التحليلات الفنية

EUR/USD- Broken its downward trend line, will you trade?

The EUR/USD pair is trading below its downward trend line on a 60 minute time frame. The price has recently broken this trend line and this shows a sing of strength especially given that it is also trading above the 50 day and 100 day moving averages shown in yellow and red colour respectively. The…

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Technical AnalysisBy sharptrader

DAX index in a strong downward trend

The DAX index is trading below its downward trend line on a 4 hour time frame. This shows that the trend is towards the downside. The price is also trading below the 50 and 100 day moving averages which are shown in yellow and red colour respectively. As long as the price is trading below…

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Technical AnalysisBy sharptrader

Dollar Index still strong

The unemployment claims data have not shown improvement in the labor market, but it is still a solid number not a disaster. The initial reaction from traders was negative, but as they digested the news, the direction has changed and this is due to the confidence amid investors what Janet Yellen has said about the rate…

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Technical AnalysisBy sharptrader

Gold- Fundamental Vs Technical analysis

Fundamental Analysis The consumer confidence and US home sales data were a real slap in the face if you are trading gold and hoping for the upside. However, the technical for gold are pointing for oversold signal which could just may provide a little pause in this sell off or give us a mean reversion…

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Technical AnalysisBy sharptrader

Copper- Fundamental VS Technical

Greece dominates headlines for the past few months and this trend could continue for the coming weeks or months if there is no viable solution in place. However, we do think that Greece will give in to the European demands to unlock the fresh credit line, but this move will not be humiliating for the…

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Technical AnalysisBy sharptrader

EUR/GBP- Downward momentum strong, will you trade?

The EUR/GBP pair is trading below its downward trend line on a daily time frame. This confirms that the trend is towards the downside. Although, the price is trading below both the 50 day shown in yellow and the 100 day shown in red moving averages which confirms the above argument however, the slope of…

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Technical AnalysisBy sharptrader