Forex Analytix

We have been looking for levels to be long the USDJPY and the moves towards the 113.00 level continue to find buyers. The whole move in September looks very impulsive, which also means that dips may...

NZD/USD has broken the two-week consolidation lower as it was being held at the 61.8% retracement of the February 2021 highs to August 2021 lows at .7212.The break of the .7140 level trigged selling...

EUR/AUD has completed a head and shoulder pattern after it's breakdown a few weeks ago on Oct. 6th. The RSI is divergent, oversold as we hit the 88.6 Fibonacci retracement. The completion also comes...

The US 10-year bond market broke the wedge lower the last couple sessions and is getting comfortable below previous support (current resistance) at 103'26. The risk is a continuation lower to the...

USD/JPY broke higher out of a long term consolidation yesterday. When a move like this happens people want to know: 1) Will it continue? 2) Should I be a buyer? Today, I don't think the answers are...

The EURUSD is back on our radar. Back on Aug. 30, the EUR/USD was our "Chart of the Day" and we expected a move back to 1.1900. We hit 1.190X and reversed and now we are looking for a move that...

The EUR/AUD was trying to develop a head and shoulder pattern Monday, with key support (neckline) at the 1.5900 level. If you think stocks are "oversold" then you may want to look at the EUR/AUD and a...

A month ago, we had the NASDAQ 100 as our chart of the day and warned we were at the top of the channel with some strong divergent RSI. Since then, the index has rolled over and may be forming a...

After trading towards .7100 a few weeks ago, the AUD/USD has traded with a relative "bid tone" and is holding onto some strong technical levels near term. Although the pair has "underperformed" risk...

A bull flag or a breakdown? That's the question which should be answered following the CPI data today in North American trade.Inflation metrics have been running hot as of late and CPI data has either...

AUD/USD was developing a triangle pattern yesterday. We are near the APX of this pattern and a breakout may be imminent. In recent weeks, I have been bearish, anticipating a head and shoulder pattern,...

The NASDAQ Composite is developing a  nice bullish wedge (consistent highs and higher lows) is developing, and with yesterday's move lower the wedge support at the 50% retracement at the 13291...

The EUR/JPY has struggled to make much gains above the 130.00 level the last couple weeks despite “risk assets” like the US equity markets surging to all time highs. If you are bullish,...

The Nikkei 225 should be in focus near term as the Japanese market is setting up a symmetrical triangle.With the big moves in the JPY overnight with USDJPY back below the 108.35 support and Some of...

Cryptos have been hot! With the Coinbase (NASDAQ:COIN) IPO, Coinbase surged on its first day trading and it took higher most of the "crypto space" and Ethereum was one of the leaders.The breakout...

After holding the dip at 1680, we are back at the 1760 resistance which could signal a move back to the 1840 level on a close above this resistance tomorrow. In currencies, the USD/JPY has a strong...