Posts

Chart of the Day – EURUSD – (November 5th 2019)

Following a strong move higher that breached through several areas of resistance, the EURUSD is in danger of posting a double top if it fails from current support level.

Chart of the Day – NZDUSD – (November 4th 2019)

Kiwi has developed an inverted H&S formation where the head is a prior H&S formation indicated previously in our analysis.

Chart of the Day – EURUSD- (September 3rd 2019)

The EURUSD found support ahead of the 161% extension of the May lows to June highs near the 1.0920 level.

Chart of the Day – Silver – (August 29th 2019)

Silver posted today an outside spinning top after a relentless 3 month rally higher.

Chart of the Day – Gold / Silver Ratio – (August 28th 2019)

The Gold silver ratio reversed lower last month from an almost all time record high (above 93).

Chart of the Day – GBPUSD – (August 22nd 2019)

The GBPUSD (Cable) has broken above the neckline of an inverted H&S formation on the 4h chart, following the positive statements form Merkel regarding a Brexit deal.

Chart of the Day -DXY- (June 4th 2019)

The double top in the US Dollar index is testing the neckline which is very important support at the 97.00 level for a few reasons.

Chart of the Day -USDSEK- (Nov. 19th 2018)

The USDSEK is not a currency we cover at Forex Analytix, or a currency pair I trade much. However, it does represent a pair I personally follow for a specific reason. Sometimes, the pair can be a leading indicator on what we may see in the broad USD Index.