The GBP/USD pair is trading firmly below the downward trend line on a daily time frame. As long as the price is trading below this downward trend line, the trends remains towards the downside. The pair is also trading below the 100 day (shown in red) and the 100 day (shown in yellow) moving average…
اقرأ المزيدFacebook is still under pressure on a 240 minute frame. After marking the peak of $81, the stock has not gathered enough momentum to close to its pro gaps. The pro gaps are those gaps which occur in the opposite direction of the current trend. The price is trading below the 100 day (shown in…
اقرأ المزيدThe EUR/USD pair is trading below its downward trend line on a 240 minute time frame. The price has recently moved back from its support zone which is mentioned below however, the price action still looks very weak and it could easily continue its downward slide. The price is also trading below the 100 day…
اقرأ المزيدThe EUR/GBP pair is challenging its downward trend line on a 240 minute time frame. If the price breaks this downward trend line and stays above it, this will be a confirmation that the bears have lost their control. The price is also trading below its 100 day (shown in yellow) and the 50 day…
اقرأ المزيدUsd For Friday payroll number, we are expecting a strong number and the headline could beat the number by 15-20K than the forecast. Dollar may remain strong and could continue its move towards the upside especially against GBP and euro (both have their meetings today which will push the currencies lower). Gold 1100 could be reached by year…
اقرأ المزيدCrude oil has been under tremendous selling pressure for the past few weeks. The time frame that we are going to look at is the weekly time frame so it is important that you re comfortable with your risk as the support/ resistance zones are going to big. By looking at the weekly chart, we…
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