5/18 Forex

Two new breakouts among the 124 currency pairs I follow. A third, PLN/HUF, is close to a breakout.

sym	phase	adx	bday	blevel	stop	atr	atr%
CHF/NOK		29	may17	Nkr6.349	Nkr6.265	0.084	1.3%
GBP/SGD		15	may18	S$2.0096	S$2.0239		%

CHF/NOK has a significant carry-trade bias to the short side.

GBP/SGD has a small carry bias to the long side.

PLN/HUF is within 0.015 forints of breaking above the price channel. The breakout level is Ft68.685. The carry bias is to the short side, to the tune of about 180 basis points.