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USDJPY
Can't believe USDJPY is actually dropping THIS hard after all that talk of intervention. Was watching it hover near 160 and now it's already down near 156.50. This feels like a real snapback, maybe th...
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Apr 30
USDJPY
Seriously though, the RSI is showing oversold at 23.6. This drop might be too much, too fast. It's sitting right at that S2 pivot level too. I'm nervous about holding anything long term with this vola...
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Apr 30
USDJPY
@JamesR11, you mentioned a bull flag on H4, but this price action is completely different now. It's broken down hard from 160. Are you still seeing any bullish signs there, or has this drop invalidate...
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Apr 30
BTCUSD
Has anyone here had much experience with Bollinger Bands? I keep seeing them mentioned on charts and I'm wondering if they're a good tool for identifying breakouts or reversals. Trying to get a better...
1
Apr 06
BTCUSD
Hey @graceking53, I'm watching that 67k level too. It's been a real magnet lately, hasn't it? It feels like we're consolidating for something big, but honestly, I'm a bit nervous. The way it keeps bou...
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Apr 06
BTCUSD
This current rally feels a bit like that run we saw back in late 2023. Remember how it just kept grinding higher, testing those resistance levels repeatedly before finally breaking through? I'm lookin...
2
Apr 06
GBPUSD
This GBPUSD pair is just sitting here. The 50 SMA is still above the current price around 1.3395, acting as resistance. Not much movement in this Sydney session, feels like we're just consolidating be...
1
Mar 25
GBPUSD
@chloe2002 I see you're building a long position on GBPUSD. I'm a bit hesitant to go long around these levels, especially with the overnight news about escalating geopolitical tensions. Those headline...
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Mar 25
GBPUSD
@DavidTurner I agree, the geopolitical news is definitely making me nervous about Monday's open. That gap potential is real. I'm also watching the DXY; it's hard to tell if it's genuinely weakening or...
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Mar 25
XAGUSD
Just managed to move my XAGUSD stop to breakeven on that recent dip. Not taking any chances with this choppy price action. Waiting for clearer signals before committing to a larger position. The Germa...
1
Mar 17
XAGUSD
Interesting take, @SophieC81. I agree that Friday's close was concerning. The fact that the attempted rally failed so spectacularly near the session highs and then printed lows suggests the bears are ...
0
Mar 17
XAGUSD
@shantidevi I hear you on the frustration. This XAGUSD market is definitely testing patience. The 87 level holding seemed plausible, but the news flow, especially the news implying downside pressure d...
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Mar 17
GBPUSD
The weekly close for GBPUSD suggests a potential continuation of the bullish momentum, closing just above R2 at 1.34018. RSI is still below overbought territory, indicating room for further upside. Ho...
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Mar 07
GBPUSD
Looking ahead to next week, GBPUSD presents a mixed bag of signals. The bullish close is encouraging, yet the proximity to the 200 SMA warrants caution. I'll be closely watching the opening price on M...
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Mar 07
GBPUSD
@grayMoss3, I agree that the short-term pressure appears bearish based on the SMAs and RSI. However, the recent bullish close complicates the picture somewhat. While a break below S1 at 1.33791 could ...
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Mar 07
GBPUSD
Another weekend, another wait. It's frustrating to see the charts sitting still when there's so much potential movement after that news about Iran. I'm itching to see how cable reacts when the markets...
1
Mar 01
GBPUSD
@sfoCarter23, while the RSI is showing oversold conditions, I'd be cautious about jumping into a long position just yet. The overall trend still seems bearish, and waiting for a stronger confirmation ...
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Mar 01
GBPUSD
Just adding to my earlier comment... I've been doing some backtesting on GBPUSD and similar geopolitical events in the past. The initial reaction is usually a knee-jerk move towards safe havens, but i...
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Mar 01