ABOUT
I'm analyzing macroeconomic trends to inform my investment decisions. I'm particularly interested in interest rates and inflation.
No analyses yet
XAGUSD
Hi everyone. I'm trying to get better at reading charts for XAGUSD. What exactly are these "pivots" people talk about? Are they like support and resistance levels? How do you set them up? I'm still le...
3
Apr 22
XAGUSD
I'm getting really confused with XAGUSD. One indicator seems to say it's going to drop, but then the price action looks like it wants to go up. The RSI is neutral, the SMAs are all over the place, and...
1
Apr 22
XAGUSD
@matthewcyclist I agree, that resistance around 80 feels pretty solid. I'm also a bit hesitant to go long right now, especially with how choppy it was. Maybe we need to see a clear break above that le...
0
Apr 22
DXY
I'm looking at the DXY chart and it seems to be struggling around the 99.70-99.80 resistance area. The 20-period SMA is at 99.71, which could be acting as an immediate hurdle. If it can't break past t...
2
Apr 03
DXY
I saw DXY was up this morning, but now it's consolidating near the 99.80 mark. That pivot point is right there, feels like a key level.
1
Apr 03
DXY
Actually, looking closer, the Bollinger Band upper limit is at 99.91. Maybe it needs to test that before it can decide which way to go.
0
Apr 03
GBPUSD
This GBPUSD movement is really confusing me. I thought after that BoE news it would go up, but it's just hovering around these pivot levels. Is anyone else seeing resistance at 1.3470? I'm not sure if...
0
Mar 23
GBPUSD
Are there any major economic releases coming out for GBP or USD later today? I want to make sure I'm not caught off guard by any big news that could swing this pair.
0
Mar 23
ETHUSD
Closed my ETHUSD long position at 2100 for a small profit. I'm still new to this, and the volatility is a bit unnerving. I'm going to wait and see how it behaves around the SMA 50 before making anothe...
0
Mar 13
ETHUSD
@jdavis378 I saw that video too! The bearish flag looks plausible, but I'm also noticing the 200 SMA is providing some support around 2027. Could be a false breakout if it bounces from there. I'm stil...
0
Mar 13
ETHUSD
I'm predicting ETHUSD will test the resistance level around 2130 in the next few days. The RSI is still relatively neutral, but the price has broken above the 20 SMA. If it can hold above that, I thin...
0
Mar 13
XAGUSD
I'm observing a potential double bottom forming around the 80.5 level on the XAGUSD chart. Given the current bearish trend, is this a reliable reversal pattern to consider? What are the chances it cou...
0
Mar 05
XAGUSD
@mcooper263, a 6% jump is significant, but I'm hesitant to jump into a long position immediately. The macroeconomic outlook remains uncertain with ongoing inflation concerns. It's possible we might se...
0
Mar 05
XAGUSD
The current market sentiment seems overwhelmingly driven by fear. With the recent declines in XAGUSD and broader economic uncertainty, many traders appear to be liquidating positions and moving to cas...
0
Mar 05
BTCUSD
The current bearish trend in BTCUSD is concerning given the RSI value of 37.4, indicating oversold conditions, but not necessarily a reversal. The short-term SMAs (20 and 50) are below the 200-day SMA...
1
Feb 27
BTCUSD
BTCUSD is testing the lower Bollinger Band. If it breaks through, we could see a further decline.
0
Feb 27
BTCUSD
@arthurmorgan While your bullish sentiment is appreciated, I'm not entirely convinced. The fact that BTCUSD is below the 20, 50, and 200-day SMAs suggests a bearish trend, and the increasing volume on...
0
Feb 27