Technical Analysis

Technical Analysis

USDCAD moves below the 100 hour MA. Bearish play.

USDCAD

USDCAD moves below the 100 hour MA. Bearish play.

  • The lows today had used the 100 hour MA as support
Greg Michalowski
Greg Michalowski
Wednesday, 25/05/2022 | 19:42 GMT-0
25/05/2022 | 19:42 GMT-0

GBPUSD looks toward Monday/Tuesday highs

GBPUSD

GBPUSD looks toward Monday/Tuesday highs

  • Monday reached 1.26002. Tuesday stalled at 1.2598
Greg Michalowski
Greg Michalowski
Wednesday, 25/05/2022 | 19:30 GMT-0
25/05/2022 | 19:30 GMT-0

EURUSD moves back to the downside after correction off 100 hour MA runs it's course

EURUSD

EURUSD moves back to the downside after correction off 100 hour MA runs it's course

  • The price moves back toward solid support
Greg Michalowski
Greg Michalowski
Wednesday, 25/05/2022 | 17:02 GMT-0
25/05/2022 | 17:02 GMT-0

Soaring Inflation Threatens of Deeper Global Crisis

inflation

Soaring Inflation Threatens of Deeper Global Crisis

  • It seems that central bankers made a wrong estimation...
Windsor Brokers
Windsor Brokers
Friday, 20/05/2022 | 14:09 GMT-0
20/05/2022 | 14:09 GMT-0

USDJPY moves up to test the fall 100 hour MA/swing area

USDJPY

USDJPY moves up to test the fall 100 hour MA/swing area

  • 100 hour moving average comes in at 127.50
Greg Michalowski
Greg Michalowski
Wednesday, 25/05/2022 | 15:08 GMT-0
25/05/2022 | 15:08 GMT-0

US stocks are moving to new session highs

S&P

US stocks are moving to new session highs

  • Major indices all positive on the week
Greg Michalowski
Greg Michalowski
Wednesday, 25/05/2022 | 14:43 GMT-0
25/05/2022 | 14:43 GMT-0

GBPUSD moves back above its 100 hour moving average

GBPUSD

GBPUSD moves back above its 100 hour moving average

  • The below the 100 hour moving average could not reach the low price from yesterday
Greg Michalowski
Greg Michalowski
Wednesday, 25/05/2022 | 13:48 GMT-0
25/05/2022 | 13:48 GMT-0

NZDUSD moves back to retest its 100 hour moving average

NZDUSD

NZDUSD moves back to retest its 100 hour moving average

  • RBNZ hikes rates by the expected 50 basis points
Greg Michalowski
Greg Michalowski
Wednesday, 25/05/2022 | 13:19 GMT-0
25/05/2022 | 13:19 GMT-0

EURUSD moves back down to test the 100 hour moving average/high from May 5

EURUSD

EURUSD moves back down to test the 100 hour moving average/high from May 5

  • The 1.0633 to 1.0642 area is a key support area
Greg Michalowski
Greg Michalowski
Wednesday, 25/05/2022 | 13:04 GMT-0
25/05/2022 | 13:04 GMT-0
ForexLive Video

The USD is the strongest and the AUD is the weakest as NA traders enter for the day

Forex

The USD is the strongest and the AUD is the weakest as NA traders enter for the day

  • The NZD is modestly higher after RBNZ raised rates by 50 bps.
Greg Michalowski
Greg Michalowski
Wednesday, 25/05/2022 | 12:08 GMT-0
25/05/2022 | 12:08 GMT-0

Bitcoin’s short-term upward channel

Bitcoin

Bitcoin’s short-term upward channel

  • So far, there is little reason to argue that a prolonged rise will follow the current buying.
FxPro FXPro
FxPro FXPro
Tuesday, 17/05/2022 | 07:37 GMT-0
17/05/2022 | 07:37 GMT-0

WTI crude oil settles at $109.77.

Crude oil

WTI crude oil settles at $109.77.

