Forex Analytix

The USD/CNH is breaking out of a triangle today ahead of key Chinese data. On Wednesday morning in Asian trade, China will release retail sales, GDPA break above this level is sure to trigger a...

A lot of times traders like to "assume" something is going to happen without having enough evidence. They "front run" their own trade idea thinking they are confident they will be right. This is a...

Even though stocks are higher because of this, don’t get too excited that US 30-year yields look like they have found resistance near term. From the looks of it, we have, at least until Friday...

The GBP/USD is at key support ahead of the Bank of EnglandAhead of the Bank of England rate decision tomorrow the GBPUSD has slumped to the 1.2700 level, and more specifically channel support at...

The USD/CHF stalled ahead of the .8800 level breakdown point and at the 38% retracement at .8781. While below the .8800 level, the risk is for a move back toward the .8551 trend low.This is considered...

The Bearish Wedge in GBP/USD keeps the long-term "Double Top" the big risk for the pair. A big rejection of the descending and bearish wedge trend line (and 50dma) will keep the bearish bias intact as...

Friday morning in Asian trade we will be seeing a couple of things that could put in some volatility in the USD/JPY. Number 1 would be the inflation data being released at 8:30 pm ET. Also, BOJ...

Although most of the traders in the Forex Analytix community have turned bearish on the AUD/USD over the last week, it's important to talk about "why" that is technically and show you where we are...

One of the traders in the Forex Analytix community (Grasshopper) pointed out that the United States 10-Year Yields are developing an inverted head and shoulder pattern, which may lead (on a breakout)...

Now that the market is past the CPI in Australia (strong data overnight), the market can look past that and towards the ECB next week. The ECB has been one of the more hawkish Central Banks recently,...

The S&P 500 was creeping higher since the end of December, but we kept reminding our members that the trend remained lower as long as we kept respecting the descending channel.Today's rejection...

Crude at a Major Pivot PointCrude Oil has reached a major pivot point of its move lower that started last year in March and we are about to find out if the trend higher will be restored or if we will...

The AUD/USD is testing the confluence of the 78.6% Fib and the ascending channel's T/L resistance ahead of the data tomorrow.A dollar bearish outcome (lower than expected inflation) should produce a...

The S&P 500 reacted strongly higher following the nonfarm payrolls with the only fundamental excuse being weaker wage growth. Today's price action puts that rally in question.The rebound higher so...

The USD/CNH reversed lower last October and rode the USD weakness. In early December we broke through an H&S formation pattern and after an S/T consolidation, we seem to be resuming the...

About To Break Higher?The US dollar index had a strong day to start the year and it is threatening a break higher after a 3-month move lower from the multi-year highs. We are currently testing the...