USDJPY: The Big Change in Cycle
The recent BoJ action has caused the JPY to move sharply – what do technicals show going forward?
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Oil Exhibits Wild Moves – How, Why, What’s Next?
A lot has been said about oil in the past days, and we have seen unprecedented price action. There has been some serious misunderstanding as to what this price action actually represented, so we will try to explain our take on it.
Gold: a counter-trend opportunity
Hello traders, Its been awhile since I published a free analysis here on forexanaltix, so I think it’s about time. The main reason why I wasn’t active a lot it’s because of a low volatility on the FX market. So rather than just looking at currencies I think it’s very important to track other markets […]
Crude Oil reversed lower from key level. What should we expect going forward?
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 dynamics of the USD, Gold and CNH
During the past few years there has been a good correlation between the Gold and CNH. The Chinese Yuan has been a good proxy for US Dollar relative performance and risk on / risk off flows. As the Dollar strengthens, USDCNH naturally rises and vice versa.
The USD showed the potential to breakdown against many majors
The USD (DXY) has been range bound for months, and mostly this is a product of many cross currents in the markets. Equity market volatility, weakness of fundamental data globally stating to seep in, the FOMC looking to be at the end of their hike cycle, China and US trade war brewing, and the list […]
US Equities have rolled over but is this the market top?
The US equity markets are trading heavy after a strong selloff, is there more selling to come?