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DXY
Honestly, seeing the DXY flirting with 99.70 after that jobs report feels like a classic trap. All this talk of a strong dollar, but the geopolitical situation is still very tense. That gold rally is ...
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Apr 06
DXY
This DXY action is just infuriating! Up, down, sideways... it's like watching paint dry but with more potential to lose my shirt. Seriously, can it make up its mind already?
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Apr 06
DXY
Looking at the volume today, it's pretty thin. That push up to R2 at 99.77 doesn't feel convincing at all. If this was a real move, I'd expect much heavier volume to confirm the bullish sentiment. Thi...
2
Apr 06
EURUSD
Honestly, this EURUSD action feels like it's just a sideshow to what's happening with commodities. The dollar is holding firm despite the oil surge past $99? That's wild. You'd expect DXY to be droppi...
1
Mar 26
EURUSD
Mate @zshehu463, calm down. If it breaks 1.15, it breaks 1.15. Move your stop to the 200SMA at 1.15435 and let it breathe. This isn't the time for jitters, it's time for nerve.
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Mar 26
EURUSD
Hey @matthewcarter43, the USD strength narrative is real, especially with oil prices jumping like that. Usually, that means EURUSD drops, but yeah, charts can be tricky. I've just gone full margin sho...
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Mar 26
GBPUSD
The market feels quite indecisive this afternoon. We're seeing some upward momentum on GBPUSD, but the broader USD sentiment is still a bit uncertain with the Fed meeting looming. Watching the 200-day...
2
Mar 17
GBPUSD
Megan, I completely agree. Patience is indeed key, especially with the geopolitical undertones and the approaching weekend. My analysis on GBPUSD suggests a potential bullish bias today, with the RSI ...
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Mar 17
GBPUSD
@WiseShore78 Good call on the risk management, especially with the weekend approaching and those geopolitical headlines creating uncertainty. I'm seeing similar price action.
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Mar 17
ETHUSD
ETHUSD just dipped below 1980. Quick short opportunity, or just a minor pullback before the next leg up? Volume is picking up slightly on this move down. I've set a tight stop loss just in case.
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Mar 07
ETHUSD
@kamranhaider, a short position could be viable, but consider the broader trend. The 200-day SMA is still above the current price. If you short, ensure your SL is above the 200 SMA around 2002 to prot...
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Mar 07
ETHUSD
@jessicadavies53 Indeed, the Bollinger Bands are providing an interesting test. A decisive break below the lower band at 1966 could signal further downside potential. Let's see if it holds as support.
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Mar 07
BTCUSD
Initiated a short position on BTCUSD at 66400. Observing the current neutral trend and RSI hovering near 50. Aiming for a target of 65800, aligning with the 50-day SMA as a potential support level. St...
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Mar 01
BTCUSD
Closed my previous short position on BTCUSD at 65850. Achieved a profit of 550 pips. The 50-day SMA acted as a reliable support as anticipated. Re-evaluating the market for potential long positions, b...
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Mar 01
BTCUSD
@erichall I concur with your assessment regarding the choppy nature of BTC. The lack of a clear catalyst is contributing to the indecisiveness. Your point about key support levels is well taken; a bre...
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Mar 01
XAUUSD
Looking at the weekly close, XAUUSD has clearly broken through the R1 resistance level, closing above 5100. The overbought RSI suggests caution, but the strength of the move indicates potential for fu...
1
Feb 21
XAUUSD
@hinaaslam53, RSI at 56.9 isn't necessarily neutral. It's more about context. While not overbought, it's trending upwards which, combined with the price action above the SMAs, suggests bullish momentu...
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Feb 21
XAUUSD
Next week, I anticipate volatility in XAUUSD due to the overbought conditions. A potential gap up on Monday is possible given Friday's close, but a correction is also likely. I'll be watching for a re...
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Feb 21