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EURUSD
Well, Friday's close for EURUSD was pretty uneventful, just another neutral day. I'm not sure what to make of it. The RSI is still hovering in that oversold territory, but that doesn't always mean any...
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Apr 19
EURUSD
@jmiller304 I hear you, Joseph. This sideways action is incredibly frustrating. It's like the market is just teasing us, going nowhere. And the worst part is that any movement we do see on Monday coul...
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Apr 19
EURUSD
@IkennaNwachukwu It's always a gamble with volume, isn't it? You see it picking up near resistance and think 'here we go,' but then it just fizzles out. I suspect a lot of that 'volume' is just algori...
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Apr 19
USDJPY
This USDJPY is really grinding higher today. I've been watching the charts and it seems like it's just pushing up, breaking through the 159.50 level. Am I the only one seeing this parabolic move after...
2
Apr 02
USDJPY
@amanda2467 I don't know about that scalp. This thing is just marching higher, looks like they're clearly pushing USDJPY up past R1. Your short might be getting squeezed.
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Apr 02
USDJPY
Actually, I was wrong about the S1 pivot holding, but that's no surprise with this market. They always seem to manufacture these moves right when you think you have a handle on things. The geopolitica...
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Apr 02
XAUUSD
This whole week has been a disaster for gold. Down nearly 150 points? It’s ridiculous. Makes you wonder if it’s actual market forces or just some algorithm designed to bleed us dry. I swear, the sprea...
3
Mar 22
XAUUSD
Another week done and dusted. Didn’t trade much, thankfully. Saw that big drop on Friday though, brutal. This whole mining sector getting hammered too, heard it on some financial news. Feels like a co...
1
Mar 22
XAUUSD
@voltedge517 Double bottom at 4850? That seems overly optimistic given how hard gold has been hammered this week. I saw some articles saying the whole commodity sector is in a bear market now, with go...
0
Mar 22
DXY
The DXY's current move reminds me a bit of early April. We saw a similar run-up then, fueled by inflation data, but it eventually retraced. RSI is definitely showing overbought conditions at 75.6, so ...
3
Mar 12
DXY
@DivyaM65 I agree that the Middle East tensions are a significant factor next week. However, it's worth considering that a lot of safe-haven demand might already be priced in. I'll be watching the dol...
0
Mar 12
DXY
Is anyone else concerned that the DXY is rising too fast, too soon? I'm curious to hear what others think about the sustainability of this rally given the overbought RSI. Are we expecting a pullback t...
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Mar 12
XAGUSD
Does anyone else remember the volatility we saw in XAGUSD back in early 2023? I'm seeing a few similar patterns in the current price action, specifically how it hovered around the 200-day SMA before m...
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Mar 05
XAGUSD
@KatherineY31, I agree that the Bollinger Bands are worth watching. The upper band test is definitely a key level. However, I'm also a bit concerned about the RSI nearing overbought territory, as you ...
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Mar 05
XAGUSD
I've noticed that XAGUSD seems to be respecting the pivot point level around 84.08 as a potential support. It bounced off it earlier during the Asian session. If it breaks below that level, I'd antici...
0
Mar 05
XAGUSD
Good morning, all.
Looking at the XAGUSD chart, it appears to be trading within a relatively narrow range, as suggested by the Bollinger Bands. The RSI is currently at 60.3, which is approaching over...
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Feb 27
XAGUSD
Anyone else watching the Women's World Cup? I'm really impressed with some of the teams this year. The US team definitely has a target on their back. I think the competition is going to be fierce. Wha...
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Feb 27
XAGUSD
@blrSuresh That's a very valid point about the interest rate hikes. I'm also trying to understand how the Fed's decisions will impact silver. It seems like there are conflicting factors at play with i...
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Feb 27