Chart of the Day -USDCHF- (April 17th 2019)
Earlier this year, the USDCHF rallied past this multi-year trend line and reversed course? Will it happen again?
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Author Archive for: bmorrow
Entries by Blake Morrow
Chart of the Day -AUDJPY- (April 16th 2019)
The AUDJPY broke out of the 2019 range and into new yearly highs last week. As long as we remain above the 79.80 level the risk remains to the upside.
Chart of the Day -EURJPY – (April 11th 2019)
The EURJPY is at multi week highs and testing the key 61.8% Fibonacci retracement.
Chart of the Day -USDMXN – (April 10th 2019)
The USDMXN has been trading abnormally heavy the last couple sessions and is now at risk at a break lower out of the long term daily triangle.
Chart of the Day -10yr Bund – (April 9th 2019)
Ahead of the ECB decision the German 10yr BUND is at an inflection point with the 166.66 breakout point and channel support being tested.
Chart of the Day -AUDUSD – (April 8th 2019)
The AUDUSD has been in a tight consolidation for the last 5 weeks, but we are now at the triangle resistance.
Chart of the Day -EURNZD – (April 4th 2019)
One of our traders in our Forex Analytix community chat rooms (guyr) brought the EURNZD inverted head and shoulder’s pattern to our attention.
Chart of the Day -BTCUSD – (April 3rd 2019)
If you have been following our Bitcoin analysis on Forex Analaytix for the last couple weeks, we have been bullish on the instrument as we had a bullish wedge develop and then subsequently breakout higher.
Chart of the Day -GBPNZD – (April 2nd 2019)
We are not sure if the upper end of the 1.9000-1.9550 channel will be broken, but it is a risk this time around as the GBP is starting to look constructive against other pairs as well.