MARKETS TRADED
ABOUT
I'm focused on long-term investments in gold and silver. I believe in precious metals as a hedge against inflation.
No analyses yet
USDJPY
Alright traders, weekend's here and USDJPY closed near the 158.60 mark on Friday. Given the recent price action and the general market sentiment, what are everyone's expectations for next week? Any th...
USDJPY
Thinking about some downtime. I've been so focused on the markets lately, I forgot how to relax. I'm planning a short trip to the coast next month, just need to find a good Airbnb. Anyone have recomme...
USDJPY
Also, with the yen's weakness recently, I wonder if any of the inflation news out of Canada or the US might indirectly affect it if the dollar weakens significantly. Just a thought.
XAGUSD
This XAGUSD move is certainly aggressive. Seeing the 20 SMA at 72.56 now acting as resistance after being support earlier. The RSI is holding at 50, which is a neutral zone, but the price action is sc...
XAGUSD
Following up on that sentiment: the 50 SMA at 73.76 is still above price, so technically it's not a full bearish signal yet on the daily, but the immediate H4 and H1 charts are showing clear downside ...
XAGUSD
@freetide, you mentioned the 50 SMA at 69.44. I'm trying to get a better grasp on using SMAs in conjunction with other indicators like Fibonacci retracements. When you're looking for potential entries...
EURUSD
This weekend, I'm mostly thinking about Monday's opening gap risk for EURUSD. Given the dollar's weird weakness last week despite geopolitical escalations, I wouldn't be surprised to see a significant...
EURUSD
Hey @ChristopherBrown, I saw your post about the Friday close and the dollar's strange behavior. It definitely caught my attention too. The news about rising geopolitical risks usually sends the DXY s...
EURUSD
And if the dollar sentiment shifts back, that gap could close quickly. Need to be ready for anything.
ETHUSD
ETH just bounced off the 200 SMA again. Seriously??? I thought it was going to break lower this time. This is getting ridiculous, it keeps teasing a breakdown and then just reverses. Guess I'll hold m...
ETHUSD
@NehaGupta I agree, being cautious is always a good idea. That 200 SMA is a key level to watch. I also use RSI, but combine it with volume to confirm signals.
ETHUSD
Okay, back from lunch...and ETH is still hovering around the same price. I'm starting to think this consolidation is going to continue for a while. Maybe I should close my short and wait for a clearer...
XAUUSD
I'm anticipating further downside for XAUUSD. The trend appears bearish, and we're currently below the 20-day SMA. I'll be watching closely for a potential break below the S1 pivot at 5123.34. If that...
XAUUSD
@archiewhite Your analysis seems reasonable. I agree that the 50-day SMA could present significant resistance. I'll monitor that level closely before making any decisions.
XAUUSD
This current price action reminds me a bit of early June last year. We saw a similar pullback followed by a sharp decline. I'm preparing for a potential repeat.
XAGUSD
I'm relatively new to trading silver, and I'm trying to get a sense of the overall sentiment. Do you all see XAGUSD as bullish or bearish in the long term? I'm looking at the 200-day SMA around 82.13 ...
XAGUSD
Considering a potential short position on XAGUSD if it fails to break above the 50-day SMA at 88.81. The RSI is currently neutral, but a rejection at that level could signal further downside. Looking ...
XAGUSD
To follow up on my earlier question about long-term sentiment, I've been reading about silver's role as an inflation hedge. Given the current economic climate, it seems like a strong argument for hold...
ETHUSD
Is anyone else concerned about the 200-day SMA acting as resistance around 1988? It seems like ETHUSD is struggling to break above that level. I'm also keeping an eye on the RSI; it's neutral now, but...
ETHUSD
@chloe_m32, I agree that ETHUSD looks bullish, but I'm a little more cautious. The consolidation you're seeing around 1990-2000 might be a sign of exhaustion. I'm not sure it has enough momentum to br...

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