التحليلات الفنية

USD/RUB- Technical Analysis shows strength for upside move

The USD/RUB pair is trading above its upward trend line on a 4 hour time frame. This confirms that the trend is towards the upside. In order to get a clear confirmation of the trend, it is best to use the moving averages and the chart shows that the price is trading above the 100…

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Technical AnalysisBy sharptrader

Copper- Fundamental vs Technical Analysis

We believe the industrial production data have taken more steam out of the base metals. Although, the data have surpassed the forecast, but what is really worrying is the GDP forecast of 7%, which the PBOC of china is trying to maintain and with industrial production only at 6.1%, the GDP target is not easily achievable.…

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Technical AnalysisBy sharptrader

Gold broken its reverse H&S neckline- did you trade?

Fundamental Analysis What we are experiencing is a bird of a feather flock together, which literally means that everyone is pilling up their bets for the safe heaven as we are moving close and close to no deal for Greece. Investors want to hedge themselves against this uncertainty and do not want to be caught…

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Technical AnalysisBy sharptrader

Gold- Fundamental vs Technical Analysis

The precious metal has recovered some its losses and it is well off from its lows of 1162 after falling brutally on Friday. Traders have given the benefit of the doubt that the Friday US NFP data is just one off stout reading which we have received so far this quarter, but if the US…

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Technical AnalysisBy sharptrader

GBP/USD- Selling pressure continues

GBP/USD is trading below its downward trend line on a 4 hour time frame. This confirms that the trend is towards the downside. However, the moving averages are mainly used o determine the direction of the trend and they also confirm the strength of the current trend. The price is trading below the 50 and…

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Technical AnalysisBy sharptrader

FTSE 100 – formed a symmetrical triangle formed

The FTSE 100 is trading above its upward trend line on a 4 hour time frame. However, we also have a strong pattern forming for the index which is the symmetrical triangle pattern. These patterns are ranked towards the bottom side due to their unpredictable behaviour and not fully completing their projections. As the price…

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Technical AnalysisBy sharptrader