The GBP/USD has bounced from our Identified support zone on a 60 minute time frame. The support zone was given in our analysis last week. However, we do not have the 1:1 or 2:1 ratio, therefore it may not be a good idea to move the stop to break even because according to the trading…
اقرأ المزيدThe EUR/USD is trading in a symmetrical triangle pattern on a 60 minute time frame. These patterns are ranked on the bottom of the pattern recognition chart because of their unreliable price projection. The pair is trading above the 50dy (shown in red) and the 100 day (shown in green) moving average which means that…
اقرأ المزيدGlaxo smith stock price is under tremendous selling pressure on a daily time frame. The price is sharply trading below the downward trend line. The stock has also pierced the Bollinger band and it is trading away from its 20 day moving average which means that the volatility for the price is high. The piercing…
اقرأ المزيدThe USD/JPY pair is trading below the downward trend line on a 60 minute time frame. The price is alos trading below the 100 day (shown in red) but below 50 day (shown in green) and have broken its upward trend lines which means that the bears are in control of the price. The RSI…
اقرأ المزيدBank of America’s stock price is trading below the downward trend line on a 4 hour time frame. The price is trading below the 100 day (shown in green) and the 50 day (shown in red) moving average which means that the trend is towards the downside and the bears are in control of the…
اقرأ المزيدBMW stock has bounced sharply back up from its support (mentioned below) and it is trading back near the same support zone once again on a 4 hour time frame. The price is trading below the 50 day (shown in green) and the 100 day (shown in red) moving average which means that the trend…
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