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I enjoy analyzing market trends and trading forex pairs. Learning the ropes of technical analysis and risk management.
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BTCUSD
Watching BTCUSD hover around the 200-day SMA at 72203. This level is critical. If we see a strong rejection from the current price action near 74k and break below this SMA, it could signal a shift. Ho...
BTCUSD
Man, I YOLO'd everything on BTCUSD this morning, 100x leverage long at 73500. Knew that Pakistan news was going to spark something, even if it's not directly BTC. This thing was supposed to fly to 80k...
BTCUSD
@HSuleiman2 Smart move taking profits, especially with that geopolitical uncertainty still hanging around. I was eyeing a long around 73500 myself earlier, but saw that UK FCA consultation news and fi...
DXY
Middle East peace hopes? That's gonna kill the dollar's safe haven bid like nothing else. Saw the USD/CHF reaction, DXY's gotta feel that too. This rally might just evaporate.
DXY
@zenithx395 You're looking at it correctly, the 200 SMA is a key level, but this geopolitical news flow is wild. Those peace hopes emerging now? That's a direct hit to the dollar's safe-haven status. ...
DXY
This DXY move feels a lot like that oil price spike back in 21. When crude went nuts, the dollar got bid up hard. Now it's the reverse, dollar selling off as oil might cool down. Correlation is everyt...
XAGUSD
Man, this weekend is dragging. Staring at these XAGUSD charts from Friday is just torture. Down nearly 7% on the week, RSI flirting with 30. Feels like I should be doing something but markets are clos...
XAGUSD
So, Friday's close at 67.90 was a bloodbath, down 6.67% on the day. That S2 pivot at 66.59 is looking like the next real support if this keeps up. I've got a scaled-in long from around 71.50, and hone...
XAGUSD
Seriously, this whole week was a mess for silver. Down over 15% by Friday close. Feels like a good time to go all-in on Monday if it tests that 66.59 support.
DXY
Watching the DXY closely, can't sleep. I'm seeing a potential ascending triangle forming on the H4 chart. If it breaks above 98.70 with strong volume, could signal a continuation of the uptrend. Howev...
DXY
Also, worth noting that the 50 SMA is acting as dynamic support right now around 98.65. If that level fails to hold, the triangle pattern might be invalidated. The geopolitical risks are definitely ad...
DXY
@kavitayadav50 Kavita, I agree that the mixed economic data is making it difficult. The dollar's safe-haven appeal is definitely being tested with the pullback in oil prices. Keep an eye on those geop...
BTCUSD
The current BTCUSD consolidation around the 68700 level reminds me of the Q4 2021 pattern. We saw a similar period of sideways movement before a breakout. Monitoring volume closely for confirmation, a...
BTCUSD
@brittany9013, your observation about the 200-day SMA is valid. However, the RSI at 58 suggests there's still room for upward movement before we enter overbought territory. I'm also watching the Bolli...
BTCUSD
@khadija8664, while the SMAs are providing short-term support, the proximity to the pivot point at 68040.33 suggests a potential area of congestion. The R1 target at 68245.67 might face resistance. I'...
XAUUSD
XAUUSD continues to demonstrate strong bullish momentum, consolidating above the 20 and 50-period SMAs on the H4 timeframe. The current price action around 5206.97 is testing the upper Bollinger Band,...
XAUUSD
@chloewhite45 I agree, XAUUSD has indeed had a very strong close, well above the 5100 psychological level. Regarding the RSI, while it's elevated at 61, it's not yet signaling an immediate reversal, e...
XAUUSD
Adding to my previous point, while XAUUSD is indeed bullish, current price action at 5206.97 is approaching the R1 pivot at 5220.68, which could act as immediate resistance. Scalpers should be cautiou...
DXY
DXY is currently exhibiting characteristics of an overbought market, as indicated by the RSI(14) reading of 73.6. While the price remains above the 20-day SMA (97.4), the proximity to the upper Bollin...
DXY
Potential short setup on DXY if we see a confirmed break below the pivot point (97.59) targeting S1 at 97.51. SL should be placed just above R1 (97.64).

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