Blake Morrow
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pipczar.bsky.social
Blake Morrow
@pipczar.bsky.social
Independent Trader, Co-Founder Forex Analytix. Father & Husband who lives, eats and breathes the markets. My trades, my ideas teufel-hunden USMC 0311
The US Dollar rallied hard today to the 127% extension of the 2023 highs to 2024 lows. This could be the 5th wave of a final push higher in the US Dollar with some leftover USD buying to do into year end today. Back below 108.00 would be a bearish event. #USD #USDollar
January 3, 2025 at 1:32 AM
Grabbed the wrong chart, argh!
December 18, 2024 at 2:01 PM
The 6035 support for the #SPX held like a boss yesterday and remains the "bull/bear line" for the stock market post #FOMC today
December 18, 2024 at 1:36 PM
Intraday Update: The #GBPUSD is consolidating below the key 61.8% retracement at the 1.2736 and this will be strong resistance post FOMC should the US Dollar see some weakness. Support intraday is at 1.2670.
December 18, 2024 at 1:35 PM
Asian Session Update: #Bitcoin is nearing channel resistance, intraday RSI's are pointing higher but the 161% extension is about $600 away. Bulls should be careful now.
December 16, 2024 at 12:40 AM
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 12:00 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 3:15 PM
German #DAX is above the 161% extension and going parabolic
December 4, 2024 at 1:39 PM
Intraday Update: The #Crudeoil market is tightening inside the well worn range, but also in a triangle formation as identified yesterday. Triangle resistance held at the 70.50 level and will be key resistance today. Support is back near the 68.00 level.
December 4, 2024 at 1:39 PM
Bearish wedge breakdown may close below the key 152.00 level and 200dma now in the #USDJPY
November 27, 2024 at 12:46 PM
Intraday Update: With yields moving lower, the #USDJPY should be in focus as it is developing a bearish wedge. Support is at the 153.30 with resistance near 155.00. If yields continue lower a breakdown would be the risk.
November 25, 2024 at 4:33 PM
I guess so.
November 21, 2024 at 4:50 PM
This US Dollar is moving like someone knows something about something (hint: Treasury Sec) #DXY
November 21, 2024 at 4:27 PM
The 127% extension in #natgas is still a bit away at 3.54 which is about 4.5% away
November 21, 2024 at 1:03 PM
Big resistance in #Natgas
November 20, 2024 at 5:09 PM
#USDCAD tests previous 2022 highs post CPI. Dips below the 1.4000 level are being bought.
November 19, 2024 at 2:03 PM
If you are playing the #USDCAD breakout above 1.40, the 1.4041 and 1.4000 levels are of interest. Going to be a lot of buyers on this dip now. #forex
November 18, 2024 at 4:01 PM