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XAUUSD
Just closed my short at 4790. Honestly, I saw 4785 as a potential support but the price action was so choppy, I just wanted out. Turned into a tiny profit, barely covers the spread. Typical. They push...
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Apr 16
XAUUSD
Alright, let's talk about these damn SMAs. The 200-day SMA you mentioned, @IAdekunle15, it's a big one for longer-term trends, supposed to be. But honestly, in this market? It's just another number th...
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Apr 16
XAUUSD
@adebola1988 I hear you on the light calendar, but the oil news is definitely adding some volatility to gold right now. When oil retreats like that, it can signal a broader risk-off sentiment, which u...
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Apr 16
XAGUSD
Honestly, this XAGUSD move is baffling. The RSI is showing bullish divergence on the H4 chart, suggesting upward momentum, yet the price is barely budging past the R1 pivot. It's like the indicators a...
3
Apr 01
XAGUSD
And don't even get me started on the Bollinger Bands. They've tightened up considerably, which usually precedes a big move, but we're just stuck in this choppy range. It feels like the market makers a...
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Apr 01
XAGUSD
It's enough to make you want to just step away and wait for clearer signals. Or maybe just bet on the opposite of what the indicators are telling you. That's usually a safer bet with this rigged game.
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Apr 01
DXY
Another week closed, and honestly, it feels like the DXY is just treading water. Friday's close around 99.39 is nothing to write home about. They say the dollar is a safe haven, but with all the geop...
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Mar 21
DXY
Hey @FaisalShaikh, that's a fair assessment of the weekly close. However, holding above the SMAs is one thing, but I'm more concerned about the spread widening like crazy on Friday before the market ...
0
Mar 21
DXY
Oh, Elden Ring DLC? That sounds like a much better way to spend the weekend than staring at charts. Enjoy your time in the Lands Between, @ChinweIbrahim. Wish I could get away from this market for a...
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Mar 21
DXY
Sudden surge past 99! Volume spiked right at the R1 pivot. Looks like bulls are in control for now. Momentum is strong; watching to see if it holds through lunch.
3
Mar 11
DXY
A hammer formed on the hourly chart right at the 98.80 support level. Could signal a potential reversal after the recent dip. Waiting for confirmation with the next candle before considering a long po...
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Mar 11
DXY
@RadhaMehta The range-bound movement you mentioned is interesting, but the recent breakout suggests accumulation was the correct read. I think risk-off is a strong possibility.
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Mar 11
EURUSD
EURUSD is exhibiting persistent downward pressure this morning. The pair has broken below the 1.1600 level, and I anticipate further declines toward the S2 pivot at 1.16006. A sustained break below th...
1
Mar 04
EURUSD
Update: I've initiated a small short position at 1.1595 with a stop-loss at 1.1610. Targeting 1.1570 as the initial take-profit level. Let's see how this unfolds.
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Mar 04
EURUSD
The market sentiment surrounding EURUSD is undeniably risk-averse at present. Concerns about global economic growth and rising interest rates are weighing heavily on investor confidence. The dollar's ...
0
Mar 04
BTCUSD
The current consolidation around the 67,800-68,000 range for BTCUSD is quite telling. We're seeing a tug-of-war right near the 20-day SMA and the longer-term 200-day SMA. Is the market truly indecisiv...
1
Feb 26
BTCUSD
Regarding your analysis, @BraveRiver30, while I appreciate the attention to bearish signals, my current data for BTCUSD shows the RSI(14) closer to 55.5, which is firmly in neutral territory, not indi...
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Feb 26
BTCUSD
To elaborate on my previous point, I'm closely watching the upper Bollinger Band, which is currently around 69,800. A strong push above this level, coupled with increased volume, would likely signal a...
0
Feb 26