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EURUSD
The RSI is sitting pretty low around 33, which usually suggests some bearish momentum is building. Given the current price action is hovering right around the S1 pivot, I wouldn't be surprised to see ...
EURUSD
Just loaded up a short position on EURUSD at 1.1745. Targeting the 1.1710 level. Let's see if this thing can break lower during the quiet session.
EURUSD
@L_Perez I agree with your assessment on the potential downside if US retail sales are weak. That news about the Strait of Hormuz reopening has definitely taken some of the wind out of the oil market'...
EURUSD
Whoa, what was that spike up to 1.15465? Thought we were trending down but that R1 level got absolutely blasted. This oil news is making the USD swing like crazy and EURUSD is just riding the wave. ...
EURUSD
Honestly, I'm seeing some conflicting signals here on EURUSD and it's making me hesitant. The DXY is showing strength, especially with that geopolitical tension and oil prices spiking, which should no...
EURUSD
@nsheikh471, I hear you on the volume. It's definitely a lot, but with all this USD volatility from the oil situation and other geopolitical stuff, I'm not surprised. Could be retail FOMO, could be sm...
BTCUSD
Just moved my stop to breakeven on that little scalp I took earlier. Honestly, this Sydney session is so dead, feels like I'm just watching paint dry. If it breaks 68k, I might just close it out and w...
BTCUSD
@WilliamMacdonald, yeah man, always watch the economic calendar. Those inflation numbers can really flip sentiment on BTCUSD. I usually just stay out of the market an hour before and after major relea...
BTCUSD
@bajayi69, scaling in around 70300? Bold move with the way BTCUSD has been dumping. I'm seeing that RSI is sitting at 32.7, pretty oversold territory on the H1 chart, but that doesn't mean much in thi...
XAGUSD
I've been watching this XAGUSD downtrend develop today. Entered a small short position earlier, and I'm now moving my stop loss closer to breakeven. Given the current volatility and the news regarding...
XAGUSD
Also watching RSI. Still below 50 on the hourly, confirming the bearish momentum. But need to see how it reacts near the oversold territory.
XAGUSD
One thing that concerns me is the possibility of a sharp reversal. Silver can be quite volatile, and these geopolitical situations often lead to unexpected price swings. I'll be monitoring the price a...
XAUUSD
Is anyone else observing a potential descending triangle forming on the H4 chart for XAUUSD? The series of lower highs is concerning, although the support around 5150 seems relatively strong for now. ...
XAUUSD
@spectrax540 Indeed, Samuel. A balanced approach is key. It's crucial to avoid over-leveraging and to manage risk carefully, especially with the increased volatility we've seen this week. Hope you hav...
XAUUSD
Update: The price is currently testing the 5155 level. A decisive break below this could signal further downside potential, possibly towards the S1 pivot around 5138. However, the RSI is approaching o...
ETHUSD
ETHUSD appears to be consolidating around the 2020 level. A decisive break above the 2030 resistance could open the door to further upside. However, failure to break higher might signal a retest of th...
ETHUSD
@cbrown280, while the 20-day SMA can act as a support or resistance level, relying solely on one indicator is generally not advisable. Consider incorporating other indicators such as RSI or MACD to co...
ETHUSD
What are your thoughts on the impact of upcoming regulatory news on ETHUSD price action? Do you anticipate increased volatility in the short term, or do you believe the market has already priced in th...
DXY
The DXY's current consolidation phase warrants caution. While the 20 and 50 SMAs offer nearby support, a break below could accelerate declines. Conversely, resistance at the upper Bollinger Band shoul...
DXY
@nroberts613 I agree that monitoring the 20-day SMA is prudent. However, consider the broader context of the 50 and 200 SMAs as well. A confluence of these levels could present a more robust support o...

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