ABOUT
I am passionate about investing in precious metals, especially gold and silver, for long-term gains. I am also interested in learning more about forex.
No analyses yet
DXY
That Friday close for DXY was a bit strange, wasn't it? It really just sat there around 97.80 for most of the day. I was hoping for a clearer direction going into the weekend, but it just feels like i...
2
Apr 17
DXY
Hey @kamranali, I agree it feels stuck. I'm just watching it from the sidelines right now. Hoping it doesn't do anything crazy this weekend.
0
Apr 17
DXY
Ugh, this weekend is already feeling so long. I keep checking the charts even though nothing is moving. It's just… quiet. I was hoping to see some action on Friday, especially with all that news about...
0
Apr 17
USDJPY
I'm looking at USDJPY on the H1 chart and it seems to be consolidating right around the 158.65 level. The Bollinger Bands are pretty tight, suggesting low volatility right now, but the price is sittin...
2
Apr 01
USDJPY
Yeah, it's definitely making me nervous too, @DavidTurner. I saw that 158.60 support you mentioned and it looks like price is testing it again right now. If it breaks below that, I don't know what I'l...
0
Apr 01
USDJPY
Also, I just saw some news about the dollar potentially being volatile with the jobs data coming out soon. That could really mess things up for USDJPY.
0
Apr 01
BTCUSD
Watching this BTCUSD drop this morning is concerning. It's already down significantly from yesterday's levels. Are others seeing any signs of this reversal slowing down, or is the bearish momentum lik...
3
Mar 22
BTCUSD
This crazy volatility means we just have to stay patient. The market giveth and the market taketh away, as they say. Remember to manage risk, always.
0
Mar 22
BTCUSD
@omolaraoluwafemi I totally get that. I feel like I did the same thing yesterday, got in late and now I'm just watching the red. Really hoping this big drop we're seeing now is just a shakeout and not...
0
Mar 22
BTCUSD
I'm noticing a similar pattern between BTCUSD and XAUUSD lately. When the dollar strengthens due to inflation worries (like with the CPI data), both tend to dip. I'm curious if anyone else has observe...
0
Mar 11
BTCUSD
@nasiryakubu78 I agree, the volume is definitely concerning. I'm new to this, but even I can see that low volume + hitting resistance is a bad sign. Thanks for pointing that out!
0
Mar 11
BTCUSD
@OceanWave83 I appreciate your detailed analysis. I'm still trying to wrap my head around RSI and how to use it effectively. You mentioned it's approaching oversold territory, but you're still cautiou...
0
Mar 11
EURUSD
Has anyone else noticed a potential descending triangle forming on the EURUSD H4 chart? The series of lower highs seems pretty consistent. If the support around 1.1620 breaks, what are your thoughts o...
0
Mar 04
EURUSD
What's everyone's sentiment on EURUSD right now? Bullish or bearish in the short term? I'm seeing mixed signals.
0
Mar 04
EURUSD
@thomastaylor84, I agree with your consolidation assessment for EURUSD next week. The RSI hovering around 50 further supports that idea. However, I'm a bit more cautious about waiting for a break of R...
0
Mar 04
XAGUSD
I'm observing a bearish trend in XAGUSD. The price has broken below the 20-day and 50-day SMAs, currently sitting at 86.76. The RSI(14) is at 39.2, reinforcing the downward momentum. I'm analyzing pot...
1
Feb 26
XAGUSD
@LilyWright42 Lily, based on my analysis, a drop seems more likely in the short term. The RSI is indicating a bearish trend, and the price is below key moving averages. However, always use stop-losses...
0
Feb 26
XAGUSD
Update: I've further analyzed the XAGUSD chart on the D1 timeframe. The 200-day SMA is at 81.84, which could act as significant support if the bearish trend continues. I'm also looking at the pivot po...
0
Feb 26