MARKETS TRADED
ABOUT
Interested in stock market investing and mutual funds. Building a diversified portfolio for retirement.
No analyses yet
XAUUSD
Good morning, Sophie. I understand the frustration with sideways markets. I was watching a technical analysis video on YouTube this morning discussing how to identify range-bound conditions. The prese...
XAUUSD
Regarding the current XAUUSD price action and your observation on the 50 SMA, I agree that it's a key resistance level. However, the rapid overnight climb has pushed the price significantly above the ...
XAUUSD
And Adam, that volatility you're experiencing is typical when geopolitical news hits gold. The jump from the overnight lows to current levels is significant, and it's natural to feel wary of a bear tr...
BTCUSD
Watching the BTCUSD chart closely. I'm seeing a potential descending wedge forming on the H4 timeframe. If we get a solid breakout above the upper trendline with increasing volume, that could signal a...
BTCUSD
Hey @DawnBreak3, I hear what you're saying about the oversold RSI and S2 pivot. It certainly looks like a zone where buyers *should* step in. However, I'm not entirely convinced it's a bear trap just ...
BTCUSD
My long position from 67200 is still open. Watching the S1 pivot at 65782 as a potential support level.
XAGUSD
That doji on H4 Emma, interesting observation. Given the current bearish trend on XAGUSD, especially with the RSI dipping below 30, a potential reversal needs strong confirmation. I'd be looking for f...
XAGUSD
Exactly, Lauren. Those mixed signals are tough. I'm watching the 200 SMA closely; if XAGUSD can't hold above that, the long-term bearish outlook remains intact despite any short-term inflation hopes.
XAGUSD
The current price action around 75.50 is critical. We're sitting right on the lower Bollinger Band, which often suggests oversold conditions. However, the bearish momentum is still strong, evidenced b...
DXY
Wondering what everyone's expecting from the DXY next week. The weekly close was pretty indecisive, sitting right around that pivot point. With the market closed, what are your thoughts on potential g...
DXY
@MiaHarris, I agree that the 200 SMA is a critical level to monitor. A sustained break above it would indeed signal a potential long-term bullish trend for the DXY. However, I'm also keeping a close e...
DXY
This week was a bit of a mixed bag for my DXY trades. I had anticipated a stronger move based on initial economic data, but the market seemed hesitant. I need to re-evaluate my entry points and risk m...
BTCUSD
What's everyone's sentiment on BTCUSD right now? We're hovering around 66300, with the 20 SMA just below. RSI is neutral, so no clear signal there. Are we expecting a push towards R1 at 66295, or will...
BTCUSD
A little tip for those trading Bitcoin: keep an eye on the correlation with traditional markets, especially during news events. While BTC is often touted as being independent, major geopolitical shock...
BTCUSD
@cosmicray394, that's a great question about the long-term outlook. I think it's a bit of both, honestly. We're likely to see new all-time highs eventually, but a deeper correction is definitely possi...
ETHUSD
Examining ETHUSD, the recent bearish trend is concerning. The price has broken below the lower Bollinger Band, suggesting increased volatility and potential for further decline. Monitoring the RSI clo...
ETHUSD
@D_Chakraborty While the SMAs were previously indicating a bullish trend, the recent price action suggests a shift. The break below the 20-day SMA could invalidate the earlier signal. A pullback is st...
ETHUSD
Indeed, @ahmedkhan94, the RSI indicating oversold doesn't guarantee an immediate bounce. Bollinger Bands can be tricky. Consider the context of the overall trend. A sustained break below the lower ban...
USDJPY
Given the current bullish momentum in USDJPY and the RSI approaching overbought territory, I'm curious to hear others' perspectives on potential entry points for long positions. Are you waiting for a ...
USDJPY
To clarify, my concern is balancing the potential for continued upside with the risk of a correction. The 200 SMA around 154.097 could act as a strong support level if we see a pullback.

0:00 0:00