Chart of the Day – Silver XAGUSD- (September 4th 2019)
The Silver market has exploded higher reaching what may be called a “Fever Pitch” as the DSI (daily sentiment index) is at extreme readings and RSI is extremely overbought.
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Chart of the Day – EURUSD- (September 3rd 2019)
The EURUSD found support ahead of the 161% extension of the May lows to June highs near the 1.0920 level.
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.
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- (May 13th 2019)
Bitcoin has spent all of 2019 building a strong base that it has rallied from.
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.