Technical Analysis

Technical Analysis

USDCAD moves back below 100 day MA at 1.35164

crude oil

USDCAD moves back below 100 day MA at 1.35164

  • Prices also below the 38.2% retracement of the move up in May
Greg Michalowski
Greg Michalowski
Thursday, 01/06/2023 | 14:59 GMT-0
01/06/2023 | 14:59 GMT-0

AUDUSD is testing it's key 200 hour moving average for first time since May 11.

AUDUSD

AUDUSD is testing it's key 200 hour moving average for first time since May 11.

  • A move above would be the first since May 11
Greg Michalowski
Greg Michalowski
Thursday, 01/06/2023 | 14:32 GMT-0
01/06/2023 | 14:32 GMT-0

Buyers in the GBPUSD are making a play away from the 38.2% of the May trading range

GBPUSD

Buyers in the GBPUSD are making a play away from the 38.2% of the May trading range

  • Above the 38.2% retracement of the May trading range at 1.24493
Greg Michalowski
Greg Michalowski
Thursday, 01/06/2023 | 13:38 GMT-0
01/06/2023 | 13:38 GMT-0
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Bitcoin and Ethereum have further correction potential

bitcoin ethereum

Bitcoin and Ethereum have further correction potential

  • Cryptocurrencies have reversed into a correction.
FxPro
Thursday, 25/05/2023 | 08:50 GMT-0
25/05/2023 | 08:50 GMT-0

The sellers in the USDJPY are making a technical play

USDJPY

The sellers in the USDJPY are making a technical play

  • The price remains below its 100 hour moving average, and is also below its 200 hour moving average
Greg Michalowski
Greg Michalowski
Thursday, 01/06/2023 | 13:22 GMT-0
01/06/2023 | 13:22 GMT-0

We are in a new trading month and the EURUSD is trying to bounce despite strong US data

EURUSD

We are in a new trading month and the EURUSD is trying to bounce despite strong US data

  • ADP and claims not bad today ahead of the jobs report tomorrow
Greg Michalowski
Greg Michalowski
Thursday, 01/06/2023 | 13:04 GMT-0
01/06/2023 | 13:04 GMT-0

Nasdaq Composite Technical Analysis

Nasdaq Composite

Nasdaq Composite Technical Analysis

  • The Nasdaq Composite got rejected from a key level. Is this the top or more highs lie ahead?
ForexLive
ForexLive
Thursday, 01/06/2023 | 12:51 GMT-0
01/06/2023 | 12:51 GMT-0

USD moves higher after better ADP. Jobless claims up next

EURUSD

USD moves higher after better ADP. Jobless claims up next

  • ADP surprises to the upside
Greg Michalowski
Greg Michalowski
Thursday, 01/06/2023 | 12:26 GMT-0
01/06/2023 | 12:26 GMT-0

The AUD is the strongest and the JPY is the weakest as the North American session begins

Forex

The AUD is the strongest and the JPY is the weakest as the North American session begins

  • The USD is mostly lower
Greg Michalowski
Greg Michalowski
Thursday, 01/06/2023 | 12:07 GMT-0
01/06/2023 | 12:07 GMT-0
AUDUSD is testing it's a 200 hour moving average.

EURUSD Technical Analysis

EURUSD

EURUSD Technical Analysis

  • The strong downtrend in the EURUSD pair is starting to ebb
ForexLive
ForexLive
Thursday, 01/06/2023 | 10:56 GMT-0
01/06/2023 | 10:56 GMT-0
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Crypto Hits the Ceiling

BTC

Crypto Hits the Ceiling

  • The upper boundary of this corridor, 27300, remains a significant upside hurdle.
FxPro
Wednesday, 24/05/2023 | 08:09 GMT-0
24/05/2023 | 08:09 GMT-0

Russell 2000 Technical Analysis

Russell 2000

Russell 2000 Technical Analysis

  • The Russell 2000 remains stuck in a range
ForexLive
ForexLive
Thursday, 01/06/2023 | 10:03 GMT-0
01/06/2023 | 10:03 GMT-0