  • Down -$0.52 or -0.47%
Greg Michalowski
Greg Michalowski
Tuesday, 24/05/2022 | 19:03 GMT-0
24/05/2022 | 19:03 GMT-0

The NZDUSD trades marginally lower as traders await the RBNZ rate decision

NZDUSD

The NZDUSD trades marginally lower as traders await the RBNZ rate decision

  • The RBNZ is expected to raise rates by 50 BPs at 10 PM ET
Greg Michalowski
Greg Michalowski
Tuesday, 24/05/2022 | 18:13 GMT-0
24/05/2022 | 18:13 GMT-0

USDCAD spikes higher on the break of 100 hour MA but finds sellers near the 200 hour MA

USDCAD

USDCAD spikes higher on the break of 100 hour MA but finds sellers near the 200 hour MA

  • Price trades between 100/200 hour MAs
Greg Michalowski
Greg Michalowski
Tuesday, 24/05/2022 | 17:19 GMT-0
24/05/2022 | 17:19 GMT-0

USDCHF sees risk off flows moving into the CHF (lower USDCHF)

USDCHF

USDCHF sees risk off flows moving into the CHF (lower USDCHF)

  • Safe haven is the CHF today
Greg Michalowski
Greg Michalowski
Tuesday, 24/05/2022 | 15:31 GMT-0
24/05/2022 | 15:31 GMT-0

Markets unsettled after the US data today

Forex

Markets unsettled after the US data today

  • Stocks sharply lower. Yields lower. Gold higher.
Greg Michalowski
Greg Michalowski
Tuesday, 24/05/2022 | 14:48 GMT-0
24/05/2022 | 14:48 GMT-0

USDJPY tumbles after the weak US data

USDJPY

USDJPY tumbles after the weak US data

  • A string of week data in the US sends yields sharply lower and the dollar lower
Greg Michalowski
Greg Michalowski
Tuesday, 24/05/2022 | 14:29 GMT-0
24/05/2022 | 14:29 GMT-0

XPro Markets - A Beginner’s Guide to Trading: Forex or Stocks?

Xpro markets

XPro Markets - A Beginner’s Guide to Trading: Forex or Stocks?

  • Today’s article will guide you through the basics.
ForexLive
ForexLive
Tuesday, 26/04/2022 | 13:24 GMT-0
26/04/2022 | 13:24 GMT-0

EURUSD higher for the 6th day in the last 8 trading days

EURUSD

EURUSD higher for the 6th day in the last 8 trading days

  • ECB tightening ramp gives buyers a runway
Greg Michalowski
Greg Michalowski
Tuesday, 24/05/2022 | 13:31 GMT-0
24/05/2022 | 13:31 GMT-0

GBPUSD dips below the 100 hour MA, but bounces

GBPUSD

GBPUSD dips below the 100 hour MA, but bounces

  • GBPUSD 100 hour MA comes in at 1.24795
Greg Michalowski
Greg Michalowski
Tuesday, 24/05/2022 | 12:59 GMT-0
24/05/2022 | 12:59 GMT-0

The JPY is the strongest and the GBP is the weakest as NA traders arrive for the day

Forex

The JPY is the strongest and the GBP is the weakest as NA traders arrive for the day

  • The USD is mixed you
Greg Michalowski
Greg Michalowski
Tuesday, 24/05/2022 | 12:17 GMT-0
24/05/2022 | 12:17 GMT-0

EURUSD moves to a new session high. Reaches for new targets.

EURUSD

EURUSD moves to a new session high. Reaches for new targets.

  • The EURUSD bounced off the 50% and swing high from early May
Greg Michalowski
Greg Michalowski
Monday, 23/05/2022 | 19:29 GMT-0
23/05/2022 | 19:29 GMT-0

USDCAD maintains support against lower trend line on the hourly chart

USDCAD

USDCAD maintains support against lower trend line on the hourly chart

  • USDCAD also bounces off 50% midpoint in up and down trading day
Greg Michalowski
Greg Michalowski
Monday, 23/05/2022 | 18:24 GMT-0
23/05/2022 | 18:24 GMT-0

NZDUSD the biggest mover today. RBNZ meets this week and are expected to tighten by 50 bps

NZDUSD

NZDUSD the biggest mover today. RBNZ meets this week and are expected to tighten by 50 bps

  • Retraces to a swing area near 0.64522
Greg Michalowski
Greg Michalowski
Monday, 23/05/2022 | 17:31 GMT-0
23/05/2022 | 17:31 GMT-0

ECB Monetary Policy Pressured by Two Strong Opposing Economic Forces

ECB

ECB Monetary Policy Pressured by Two Strong Opposing Economic Forces

  • The end of asset purchases could come at any time in the third quarter.
Windsor Brokers
Windsor Brokers
Wednesday, 20/04/2022 | 11:02 GMT-0
20/04/2022 | 11:02 GMT-0
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