Chart of the Day -EURNZD – (April 4th 2019)

One of our traders in our Forex Analytix community chat rooms (guyr) brought the EURNZD inverted head and shoulder’s pattern to our attention.

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.

Chart of the Day -GBPNZD – (April 2nd 2019)

We are not sure if the upper end of the 1.9000-1.9550 channel will be broken, but it is a risk this time around as the GBP is starting to look constructive against other pairs as well.

Chart of the Day -EURJPY – (March 28th 2019)

There is no doubt that the EURJPY has a lot of support from the 123.80-124.00 level, but the recent shallow bounce and flag pattern suggest a break down may happen soon.

Chart of the Day -Gold XAUUSD – (March 26th 2019)

Gold has spent the month of March moving higher in a channel, but the last couple sessions we have stalled at the 61.8% retracement of the February highs to March lows at $1321.

Chart of the Day -10yr Bond Market (ZN) – (March 25th 2019)

The break higher continues in the 10yr bond market however the 161% extension is being tested.