Technical Analysis

Technical Analysis

USDJPY stays above the 200 bar MA on 4-hour chart. Buyers in control above the MA.

USDJPY

USDJPY stays above the 200 bar MA on 4-hour chart. Buyers in control above the MA.

  • That MA will be the key barometer going into the new trading day
Greg Michalowski
Greg Michalowski
Monday, 06/05/2024 | 20:31 GMT-0
06/05/2024 | 20:31 GMT-0

EURUSD moved to 50% retracement and stalled. The price rotated lower. What next?

EURUSD

EURUSD moved to 50% retracement and stalled. The price rotated lower. What next?

  • The EURUSD is between 200 day MA above and the 200 bar MA on 4-hour chart below.
Greg Michalowski
Greg Michalowski
Monday, 06/05/2024 | 19:38 GMT-0
06/05/2024 | 19:38 GMT-0

The AUDUSD is higher on the day but a ceiling area continues to stall the rallies

AUDUSD

The AUDUSD is higher on the day but a ceiling area continues to stall the rallies

  • The 50% of the move down from the December high is close support at 0.6615 area for the AUDUSD
Greg Michalowski
Greg Michalowski
Monday, 06/05/2024 | 15:39 GMT-0
06/05/2024 | 15:39 GMT-0
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Octa

Octa crypto snapshot: will investors continue to buy Bitcoin after the halving?

  • On the night of 20 April, the Bitcoin network experienced its fourth halving.
Octa
Thursday, 02/05/2024 | 10:45 GMT-0
02/05/2024 | 10:45 GMT-0

USDCAD tests a key support level at 200 bar MA on the 4-hour chart

USDCAD

USDCAD tests a key support level at 200 bar MA on the 4-hour chart

  • USDCAD buyers had their shot in the early Asian session
Greg Michalowski
Greg Michalowski
Monday, 06/05/2024 | 14:51 GMT-0
06/05/2024 | 14:51 GMT-0

USDCHF rotates modestly lower after a sharp move lower last week. What levels are in play?

USDCHF

USDCHF rotates modestly lower after a sharp move lower last week. What levels are in play?

  • After resistance held against a key target last week, the run lower also stalled at a key swing area support target. What next for the pair?
Greg Michalowski
Greg Michalowski
Monday, 06/05/2024 | 14:22 GMT-0
06/05/2024 | 14:22 GMT-0

Kickstart your FX trading for May 6 w/a technical look at the EURUSD, USDJPY and GBPUSD

forex

Kickstart your FX trading for May 6 w/a technical look at the EURUSD, USDJPY and GBPUSD

  • What technical levels are in play for the 3 major currency pairs to start the trading week?.
Greg Michalowski
Greg Michalowski
Monday, 06/05/2024 | 13:22 GMT-0
06/05/2024 | 13:22 GMT-0

The GBP is the strongest and the JPY is the weakest as the NA session begins

forex

The GBP is the strongest and the JPY is the weakest as the NA session begins

  • The USD is mostly lower to start the new trading week
Greg Michalowski
Greg Michalowski
Monday, 06/05/2024 | 12:12 GMT-0
06/05/2024 | 12:12 GMT-0

USDJPY Technical Analysis – Dip-buyers are back in force.

USDJPY

USDJPY Technical Analysis – Dip-buyers are back in force.

  • The strong support zone around the 152.00 handle held and the buyers continue to pile in targeting the key 160.00 level.
Giuseppe Dellamotta
Giuseppe Dellamotta
Monday, 06/05/2024 | 11:22 GMT-0
06/05/2024 | 11:22 GMT-0
USDJPY stays above the 200 bar MA on 4-hour chart. Buyers in control above the MA.

AUDUSD Technical Analysis - The pair is at a key resistance ahead of the RBA

AUDUSD

AUDUSD Technical Analysis - The pair is at a key resistance ahead of the RBA

  • A look at the AUDUSD chart ahead of the RBA policy decision tonight.
Giuseppe Dellamotta
Giuseppe Dellamotta
Monday, 06/05/2024 | 09:47 GMT-0
06/05/2024 | 09:47 GMT-0
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Thursday, 02/05/2024 | 07:43 GMT-0
02/05/2024 | 07:43 GMT-0

USDCHF Technical Analysis - The pair bounced from the 0.90 handle

USDCHF

USDCHF Technical Analysis - The pair bounced from the 0.90 handle

  • The more dovish than expected FOMC decision and the higher than expected Swiss inflation figures led to a notable correction in the USDCHF pair.
Giuseppe Dellamotta
Giuseppe Dellamotta
Monday, 06/05/2024 | 09:10 GMT-0
06/05/2024 | 09:10 GMT-0

