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XAUUSD
Good morning everyone. This overnight move in gold is quite something. The geopolitical news seems to be the main driver, pushing us up significantly. I'm keen to see if this momentum can continue thr...
0
Apr 08
XAUUSD
Good morning @alewis375. That's a solid technical outlook you've laid out. I agree that breaking the 50-day SMA would be a significant bullish signal. However, with the recent geopolitical escalations...
0
Apr 08
XAUUSD
Hey @HarryW72, I understand your frustration with the sideways action. It can be disheartening when you expect a big move and the market just idles, especially with all the headlines floating around a...
0
Apr 08
EURUSD
Interesting close on Friday for EURUSD, just below 1.157. I'm seeing a potential bearish engulfing pattern forming on the H4 chart if we continue this downward momentum. This could signal a continuati...
3
Mar 27
EURUSD
Reading through the comments, I recall a similar setup back in early 2023 when EURUSD struggled to break above 1.16. The subsequent pullback was quite sharp, and it looks like some of the same dollar ...
1
Mar 27
EURUSD
And looking at the RSI on the 1-hour chart, it's hovering around 40, which isn't extremely oversold yet, but it's certainly not showing strong bullish momentum either.
0
Mar 27
GBPUSD
I am observing the GBPUSD pair during the New York session. Given the current trend appears neutral and the RSI is quite low around 31, it makes me cautious about any immediate upward movement. The do...
1
Mar 18
GBPUSD
As a beginner swing trader, I am being very careful with my position sizing on GBPUSD. I am only risking a small percentage of my capital, perhaps 0.5% per trade. This is because the market seems quit...
1
Mar 18
GBPUSD
@LaurenAllen10 I agree, that kind of choppy action can be very misleading. The dollar strength from is definitely something to watch closely, it could easily push GBPUSD lower again.
0
Mar 18
USDJPY
Planning my moves for Monday already. I'm thinking of setting up some alerts just below the 50 SMA and above the Bollinger bands. If USDJPY breaks either level with some volume, might be a good opport...
1
Mar 08
USDJPY
@sSingh47 Yes, I agree. That oil crisis could definitely cause some volatility. A gap opening is a real possibility, so risk management is key. Thanks for the heads up.
0
Mar 08
USDJPY
@CRobinson49 I'm also watching that SMA200 on the D1 chart. It seems to be holding well, but I'm a little nervous about the possibility of it breaking. If it does, I think a short position could be a ...
0
Mar 08
XAUUSD
Good morning, everyone. With the RSI showing overbought on XAUUSD, it might be prudent to watch for bearish divergence on the lower timeframes, like H1 or H4. Could signal a potential pullback. Always...
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Mar 02
XAUUSD
@nathanfortin26 That's a good question about bond yields. I think gold's safe-haven status is definitely being tested right now, especially after the news about Iran. Typically, we'd expect a stronger...
0
Mar 02
XAUUSD
Well, I just got stopped out on my XAUUSD long position. Entered around 5375 earlier this morning, anticipating a continuation of the upward trend. Set my stop-loss relatively tight at 5360, and it tr...
0
Mar 02
EURUSD
I am a beginner and trying to understand moving averages better. With the 200 SMA for EURUSD currently above the price, does this suggest a strong resistance level? I am also curious if the RSI nearin...
3
Feb 23
EURUSD
Update: I see the price has slightly broken past the 200 SMA level. Does this invalidate the resistance I mentioned earlier, or should I wait for further confirmation?
0
Feb 23
EURUSD
Also, how much weight should I give to the Bollinger Bands in this scenario? The upper band seems close to the current price of EURUSD.
0
Feb 23