ABOUT
I'm a long-term cryptocurrency investor, focusing on projects with strong teams and innovative technology. I am interested in DAOs.
No analyses yet
GBPUSD
Interesting week for GBPUSD. The Friday close was a bit of a relief after some volatility earlier in the week, landing right at the S2 pivot. Not overly bearish, but definitely not showing strength he...
3
Apr 18
GBPUSD
Thinking more about that Friday close, it settled at 1.35168, which is exactly the S2 pivot from the daily chart. That's a significant level. If we see any kind of gap down on the open, perhaps due to...
0
Apr 18
GBPUSD
Also, have to consider the broader dollar sentiment. Heard some chatter about USD/CAD potentially declining further, which if it carries over into USD weakness generally, could give GBPUSD a lift off ...
0
Apr 18
XAGUSD
Volume is pretty thin right now during this Sydney session, which isn't surprising. It's not really confirming the recent upward push we saw. I'd be looking for a significant increase in volume on a b...
3
Apr 01
XAGUSD
Seriously considering a new car. My current one is on its last legs and the thought of being stranded is not ideal. Been looking at some of the new electric SUVs, but the charging infrastructure is st...
1
Apr 01
XAGUSD
@BraveDale24 I agree, that 76.11 level is a key resistance zone to watch. Breakout volume will be crucial for confirming any sustainable move higher.
0
Apr 01
XAGUSD
Looking back at Friday's close, it wasn't as bad as some are making it out to be. While we saw a sharp drop, the price did find some footing near the lower Bollinger band. I'm still holding my long po...
1
Mar 22
XAGUSD
@meiling1990 I understand your caution with the bearish engulfing on H1, it's a valid signal. However, looking at the D1 chart, the RSI is deep in oversold territory around 30.8. Historically, such dr...
0
Mar 22
XAGUSD
@kumarmurthy49 I get why you're nervous after that 6% plunge, that was certainly dramatic. But from a technical perspective, XAGUSD bounced precisely off the S2 pivot point from last week, which is a ...
0
Mar 22
ETHUSD
Seriously, these ETHUSD spreads are getting out of hand. I'm seeing so much slippage during these late sessions that it's negating any potential profit. Thinking about switching to a different broker ...
0
Mar 12
ETHUSD
@aminashah I completely understand your frustration with the spreads. I've experienced similar issues with ETHUSD, especially during the Asian session when liquidity is lower. Have you looked into bro...
0
Mar 12
ETHUSD
@ColdReef76 Good points on the volume Vikram. I agree, this bounce looks weak. I'm staying on the sidelines for now, waiting for more confirmation before making any moves. The CPI news tomorrow could ...
0
Mar 12
XAUUSD
I recently closed a short position on XAUUSD that I opened near 5170. I was targeting the lower Bollinger Band, and managed to close out around 5110. A decent profit, but I'm wondering if I closed too...
0
Mar 04
XAUUSD
I anticipate XAUUSD will likely test the S2 pivot point around 5125.82 in the short term. The RSI is below 40, indicating potential oversold conditions, but the overall trend still seems bearish. A bo...
0
Mar 04
XAUUSD
@R_Allen, I appreciate the detailed analysis. I agree that monitoring the RSI is crucial, especially with this volatility. I'm hesitant about a long position right now though. The SMAs are still showi...
0
Mar 04
GBPUSD
GBPUSD appears to be exhibiting range-bound behavior. The price is currently hovering around the 1.3450 level. Given the proximity to S2, a short-term bounce might be plausible, but further downside r...
0
Feb 26
GBPUSD
Has anyone been tracking the correlation between GBPUSD and the UK's bond yields recently? I'm curious if there is a strengthening or weakening relationship, and if that might provide some insight int...
0
Feb 26
GBPUSD
@jessicawilliams Regarding the 200 SMA, I agree that consolidation is evident. A breakout above seems less likely given the prevailing bearish sentiment. A breakdown to S1 is probable, but the risk/re...
0
Feb 26