Category Archive: 4.) Forex Live

Nasdaq futures technical analysis in 5 minutes

NQ analysis starting 15 November. Watch a level for bulls to strengthen their control, or for bears to regain it.

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FTX lacked in their risk focus & the rest is history.That and a CPI miss led to a USD rout

The weekend forex technical report too. RISK Or lack thereof, led to the demise of the FTX currency exchange last week. That story led to sharply lower digital currencies, including a 92% decline in the FTX token FTT.   From an economic perspective, the US CPI proved to be the binary release that many thought it would be. The subsequent wave sent the USD sharply lower, the stocks soaring and yields lower in the US (the USD is driving the global...

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Dow Jones technical analysis till the end of 2022

Dow Jones futures is looking bullish till the end of year 2022, and probably heading to 35000. Visit ForexLive.com for additional technical analyses.

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S&P futures technical analysis



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FTX coin: Seeing the signs of weakness via weekly technical analysis

Look at technical signs hinting on the significant weakness of FTX coin, even before the sh*t hit the fan. Similar signs will return in the future. Visit ForexLive.com for additional perspectives.

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Has the US dollar topped?

Last week's US dollar decline was one of the largest ever. What's driving the move and how to know it will last.

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Here we go. CPI ahead. What levels are in play?

A look at some of the key levels in play for the major currency pairs. The US CPI will be released at the bottom of the hour. Risk is increased so be careful.  Don't confuse gambling with trading.  However, if stronger than expectations or weaker we could see some good trend like moves. So know your levels that define the bias and your risk.   What levels are in play for the major currency pairs? I look at the  EURUSD, USDJPY, GBPUSD, USDCHF and...

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NZDUSD bounces near 100 hour MA/broken 38.2% retracement. What now?

The NZDUSD has bounced off a target support level after correcting lower from a key resistance level during trading yesterday. The buyers and sellers are lining up against the target support and resistance levels with the buyers trying to keep technical control.

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The USD moves higher after 3 days of declines. Technical levels did help reverse the bias.What next?

Greg Michalowski of Forexlive takes a technical look at the EURUSD, USDJPY, GBPUSD and AUDUSD to start your trading day in the US. The USD moved lower for 3 consecutive days (the US stocks moved higher as a result). That move is seeing some retracement today. Technical targets were reached in a number of currency pairs to help the reversal. The move back higher in the USD is taking back some bearish technical breaks. EURUSD: The EURUSD is moving...

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The USDCAD made break down.The AUDUSD & NZDUSD held below some solid resistance.What next?

A technical look at the USDCAD, AUDUSD and NZDUSD.

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The USD has seen a little move higher vs the EUR and GBP. The USD is lower vs the JPY.

What is driving those currency pairs from a technical perspective as US voters go to the polls? It is election day in the US with the House elections and some key Senate seats up for grabs. The USD is mixed with the greenback higher vs the EUR and GBP in early NY trading, but lower vs the JPY.   What is helping to drive those three currency pairs in early NY trading? What levels are in play for trading today and going forward?

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The USD is lower to start the trading week, piggybacking on the declines on Friday

What at the technical levels in play today In the morning forex technical report, Greg MIchalowski of Forexlive.com looks at the major currency pairs and outlines the bias and levels in play to start the trading week. ON Friday, the dollar moved helped by the technicals. That trend has continued into the trading today.   In the report today, I take a look at the EURUSD, USDJPY, GBPUSD and the USDCAD.

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The Fed and jobs are behind. Inflation is ahead

In this video, Greg Michalowski of Forexlive.com reviews the Fed and the US jobs report and previews the CPI data ahead. He also looks at the technicals that define the bias and the risk levels for the major currencies vs the USD. EURUSD (9:45) USDJPY (14:10) GBPUSD (15:38) USDCHF (17:00) USDCAD (18:48) AUDUSD (20:30) NZDUSD (21:46)

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EURUSD moves to a new high. Tests the July swing low at 0.99515

The EURUSD is moving to a new session high and in the process is up testing one of my old favorite levels.  The 0.99515 level.  That level was the swing low back in July after the price broke below the parity level for the first time. In September the price moved down to test it, before breaking to the cycle low for the year. Last month, the pair used the level as a risk defining target as well. We are back testing it. A move above would have...

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Dollar moves lower. How did the technicals help the price action post the NFP report?

Before the US jobs report, Greg Michalowski of Forexlive outlined the key levels in play. If you did not see that video, you can find it here. So how did the levels play out? The technical levels did tell the story. What was surprising was the price action.  If someone told me the data ahead, I would have the dollar moving higher, the stocks moving lower and yields move higher. That was the initial reaction, but technical levels to the USD...

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Technical levels in play for the EURUSD, USDJPY and GBPUSD ahead of the US jobs report.

Be aware. Be prepared IN this pre-US jobs report, Greg Michalowski of Forexlive.com outlines the key technical levels in play.  Risk is increased. The market is preparing for the next shove. - The EURUSD has retraced and moved back to a key technical area. - The USDJPY is trading between its 100/200 hour MAs and awaiting the next shove - The GBPUSD is trading above and below its 200 bar MA on the 4 hour chart and within a swing area.  Find out...

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Russell 2000 technical analysisL Bears just got faked out.

RTY (Russell 2000 futures) had a bear breakout down, but then an immediate reversal price action on the 4 hour timeframe, bringing the Russell back into the upward channel (redish channel) shown in the video. Due to the failed breakout, most bears thought they were in a breakout down. But this is a "fakie" or fakeout for them, as they saw price reverse on them, which expedites their need to cover the short, creating quicker pressure...

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USDCAD rotates lower toward MA support after testing the low of the upper swing area

Will the buyers buy the dip in the USDCAD? Greg Michalowski of Forexlive.com takes a technical look at the USDCAD and sets up a target level to lean against on a dip.

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The risk defining ceiling for the EURUSD. Do you want to know what it is?

The EURUSD moved below a key swing area in the 0.98056 to 0.9816 area. The break below opened the downside up more, put the sellers more in control, and defined risk for sellers.  Stay below 0.9816 keeps the sellers firmly in control. In this video, Greg Michalowski of Forexlive.com, outlines the level and the risk for traders.

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FOREX QUICK: USDJPY moves off resistance and back toward MA support

IN this video Greg Michalowski from Forexlive, takes a look at the technicals driving the USDJPY pair in trading today.   On the topside, a downward sloping trend line stalled the rally. In the US session, the corrective move lower is finding some support near the 100/200 hour moving averages and the 38.2% retracement.   Levels are defined. Traders looking for the next shove.

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