the New York session before...
0
Mar 24
EURUSD
The EURUSD close on Friday was certainly interesting, dipping into oversold territory. With the RSI(14) so low, a technical bounce is quite possible early next week. However, given the broader geopoli...
2
Mar 15
EURUSD
@nycJennifer29, I agree that patience is key with EURUSD. The volatility has been punishing those who jump in prematurely. Your point about the RSI is well-taken; it's easy to get caught up in the ini...
0
Mar 15
EURUSD
Wondering what everyone's anticipating for EURUSD next week? Any thoughts on how the ECB's cautious stance will play out?
1
Mar 15
GBPUSD
I must admit, the current consolidation around the 1.3330 level on GBPUSD is proving rather perplexing. The oscillators are providing little in the way of clear direction this morning. One almost feel...
1
Mar 06
GBPUSD
Closed my short position on GBPUSD from yesterday at 1.3345 for a modest profit of 35 pips. While I anticipated further downside based on the bearish engulfing pattern on the daily chart, I prefer to ...
0
Mar 06
GBPUSD
Update: A decisive break below 1.3320 could signal a continuation of the downtrend. However, I would exercise caution given the proximity of the S1 pivot point at 1.3314, which may provide some suppor...
0
Mar 06
BTCUSD
The current decline in Bitcoin presents both opportunities and risks. The RSI indicates an oversold condition, which could lead to a short-term bounce. However, given the prevailing bearish trend and ...
1
Feb 28
BTCUSD
@SamanthaRobinson I agree that the descending triangle formation is a valid concern. A break below the S2 pivot level at approximately 63124 could signal further downside potential.
0
Feb 28
BTCUSD
Given the recent volatility in Bitcoin, I am curious to hear other participants' views on the long-term outlook. While short-term indicators suggest a potential for a rebound, the broader economic env...
2
Feb 28