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 -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 -AUDUSD- (Jan. 31th 2019)

Since the AUDUSD rallied from the late North American session selloff from a couple weeks back, the rally has stalled at the 200DMA.