Philipp Merkatz
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philippmerkatz.bsky.social
Philipp Merkatz
@philippmerkatz.bsky.social
Independent Trader. Husband who lives, eats, and breathes the market. Lectures & workshops on reframing the mainstream narrative around road safety/road violence and active transportation. But mostly catching up on vacuuming.
Intraday Update: The #USDJPY has bounced back to the 38% retracement of the Nov 14th high to Dec 3rd low. The 152.00 level has been a massive pivot since Oct 2022, so the 151.80 level (38%) may offer strong resistance (or just above) today.
December 10, 2024 at 10:20 PM
Intraday Update: Following the NFP and Canadian jobs report, the #USDCAD is at the 78% retracement. The unemployment rate in Canada has sent the CAD reeling lower and could test the 141.80/1.4200 level if the US Dollar continues to recover today.
December 6, 2024 at 6:36 PM
German #DAX is above the 161% extension and going parabolic
December 6, 2024 at 6:31 PM
This US Dollar is moving like someone knows something about something (hint: Treasury Sec) #DXY
November 23, 2024 at 4:39 AM
Man they love this image
November 21, 2024 at 10:48 AM
Big resistance in #Natgas
November 21, 2024 at 9:28 AM
Intraday Update: #EURUSD pivoting off flag support as the 1.0600 level remains key resistance for the pair. It's flag resistance and the 61.8% retracement. A move below the 1.0540 would target 1.0500 once again.
November 21, 2024 at 9:17 AM
#EURCHF created a false breakdown thanks to the overnight news out of Russia. This could lead the pair back to the 50dma.
November 21, 2024 at 9:11 AM
#USDCAD tests previous 2022 highs post CPI. Dips below the 1.4000 level are being bought.
November 21, 2024 at 9:07 AM
Intraday Update: The #EURUSD may be developing a bear flag pattern while below the 1.0600 level resistance. Support would be the spike lows following the headlines out of Russia at 1.0523.
November 21, 2024 at 8:50 AM