The EURUSD has developed a triangle consolidation despite the AB=CD pattern pointing lower. Obviously, the risk moving forward is the China/US trade deal in the coming days.
Crude Oil is quite a peculiar instrument to trade, given that its supply side has been managed for decades. If we look at a multi-year chart, there was a very evident move which happened in 2014. The drop from over $100 to $40 was very sharp and relentless, and it was driven mostly by the […]
The DXY is in the middle of the range, and also testing the 61.8% retracement.
The break higher continues in the 10yr bond market however the 161% extension is being tested.
The EURUSD has finally cracked the multi month range lows and seems to be breaking lower (finally!) to test the 127% extension of the last rally.
The USDSEK is not a currency pair that Forex Analytix commonly follows, but at times it is worth noting.
The US Dollar has given up ground today as the FOMC statement and press conference came off fairly dovish.