التحليلات الفنية

Apple – Upward move could be paused

Apple has touched its resistance level on a 4 hour time frame yesterday. However, it is important to know that this resistance level is not a fresh level as the price has already touched this resistance zone before. The price is also piercing the Bollinger band at this level and it is trading away from its 20 day moving average. The piercing of the Bollinger band does have a significant importance at an important level of support/resistance and it could reverse the trend or push the price back towards its mean.

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Technical AnalysisBy sharptrader

EUR/USD- upward trend may continue

The EUR/USD pair is consolidating within its resistance zone on a 30 minute time frame. This means that there may not be enough selling pressure at this zone and the bulls may be able to break through this zone. The price is trading above the 50 day (shown in green) and the 100 day (shown in yellow) moving averages which further confirms that the bulls are in control of the price.

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Technical AnalysisBy sharptrader

GBP/USD- Technical Analysis

The GBP/USD pair has broken its upward trend line on a 30 minute time. The price is trading below the 50 day (shown in green) and the 100day (shown in yellow) moving averages which means that the bears are in control. Moreover, the price is also respecting its downward trend line and has failed so far to break this line to the upside which further confirms the above argument.

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Technical AnalysisBy sharptrader

More Bearish pressure may continue for Barclays

Barclays is still trading away from its any meaningful support zone on a 4 hour time frame. The price may continue its downward move before it reaches its first minor support zone which is around the 280 level. The price is piercing the Bollinger band, but this may not have much importance due to a lack of an important level of support. However, it is the RSI which is trading in an oversold zone which could strengthen the case for the bulls and could perhaps give a little support for the price action.

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Technical AnalysisBy sharptrader

BP Could Be a Buy Opportunity Now!

BP is trading in a support zone on a 4 hour time frame. This support zone does have a significant importance because of two reasons which as follow. Firstly, this is the fresh level, by that what we mean is that the price is visiting this level of support for the first time. Finally, there was a gap up from this level which confirms that there could be lots of buyers sitting at this level and if such is the case the price should not consolidate at this level.

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Technical AnalysisBy sharptrader

AUD/NZD- Trading in a Support Zone, Will you buy?

The AUD/NZD pair is trading in a support zone on a daily time frame. The price has broken the downward trend to the downside which confirms that the strength for this trend. The volatility for the pair is also high as the pair is piercing the Bollinger band and it is trading away from its 20 day moving average.

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Technical AnalysisBy sharptrader