Gold Technical Analysis

Gold

Gold Technical Analysis

  • Gold breaks the key trendline following the US data release. What’s next?
Giuseppe Dellamotta
Giuseppe Dellamotta
Monday, 06/05/2024 | 07:42 GMT-0
06/05/2024 | 07:42 GMT-0

Major US indices close higher for the day and the week

S&P

Major US indices close higher for the day and the week

  • NASDAQ does the best today/this week
Greg Michalowski
Greg Michalowski
Friday, 03/05/2024 | 20:21 GMT-0
03/05/2024 | 20:21 GMT-0

NZDUSD buyers took their shot above 200 day MA/50% retracement and missed

NZDUSD

NZDUSD buyers took their shot above 200 day MA/50% retracement and missed

  • The NZDUSD broke above the 50% of the move down from the March high and the 200-day MA at 0.6033 to 0.6040 and failed.
Greg Michalowski
Greg Michalowski
Friday, 03/05/2024 | 19:24 GMT-0
03/05/2024 | 19:24 GMT-0

Oil falls $5.50 on the week as a head-and-shoulders pattern forms

oil

Oil falls $5.50 on the week as a head-and-shoulders pattern forms

  • WTI posts weekly close below $80 for the first time since early March
Adam Button
Adam Button
Friday, 03/05/2024 | 18:38 GMT-0
03/05/2024 | 18:38 GMT-0

Crude oil trading at session lows going into the settlement

Crude

Crude oil trading at session lows going into the settlement

  • Crude oil price hits session lows at $78.21, traders eye 100-day MA near $78 for potential bounce
Greg Michalowski
Greg Michalowski
Friday, 03/05/2024 | 18:29 GMT-0
03/05/2024 | 18:29 GMT-0
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fintech360

2024 Mobile Trends in the Fintech Industry

  • Main solutions and trend-setters in the sector.
Fintech360
Tuesday, 30/04/2024 | 08:08 GMT-0
30/04/2024 | 08:08 GMT-0

EURUSD sets technical levels in the ups and downs after the US jobs report.

EURUSD

EURUSD sets technical levels in the ups and downs after the US jobs report.

  • What are the EURUSD key barometers technically after the ups and downs.
Greg Michalowski
Greg Michalowski
Friday, 03/05/2024 | 16:35 GMT-0
03/05/2024 | 16:35 GMT-0

AUDUSD runs higher after US jobs report but stalls at a key ceiling.What next technically?

AUDUSD

AUDUSD runs higher after US jobs report but stalls at a key ceiling.What next technically?

  • The AUDUSD backs off toward key 100-day MA level at 0.6580
Greg Michalowski
Greg Michalowski
Friday, 03/05/2024 | 15:58 GMT-0
03/05/2024 | 15:58 GMT-0

USDCAD bounces back higher after sellers had their shot and missed after the softer jobs.

USDCAD

USDCAD bounces back higher after sellers had their shot and missed after the softer jobs.

  • The good news for USDCAD traders is the support held. Resistance is holding. The 50% midpoint sits between the extremes to act as a rudder for buyers and sellers technically in the USDCAD.
Greg Michalowski
Greg Michalowski
Friday, 03/05/2024 | 15:19 GMT-0
03/05/2024 | 15:19 GMT-0

USDCHF falls to the April low/swing area and bounces. Resistance now eyed at 0.9070 now.

USDCHF

USDCHF falls to the April low/swing area and bounces. Resistance now eyed at 0.9070 now.

  • USDCHF technical levels are set after the soft US data
Greg Michalowski
Greg Michalowski
Friday, 03/05/2024 | 14:40 GMT-0
03/05/2024 | 14:40 GMT-0

Kickstart the FX trading day (post NFP) with a technical look at EURUSD, USDJPY, GBPUSD.

FX

Kickstart the FX trading day (post NFP) with a technical look at EURUSD, USDJPY, GBPUSD.

  • The US jobs report was weaker than expected and that has kicked the USD lower. What are the technicals telling us now?
Greg Michalowski
Greg Michalowski
Friday, 03/05/2024 | 13:13 GMT-0
03/05/2024 | 13:13 GMT-0

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

forex

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

  • Stocks are higher in the US, yields are modestly lower ahead of the US jobs report..
Greg Michalowski
Greg Michalowski
Friday, 03/05/2024 | 12:03 GMT-0
03/05/2024 | 12:03 GMT-0
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Octa's market snapshot: The Fed is stuck between recession and high inflation

Fed

Octa's market snapshot: The Fed is stuck between recession and high inflation

  • The Fed is expected to leave rates unchanged.
Octa
Monday, 29/04/2024 | 13:58 GMT-0
29/04/2024 | 13:58 GMT-0
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