Chart of the Day -XAGUSD (Silver) – (Feb 21st 2019)
The Silver market has potentially double topped. More importantly, this is happening at a key Fibonacci level and previous support from the lows back in April 2018.
Click here to open Help
Posts
Chart of the Day -EURAUD- (Feb 20th 2019)
A breakout higher or lower out of this triangle will happen following the Australian employment data tonight.
Chart of the Day -AUDUSD- (Feb 18th 2019)
The AUDUSD has a bear flag setting up before some key economic events.
Chart of the Day -XAUUSD- (Feb 14th 2019)
Gold has spent the last couple of weeks consolidating its gains in what looks like a bull flag.
Chart of the Day -USDCHF- (Feb 12th 2019)
The USDCHF rally has been very strong in the last several weeks from the beginning of the year, but the pair has ran into a wall of resistance at the multiyear trend line that spawns back from the end of 2016.
Chart of the Day -USDMXN- (Feb 11th 2019)
Consolidation patterns, like a triangle, can be very explosive patterns when it comes to the markets because the market is “winding up” for so long.
Chart of the Day -AUDJPY- (Feb 6th 2019)
The AUDJPY fell aggressively overnight to channel support following RBA Governor Lowe’s comments about the path of the next rate move would be.
Chart of the Day -USDSEK- (Feb 4th 2019)
The USDSEK is not a currency pair that Forex Analytix commonly follows, but at times it is worth noting.
Chart of the Day -USDCAD- (Feb 1st 2019)
The USDCAD will apparently close the week below the 200DMA.