EUR/CHF About to Pop Higher?
The EUR/CHF is a forgotten currency pair and rightly so because it hardly moves. So why bother writing about it?...
Blake Morrow’s Chart of The Day – Feb 9th 2021
USDJPY The last two trading sessions the USDJPY failed to close above the 200dma which means this level will be...
Thoughts on EUR/USD at 1.20ish
The EUR/USD has finally dipped back to long-term support around 1.20ish and I see a lot of bearish commentary around...
CAD/JPY Could Follow GBP/JPY Lead and Break Higher
Thanks to ongoing risk-on and reflationary trades, stock and crude oil markets extended their gains on Thursday, while safe-haven Japanese...
Blake Morrow’s Chart of The Day – Feb 5th 2021
GBPAUD Following the BoE decision and the fact that they are backing away from the idea of negative rates allowed...
Blake Morrow’s Chart of The Day – Feb 4th 2021
NZDUSD Yesterday's strong employment data pushed the pair to the 0.7220's wedge resistance. We have been monitoring this wedge for...
Macro Tides – “Euro Strength and Outlook”
Foreign currency traders have taken a large long position in the Euro which has helped it rally +15.6% versus the...
Blake Morrow’s Chart of The Day – Feb 3rd 2021
EURUSD The EURUSD has great risk reward for longs while above the 1.2000 level. It seems pretty clear a break...