Forex Analytix Day Ahead in Trading October 7th, 2024
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Blake Morrow discusses the selloff in the US Dollar as the EURUSD is nearing 1.1000 and USDJPY slumped from above the 149.00 level to below 148.00. He also talks about the rally in crude and how gold is still holding up well for bulls.
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Blake Morrow discusses the USD breakdown as the EURUSD rallies towards the 1.0600 level and GBPUSD towards 1.2700 as it clears the 1.2620 resistance. USDJPY has broken below 152.00 which has been a major pivot, and the SPX, DOW, NASDAQ and Russell2000 are all near all time highs as we head into a...
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