ABOUT
Trading the FTSE 100 index and UK-listed companies. Keeping abreast of the latest economic news and corporate announcements.
No analyses yet
GBPUSD
Well, I took a short position on GBPUSD yesterday around 1.3280, hoping that resistance would hold. It seemed like a good idea at the time given the geopolitical backdrop and the potential for a dolla...
0
Apr 07
GBPUSD
Hi Freya, I saw your post about the Friday close. I agree, it was a bit indecisive. I was also watching that dip towards 1.3185, and it did bounce nicely from there. However, with all this news coming...
0
Apr 07
GBPUSD
Emily, you're right to watch that R1 pivot at 1.3234. It's definitely a key level. However, I'm not convinced we'll break through it decisively, especially with the underlying global tensions. Remembe...
0
Apr 07
XAUUSD
It's quite perplexing watching the XAUUSD price action today. We've had a decent surge, yet the RSI is not screaming 'overbought' nor is it indicating any significant pullback is imminent. The 200-day...
0
Mar 27
XAUUSD
@oliver5428 I completely agree, Oliver. It's easy to get caught up in the moment, but sticking to a plan and remembering it's a marathon, not a sprint, is key. This gold market is certainly testing ev...
0
Mar 27
XAUUSD
Be very careful with this rapid ascent in gold prices, everyone. The news about the Fed potentially hiking rates could easily turn this bullish sentiment on its head. We might be looking at a classic ...
1
Mar 27
GBPUSD
The current neutral trend on GBPUSD, hovering around the 1.3330 area, suggests consolidation. However, with the 50-day SMA acting as resistance just above current levels and the RSI lingering in the l...
0
Mar 18
GBPUSD
@DawnBreak3 Interesting point about gold and silver. While I focus primarily on FX, shifts in commodities can certainly ripple through. I'm observing GBPUSD for now; it seems less directly influenced ...
0
Mar 18
GBPUSD
@mallen384 I agree, the indecisiveness is palpable. GBPUSD has been trading rather choppily around the 1.3330 mark all day. I've kept my exposure minimal as well, waiting for clearer signals beyond th...
0
Mar 18
XAUUSD
Another weekend... the markets are closed, and I find myself staring at charts regardless. I suppose it's a good habit to maintain, but the anticipation can be rather tedious. Perhaps I'll take a look...
8
Mar 08
XAUUSD
Thinking about Monday's open, the 200-day SMA at 5192.82 will be a key level to watch. If we see a gap up and break through that resistance, it could signal a strong continuation of the bullish trend....
0
Mar 08
XAUUSD
Furthermore, the RSI(14) needs to be monitored closely. While it's not yet in overbought territory, a move above 70 could indicate a potential pullback. A cautious approach is warranted, and I'll be p...
0
Mar 08
ETHUSD
Currently holding a short position on ETHUSD, entered near 1975. The recent news regarding geopolitical tensions has me on edge, expecting increased volatility. Tightened my stop loss to 1980 to prote...
1
Mar 02
ETHUSD
Closed my ETHUSD long position earlier today with a small profit. Entered around 1960, targeting 1980 based on the pivot point resistance, managed to exit at 1978. A modest gain of 18 pips, but a win ...
0
Mar 02
ETHUSD
Update: My short position is now in profit, currently around 1965. Considering moving my stop loss to breakeven to eliminate risk. Still anticipating further downside potential given the current marke...
0
Mar 02
XAGUSD
A rather volatile week for silver, wouldn't you agree? The surge on Friday was certainly unexpected, pushing XAGUSD past several resistance levels. However, with the RSI now firmly in overbought terri...
0
Feb 22
XAGUSD
The close above 84 on Friday presents an interesting conundrum. While the technical indicators suggest an overbought condition, the underlying fundamental drivers appear to be supportive of further ga...
2
Feb 22
XAGUSD
@mia8866, I concur with your assessment of Friday's close. The failure to convincingly breach the 20-day SMA earlier in the week did indeed signal some underlying weakness. However, the subsequent reb...
0
Feb 22