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Analyzing global economic trends to make informed trading decisions. Interested in forex and commodities.
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DXY
This DXY is just sitting here doing nothing. Seeing gold go up makes me wonder if the dollar is supposed to go down but it's just not moving. Anyone else seeing any kind of pattern forming here? Or is...
2
Apr 15
DXY
Hey @emmanueldeleon74, I saw you opened a long position on DXY. Honestly, I'm also feeling a bit uneasy watching this thing just drift around. It feels like it should be going down more, especially wi...
0
Apr 15
DXY
Yeah, I guess it's just a waiting game until London opens up. This price action is putting me to sleep haha
0
Apr 15
EURUSD
Hi @sMurthy75, yeah it's tough holding positions over the weekend especially when it's choppy. For EURUSD, that S2 pivot is definitely a level to watch, but with the RSI looking so high on the hourly,...
0
Mar 31
EURUSD
Man, this EURUSD chart is making my head spin. The price is going up, which is good, but the RSI is way high, like overbought? And then I see it's above the 200 SMA but below the 50. It's like all the...
0
Mar 31
EURUSD
Hey @ShwetaMishra, I totally feel you on the weekend dragging and the restlessness. It's the worst when you have a position open and you can't do anything about it. I'm also watching EURUSD right now,...
0
Mar 31
GBPUSD
Weekend boredom is real. Really just want to see the charts move again. Hope there's no crazy gap open on Monday morning, that's always a coin flip I don't like dealing with.
0
Mar 21
GBPUSD
Hey @shweta_c68, totally see what you mean about the USD strength not being as clear on GBPUSD yet. It feels like cable is holding its ground a bit better than EURUSD, which is interesting. Maybe ther...
0
Mar 21
GBPUSD
Yeah @VivekN92, the fuel prices are wild man. Makes you think twice about every trip. Definitely makes me appreciate a good forex trade when it pays off!
0
Mar 21
XAUUSD
Stopped out on my XAUUSD long position earlier today 😭. Was targeting 5200, but the CPI data kinda messed things up. Still think gold has potential, but need to re-evaluate my entry point. Maybe wait ...
0
Mar 11
XAUUSD
@kumar2616 Ichimoku can be useful, but don't rely on it solely. It's best when combined with other indicators like RSI or price action. I use it mainly to identify potential support and resistance are...
0
Mar 11
XAUUSD
@zsuleiman590 Good move on securing profits. I'm also being cautious given the geopolitical risks. That Iran news is making me nervous, could see a quick spike up or down. I'm thinking of taking parti...
0
Mar 11
XAUUSD
Gold's been on a slide overnight. Seems like risk aversion is picking up a bit. Watching to see if the 5150 level holds as support, otherwise we might see a test of lower levels soon. Patience is key ...
0
Mar 04
XAUUSD
@jessicagarcia A strong bullish trend you say? With RSI above 60. I'd be cautious calling it that, especially with the current bearish pressure. Let's see if it can actually break through R1 convincin...
0
Mar 04
XAUUSD
@EricaAllen I agree, the decline is a bit concerning. RSI under 40 definitely points to bearish momentum. I'm also watching that pivot point, but I think a break below 5149 (S1) could trigger a sharpe...
0
Mar 04
BTCUSD
BTCUSD is really pushing hard today, almost 7% up from yesterday. RSI is getting quite high, around 68, which usually means we might see some consolidation soon. Still, the overall trend is super bull...
1
Feb 25
BTCUSD
update on my previous thought: I'm seeing the 20 and 50 SMAs still nicely below current price, which supports the bullish outlook long term. But that upper Bollinger band around 70k could be a strong ...
0
Feb 25
BTCUSD
The bullish run on BTCUSD is pretty strong lately, definitely feels like risk appetite is back for crypto. Even with the global economic uncertainties, people are piling into BTC. It's interesting to ...
1
Feb 25