The EUR/GBP pair is looking very bearish on a 30 minute time frame as the price is trading below its downward trend line. Moreover, it has also formed a symmetrical triangle on a 60 minute time frame and these triangles usually break in the direction of the trend which I this case is towards the…
اقرأ المزيدThe AUD/USD pair is trading in an upward trend on a 30 minute time frame. The pair has broken its downward trend line which is coming from a bigger time frame. This confirms that the bills are in control of the price. Moreover, the price is also trading above the 50 day and 100 day…
اقرأ المزيدThe GBP/USD pair is trading above the upward trend line on a 30 minute time frame and this confirms the upward trend is intact. The price is also trading in a range base within a channel which is called the upward channel. Most traders use the base line to increase their position as long as…
اقرأ المزيدGold is trading in an upward trend on a 30 minute time frame. However, it is important to keep in mind that the trend on the daily time frame is towards the downside and that is the dominant trend. Therefore, when taking a trade on a smaller time frame it is important to keep in…
اقرأ المزيدThe EUR/USD pair has bounced from its support zone (mentioned below) and has confirmed this zone once again this morning. This confirms that there is enough buying pressure at this zone. However, what is important to note is that the downward trend line could still add enough pressure for the price. The price is also…
اقرأ المزيدFundamental Analysis Long term view We are anticipating a bull rally to kick off in two years and our base case scenarios are as follow i.) Elections coming up in Germany, France and US in 2017 ii.) BreExit dilemma will be at its peaks in two years iii.) US interest rate will be at the…
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