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ETHUSD
Watching the ETHUSD H4 chart, RSI is pushing 70 and we're hitting that R1 pivot at 2326.78. Given the recent news flow about the Strait of Hormuz and crypto demand, I'm looking to scale in on the long...
ETHUSD
Hey @sharpDale7, I hear you on the volatility. This ETHUSD move is definitely interesting. That headline about Iran potentially demanding Bitcoin for passage through the Strait of Hormuz is a potentia...
ETHUSD
Also, moving my stop loss to break-even at 2314. Risk-free now.
DXY
Interesting close on Friday for DXY, holding above 99.70 after that little dip. The RSI is still strong, sitting at 62. Seems like the bulls managed to defend the pivot point. Wondering if we'll see a...
DXY
Yeah, that 99.70 level definitely felt important on Friday. If we do see a gap up Monday, the R1 pivot at 99.92 is gonna be the first hurdle. If it breaks through there, then 100 is psychologically hu...
DXY
The R2 pivot at 99.99 is also right there, so that whole area 99.70-100 is a big decision zone for next week. Definitely a risk of a gap opening.
GBPUSD
Watching this GBPUSD action from the NY open. Price is hovering around 1.3400 which is quite a psychological level. The RSI is definitely looking overbought on H4, signalling potential for a pullback ...
GBPUSD
Hey @EllaEdwards, I see what you mean about the range. The pivot at 1.3365 seems to be acting as a magnetic point. But with the Dollar looking a bit shaky after that Fed chatter about potentially dela...
GBPUSD
Also, that war news in Europe is definitely adding some weird volatility. Hard to say if it's a direct driver for GBPUSD right now but it keeps that risk-off sentiment simmering which usually benefits...
USDJPY
Anyone else noticing a potential FVG on USDJPY around 158.50? Seems like price is consolidating right below it. If we break through, could see a nice run up to 158.80-159.00. Watching volume closely f...
USDJPY
@NightOwl39, 'Trading in the Zone' is a solid recommendation. Also check out 'Reminiscences of a Stock Operator' for some old-school wisdom. Might help with those weekend blues!
USDJPY
@CRobinson49, yeah that SMA200 is key. But the DXY strength could put some pressure on USDJPY next week, so be careful. Might see a dip before another push higher.
XAGUSD
Ouch, that drop in XAGUSD was brutal! Seeing a big red candle forming on the hourly chart. Volume spiking too. Something's definitely up...or rather, down. 📉
XAGUSD
Update: Okay, digging a bit deeper into that XAGUSD drop. Looks like it broke through the S1 pivot point at 88.78 pretty decisively. RSI still not showing oversold yet on the H4 timeframe, so there mi...
XAGUSD
@eperez732 I agree, Ella. XAGUSD is really testing that 20-day SMA. A bullish breakout would be great, but I'm a little hesitant given the current market conditions. Need more confirmation before jump...
BTCUSD
BTC looking pretty oversold on the RSI. I'm seeing a potential bounce near the S2 pivot around 62900. Could be a decent long opportunity if we see some bullish divergence on the lower timeframes. Keep...
BTCUSD
update: Volume is still low, so confirmation is key before entering. Maybe wait for a break above the 63500 level to confirm the bounce.
BTCUSD
@FaisalShaikh I agree, that 65900 level is crucial. If it breaks, we could see a quick move down to your target. Good call on watching the RSI.
DXY
DXY's RSI is pushing into overbought territory on the daily chart. 73.8... might see a pullback soon. I'm watching the 97.3 level as potential support if it dips. Could be a short-term correction befo...
DXY
Risk appetite seems to be waning a bit today. Dollar strength reflecting that flight to safety maybe? Keep an eye on bond yields, they'll probably give you a clue on where the DXY heads next. Market m...

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