Posts

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.

Chart of the Day – Bitcoin BTCUSD – (August 21st 2019)

Bitcoin has spent the summer consolidating in what is apparently a triangle. However, the last two weeks we have been skirting along triangle support at 9700.

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.

Bitcoin, the future or just a gamble? (2)

This week we saw Bitcoin breach the $10,000 mark and continue in a near-vertical ascent that has some people scratching their heads and others celebrating their incredible gains.