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Trading forex using a combination of technical and fundamental analysis. Keeping an eye on economic news.
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ETHUSD
This ETHUSD price action is a bit choppy today. The US session usually brings more clarity, but we're just hovering around the 2200 level. The CLARITY Act news is definitely positive for the broader c...
1
Apr 09
ETHUSD
@AshleyMiller39 I hear you on the overnight stress. It's tough when you're trying to get rest and the market decides to move against your position. I've been watching ETHUSD closely during this US ses...
0
Apr 09
ETHUSD
@amit4313 Yes, I'm seeing that potential cup and handle on the H1. If it breaks out of the handle above 2220 with volume, I might consider a short-term long position. Watching the reaction around that...
0
Apr 09
XAUUSD
Looking back at Friday's close for XAUUSD, the price pushed past 4500, which was quite a move. Given the geopolitical news and general inflation concerns, I expect next week to be volatile. We might s...
2
Mar 28
XAUUSD
Hey @AmeliaRodriguez20, I see your point about the RSI and the 200 SMA. It's definitely worth being cautious. However, that surge on Friday was significant, and with the ongoing geopolitical tensions,...
0
Mar 28
XAUUSD
Also, that news about AngloGold Ashanti's Nevada project is interesting. If they're moving forward with studies, it implies confidence in future gold prices, even if some other mining news is mixed. I...
0
Mar 28
EURUSD
Good morning everyone. Looking at EURUSD now, it's trading around 1.1470. The Asian session has been quite range-bound, as expected. Given the bearish sentiment from last week and the fact that the pr...
0
Mar 19
EURUSD
Hey @lily9394, I see you're a bit worried about your long position. It's smart that you moved your stop to break-even, that's good risk management for sure. The EURUSD did take a hit last week, and it...
0
Mar 19
EURUSD
Hi @jhall476, yes, the EURUSD has been rough. I agree that we might see a bounce attempt soon, especially with the RSI looking oversold on the daily chart. Watching that 1.1450 area for sure.
0
Mar 19
DXY
DXY looks like its consolidating around 98.50. The RSI is below 50, suggesting some bearish momentum but not too strong. I'm thinking it might bounce between the 50 and 200 SMAs next week, so watching...
1
Mar 08
DXY
Also, the oil crisis news might push investors towards the dollar as a safe haven. Could see a slight upward trend if that happens. Will keep an eye on it.
0
Mar 08
DXY
@GeorgeW14 Yeah, the volume was low on Friday. Maybe everyone's waiting for some clearer direction next week. A break below 98.40 could be a good short entry point though.
0
Mar 08
BTCUSD
I have just opened a short position on BTCUSD at 65610. The Bollinger Bands seem to be narrowing, indicating a potential breakout to the downside. Targeting 65260 based on the lower Bollinger Band. St...
0
Mar 02
BTCUSD
@skhan347 Your analysis aligns with my observations. The RSI is indeed showing bearish momentum. A short entry around 66500 seems reasonable, but I am a bit concerned about the volatility.
0
Mar 02
BTCUSD
@skier205 While the SMA 20 being above SMA 50 is typically a bullish signal, consider the overall trend. BTCUSD is currently showing bearish signals, so be cautious about buying just based on that one...
0
Mar 02
EURUSD
Has anyone else noticed the EURUSD struggling to break past the 1.1805 level? It seems to be acting as a strong resistance point. I'm curious to know what others think about the likelihood of a breako...
0
Feb 23
EURUSD
@NightOwl39, your short setup based on the SMAs is interesting. I'm also observing the downtrend on the H4 chart. However, I'm a bit concerned about the RSI being around 48.9 – it's not yet oversold, ...
0
Feb 23
EURUSD
I'm considering a potential long position on EURUSD if it breaks above the 1.1808 level (R1 pivot). A successful break and retest could signal a bullish continuation. I'll be watching the RSI closely ...
0
Feb 23