The Cable lost its upside momentum in the middle of December after a strong (12%) rally higher and the 3 month period of consolidation that followed ended with the pair accelerating lower to test the 1.14 area just last week. It has since managed to rebound to back-test the 1.1950 – 1.20 area which from […]
Author Archive for: Vulgi
About Steve Voulgaridis
Steve’s academic studies include a bachelor degree in Business Administration and one in Finance. Steve has been actively engaged with the world of Finance and the financial markets since 2005. He started his career as an individual trader managing personal and family funds and within a few years progressed to become a consultant and trader for a private fund.
Due to his educational background, Steve uses Macroeconomic theory and the study of fundamentals, to build a top – down, long term view of the markets. Additionally, the tools of trade he uses to analyze their daily movements are comprised of Classical Chart Patterns, Candlestick Patterns, Fibonacci and Elliot Wave Theory.
Steve is an avid lover of sciences (with economics being the prominent one in his heart) and has always dedicated part of his free time studying them. He likes to spend the rest of his free time doing sports (tennis, basketball, football, sailing), socializing with friends and travelling.
Steve is happily married since 2014 with 1 baby boy and 2 feline companions (cats) completing his household family.
Entries by Steve Voulgaridis
Hello traders, Its been awhile since I published a free analysis here on forexanaltix, so I think it’s about time. The main reason why I wasn’t active a lot it’s because of a low volatility on the FX market. So rather than just looking at currencies I think it’s very important to track other markets […]
Following a strong move higher that breached through several areas of resistance, the EURUSD is in danger of posting a double top if it fails from current support level.
Kiwi has developed an inverted H&S formation where the head is a prior H&S formation indicated previously in our analysis.
Silver posted today an outside spinning top after a relentless 3 month rally higher.
The Gold silver ratio reversed lower last month from an almost all time record high (above 93).
The GBPUSD (Cable) has broken above the neckline of an inverted H&S formation on the 4h chart, following the positive statements form Merkel regarding a Brexit deal.
Gold finally broke out higher from multi-year resistance, and that has certainly caught the market’s attention. Attempts have been made to explain this move, but what are really the factors that move Gold – both in the short term as well as the long term?
The US Dollar has seen an impressive reversal in the past few sessions, and this can be mostly attributed to the reversal seen within the Fed, over the past months. If we recall, only six months ago, the Fed was in “autopilot” mode: tightening bias and unwinding of the balance sheet. Since then, the Fed’s […]