Βγήκαμε για κυνήγι σε intraday…
February 20, 2017
Κυματική θεωρία και τα κύματα Β
February 20, 2017

Good morning traders…..Last Friday in EURUSD we caught both the top and the lows as I expected a rejection around 1.0670 where the cloud resistance was found and a pull back towards 1.06. The analysis was posted here and also tweeted.

The Dollar index is in a neutral area. Above 101.70 we have confirmation of an important low at 99.25 and the start of a new bull trend towards 105-110, but below the neckline at 99.25 we have confirmation of the Head and Shoulders pattern.

usdxd

My view for USDCAD remains bearish targeting 1.28 for the short-term. I expected 1.31 to sell again and I did it last week. I’m short looking for 1.28 area to take profits.

usdcad

More analysis on other pairs in the comments area. Have a nice day.

Alexandros Yfantis
Alexandros Yfantis
Fascinated by financial markets, studied International Securities Investment and Banking in the UK, works as a Portfolio Manager in Greece and runs a technical analysis website. Enjoys travelling and spending time with his family and preparing for the black belt in Korean Karate.