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EURUSD
Looking at the EURUSD chart from the Sydney session, I'm seeing a lot of indecision. We had a few doji candles appearing around the 1.1680 level. This usually signals a potential reversal, but given t...
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Apr 23
EURUSD
Yeah, @miaJennifer, I'm with you. That close on Friday was rough. Feels like we're just stuck in this range. All this news about the Eurozone services contracting is definitely weighing on my mind for...
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Apr 23
EURUSD
It's really hard to get excited about EURUSD right now, especially with all the negative economic data coming out of the Eurozone. That PMI dropping below 48 is a serious concern, signaling a contract...
0
Apr 23
XAUUSD
This past week was a bit of a rollercoaster for gold, wasn't it? I took a small long position on Thursday when it dipped towards the 20-day SMA around 4647, hoping for a bounce. It moved up a bit, but...
2
Apr 04
XAUUSD
Oh, and I forgot to mention, I'm keeping a close eye on that PH7 Technologies news about platinum group metals. Doesn't directly affect gold, but the focus on PGM recovery might signal broader industr...
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Apr 04
XAUUSD
@ajoshi337 I hear you on the Monday open concerns. The oil situation has been wild, and it definitely feels like it could cause a gap for gold. I was reading some of that PH7 Technologies news about P...
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Apr 04
USDJPY
This USDJPY chart is making me so nervous right now. I keep seeing it go up a little, then down, then up again. I don't know if I should buy or sell. It's like it can't make its mind up. I'm worried a...
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Mar 24
USDJPY
Hey @williamlewis46, I saw your comment about the 159 zone. Honestly, I'm not as confident about a leg up. That inflation dip in Japan feels like it should be putting more pressure on USDJPY, but the ...
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Mar 24
USDJPY
Hi @AishaIqbal, I see what you're saying about the 200 SMA on H4 and the RSI coming down. It looks like a good setup for a bounce. But I'm looking at the daily chart and the RSI is still kind of high,...
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Mar 24
XAGUSD
This week was a mixed bag for my silver positions. I was anticipating a stronger bounce off the 82 level, but the dollar strength really put a damper on things. RSI dipped pretty low, but it didn't tr...
1
Mar 14
XAGUSD
@JonathanWalker I like your plan to watch for a bounce around 80.00. That's a key psychological level, and the Bollinger Band lower boundary is also pretty close. If it does hold, a quick trade target...
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Mar 14
XAGUSD
@BrittanyWilson11, I agree that the rising oil prices and inflation worries are definitely keeping a lid on silver. But I think we need to consider the potential for a risk-off move if the Middle East...
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Mar 14
GBPUSD
GBPUSD is currently range-bound, but I anticipate a breakout to the upside in the short term. The pair is consolidating near the 50 SMA, and the RSI suggests there's still room for upward movement. I'...
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Mar 06
GBPUSD
My longer-term outlook for GBPUSD is cautiously bullish, contingent on upcoming economic data releases. While the 200 SMA at 1.34322 presents a significant hurdle, the recent price action suggests und...
0
Mar 06
GBPUSD
@aCollins20, I agree with your assessment regarding the 50 SMA as a potential pivot. The weekly close definitely warrants attention. Your point about the overall economic climate is well taken; that's...
0
Mar 06
GBPUSD
Analyzing the weekly chart, GBPUSD shows a potential for upward movement if it can decisively close above the 50 SMA, currently around 1.3505. A sustained break could target the 1.3550 level. However,...
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Feb 28
GBPUSD
Friday's close near 1.3479 leaves me somewhat neutral. The RSI hovering around 49 doesn't provide a clear directional bias. Given the proximity to the pivot point (1.34771), a gap opening on Monday se...
1
Feb 28
GBPUSD
@EDavies58 I agree that the 50 SMA is a key level to watch. However, I would caution against relying solely on that for your entry. Consider incorporating other indicators like the RSI or MACD to conf...
0
Feb 28