التحليلات الفنية

GBP/USD – near a support zone, will you buy

The GBP/USD pair is trading below the downward trend line on a 4 hour time frame. The price is near the support zone which could reserve the trend however it is important to state that we do not have any clear trend as the price has been moving in a sideway pattern during the past…

اقرأ المزيد

Technical AnalysisBy sharptrader

Apple – Dropped from its resistance zone as predicted

Apple fell from its resistance on a daily time frame which we predicted last week. The risk for the trade was nearly 10 dollar and as of yesterday, the price has closed at 628, which is more than 1:1 risk to reward ratio. An aggressive investor could always have taken the profit at this stage or…

اقرأ المزيد

Technical AnalysisBy sharptrader

Apple – The upward trend could pause

Apple is trading above its upward trend line on a daily time frame. This confirms that the bias could be to the upside. The price is also trading in an upward channel and as long we are trading within this channel the upward momentum could continue. However, it is important to emphasize that the price…

اقرأ المزيد

Technical AnalysisBy sharptrader

EUR/USD- Near the support zone, will you trade

The EUR/USD broken its wedge pattern on a 60 minute time frame. If the price completes its projection we could easily see the price reaching the major support zone which is mentioned below. However, the pair is trading near the minor support zone and the price has bounced back up after touching this zone. It…

اقرأ المزيد

Technical AnalysisBy sharptrader

GBP/USD-Selling pressure could pause soon

The GBP/USD is under selling pressure on a 60 minute time frame. The price is still away from a meaningful support zone however, we are only a few pips away from a minor support zone which is mentioned below. The price has pierced the Bollinger band which means that the volatility for the pair is…

اقرأ المزيد

Technical AnalysisBy sharptrader

USD/JPY- Selling pressure continues

The USD/JPY is trading below he downward trend line on a 60 minute time frame. The price formed the reverse head and shoulder pattern, but it has failed to stay above the neckline of this pattern, therefore, the pattern may not have any life left in it. The pair is also trading below the 50day…

اقرأ المزيد

Technical AnalysisBy sharptrader