Forex Analytix

The USD/JPY reversed hard today after producing a short-term false break higher from the descending channel.  This might be the start of another leg lower gunning for a lower low. 139.57 is the 1st...

The AUD/USD is testing for the 3rd consecutive day the long-term symmetrical triangle’s T/L resistance at 0.6885. A break above it confirms the move that the Kiwi has already done and opens a lot...

The US Dollar Index (DXY) is breaking down from the symmetrical triangle it was stuck in during the past month. This opens as a 1st target 100 with 99.40 following. Keep looking lower against 101.88....

The USD/JPY has reached the first resistance area which is the confluence of the S/T descending channel’s T/L resistance and 23.6% Fib of the move lower from the multi-year highs to the 139.57 low at...

If you tuned into our FACE show yesterday, June 26th, you would have caught the discussion between Blake and me talking about USD/JPY. As you know the pair is trading higher, breaking above 160.22...

PBOC Governor Pan spoke overnight and confirmed that they are still looking to continue their accommodative stance, albeit with no big changes likely. One thing they did touch on was that they are...

The 10-year notes, or "ZN's" are nearing some key resistance. The 50dma and 200dma (orange/red) moving averages have been intertwined for most of 2024 as price action has consolidated in this tight...

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)...