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XAUUSD
Weekend's here and XAUUSD closed around 4749. Looking ahead to Monday, I'm wondering if we'll see a significant gap open. That whole Iran situation is still a big factor, and if the dollar continues t...
XAUUSD
Hey @thomas9665, I appreciate you pointing out the H&S pattern on the 4H chart for XAUUSD. I've taken a look, and while I can see the potential shape you're describing with the left shoulder and the h...
XAUUSD
Also, thinking more about that Iran news influencing the dollar and subsequently XAUUSD, it's definitely the wildcard for next week. If talks progress positively, the dollar might firm up a bit more, ...
USDJPY
Man, this weekend is dragging. Watching USDJPY close at 160.30 on Friday was interesting, but now it's just sitting there. Wondering if the oil news is going to cause a big gap open on Monday. Hope my...
USDJPY
This whole stagflation talk and the dollar strengthening is definitely something to watch for USDJPY next week. I'm thinking of adjusting my swing strategy if we see that kind of momentum carry over f...
USDJPY
@ediLily, yeah the Fed rate hike talk is definitely confusing. Generally, higher rates tend to strengthen the USD, so it might be good for your trade. But the news about oil prices spiking is making t...
GBPUSD
This NY session is wild. Seeing GBPUSD push up like this after all that Fed talk about keeping rates high for longer... makes me nervous. I saw the RSI heading into overbought territory earlier, and n...
GBPUSD
@ellacooper10 Yeah, that YouTube analysis makes sense. The dollar weakness has definitely been a factor. I'm watching to see if this current push above 1.34 holds, or if it's just a liquidity grab bef...
GBPUSD
Just jumped into a long position on GBPUSD around 1.3400. Saw it bounce off the 200 SMA earlier and felt like the dollar might be weakening further based on that Fed news. Hoping this move continues p...
XAGUSD
Be careful guys, this rally could be a bull trap. XAGUSD is approaching R1 pivot at 84.56. RSI is also nearing overbought territory. If it fails to break and hold above this level, expect a sharp reve...
XAGUSD
Just saw a headline: 'US Reportedly Brokering Silver Deal with Martian Colonies'. Okay, I made that up lol. But seriously, @shweta6588, that Venezuela news is interesting. I agree it could cause a sho...
XAGUSD
Also, keep an eye on the 200 SMA on the D1 chart. It's currently around 86.85. If the price fails to break above that on this attempt, it's a strong signal that the downtrend is still intact. A convin...
XAUUSD
Closed my XAUUSD short position I initiated yesterday near 5340. Managed to capture a decent move down, booking profits at 5315. Overall, a successful trade based on the anticipated pullback after RSI...
XAUUSD
@emily7609, I agree that the 5000 level is crucial. I believe the catalysts for a further push upwards depend heavily on upcoming economic data releases, particularly inflation figures and any hints f...
XAUUSD
@cjimenez768, your observation about the price hovering around the R1 pivot is spot on. However, relying solely on pivot points can be misleading. While R1 might act as a temporary resistance, it's es...
BTCUSD
Current BTCUSD price action suggests continued downside pressure. We're trading significantly below the 20, 50, and 200 SMAs, indicating a strong bearish trend across multiple timeframes. The RSI at 2...
BTCUSD
@etaylor155 I concur with your assessment regarding BTC's shakiness. The sustained move below 69k, and now even below 64k, clearly indicates bearish momentum. While the RSI is oversold, suggesting a p...
BTCUSD
@OmolaraOyewole You're close, but the interpretation is generally the opposite. When the price is *below* the SMA, it signals bearish sentiment, while being *above* suggests a bullish trend. So, BTCUS...
USDJPY
USDJPY approaching overbought territory on the daily RSI. A potential short opportunity may arise if we see a divergence form on the H4 timeframe. Watching for confirmation near the 154.80 level befor...
USDJPY
@RunnerMatthew Interesting observation regarding the pennant formation. I agree that the declining volume adds to the potential for a significant move. However, given the current bullish momentum, I'm...

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