Technische Analyse | Sharp Trader

USD/JPY- Symmetrical triangle formed, will you trade?

The USD/JPY pair is trading in a symmetrical triangle pattern on a 60 minute time frame. These patterns are usually on the bottom when its comes to fulfilling their projections. However, they do usually break in the direction of the trend and from a bigger time frame we do know that the trend is towards…

Technical AnalysisBy sharptrader

EUR/JPY- Trading in an upward channel

The EUR/JPY pair is trading in an upward channel on a 60 minute time frame. As long as the price is trading within this channel, the bias remains towards the upside. The pair is finding its support near the 50 day (shown in red) and the 100 day (shown in yellow) moving averages and a…

Technical AnalysisBy sharptrader

GBP/USD- uptrend is weak

The GBP/USD pair is trading above its upward trend line on a 4 hour time frame. The volatility for the pair is low as it is trading within Bollinger band and close enough to its moving average. In terms of trend, as long as the prize stays above its upward trend line, the bias could…

Technical AnalysisBy sharptrader

Downward trend losing steam

Silver has broken its downward trend line on a 4 hour minute time frame. The volatility for the price action is modestly higher as it is trading near the upper band of the Bollinger band and far enough from its 20 day moving average. However, the Bollinger band is a good tool to determine the…

Technical AnalysisBy sharptrader

Copper; Fundamental Vs Technical Analysis

Russia pulling out of Ukraine on Feb 15 is a good news, which is reflected in Rubble clearly, and if there is more stability in the region and both sides do respect the cease fire unlike the past few times, it is a good news for copper demand, because recent events have resulted in…

Technical AnalysisBy sharptrader

Apple all time high, will you trade?

Apple has made another record high on its price. There price has pierced the bollinger band which means that the volatility is extremely high as the price is trading very far enough from its 20 day moving average. The stock is maintaining its upwards trend as this is confirmed by the upward trend line which…

Technical AnalysisBy sharptrader