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EURUSD
Hey @timothy2002, I see your point about the sideways action. This session volume is super thin, though. Doesn't really confirm much. We're just drifting around the 1.17 handle. Honestly, it feels lik...
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Apr 22
EURUSD
Angela, your entry at 1.1796 targeting R1 is a bit aggressive for this current environment, in my opinion. Look at the H4 chart, the RSI is sitting at 32, pointing down, and we've got price below the ...
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Apr 22
EURUSD
Seriously getting tired of these Sydney session spreads. It's like they widen them just to punish us for trying to trade during the 'quiet' hours. Tried to get a small scalp in earlier, and the slippa...
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Apr 22
EURUSD
This weekend is dragging a bit. Really just watching the charts and waiting for Monday open to see how this EURUSD plays out. The Friday close was a bit weak, so I'm curious about any potential gap.
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Apr 03
EURUSD
Hopefully, there isn't too much volatility right out of the gate. I'm leaning towards a slightly bearish continuation if we break that 1.1500 level, especially if the dollar remains strong.
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Apr 03
EURUSD
@cosmicray394 I'm also keeping an eye on that 1.1430 support. My plan for Monday is to look for any signs of a bounce there, but I'm not committing until I see some decent volume and a clear bullish c...
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Apr 03
EURUSD
Hey Brandon, I was watching that YouTube channel, ForexSignalsDaily, earlier and they were talking about EURUSD consolidating around the 1.16 level. They mentioned that while it looks like chop, the l...
1
Mar 23
EURUSD
Lucas, it's definitely a tough spot. I've been comparing this EURUSD action to what we saw on GBPUSD last week. Both pairs showed similar sideways movement after a decent rally, and it turned out to b...
1
Mar 23
EURUSD
Yeah, and that ForexSignalsDaily guy also pointed out that the RSI is sitting at 59.5. Not overbought, not oversold, just chilling. It reinforces the idea that we're in a neutral phase and any breakou...
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Mar 23
GBPUSD
GBPUSD is oversold on the RSI, but with the dollar so strong, I'm wondering if it can bounce back next week. I'm watching for a potential gap up on Monday morning, but I'm not going long until I see s...
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Mar 13
GBPUSD
This week was a bit of a wash for me on GBPUSD. I tried to catch the falling knife a couple of times, thinking it was oversold, but got stopped out each time. I need to be more patient and wait for a ...
1
Mar 13
GBPUSD
Weekly close wasn't as bad as I thought it would be, considering all the dollar strength. GBPUSD is still holding above that S2 pivot at 1.32271. I think it's a good sign. I'm setting some alerts just...
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Mar 13
EURUSD
Took a small loss on EURUSD earlier. I bought at 1.1615 hoping for a bounce off the 50 SMA, but it broke down pretty quickly. Set my stop loss at 1.1605, so it wasn't too bad. I guess I need to be mor...
1
Mar 05
EURUSD
@EricCyclist Thanks for sharing your analysis! I'm still learning, so it's helpful to see how more experienced traders are looking at the charts. I'll keep an eye on that 1.1770 level.
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Mar 05
EURUSD
Update: I'm noticing that the RSI is right around 50 right now, which seems indecisive. Also, the price is kinda stuck between the 20 and 50 SMAs. Maybe I should wait for a break of one of those movin...
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Mar 05
ETHUSD
ETHUSD is down quite a bit today. The RSI is below 40, which I understand is bearish. Does anyone have thoughts on whether it will bounce back soon, or is this a sign of a longer downtrend? I'm trying...
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Feb 28
ETHUSD
@shweta5669 You mentioned monitoring the SMAs. I am also watching those. The price is below the 200-day SMA, but above the 20 and 50. I'm not sure how to interpret this. Any insight on what to look fo...
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Feb 28
ETHUSD
I agree @ava4834, that 200 SMA around 2000 seems like a key level. If it breaks through that, it could be a good sign. Otherwise, it might keep falling.
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Feb 28