Technical Analysis

Technical Analysis

GBPJPY breaks lower and below hourly MAs

GBPJPY

GBPJPY breaks lower and below hourly MAs

  • Cracks below 200 and 100 hour MAs
Greg Michalowski
Greg Michalowski
Thursday, 18/08/2022 | 17:01 GMT-0
18/08/2022 | 17:01 GMT-0

New lows in the GBPUSD as London traders look to exit

GBPUSD

New lows in the GBPUSD as London traders look to exit

  • Moving further away from the 1.2000 level
Greg Michalowski
Greg Michalowski
Thursday, 18/08/2022 | 16:02 GMT-0
18/08/2022 | 16:02 GMT-0

USDCHF trading up and down in a narrow range

USDCHF

USDCHF trading up and down in a narrow range

  • Up and down range only 51 pips today
Greg Michalowski
Greg Michalowski
Thursday, 18/08/2022 | 15:28 GMT-0
18/08/2022 | 15:28 GMT-0
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The crypto market tests the strength of buyers

Bitcoin

The crypto market tests the strength of buyers

  • Bitcoin seems to have acted as a leading indicator of risk sentiment in global markets.
Thursday, 18/08/2022 | 08:16 GMT-0
18/08/2022 | 08:16 GMT-0

Next week the US treasury will sell 2, 5, and 7 year notes. US yields are lower today.

5 year yield

Next week the US treasury will sell 2, 5, and 7 year notes. US yields are lower today.

  • US treasury announces the treasury auctioned schedule for next week
Greg Michalowski
Greg Michalowski
Thursday, 18/08/2022 | 15:04 GMT-0
18/08/2022 | 15:04 GMT-0

GBPUSD retraces its earlier rise off session lows

GBPUSD

GBPUSD retraces its earlier rise off session lows

  • GBPUSD moves to a new session low and back below the 1.200 level
Greg Michalowski
Greg Michalowski
Thursday, 18/08/2022 | 14:42 GMT-0
18/08/2022 | 14:42 GMT-0

EURUSD moves into the lower swing area extreme of the consolidation area.

EURUSD

EURUSD moves into the lower swing area extreme of the consolidation area.

  • The lower extreme swing area comes between 1.0096 and 1.0121
Greg Michalowski
Greg Michalowski
Thursday, 18/08/2022 | 14:15 GMT-0
18/08/2022 | 14:15 GMT-0

The morning technical report for August 18, 2022

Forex

The morning technical report for August 18, 2022

  • US jobless claims and Philly Fed index came in better than expected
Greg Michalowski
Greg Michalowski
Thursday, 18/08/2022 | 13:16 GMT-0
18/08/2022 | 13:16 GMT-0

The AUD is the strongest and the CHF is the weakest as the NA session begins

Forex

The AUD is the strongest and the CHF is the weakest as the NA session begins

  • The USD is
Greg Michalowski
Greg Michalowski
Thursday, 18/08/2022 | 12:06 GMT-0
18/08/2022 | 12:06 GMT-0
New lows in the GBPUSD as London traders look to exitForexLive Video

Nasdaq technical analysis: Must see key levels

Nasdaq technical analysis key levels

Nasdaq technical analysis: Must see key levels

  • Note the 4 hour vwap and the technical analysis video below. Bears are still in control within the recent pullback.
Itai Levitan
Itai Levitan
Thursday, 18/08/2022 | 07:39 GMT-0
18/08/2022 | 07:39 GMT-0
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Bitcoin, Ethereum corridor and new dog race

crypto

Bitcoin, Ethereum corridor and new dog race

  • Both cryptos are now headed upwards after touching supports.
Wednesday, 17/08/2022 | 08:19 GMT-0
17/08/2022 | 08:19 GMT-0

S&P closes lower for the 1st time in 3 days.

S&P

S&P closes lower for the 1st time in 3 days.

  • NASDAQ down for the 2nd consecutive day. Dow snaps a 5 day win streak
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 20:09 GMT-0
17/08/2022 | 20:09 GMT-0

The US dollar moves lower after FOMC meeting minutes

GBPUSD

The US dollar moves lower after FOMC meeting minutes

  • Anticipates further rate hikes, but data dependent. Him him him him him him
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 18:11 GMT-0
17/08/2022 | 18:11 GMT-0

USDCHF moves into topside swing area resistance

USDCHF

USDCHF moves into topside swing area resistance

  • The 61.8% retracement is also being tested
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 16:41 GMT-0
17/08/2022 | 16:41 GMT-0

NZDUSD falls to a new session low and below 50% of range since July 14

NZDUSD

NZDUSD falls to a new session low and below 50% of range since July 14

  • Risk off sentiment kicks in. Rate hike today does not see follow through buying
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 16:09 GMT-0
17/08/2022 | 16:09 GMT-0

USDJPY moves to a new session high

USDJPY

USDJPY moves to a new session high

  • Pushes toward high from August 8
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 15:33 GMT-0
17/08/2022 | 15:33 GMT-0

US and European stocks continue to drift lower

German DAX

US and European stocks continue to drift lower

  • NASDAQ down -1.64%. German DAX down -1.99%
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 14:57 GMT-0
17/08/2022 | 14:57 GMT-0
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Bitcoin is lowering but not yet falling

BTC

Bitcoin is lowering but not yet falling

  • Bitcoin's decline is more appropriately seen as a corrective pullback within an uptrend.
Tuesday, 16/08/2022 | 07:35 GMT-0
16/08/2022 | 07:35 GMT-0

EURGBP tests a cluster of of resistance

EURGBP

EURGBP tests a cluster of of resistance

  • Moving averages and retracement level are tested
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 14:45 GMT-0
17/08/2022 | 14:45 GMT-0

AUDUSD sharply lower but tests support target area

AUDUSD

AUDUSD sharply lower but tests support target area

  • Swing area and the 50% loom on the downside after swoon lower
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 14:13 GMT-0
17/08/2022 | 14:13 GMT-0

Major indices move lower rates move higher and FOMC minutes are awaited

S&P

Major indices move lower rates move higher and FOMC minutes are awaited

  • Retail sales were mixed but generally better
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 13:36 GMT-0
17/08/2022 | 13:36 GMT-0

The USDCHF runs higher into the US stock open

USDCAD

The USDCHF runs higher into the US stock open

  • Trades to 38.2% and topside trend line on the hourly
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 13:27 GMT-0
17/08/2022 | 13:27 GMT-0

The USD moves a bit higher after the US retails sales. What technical levels are in play?

fOREX

The USD moves a bit higher after the US retails sales. What technical levels are in play?

  • A technical look at the EURUSD, USDJPY and GBPUSD
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 13:01 GMT-0
17/08/2022 | 13:01 GMT-0

The USD is the strongest, and the AUD is the weakest as the NA session begins

Forex

The USD is the strongest, and the AUD is the weakest as the NA session begins

  • The USD sees forex flows as North American traders enter and before retail sales and FOMC minutes
Greg Michalowski
Greg Michalowski
Wednesday, 17/08/2022 | 12:13 GMT-0
17/08/2022 | 12:13 GMT-0
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FOMO into Cryptocurrencies is Not Coming Back Anytime Soon

BTC

FOMO into Cryptocurrencies is Not Coming Back Anytime Soon

  • Investors and traders should prepare themselves that the market will stick to an oscillating pattern in the coming months.
Friday, 12/08/2022 | 08:07 GMT-0
12/08/2022 | 08:07 GMT-0
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