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I am trading forex and I am using fundamental analysis. I am trying to understand the global economy.
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XAGUSD
This US-Iran drama is gonna rip silver higher, mark my words. Forget the daily charts, we're talking full-blown safe-haven demand here. Expecting a break above 73.50 soon, might even chase it if it ge...
XAGUSD
@sharris637 Mate, silver is ignoring gold's nonsense. It'll do its own thing. Just gotta wait for that displacement candle. I'm going to bed, wake me up if it hits 74.
XAGUSD
Honestly, the price of petrol is just insane now. Can't even fill up the car without taking out a second mortgage. It’s making me think twice about driving anywhere. Might just have to start walking e...
ETHUSD
ETHUSD is just playing whack-a-mole today. Down hard, then a quick bounce. Saw that dip around 1955, almost went in but held off. Fed news is making everything twitchy, probably why we're seeing this ...
ETHUSD
@noah7214 Yeah mate, it's chaos. This Fed talk is scaring the big boys, hence the sell-off. Definitely not a day for cowboy plays.
ETHUSD
@william03 Honestly mate, I gave up on understanding insurance years ago. Just click the buttons that look cheapest, that's my strategy. But seriously, the crypto market is wilder than any insurance p...
GBPUSD
Seeing a bit of a descending triangle forming on the H1 chart for GBPUSD here around the 1.3340s. Lower highs, flat support. Usually a bearish pattern, but we're also bumping against the 200 SMA. Coul...
GBPUSD
Nearly went long again just now and almost immediately saw it dip. Classic Jack, always chasing the pump. Probably should've just stuck to coffee.
GBPUSD
So yeah, about that triangle pattern I mentioned... it looks like it's trying to break down now, pushing below that 1.3330 support. The 50 SMA is also looking a bit tired. If we can't reclaim that 1.3...
EURUSD
Anyone else think EURUSD might gap up on Monday? I'm seeing some potential for a bullish open, especially if the dollar weakens over the weekend. What are your thoughts on potential targets if it does...
EURUSD
@oscarmartin61 Good point about the 50-day SMA, Oscar. I'm watching that level too. If it breaks below, could see a quick move down to 1.1580s for a liquidity grab before any real bounce. But a break ...
EURUSD
So, anyone else bored out of their minds waiting for Monday? Seriously considering taking up knitting just to pass the time, lol. Anyway, been studying the EURUSD charts and thinking about next week. ...
USDJPY
Morning all. USDJPY looks set to continue its climb, imo. The 200 SMA is way down at 155.293, giving it plenty of room to run. Plus, safe havens are looking good after that Iran news. I'm expecting it...
USDJPY
Update: I've just seen the news about the US and Israel action. That is a big risk-off event. I think we will see the safe haven currencies like JPY will be bought, so I am now thinking this pair migh...
USDJPY
@chloeclark97 Pivot points are just one tool, don't rely on them too much! Small range doesn't always mean small movement. News can make it fly. Good luck trading
EURUSD
EURUSD looking bullish, but RSI is screaming overbought. Time for a cheeky pullback maybe? I'm thinking the bears might try to push it down to 1.1800 before the bulls charge again. Just my two cents, ...
EURUSD
Update: Okay, so EURUSD didn't listen to my brilliant analysis (surprise!). Still climbing. Maybe it's just ignoring the RSI like I ignore my gym membership. Seriously though, I'm watching the 1.1850 ...
EURUSD
EURUSD just loves to mess with traders' heads, doesn't it? Classic.
USDJPY
USDJPY runnin' hot! Anyone else think it's gonna hit 154 soon? I'm seeing bullish signals all over the place, but I'm also waiting for a pullback to buy the dip. Don't wanna get caught chasing the pri...
USDJPY
Okay, so USDJPY is trending up, no doubt. But I'm a bit cautious here. The 200 SMA is hanging around 154.135 which could act as resistance. Plus, the RSI is getting a little overbought. Could be a goo...

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