Οι ντρίμπλες της αγοράς
March 20, 2017
Time and price projections … για τις τράπεζες
March 21, 2017

Today is the first time  I’m happy to share two charts from a Trading Warrior Brother of mine Jess Midas, who’s work I admire and appreciate. I hope he finds more time to share his thoughts on the fx market. Here are his first two charts that he shares through Trading2day.com and who is Jess?

Jess Midas ,  uses fundamental analysis with Supply and Demand technical zones… He drills down and looks for trendline with price action and momentum on lower time frames as confluence for trading direction at SD zones

EUR/CAD

EUR/NZD

GBPUSD is getting rejected at the trend line resistance. A pull back towards 1.22-1.23 is expected where I would re-think long positions.

EURUSD continues to produce bearish divergence signals around 1.0770 and I believe we are going to see 1.07 or lower soon.

USDCAD

I continue to expect a bounce towards 1.34. Long-term view for a push towards 1.20 is still valid and will be confirmed below 1.30. However if we make a higher low around 1.32, we should also keep in mind that there is also a chance for a move towards 1.40 first. Short-term I see selling pressures from 1.34 to 1.32

USDX

Bullish divergence in the 4 hour chart.

Thank you for taking the time to catch up on my thinking and I also hope you appreciate the charts by friend Jess Midas.

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.