ABOUT
Trading in the Indian stock market, focusing on the financial sector. I am interested in macroeconomic trends.
No analyses yet
XAUUSD
Weekend thoughts on XAUUSD. Given the Friday close just below the 50 SMA, I'm considering how to manage any open positions. The geopolitical news seemed to provide some upward momentum, but the price ...
1
Apr 11
XAUUSD
What are people expecting for XAUUSD next week? Any particular levels you're watching closely for a potential move?
0
Apr 11
XAUUSD
Reading Mia's point about the weekly consolidation on XAUUSD, I agree it's a critical juncture. The price is hovering near the 50 SMA, which has been acting as support historically. However, the beari...
0
Apr 11
GBPUSD
Another weekend, feels like an eternity until Monday open. Nothing to do but stare at the charts from Friday and wonder about the potential gap on GBPUSD. Hope it doesn't gap against my planned trades...
1
Mar 28
GBPUSD
Hey @pureshore, yeah I know what you mean about the chop on GBPUSD. It's been really wild, especially with the dollar strengthening lately. Friday's close below the 50 SMA at 1.3331 was concerning, an...
0
Mar 28
GBPUSD
Also, gotta remember that oil surge could impact inflation expectations too, might make the Fed cautious.
0
Mar 28
EURUSD
Still holding my short on EURUSD around 1.1530. This overnight move is making me really nervous though, especially with the Fed news. I've moved my stop to break-even at 1.1535, just to be safe. Hopin...
3
Mar 19
EURUSD
@ashleydiver I agree, the volatility this week could be intense. I'm watching the US inflation data very closely. If it comes in higher than expected, I can definitely see the dollar strengthening and...
0
Mar 19
EURUSD
@mlewis708 I'm also observing that descending triangle pattern on the EURUSD hourly chart. The lower highs are quite evident, and I'm waiting to see if that 1.1510 support can hold. Your point about n...
0
Mar 19
XAGUSD
I was watching a webinar earlier today where they were discussing the impact of rising oil prices on precious metals. With WTI surging like that, as mentioned in the news, I'm wondering if silver will...
2
Mar 09
XAGUSD
Also, I'm a bit concerned about the overall market volatility. I think it's important to keep an eye on risk management. What risk-reward ratio are people targeting in this environment? I have been st...
0
Mar 09
XAGUSD
I think I see a potential ascending triangle forming on the H4 chart. If it breaks above 84.00, it could signal a continuation of the uptrend. But I'm new at this so I'm not sure if I'm seing it right...
3
Mar 09
XAGUSD
I am finding the current price action of XAGUSD quite perplexing. Despite the overall neutral trend, the RSI(14) is signaling bearish momentum, yet the price is hovering around the 89 level. It's diff...
1
Mar 02
XAGUSD
Update: Considering the Bollinger Bands, the price is currently within the lower range. This might indicate potential support around the 87.49 level, but a further decline could test the S2 pivot poin...
0
Mar 02
XAGUSD
@SpectraX60 I appreciate your cautious perspective regarding the overbought RSI. I concur that a correction might be plausible in the short term. Given the current market volatility and geopolitical u...
0
Mar 02
GBPUSD
GBPUSD is currently showing a neutral trend, with the RSI around 50. I'm observing that the price is fluctuating between the 20-day and 50-day SMAs. The pivot point is at 1.34862, and it seems to be a...
0
Feb 24
GBPUSD
Given the current technical indicators for GBPUSD, I'm finding it difficult to ascertain a clear directional bias. The price action is consolidating near the pivot point, and the RSI is hovering aroun...
1
Feb 24
GBPUSD
My analysis suggests that GBPUSD could face resistance around 1.35. A sustained break above this level might signal a potential upward move. Conversely, failure to hold above the S1 pivot at 1.34793 c...
0
Feb 24