التحليلات الفنية

GBP/USD- Descending triangle formed, will you trade?

The GBP/USD has formed a descending triangle pattern on a 60 minute time frame. These are the bearish form of patterns and once broken towards the downside, it could push the price towards the 1.5597 mark. The volatility for the price is low, as it is trading within the Bollinger Band and close enough to its…

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Technical AnalysisBy sharptrader

GBP/USD still under downward pressure

The GBP/USD pair is trading below the downward trend line on a daily time frame. This clearly represents that the bears are in control of the price and the trend is towards the downside. The price is also trading below the 50 day (shown in red) and the 100 day (shown in yellow) moving average…

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Technical AnalysisBy sharptrader

EUR/USD- Bounced over 200 pips from Support zone as predicted

The EUR/USD has bounced back up strongly from its support zone on a 240 minute time frame. The support zone was given in our analysis on the 6th of October. The price has broken two of its downward trend line but still trading below its final downward trend line. The pair has broken its 50…

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Technical AnalysisBy sharptrader

Air France profit warning; CAC 40 in focus

Air France is going to find it difficult to have any love among Bulls but there is plenty of that amid bears. The strikes have taken a big toll and it may have a devastating impact on its future earning and this concept is not sitting well with investors who are offloading this from their…

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Technical AnalysisBy sharptrader

EUR/USD- Bounced from Support zone, What now?

The EUR/USD has bounced back up strongly from its support zone on a 240 minute time frame. The price is still trading below its downward trend line and also below its 50day (shown in yellow)and the 100 day (shown in red) moving averages, which means that the bias remains towards the downside as long as…

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Technical AnalysisBy sharptrader

DAX in a strong downward trend

The DAX index is showing a very interesting pattern on a 4 hour time frame. The price has clearly broken its upward trend line which confirms that the downward trend is in place. Moreover, the price is also trading below its downward trend line and as long as the price is trading below this trend…

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Technical AnalysisBy sharptrader