التحليلات الفنية

ديسمبر152015

EUR/GBP- Breaking out of its ascending triangle pattern

The EUR/GBP pair has broken out of ascending triangle pattern on a 60 minute time frame. The projection of this triangle could easily push the price well above the minor resistance zone mentioned below. The price is also trading above the upward trend line and this confirms that the trend is skewed towards the upside. In terms of volatility, it is low as it is trading within the Bollinger band and close enough to its 20 day moving average.

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Technical AnalysisBy sharptrader

ديسمبر142015

USD/JPY- Bounced from its support zone

The USD/JPY pair has broken out of its side way pattern on a 4 hour time frame. The price has completed its projection and bounced back up from its previous level of support where the previous rally initiated. The price is also trading below the downward trend line and this confirms that the trend is towards the downside.

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Technical AnalysisBy sharptrader

ديسمبر112015

GBP/USD- Trading in Downward Channel

The GBP/USD is trading in a downward channel on a 4 hour time frame. As long as the price is trading within this band, the bias remain towards the downside. The pair has also broken out of a symmetrical triangle pattern towards the upside and the price is challenging the upward line of the downward channel. A break of this line will confirm that down trend is no longer in play.

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Technical AnalysisBy sharptrader

ديسمبر102015

Gold – Fundamental vs Technical Analysis

The gold play is very tricky, because it is not entirely dependent on this element that if the Fed will increase the rate, the dollar will become stronger and the yellow metal will move lower. The fresh rout in commodity space has increased the overall volatility in the market, which has given a birth to this idea that perhaps, the Fed may delay their rate decision and let the dust settle before they intervene.

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Technical AnalysisBy sharptrader

ديسمبر92015

USD/JPY- Upward momentum could be picking up

The USD/JPY is trading in a side way wedge pattern on a 4 hour time frame. The focus is towards the lower line of this pattern and if we break this line towards the downside, bearish bets could pile up further as this will represent more weakness. We are also trading below the downward trend line and only a break of this towards the upside will create more bullish bias.

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Technical AnalysisBy sharptrader

ديسمبر82015

EUR/USD- Upward move fading fast

The EUR/USD has broken out of its downward wedge pattern on a 4 hour time frame. The price pierced the Bollinger band but now it is back within the Bollinger band and trading near the 20 day moving average. This represents that the volatility which was skewed towards the extreme end has returned to its…

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Technical AnalysisBy sharptrader