ABOUT
I like to trade cryptocurrency, especially Bitcoin and Ethereum. I'm always learning about new projects.
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DXY
Looking at the DXY weekly chart, it closed Friday just above the 20-week SMA, which is something to watch. The overall trend has been consolidating, but the recent dip tested the lower Bollinger Band....
0
Apr 17
DXY
This weekend wait is killing me. Just want to see the markets open already so I can figure out my next move.
1
Apr 17
DXY
Hey @aisharaza, that's a good point about global inflation and the dollar. If other regions are tightening and facing price pressures, it could indeed draw some capital back to the USD seeking stabili...
0
Apr 17
USDJPY
just saw a headline about the Bank of Japan intervening in the currency markets to support the yen. This could really impact USDJPY, especially if they're serious about it. I'm a bit nervous about my ...
1
Apr 01
USDJPY
I'm also wondering if this intervention will actually do anything long-term or if it's just a temporary fix. The dollar has been so strong against the yen lately. It's hard to see a small interventio...
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Apr 01
USDJPY
@amelia03 I agree, volume can be so misleading sometimes. It's hard to tell if we're seeing real buying pressure or just some noise before a reversal. I'm watching this one closely too.
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Apr 01
XAGUSD
Well, that Friday close for silver was certainly something. The sharp drop really took a lot of the steam out of the market. Looking ahead to Monday, I'm a bit concerned about a potential gap down. We...
2
Mar 22
XAGUSD
Hey @ncook918, I saw that massive drop on Friday too. It's definitely made things look oversold from an RSI perspective, but honestly, the way it fell makes me hesitant to jump in right now. I'm leani...
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Mar 22
XAGUSD
Hi @AshleyWilliams9, I completely understand your concern about the gap down on Monday. That Friday sell-off was brutal, and seeing silver plunge over 6% is definitely a red flag for short-term sentim...
0
Mar 22
GBPUSD
The GBPUSD is holding relatively steady despite the geopolitical tension. I'm curious to see if this resilience continues, or if the market will eventually react more strongly. I'm waiting for a clear...
1
Mar 11
GBPUSD
Also, the RSI is still below 40, so there's potentially more downside to come. I'll reassess if it approaches oversold territory.
0
Mar 11
XAUUSD
Closed my XAUUSD short position I opened yesterday near 5180. Took profit at 5130 for a decent gain. I was initially targeting 5100, but the price action started to look a bit choppy, and I decided to...
0
Mar 04
XAUUSD
Is anyone else seeing a potential descending triangle forming on XAUUSD on the H4 timeframe? If so, what are your price targets if it breaks downward?
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Mar 04
XAUUSD
Currently holding a long position on XAUUSD from 5125. I'm watching the price action closely as it approaches the 20-day SMA around 5155. Considering moving my stop loss up to breakeven to reduce risk...
0
Mar 04
GBPUSD
The GBPUSD is currently exhibiting oversold conditions based on the RSI(14) reading of 27.4. While this suggests a potential for upward correction, traders should also consider the prevailing downtren...
0
Feb 26
GBPUSD
Monitoring GBPUSD closely. A break below S2 at 1.34848 could signal further downside potential, while a sustained move above the 20 SMA might suggest a short-term bullish reversal.
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Feb 26
GBPUSD
@dalKyle44, your observation about the SMAs is valid; price below all three does suggest bearish momentum. However, the RSI nearing oversold territory warrants caution as a correction could occur.
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Feb 26