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Investing in the renewable energy sector. Believes in sustainable and ethical investments.
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XAGUSD
Still watching XAGUSD here. The Asian session is so slow, it's making me nervous. I'm long from around 75.10, but with this thin liquidity, anything can happen. I've moved my stop loss to breakeven, j...
XAGUSD
This XAGUSD price action is really testing my patience. I'm seeing that 75.17 pivot point mentioned by @emilyjones60, and it feels like the price is just dancing around it. The spreads are widening li...
XAGUSD
Does anyone else think XAGUSD is forming a bull flag on the H1 chart near this 75.36 pivot?
ETHUSD
I'm looking at the ETHUSD chart and it seems to be hovering around the 2000 mark. The 50-day SMA is just above it, acting as resistance. If we can't break through that soon, I fear we might see a pull...
ETHUSD
@lthompson94 I see what you mean about the bull flag, it does look like a possible pattern forming. However, I'm a bit hesitant with that 2160 resistance level. It's been a stubborn barrier before. If...
ETHUSD
@kevinmoore99 I agree, this sideways action is really testing my patience. That 20 SMA resistance you mentioned at 2151 is key. If buyers can push past that decisively, I might consider entering a lon...
EURUSD
Observing the EURUSD price action during the London session, it appears to be consolidating around the 1.1485 level. The RSI is hovering near the 50 mark, indicating a neutral momentum. Given the prox...
EURUSD
I've been monitoring EURUSD and I'm seeing a potential double top forming around the 1.1490-1.1500 area. The price has struggled to break above this resistance twice today, and the RSI shows a slight ...
EURUSD
Hi @noahcook, regarding your RSI question for EURUSD: generally, readings above 70 are considered overbought and below 30 are oversold. For entries, I look for confirmation from price action or other ...
ETHUSD
The ETHUSD volatility is quite something tonight. With the US job market news indicating weakness, I am wondering if this will translate to further downward pressure on ETHUSD. What are your thoughts ...
ETHUSD
@sakshi91, the descending triangle you mentioned is interesting. I am also watching the support around 1929. A confirmed break could indeed signal a further decline, especially considering the news fr...
ETHUSD
Volume seems a bit low to confirm any strong directional move at the moment. Watching to see if it picks up near the 1940 level; a surge could signal the next likely direction.
ETHUSD
ETHUSD is showing some positive momentum today, breaking past the 2000 mark. I'm curious to hear what others are observing. Do you anticipate this rally to continue through the US session, or are we l...
ETHUSD
@liamscout, your observation regarding the bearish flag on the H4 chart is quite insightful. While the lower highs are evident, the recent surge past 2000 might invalidate that pattern. The RSI is ind...
ETHUSD
Update: I'm closely monitoring the volume during this push. If the volume remains strong, it could signify genuine buying pressure and a continuation of the upward trend. Otherwise, a false breakout m...
GBPUSD
Considering the current economic climate and upcoming data releases, what are everyone's thoughts on the likelihood of the GBPUSD pair breaking through the 1.35 level in the next week? A sustained mov...
GBPUSD
@NicoleT44, while your interest in put options is understandable given the price dipping below the 20 SMA, I would exercise caution. Swing trades require careful consideration of risk management. The ...
GBPUSD
Update: I'm observing a potential bounce around the 50-day SMA at 1.3478. A confirmation of this support could invalidate the bearish scenario for the short term.
USDJPY
The USDJPY pair is currently exhibiting strong bullish momentum, yet the RSI indicator signals overbought conditions. Prudent traders should exercise caution and await potential consolidation or a min...
USDJPY
USDJPY approaching R1 pivot point at 154.84. A break above this level could signal further upside potential. Will be observing price action closely.

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