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.
Click here to open Help
Author Archive for: Vulgi
Entries by Steve Voulgaridis
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.
Gold breaks higher after 6 years of consolidation
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 dollar is in danger of breaking down!
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 […]
Chart of the Day -Crude Oil- (May 2nd 2019)
Following up on Sunday’s blog post (read it HERE), crude has now broken below the horizontal support area and the ascending channel’s support (both confluenced at $63.75).
Crude Oil reversed lower from key level. What should we expect going forward?
Crude Oil is quite a peculiar instrument to trade, given that its supply side has been managed for decades. If we look at a multi-year chart, there was a very evident move which happened in 2014. The drop from over $100 to $40 was very sharp and relentless, and it was driven mostly by the […]
Chart of the Day -USDCHF- (April 23rd 2019)
After multiple tests of a multiyear wedge’s resistance the Swissy has finally broken out today.