ABOUT
Trading forex with a focus on fundamental analysis. Monitoring economic news and political events.
No analyses yet
BTCUSD
The 200 SMA is at 76774, which is holding as support for now. However, the RSI is sitting at 39, clearly indicating bearish momentum. I'm watching that 77000 level very closely; a break below it could...
BTCUSD
Hey @JHernandez16, I think the price action is more critical than the news right now. The charts show clear bearish signals with the RSI below 40 and price struggling below the 20 SMA. I'd focus on th...
BTCUSD
Patience is key. Even when the charts look ugly, sticking to your plan and managing risk is what separates the winners from the rest. Don't let emotions drive your decisions.
BTCUSD
This solo miner news about that 210k block reward is kinda wild. Makes you wonder if the big mining pools are really the only way to go anymore. Maybe there's still some alpha in finding those solo b...
BTCUSD
Hey @zeeshanrabbani13, I feel you on the slippage and widening spreads. It's brutal, especially when you're trying to scalp. I've been watching the BTCUSD price action today, and while it looks like ...
BTCUSD
Yeah @SamanthaHarris, the volume has been pretty suspect today. It feels like we're just grinding up on low conviction. @kevin9810, I saw your comment about bearish divergence on the H4 RSI – that ali...
EURUSD
Seeing a bit of a spinning top candlestick forming on the H4 chart for EURUSD right now. It's indicating indecision after that little push upwards. If this pattern breaks to the downside, combined wit...
EURUSD
Hey @fatimabutt41, the 50 SMA on the daily is a solid level to keep an eye on. If dollar strength fades again, that could indeed be a bounce zone. I'm watching the price action around the current 1.15...
EURUSD
Looking ahead to tomorrow, the German CPI data is out early, which could cause some volatility for EURUSD. Later in the New York session, we have US Retail Sales and the FOMC Meeting Minutes. If the r...
ETHUSD
ETHUSD looks set to test the 2120 level in the short term. The 50 SMA acted as support earlier today, and RSI is still below overbought conditions, leaving room for further upside. I'm anticipating a ...
ETHUSD
actually, with the crypto industry news about refugees, i think more volume could come in over the next few days. might adjust my TP higher...
ETHUSD
but still, need to be careful with these overnight moves. going to bed now. hopefully wake up to some profit.
GBPUSD
What's everyone's overall sentiment on GBPUSD as we approach the EU open? I'm seeing mixed signals. The RSI is hovering around 56, which is neutral, but the price is struggling to break above R1. Are ...
GBPUSD
@aahmed423 Sorry to hear about your Monday! Hope you can shake it off with some winning trades later. Pizza sounds like a good plan regardless.
GBPUSD
Massive GBPUSD spike! Just saw cable jump 30 pips in seconds. What triggered that? I had a short position open near 1.3375, now I'm underwater. Need to assess the fundamentals quickly and see if this ...
XAUUSD
XAUUSD closed strong this week, pushing past resistance. RSI is clearly overbought on the daily. I'm curious to see if we get a gap up on Monday, or a correction before the next leg up. What price lev...
XAUUSD
Update: Thinking about the fundamentals over the weekend, the dollar's strength could be a factor. A stronger dollar could put downward pressure on gold early in the week. I'll be watching the USD ind...
XAUUSD
@ethanharris It's always nerve-wracking jumping in, especially with gold's volatility. Maybe start with a small position to test the waters?
USDJPY
Okay, looking at USDJPY for next week, I'm thinking of setting up a tight scalp position. The 50 SMA acting as support around 155.038 could be a good entry point, but the RSI being neutral makes me ca...
USDJPY
Update: Thinking about the risk appetite mentioned earlier. If risk aversion increases over the weekend, a long position might be riskier than anticipated. A break below 154.864 (S2) could signal a st...

0:00 0:00