التحليلات الفنية

USD/JPY- Fell from its resistance as Predicted

The USD/JPY fell from its resistance on a 60 minute time frame as predicted. The resistance zone was given in our analysis yesterday. The pair is trading near the 100day (shown in yellow) moving average, which may act as a minor support, however, a break of this could increase the selling pressure further. The price…

اقرأ المزيد

Technical AnalysisBy sharptrader

Apple – After disappointing earning, What technical analysis is saying?

Apple is trading in an upward wedge pattern on a 4 hour time frame. If the price breaks out of this pattern to the downside, there is usually a big move to the downside. Within this pattern, we also have the symmetrical triangle pattern formed and the downward projection of this, could push the price…

اقرأ المزيد

Technical AnalysisBy sharptrader

AUD/NZD- In a Support Zone, Will you trade?

The AUDNZD pair is trading in a support zone on a daily time frame. The pair has pierced the Bollinger band at this level, which means that the volatility for the pair is high. The piercing of the Bollinger band does have a significant importance when this takes place at an important level of support…

اقرأ المزيد

Technical AnalysisBy sharptrader

USD/JPY- Completed its pattern as predicted

The USD/JPY bounced from its support on a 60 minute time frame. The pair completed the rectangle pattern which we mentioned on Friday. The price is forming a reverse head and shoulder pattern now and the projection could push the price back up in the minor resistance zone which is mentioned below. However, the…

اقرأ المزيد

Technical AnalysisBy sharptrader

USD/JPY- In a Support Zone, Will you buy?

The USD/JPY is bouncing near the support zone which is mentioned below on a 60 minute time frame. The chart is very interesting as we have two rectangle patterns formed on this. The first rectangle pattern is shown by the solid purple line and the dashed purple line. Rectangle patterns once broken, will complete their…

اقرأ المزيد

Technical AnalysisBy sharptrader