Commodities
Blake Morrow’s Chart of The Day – May 7th 2021
GOLD Gold broke the 1800 level resistance today, and while above the 1800 level the risk is for a move...
Forex
Macro Tides – “Dollar Index Above 100.00 in 2022”
Jim Welsh https://www.macrotides.com/ JWelsh@SmartPortfolios.com
Market Overview
Bank of England Takes the Foot off the Pedal
* Bank of England leaves QE, rates unchanged* Slows pace of weekly purchases suggesting hawkish bias* Cable responds positively Bank...
Market Overview
Post-Holiday Blues in China While UK Sends Navy Vessels to Deter French Fisherman Blockade of Jersey
Overview: China returned from its extended May Day holiday to find fresh confrontation over its domestic and international actions. Its equity market...
Market Overview
Daily TA & Trade Ideas – May 6th 2021
Jason Sen, Director https://www.daytradeideas.co.uk
Forex
Blake Morrow’s Chart of The Day – May 6th 2021
NZDJPY We have identified this wedge setup for the last couple weeks on the NZDJPY, but we are now at...
Market Overview
Are Investors About to Be Burned By Recency Bias?
* Data points flash warning for the market* Was the past forty years an anomaly?* Why many favorable trends may...