Gold Technical Analysis

Gold

Gold Technical Analysis

  • The fall in Treasury yields and a strong technical support boosted Gold
ForexLive
ForexLive
Thursday, 01/06/2023 | 09:04 GMT-0
01/06/2023 | 09:04 GMT-0

Dow Jones Technical Analysis

Dow Jones

Dow Jones Technical Analysis

  • The Dow Jones falls as the market “sells the fact” on the debt ceiling deal
ForexLive
ForexLive
Thursday, 01/06/2023 | 08:07 GMT-0
01/06/2023 | 08:07 GMT-0

S&P 500 Technical Analysis

S&P 500

S&P 500 Technical Analysis

  • The S&P 500 is struggling to take off
ForexLive
ForexLive
Thursday, 01/06/2023 | 07:08 GMT-0
01/06/2023 | 07:08 GMT-0

USDCAD finds support against the downside moving average target

USDCAD

USDCAD finds support against the downside moving average target

  • USDCAD trade between 100 hour moving average above and 200 hour moving average below
Greg Michalowski
Greg Michalowski
Wednesday, 31/05/2023 | 17:46 GMT-0
31/05/2023 | 17:46 GMT-0

USDCHF moves above the midpoint of 2023 range and 100 day MA. BULLISH.

USDCHF

USDCHF moves above the midpoint of 2023 range and 100 day MA. BULLISH.

  • Both technical levels, and at 0.91297
Greg Michalowski
Greg Michalowski
Wednesday, 31/05/2023 | 17:17 GMT-0
31/05/2023 | 17:17 GMT-0
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Crypto attracts buyer interest, but reversal needs proof

bitcoin

Crypto attracts buyer interest, but reversal needs proof

  • Despite the positive momentum, the daily timeframes remain bearish, with Bitcoin trading below $27.5K.
FxPro
Tuesday, 23/05/2023 | 10:31 GMT-0
23/05/2023 | 10:31 GMT-0

NZDUSD moves to the lowest level since November 2022

NZDUSD

NZDUSD moves to the lowest level since November 2022

  • NZDUSD price breaks below the 50% midpoint of the range since the 2022 low
Greg Michalowski
Greg Michalowski
Wednesday, 31/05/2023 | 16:33 GMT-0
31/05/2023 | 16:33 GMT-0

The EURUSD sellers push below trend line support at lows

EURUSD

The EURUSD sellers push below trend line support at lows

  • The swing area up at 1.07041 stalled the rally
Greg Michalowski
Greg Michalowski
Wednesday, 31/05/2023 | 16:11 GMT-0
31/05/2023 | 16:11 GMT-0

USDCAD trades back below 100 hour MA. Can the selller keep the momentum going

USDCAD

USDCAD trades back below 100 hour MA. Can the selller keep the momentum going

  • The better than expected GDP sends the pair lower
Greg Michalowski
Greg Michalowski
Wednesday, 31/05/2023 | 13:55 GMT-0
31/05/2023 | 13:55 GMT-0

GBPUSD buyers had their shot. They missed. What next?

GBPUSD

GBPUSD buyers had their shot. They missed. What next?

  • The run higher yesterday failed
Greg Michalowski
Greg Michalowski
Wednesday, 31/05/2023 | 13:31 GMT-0
31/05/2023 | 13:31 GMT-0

USDJPY trades between hourly moving average levels. Await the next shove.

usdjpy

USDJPY trades between hourly moving average levels. Await the next shove.

  • The 100 hour moving average is above. The 200 hour moving average is below
Greg Michalowski
Greg Michalowski
Wednesday, 31/05/2023 | 13:12 GMT-0
31/05/2023 | 13:12 GMT-0

GBPJPY Technical Analysis

GBP

GBPJPY Technical Analysis

  • We are seeing a tentative breakout in GBPJPY
ForexLive
ForexLive
Wednesday, 31/05/2023 | 12:54 GMT-0
31/05/2023 | 12:54 GMT-0
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Cryptocurrencies wait for a signal

bitcoin fxpro

Cryptocurrencies wait for a signal

  • Bitcoin is back below $27K this new week, finding support from buyers on dips to the 200-week moving average.
FxPro
Monday, 22/05/2023 | 08:49 GMT-0
22/05/2023 | 08:49 GMT-0
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