Entries by Blake Morrow

Gold Breakdown Could Add to JPY Woes

In recent weeks, we have been looking for a breakdown in the JPY. If you read this post from two weeks ago, we outlined equities and bonds which may be the catalyst. Today, we have seen gold break a major support of $1300, which technically is a “bearish wedge” pattern. The first target from the […]

Is the USD/JPY at Risk of a Rally?

Markets are worried about the idea that central banks have used up all available tools to keep rates low, and from current levels we may start to see them rise. The bond markets have sold off from the 30yr to 10yr Treasury’s, Bunds, etc. Global equities haven’t taken this idea well, and over the last […]

Forex Chart Pattern Guide

I love chart patterns. I know that sounds a little cliché, or funny, but I love chart patterns since they help us forge a trading plan in the markets. Knowing what different patterns are in the market not only help us with a plan for when to enter the market, but also assist us in […]