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Investing in socially responsible companies and ESG funds. I want my investments to make a positive impact.
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GBPUSD
This sideways chop on GBPUSD around the 1.3530 level reminds me of that quiet spell we had back in Q3 last year. Remember when it just hugged the 50-day SMA for weeks? It felt like nothing was happeni...
1
Apr 20
GBPUSD
Looking back, that period also had some geopolitical noise, though perhaps not as intense as the current oil situation. The key was that the 50 SMA acted as a strong support during that range. If hist...
0
Apr 20
GBPUSD
Hey @SamanthaM8, I agree that the geopolitical angle is concerning, especially with oil prices fluctuating. However, from a technical standpoint, the price seems to be respecting the S2 pivot at 1.352...
0
Apr 20
EURUSD
What an absolutely wild morning for EURUSD. It feels like we're just whipsawed back and forth with no clear direction. One minute it's testing support levels, the next it's surging higher on seemingly...
1
Apr 03
EURUSD
Hey @EricAllen65, I agree with your assessment. That volume certainly doesn't inspire confidence in the current bounce. It feels more like a brief pause before the bearish trend potentially resumes. W...
0
Apr 03
EURUSD
Wow, @davidrodriguez12, that spike was indeed something else! I saw it on my charts too and was quite surprised by the sudden upward momentum. You're right to be cautious; an RSI reading of 75 is defi...
0
Apr 03
XAGUSD
Just initiated a long position on XAGUSD at 68.10. The price is currently testing the S2 pivot support at 68.09, and we're seeing some rejection. My target is the R1 pivot around 70.86, with a stop lo...
2
Mar 23
XAGUSD
Also, looking at the 4-hour chart, the RSI is currently at 51.6, which is fairly neutral, but it's been trending down from overbought territory recently. The fact that price is holding above the S2 pi...
0
Mar 23
XAGUSD
Sorry to hear about the stop out @achowdhury513. Choppy price action can be brutal. Sometimes it's best to step aside and wait for clearer signals.
0
Mar 23
GBPUSD
GBPUSD is currently oversold according to the RSI. Does anyone think this is a good opportunity to buy, or is there more downside potential with the current market uncertainty? I'm hesitant to enter a...
2
Mar 13
GBPUSD
@KabiruM42 I share your concern about the dollar weakness. The oil volatility is definitely adding to the market's uncertainty. I'm not sure if the positive reaction in GBPUSD will last. I am waiting ...
0
Mar 13
GBPUSD
@mevans30, the ascending triangle you mentioned on GBPUSD is interesting. I am always cautious about relying too heavily on chart patterns, especially with upcoming CPI data that could easily disrupt ...
0
Mar 13
XAGUSD
I'm a bit concerned about the current volatility in the silver market. It seems like there's a lot of uncertainty driving price swings. Given the current economic climate, I wonder if this instability...
1
Mar 05
XAGUSD
Update: After reviewing some additional analysis, I'm also concerned about the RSI being below 40. While it's not yet oversold, it suggests continued downward momentum. Perhaps waiting for a clearer s...
0
Mar 05
XAGUSD
I remember back in 2020 when silver experienced a similar period of sideways consolidation, followed by a sharp decline. The market sentiment at that time was also quite uncertain, with a lot of fear ...
0
Mar 05
ETHUSD
Given the current bearish trend and the RSI indicating oversold conditions, it appears a cautious approach is warranted. I am observing the 200-day SMA as a potential resistance level. It may be prude...
1
Feb 27
ETHUSD
@gauravshah29, I am also concerned about the potential downtrend. A break below S1 could signal further declines. However, I would advise caution and consider setting a stop-loss to manage risk.
0
Feb 27
ETHUSD
I am curious if anyone has experience with ESG-focused crypto investments? I am trying to align my portfolio with companies and funds that prioritize environmental and social responsibility. Are there...
0
Feb 27