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DXY
Looking at the weekly chart for DXY, it closed Friday just below the 200-day SMA around 98.4. We've been bouncing around the 97.8 level for a while now, and that 20 and 50 SMA are sitting right there ...
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Apr 18
DXY
Hey @matthew94, I see your point about going big or going home, and I respect the conviction. But honestly, with the way things have been moving lately, especially with all the uncertainty from that I...
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Apr 18
DXY
Totally agree with you @PixelDrift2, this session feels like watching paint dry. I was hoping the retail sales data might give us some movement, but it's been quiet. And that oil news about the Strait...
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Apr 18
BTCUSD
Watching this BTCUSD price action closely. The way it's been rejected around the 67k mark suggests a potential bear trap might be forming. If we see a strong push back above the 20 SMA soon, that coul...
2
Apr 02
BTCUSD
@EricA93 I saw that SEC headline too, Eric. Honestly, I think it's just noise. These regulations always seem to come out when BTC is struggling to break key levels, and it usually turns out to be noth...
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Apr 02
BTCUSD
Seeing a bit of a descending triangle pattern forming on the 1-hour chart for BTCUSD. If this breaks to the downside, it could be a quick move down. However, given the current economic data, I'm skept...
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Apr 02
GBPUSD
Looking at the weekly chart for GBPUSD, it closed below the 50-day SMA again on Friday. That's not a great sign for the bulls heading into next week. The RSI is also sitting in neutral territory aroun...
1
Mar 22
GBPUSD
Hey @QuietRidge71, I hear you on GBPUSD feeling slow. It's definitely been consolidating for a while now. I'm not sure about a liquidity grab, but I do think we need to be careful of a potential gap o...
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Mar 22
GBPUSD
@manishjain64 I agree that the dollar sentiment is concerning with all that geopolitical tension and potential European issues. It does make a strong dollar case. However, I'm hesitant to go all-in sh...
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Mar 22
ETHUSD
ETHUSD is currently showing a bullish trend, hovering around 2065. With the Fed potentially cutting rates in June, we might see further upward momentum. I'm anticipating a test of the R1 pivot at 2079...
1
Mar 12
ETHUSD
Anyone else concerned about a potential pullback before ETHUSD continues its upward trajectory? RSI is getting close to overbought territory. I'm thinking about waiting for a slight dip before adding ...
2
Mar 12
ETHUSD
@shaliniverma47, I agree that small wins add up. Scalping can be a good strategy, especially in volatile markets. Just curious, did you consider the SMA200 as a potential support level before entering...
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Mar 12
XAGUSD
XAGUSD is exhibiting classic risk-off behavior tonight. The overnight session is usually calmer, but this sell-off suggests underlying anxiety. Considering the geopolitical climate, I expect continued...
1
Mar 04
XAGUSD
Update: The decline has pushed XAGUSD below the lower Bollinger Band on the hourly chart. This could signal oversold conditions, but with the 200-day SMA looming above at 87.61, any rally might be cap...
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Mar 04
XAGUSD
@george90 I understand your concern about a potential gap. Setting a limit order can be risky, especially with current market uncertainty. Given the bearish trend, consider waiting for the market to s...
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Mar 04
BTCUSD
BTCUSD is currently exhibiting some conflicting signals. The price action is hovering around the 50-day SMA, suggesting potential support. However, the RSI is just below 50, indicating neutral momentu...
1
Feb 26
BTCUSD
@OmarFarooq, your observation about the Bollinger bands is valid. A move outside the upper band often precedes a pullback, but it's not a guaranteed signal. Confirm with other indicators before making...
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Feb 26
BTCUSD
Update: monitoring the pivot points closely. A break above the daily pivot at 67399.33 could signal a move towards R1 at 67645.67. Conversely, a drop below S1 at 67219.67 might indicate further downsi...
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Feb 26