Author Archive for: Vulgi
Entries by Steve Voulgaridis
The Cable remains bearish against 1.20
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 […]
Gold: a counter-trend opportunity
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 […]
Chart of the Day – EURUSD – (November 5th 2019)
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.
Chart of the Day – NZDUSD – (November 4th 2019)
Kiwi has developed an inverted H&S formation where the head is a prior H&S formation indicated previously in our analysis.
Chart of the Day – Silver – (August 29th 2019)
Silver posted today an outside spinning top after a relentless 3 month rally higher.
Chart of the Day – Gold / Silver Ratio – (August 28th 2019)
The Gold silver ratio reversed lower last month from an almost all time record high (above 93).
Chart of the Day – GBPUSD – (August 22nd 2019)
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.