Greg Michalowski

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Technical Analysis

EURUSD extends to a new low and stretches toward the 100 day MA

EURUSD extends to a new low and stretches toward the 100 day MA

  • Swing area broken but 100 day MA remains as a support target.
Greg Michalowski
Wednesday, 09/10/2024 | 15:33 GMT
09/10/2024 | 15:33 GMT
Technical Analysis

Sellers in the AUDUSD are looking to increase the bearish bias. What does that look like?

Sellers in the AUDUSD are looking to increase the bearish bias. What does that look like?

  • In the video, I take a technical at the AUDUSD. The sellers are looking to increase the bearish bias with a technical break below the 38.2% of the move up from the August low at 0.67146.
Greg Michalowski
Wednesday, 09/10/2024 | 14:57 GMT
09/10/2024 | 14:57 GMT
Technical Analysis

USDCAD buyers making a play with a break above and away from 100 day moving average

USDCAD buyers making a play with a break above and away from 100 day moving average

  • The 100-day MA comes in at 1.36819. The September high at 1.36467. That area is now KEY support. A move back below is not good technically in the short term at least.
Greg Michalowski
Wednesday, 09/10/2024 | 14:18 GMT
09/10/2024 | 14:18 GMT
News

US major indices are mixed in early US trading

US major indices are mixed in early US trading

  • Dow industrial average marginally higher. S&P marginally higher . NASDAQ index lower
Greg Michalowski
Wednesday, 09/10/2024 | 13:44 GMT
09/10/2024 | 13:44 GMT
Technical Analysis

Now that the USDCHF has broken higher, can the buyers keep the run going?Key targets ahead

Now that the USDCHF has broken higher, can the buyers keep the run going?Key targets ahead

  • The high from last week reached 0.86072 and is the next target. The 38.2% of the move down from the August high is at 0.86312.
Greg Michalowski
Wednesday, 09/10/2024 | 13:35 GMT
09/10/2024 | 13:35 GMT
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