Subscribe To
Audusd falls to the 100 hour ma after us jobs report
The AUDUSD fell after the better-than-expected US jobs report. The price moved below a swing area between 0.6778 and 0.6796 (see red numbered circl...
December 2, 2022, 2:17 pm
The usdcad is back up retesting the 100 hour ma for the 2nd time today
The USDCAD moved up to test the 100 hour MA earlier today and found sellers. The price moved down to...
December 1, 2022, 7:22 pm
Eurusd trades to a new high, but backs off.
The EURUSD is moving above the cluster of MAs including the
- 200 hour MA at 1.03487
- 200 day MA at 1.0373
- ...
November 30, 2022, 2:56 pm
Adp weaker. stocks move up. yields down a bit. dollar tilts a little lower but not by much
The major US stock indices are tilting a little more to the upside with the NASDAQ up about 51 points in the Dow up about 40 points the S&P is up a...
November 30, 2022, 1:23 pm
Us stocks fall to new session lows
The US stock indices have taken a turn to the downside. The NASDAQ index is leading the way with a decline of -0.9%
Looking at the NASDAQ hou...
November 29, 2022, 4:32 pm
Usdjpy rises modestly and looks toward 100 hour ma as yields move to the upside
The USDJPY has seen a push to the upside helped by yields moving back to the positive side. The 10 year yield is now up 3.733% up 3.1 basis points....
November 29, 2022, 2:24 pm
Gbpusd falls back to 100 hour ma, swing area.
The GBPUSD has moved down to retest the 100 hour MA, the high price from November 15 and the Asian s...
November 28, 2022, 3:35 pm
Eurusd makes a new near 5 month high, but falls short of the 50% target
The EURUSD moved lower in the early Asian session and in the process tested the 200 hour moving average 1.03537 currently (greenline in the chart a...
November 28, 2022, 2:55 pm
Crude oil retraces the gains for the day
The price of WTI crude oil is back down toward the $78 level after running up to $79.88 earlier today. The move higher did take the price above its...
November 25, 2022, 4:27 pm
Usdjpy working on it's 3rd day down.
The USDJPY is working on its 3rd day down since peaking and closing near the corrective highs on Monday. That high stalled near the 50% of the move...
November 24, 2022, 6:17 pm
Usdcad trades to a new low and centers within the 100 and 200 hour moving averages
The USDCAD has seen moves up and down today. The price started the day below the 100 hour moving ave...
November 23, 2022, 8:21 pm
Usdcad sniffs the rising 100 hour ma and bounces on the first test
The USDCAD moved to a new session low and in the process, sniffed the rising 100 hour MA at 1.33759....
November 22, 2022, 4:05 pm
The usd is the weakest and the nzd is the strongest as the na session begins.
The NZD is the strongest of the major currencies while the USD is the weakest as the NA session begins. The NZD is back higher as the markets prepa...
November 22, 2022, 1:10 pm
Eurusd dips to a new low for the day
The EURUSD fell to a new low for the day taking out the early NY session low at 1.03255.The low just reached 1.03229.
The US session high ex...
November 18, 2022, 7:42 pm
The us morning forex technical report for november 18, 2022
In the morning forex technical report from Greg Michalowski, the markets are seeing some consolidation in most of the pairs into the US session. ...
November 18, 2022, 2:04 pm
Gbpusd tests 100 hour ma. finds sellers on the first look.
The GBPUSD moved to a new NY session high as London/European traders exit for the pubs, and the move took the price up to test the ...
November 17, 2022, 5:29 pm
Gbpjpy trades between 100 and 200 hour ma. be on the lookout for a break and run.
The GBPJPY is waffling mostly between the 100 hour MA below at 165.21 and the 200 hour MA above at 1...
November 17, 2022, 4:01 pm
Ecb sources: may favor 50 basis point rate hike in december rather than 75 basis pointsr
Bloomberg is reporting that
- ECB officials may favor a 50 BP rate hike at the December meeting vs the 75 basis points.
Now h...
November 16, 2022, 5:57 pm
Usdcad makes it to a new high for the week and reaches next target. more work to do.
November 16, 2022, 5:10 pm
