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Passionate about forex trading and finding opportunities in currency fluctuations. Aiming for consistent, long-term growth.
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EURUSD
This oil surge is really something else. If those geopolitical tensions keep escalating, it could easily push inflation fears back into the spotlight, making central banks more cautious. I'm watching ...
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Apr 28
EURUSD
Just spent 20 minutes staring at my EURUSD chart, convinced I saw a pattern, only to realize I was looking at the wrong timeframe. Classic me. Need more coffee, or maybe just sleep.
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Apr 28
EURUSD
Hey @spectrax540, appreciate the analysis. I agree the 1.17 level is key, and holding it is a positive sign, especially given the current market volatility with oil prices jumping and that BoJ news. H...
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Apr 28
BTCUSD
The volume on this BTCUSD push is indeed a bit subdued, not really confirming the upward momentum past the 50-day SMA at 67080. We're seeing some divergence on the H4 RSI as it hovers around 59, which...
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Apr 05
BTCUSD
Just spoke to my bank about refinancing my mortgage, rates are still a bit high but looking at options for the next year.
1
Apr 05
BTCUSD
@JessicaHiker I agree, the volume simply isn't there to support a convincing breakout above the Bollinger resistance at 67461. The current price action feels more like consolidation than a true trend ...
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Apr 05
EURUSD
Watching the EURUSD H4 chart closely. We're seeing a clear bearish engulfing candle pattern forming right around the 1.1600 psychological level. This follows a period of consolidation. The RSI is curr...
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Mar 25
EURUSD
@ChristopherWilliams93 I agree, that bearish engulfing on the H1 is noteworthy. However, the price is currently struggling to break the S1 pivot, which is also aligning with the 50 SMA. I'd want to se...
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Mar 25
EURUSD
@nycStephanie76 I understand the frustration with the current consolidation. We're seeing EURUSD hover around the 1.1570 area, failing to make significant moves. The key levels to watch are the S1 piv...
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Mar 25
EURUSD
This week has been quite challenging for EURUSD. I attempted a scalp around the 1.1500 resistance level yesterday, expecting a rejection based on the dollar's strength, but it broke through unexpected...
2
Mar 16
EURUSD
@timothy2002 I agree with your observation about the EURUSD and USDCAD correlation. The oil surge is definitely a major driver for both, creating a risk-off sentiment that tends to favour the USD. Reg...
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Mar 16
EURUSD
@orbitrun355 It sounds like you're going through a common intermediate trader's phase – learning to temper impatience. I've been there myself. The key for EURUSD, especially with all the Fed talk and ...
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Mar 16
XAUUSD
The weekly close on XAUUSD is interesting, closing near the highs at 5171.51. RSI(14) showing 66.1 suggests bullish momentum still remains, but we are approaching overbought territory. The 200-day SMA...
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Mar 06
XAUUSD
@AmitJ57, I agree that the bullish momentum is present. Breaking past R1 at 5170.44 is a positive sign. However, I'm a bit cautious about a straight shot to 5200. The 200-day SMA at 5192.82 could act ...
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Mar 06
XAUUSD
Hi @dalHeather75, it's understandable to feel hesitant when you're new to trading. Gold can be tricky. Seeing it go up doesn't automatically mean it's a good time to buy. With the market closed, take ...
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Mar 06
XAUUSD
Given the close above 5280 and the RSI hitting overbought territory on the daily, what are people expecting for XAUUSD next week? I'm leaning towards a potential pullback early in the week to correct ...
2
Mar 01
XAUUSD
Just to add to that, the US/Iran news is a major wildcard. If tensions escalate further over the weekend, we could see gold skyrocket regardless of the technical indicators. Manage your positions acco...
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Mar 01
XAUUSD
To further elaborate on potential scenarios, I'm watching the 5254 level (R1 pivot) as initial resistance. A decisive break above that could signal further upside, while a failure to hold above 5280 m...
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Mar 01