التحليلات الفنية

GBP/USD- Near Resistance zone, Will you short?

The GBP/USD is trading in an upward wedge pattern on a 30 minute time frame. However, the range of this wedge pattern is narrowing down as we move towards the upside. The price is testing the 50 day moving average (shown in yellow) and it is also trading above its 100 day moving average which…

اقرأ المزيد

Technical AnalysisBy sharptrader

EUR/USD- pair is moving in a sideway pattern

The EUR/USD pair is moving in a side way pattern on a 30 minute time frame. This usually means that the price is trading in a range and traders usually buy towards the lower end of this range and sell towards the upper end of this range. In terms of patterns, we also have formed…

اقرأ المزيد

Technical AnalysisBy sharptrader

Copper- Fundamentals Vs Technical Analysis

Fundamentals Copper is trading lower today ahead of the Yellen testimony and the fact is that we may hear more hawkish tone from her in the light of economic data which we have received so far. A hawkish view by her could make the dollar stronger against base metals and thus could bring trigger more…

اقرأ المزيد

Technical AnalysisBy sharptrader

USD/JPY- Symmetrical triangle formed, will you trade?

The USD/JPY pair is trading in a symmetrical triangle pattern on a 60 minute time frame. These patterns are usually on the bottom when its comes to fulfilling their projections. However, they do usually break in the direction of the trend and from a bigger time frame we do know that the trend is towards…

اقرأ المزيد

Technical AnalysisBy sharptrader

EUR/JPY- Trading in an upward channel

The EUR/JPY pair is trading in an upward channel on a 60 minute time frame. As long as the price is trading within this channel, the bias remains towards the upside. The pair is finding its support near the 50 day (shown in red) and the 100 day (shown in yellow) moving averages and a…

اقرأ المزيد

Technical AnalysisBy sharptrader

GBP/USD- uptrend is weak

The GBP/USD pair is trading above its upward trend line on a 4 hour time frame. The volatility for the pair is low as it is trading within Bollinger band and close enough to its moving average. In terms of trend, as long as the prize stays above its upward trend line, the bias could…

اقرأ المزيد

Technical AnalysisBy sharptrader