Technische Analyse | Sharp Trader

Copper – Fundamental vs Technical

Fundamental Analysis The weakness in the US Non Farm payroll data released last Friday is sill maintaining its impact on metal. The impact is twofold, firstly it is the weakness in the dollar which has pushed the price of the copper and other metals higher. Secondly, traders have started to scale back on their speculations…

Technical AnalysisBy sharptrader

GBP/USD- Above its 50 & 100 MA, will you trade?

The GBP/USD pair is moving in a sideway pattern on a 30 minute time frame. The price is trading above its 50 day (shown in yellow) and the 100 day (shown in red) moving averages which means that the bias is towards the upside because the bulls are taking the control. The volatility is for…

Technical AnalysisBy sharptrader

Crude Oil – Fundamental vs Technicals

Fundamental Analysis The Iran nuclear deal is a massive blow for the oil price and we could see the crude oil price falling to a 30 dollar very easily. This deal actually represents 1 million b/d of extra oil on the market so net effect on the supply equation will be nearly 2 million of…

Technical AnalysisBy sharptrader

Gold- Fundamental vs Technical Analysis

Fundamental The precious metal could face higher volatility as we approach towards the Friday’s US non farm payroll number. As we mentioned in our morning notes, the expectations are that we may actually see a weak number which could push the dollar lower against the yellow metal. The US factory orders data which is due…

Technical AnalysisBy sharptrader

Copper- Fundamental vs Technical Analysis

Fundamental Analysis The Chinese PMI data was emboldening on every angle however, it has dampen the speculations in the market for more QE, which is the biggest addiction for the market these days. Hence we are not experiencing any mammoth move for copper today. However, later in the day, we have raft of economic data…

Technical AnalysisBy sharptrader

USD/JPY- Bounced from its support zone

The USD/JPY pair bounced from its strong support zone which is mentioned below. Although, this was not a fresh zone but the move from this zone has been very hefty. The price has crossed the 50day (shown in red) and the 100 day (shown in yellow) moving averages and this confirms that the power has…

Technical AnalysisBy sharptrader