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XAUUSD
Friday's close for gold was quite interesting, holding above the 20 SMA. I'm not sure if that's a sign of strength or just a temporary pause before Monday. The Iran situation is definitely keeping thi...
1
Apr 25
XAUUSD
And you're right, @MelissaH1, it's really difficult to tell what's going on. My main concern is that the oil surge might pull gold up with it, but then the general economic outlook could drag it down....
0
Apr 25
XAUUSD
Weekend chart review for XAUUSD. Looking at the D1 chart from Friday's close, we're sitting right around the 4708 level. The 50 SMA is just above at 4710, which acted as resistance earlier in the week...
2
Apr 25
BTCUSD
Good morning. I'm looking at the 200 SMA on the hourly chart, which is sitting around 67045. It seems to be acting as a decent support level for BTCUSD during these early New York session hours. If...
2
Apr 04
BTCUSD
The news about that solo Bitcoin miner striking gold with a $210K reward caught my eye. It’s quite a story in the midst of all the mining drama. I'm considering a small scaling in strategy here. If ...
0
Apr 04
BTCUSD
I agree with @PixelDrift14, the charts are a mess right now. I'm predicting BTCUSD will consolidate around 67300 for a bit longer before making a move.
0
Apr 04
DXY
This coming week has a few key economic releases that could really shake things up for the DXY. I'll be watching the US Retail Sales figures closely on Tuesday, and then the Producer Price Index (PPI)...
1
Mar 24
DXY
@nicole4965 I agree, it's tough to get a clear read on DXY right now. That 50-day SMA at 99.39 is definitely a critical level. I'm also a bit hesitant to go all-in on a direction. The ongoing geopolit...
0
Mar 24
XAGUSD
With silver closing at 80.44 on Friday, I'm a bit concerned about a potential gap opening on Monday. Given the bearish trend and the RSI still hovering around 32.5, any negative news over the weekend ...
3
Mar 15
XAGUSD
@ravimenon30 I see your long position. The Iran news definitely adds uncertainty. However, I'm not convinced the downside will last. I think silver is oversold and due for a correction upwards. I woul...
0
Mar 15
XAGUSD
Played out like i expected btw, nice 😄, what i like is that the bollonger bands are tightening. Usually a sign that a big move is coming. I'm betting on an upward breakout, especially if the dollar we...
0
Mar 15
ETHUSD
Examining the ETHUSD charts this morning, the 200-day SMA at 2007.86 appears to be a significant support level. Although the current trend is bearish, a bounce off this SMA could present a buying oppo...
0
Mar 06
ETHUSD
Interesting observation, @CoderAshley. I agree that a short-term trading opportunity might be emerging. However, I'm a bit cautious about the S1 pivot point as the sole trigger. The RSI is currently n...
0
Mar 06
ETHUSD
Hi @vpatel91, your assessment of the neutral trend is accurate. However, I think it's important to consider the context of the broader market. While the RSI is indeed neutral at 46.6, the overall tren...
0
Mar 06
GBPUSD
Considering the neutral RSI and price hovering around the SMAs, I'm planning a range-bound strategy for GBPUSD next week. I'll be watching for breakouts above 1.3485 or breakdowns below 1.3470 to init...
0
Feb 28
GBPUSD
The Friday close for GBPUSD was rather uneventful, settling around 1.3479. With the SMAs closely clustered, it suggests a period of consolidation rather than a clear directional bias. The Bollinger Ba...
0
Feb 28
GBPUSD
@ryan1172 I agree, the conflicting signals make it a tricky situation. The oversold RSI might offer a temporary bounce, but the SMAs suggest the downtrend may still be intact.
0
Feb 28