Forex Analytix Day Ahead in Trading October 29th, 2024
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Description
Blake Morrow of Forex Analytix discusses the corporate month end US Dollar buying hitting the market today sending the EURUSD to 1.0770's and USDJPY near 154.00. Lack of liquidity may be an issue all day long for USD buyers as they push the market ahead. He also discusses the resilience of the GBP ahead of the UK budget.
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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...
Published 11/27/24
Blake Morrow talks about the massive moves we are seeing in the markets overnight as President Elect Trump announced his tariff intention on Canada and Mexico, putting a lot of volatility in the FX markets overnight. Also, the AUD CPI and RBNZ is upcoming which could have some key moves develop...
Published 11/26/24
Published 11/26/24
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