التحليلات الفنية

EUR/USD- Fell from 100 pips from our IDENTIFIED LEVEL, What now

The EUR/USD fell from its resistance level on a 30 minute time frame which we predicted. The resistance zone was given in our analysis last week. The initial move was nearly 100 pips and the todays move is nearly 60 pips. The volatility for the pair is high as it has pierced the Bollinger band…

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Technical AnalysisBy sharptrader

Copper under Immense selling pressure, but near support zone

Copper is under tremendous selling pressure on a daily time frame. The metal has pierced the Bollinger band and the price is trading well away from its 20day moving average, which means that the volatility is extremely high. The piercing of the Bollinger band does have vital importance when this takes place at an important…

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Technical AnalysisBy sharptrader

GBP/USD- Near its support zone

The GBP/USD has bounced from its support zone on a 30 minute time. We are forming a double bottom at the moment, however, the upward move is strictly capped by the 50 day moving average (shown in green). Moreover, we are also trading below the 100 day (shown in yellow) moving average, which means that…

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Technical AnalysisBy sharptrader

Barclays – Trading in a downward Channel

Barclays is trading in a downward channel on a daily time frame. The price has clearly broken its upward trend line (shown in purple line) which means that the uptrend is no longer valid. As long as the price is trading within this downward channel the bias could be to the downside. Moreover, we are…

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Technical AnalysisBy sharptrader

Caterpillar – Near the Resistance zone

Caterpillar is trading above its uptrend line on a daily time frame which means that the trend is to the upside and the main focus should be trading with the trend. We are in a zone territory at the moment as the price is trading between the zones so perhaps waiting game could be the…

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Technical AnalysisBy sharptrader

EUR/USD- Bounced 233 pips from our IDENTIFIED LEVEL, What now

The EUR/USD bounced from its support on a 60 minute time frame as identified. The pair is up over 233 pips up from its support zone which was given in our analysis on the 3rd of March . The price has pierced through the minor resistance with a huge spike and now it is trading…

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Technical AnalysisBy sharptrader