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DXY
Seeing a potential ascending triangle forming on the DXY 1-hour chart here. The upper resistance line is holding firm around 98.00, while the lower support trendline is showing higher lows. If we brea...
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Apr 16
DXY
Hey @VoltEdge57, I agree that the DXY has lost some of its earlier momentum. I'm watching for a potential ascending triangle pattern on the intraday charts. The price action looks like it's consolidat...
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Apr 16
DXY
Anyone else noticing the Bollinger Bands on the DXY closing in? They're quite tight around the current 97.97 level. It feels like we're building up for a move, but the question is which way. With the ...
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Apr 16
GBPUSD
When I trade GBPUSD, my main rule is never to let a losing trade run too far. I always set a hard stop loss, usually around 30-40 pips. If a trade goes against me quickly, I'm out. It’s better to take...
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Apr 01
GBPUSD
@arjun1267 Yeah, I feel you on the choppy action. This lunchtime hour for GBPUSD has been brutal, barely any clear direction. I saw the 1.3330 level holding resistance earlier. Given the ADP data is d...
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Apr 01
GBPUSD
My little one had a presentation at school today, hope she remembered all her lines. So proud!
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Apr 01
EURUSD
This weekend is killing me, I just want Monday to get here already. I'm really worried about a gap open on EURUSD after Friday's price action. The dollar weakened unexpectedly, which is weird given th...
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Mar 21
EURUSD
What's everyone's outlook for EURUSD next week? I'm curious if we'll see a continuation of this volatility or if things will settle down.
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Mar 21
EURUSD
@skier205, I hear you about rates. It's crazy how much things are shifting. For trading EURUSD, it's a bit unsettling too. On Friday, the dollar didn't act like a safe haven even with all the global t...
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Mar 21
XAUUSD
Interesting to see gold reacting this way given what's happening with crude oil. Usually, there's a stronger correlation, especially with the CAD inflation risks noted by RBC Economics. I'm wondering ...
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Mar 11
XAUUSD
Just tightened my stop loss on my XAUUSD long position to 5165. Still holding, but getting a little nervous with this sideways action. Hoping it breaks upwards soon.
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Mar 11
XAUUSD
And to add to that... the dollar's been a bit all over the place after the CPI data, which makes interpreting gold's moves even trickier. The TD Securities note about rangebound yields feels pretty ac...
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Mar 11
EURUSD
EURUSD struggling to break through resistance at 1.1600. RSI is still neutral, but the price action suggests bearish pressure. Anyone else seeing a potential short opportunity forming here? What's you...
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Mar 04
EURUSD
@SolarFlare20 Regarding the long-term potential, I'm leaning towards a sustained downtrend, at least in the medium term. The 200 SMA at 1.1756 seems like a significant barrier. However, I'd monitor up...
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Mar 04
EURUSD
I agree with @HarryHall that EURUSD is consolidating. Waiting for a clear breakout above or below the SMAs is a prudent approach. Risk management is indeed key in these uncertain times.
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Mar 04
XAUUSD
XAUUSD is currently hovering just above the 20-day SMA at 5188.46. I'm looking for a clear break and hold above the daily pivot at 5194.2 to confirm further upward momentum. A successful retest of 518...
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Feb 26
XAUUSD
@apandey109 I completely agree on the weekend chart-staring! For XAUUSD, I'm anticipating the bullish momentum to continue into next week, especially with the price holding above the 50-day SMA. While...
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Feb 26
XAUUSD
Update on my XAUUSD idea: The RSI at 52.1 indicates there's still ample room for price appreciation before entering overbought territory, which supports the bullish bias for short-term trades. If my i...
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Feb 26