Análisis técnico | Sharp Trader

USD/JPY- Symmetrical triangle pattern broken to the downside.

The USD/JPY is breaking out of the symmetrical triangle pattern on a 60 minute time frame. If the pattern plays out completely, then we could easily see the price going to a minor support area (mentioned below). The price is also trading below the 50day (shown in green) and the 100 day (shown in yellow)…

Technical AnalysisPor sharptrader

GBP/USD- Trading in an upward channel

The GBP/USD has broken its downward channel (shown with purple lines) to the upside on a 60 minute time. The pair has reversed its direction and it is trading in an upward channel (shown with yellow lines). The volatility for the EUR/USD is low as it is trading within the Bollinger band and close to its…

Technical AnalysisPor sharptrader

EUR/USD- Upward move could take place soon

The EUR/USD pair is trading in a symmetrical triangle pattern on a 60 minute time frame. The price is near the resistance level, but it is trading above the 50 day (shown in green) and 100 day (shown in yellow) moving average, which means that the bulls are in control of the price and the…

Technical AnalysisPor sharptrader

DAX- Technical Analysis

The DAX index has clearly broken out of its upward channel (purple lines) on a daily time frame. However, after a little correction we can see that the price has bounced back up from the 61.8% retracement level of Fibonacci. This is an important signal because this represents the strength for the overall bull trend.…

Technical AnalysisPor sharptrader

USD/JPY- Fell from resistance (77 pips) as PREDICTED, what Now

The USD/JPY fell from its resistance on a 60 minute time frame as predicted. The resistance zone was given in our analysis on the 7th of February. If you have been able to catch this move, a trailing stop or any other kind of stop strategy may help you to lock in some profit, while…

Technical AnalysisPor sharptrader

EUR/USD- Technical Analysis

The EUR/USD bounced from its upward line on a 30 minute 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 or…

Technical AnalysisPor sharptrader