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Anthony Bradley's Trading Journal
Anthony Bradley's Trading Journal

Stock, Options, and Forex Analysis and Journal

May 10, 2021February 10, 2023

Forex Analysis | May 10, 2021

Equities are barely moving today, I’ll take the baskets at face value.

USD – N – This is pushing down again today but it’s near a pretty strong support area and looks a bit extended. I’ll hold off

CAD – N – Pushing up some today, but doesn’t look ready to breakout

EUR – N – This dropped a lot today, but it stalled at some support and is still within a range

GBP – N – Huge spike this morning, there’s no way this isn’t extended

JPY – S – There’s not a ton of movement here, but it did push down more than it has in the last few days and has taken out some support. It doesn’t look extended, but it looks like there’s a base/rally forming, I guess this might be a decent short, but I’m not excited. I’ll look, who cares

AUD – N – This is up a bit on the day, but it was up a lot further, stalled at some resistance and dropped back to essential it’s open. I’ll leave this alone

NZD – N – This is up a bit on the day, but it’s mostly basing (has been for ~4 days). Looking at the 4h chart, I’m also seeing candles with small bodies and long wicks. I don’t love it

CHF – N – This looks like it wants to break to the upside as it took out some resistance on Friday. Today, though, it failed to get as high as Friday’s highs and has pulled back to it’s open. I’ll leave it alone

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