Category Archive: 4.) Forex Live

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The USD runs higher after stronger CPI. A look at the technicals after the US CPI data

2022-09-13

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USDJPY: The USDJPY moved above its 100 hour MA and looks toward the high from last week at 144.498 EURUSD: The EURUSD has moved back below its 100 hour MA at 1.0054 and looks toward the 200 hour MA at 0.9998 now. The pair fell back in the lower swing area on the daily below 1.0096 to 1.0121

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Making sense of your senses in your trading

2022-09-13

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We as humans use our senses in all aspects of life, and such is the case with trading. Do you feel and hear what the market is telling you?

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The morning forex technical report for September 12, 2022

2022-09-12

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The USD is trying to move lower, but finding some resistance in doing so. I look at the EURUSD, USDJPY and GBPUSD in the morning technical report.

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Ethereum technical analysis and trade idea. Hunting for a Long.

2022-09-11

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This article analyzes ethereum's price against the dollar on September 11. The full analysis is at https://www.forexlive.com/technical-analysis/ethereum-technical-analysis-trade-idea-20220911/ Daily time frame channel bull flag. Green arrows in the video indicate the lower frequency band, while red arrows indicate the higher. Cryptocurrencies are recovering alongside the stock market. Even temporarily, it's tradeable. Since the recent rally is...

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The Weekend Forex Report for the week starting September 12, 2022

2022-09-10

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In this report, I look at some of the fundamental stories that are shaping the markets, and then look at the technical which have seen the start of a move lower in the USD. Can that shift continue this week? Fundamental review: - 0:00 to 7:00 Technical analysis by currency pair: - EURUSD 7:10 - USDJPY: 12:19 - GBPUSD 15:10 - USDCHF 17:31 - USDCAD 20:15 - AUDUSD 22:12 - NZDUSD 23:15

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Bitcoin technical analysis: Watch this trading range.

2022-09-10

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Technical analysis for BTCUSD for 10 September. Watch the horizontal trading range, and the yellow channel, which is also a potential bull flag.

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Why this could be the bottom in Europe

2022-09-09

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We’re seeing the covid playbook rolled out on energy. During covid, businesses had to shut down but all the costs were taken on the government balance sheet. That’s when we saw the huge turnaround in markets. The UK is signaling that it will do the same thing by capping/subsidizing energy and more countries in Europe are leaning that way as well. Like covid, this could be a turning point. What’s different this time is that monetary policy isn’t...

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A technical look at the EURUSD, GBPUSD, USDJPY, and USDCAD to start the US trading day

2022-09-09

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The USD has moved lower but found a bottom. What next? The USD moved lower today but is finding some buying in the early NY session. That buying of the USD (selling of the currency) has seen traders lean against targeted technical levels. I look at 4 currency pairs.  0:16: USDJPY 2:44: EURUSD 5:14: GBPUSD 6:56: USDCAD Take a look and understand the "why's" for today's trading and what needs to happen next.

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S&P technical analysis. Where is the stock market going?

2022-09-09

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S&P technical analysis. Where is the stock market going?

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The ECB raises by 75 basis points. How is the EURUSD reacting?.

2022-09-08

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1:32: The EURUSD remains contained with a short term bullish bias ahead of the 75 basis point hike, but there is work to do. 4:00: The USDJPY is trying to move lower but is having some trouble finding downside momentum 6:01: The GBPUSD is reacting up and down to new economic measures by PM Truss, but is back below the 100 hour MA in early trading in the US session.

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Unity Software (U) Stock Analysis

2022-09-08

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Unity stock between $33 and $40 seems to me as a CLASSIC area and time where an investor can be greedy when others are fearfull and start accumilating a Long position. Posted on 09 August, the time to start doing that is probably today, but do leave some additional ammunition for possible buys at some lower prices, as mentioned in the video, to average out your entry point, if the stock sells a little more.

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The USDJPY is sharply higher. The Bank of Canada rate will hike. What are the technicals saying?

2022-09-07

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The USDJPY is continuing it's trend move to the upside. Trends are fast, directional and tend to go farther than traders expect. That is what we are seeing in that pair (and JPY crosses now as well).  The Bank of Canada is expected to raise rates by 75 basis points when they announce at 10 AM today.  The EURUSD is lower but up and down. The GBPUSD got within a few pips of the pandemic low at 1.1408.

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Trends are FAST, DIRECTIONAL and tend to go FARTHER than what traders expect

2022-09-07

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Trends are where the most money is made and lost. Most retail traders don't trade trends well. In fact they tend to lose more when the price trends. In this video, I show traders how they can recognize trends, get on the trend and stay on the trend.

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The morning Forex Report for September 6, 2022

2022-09-06

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In the morning report, I look at the EURUSD, USDJPY, and GBPUSD to kick off the trading bias defining levels.

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Japanese Yen technical analysis USD vs Japanese Yen. Getting ready to short!

2022-09-05

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The U.S. is headed toward higher interest rates faster than Japan, which makes dollar-denominated assets more tempting. The Japanese yen has fallen against the dollar. Technical analysis shouldn't care. A technical analysis doesn't care about the news or why things are or should be. A 'pure' chartist knows we don't know everything. The chartist examines the price chart to find the next viable deal. She or he tries to determine whether the benefit...

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The weekend Forex Report for the week starting September 4,2022: The USD remains the king

2022-09-04

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The dollar continued to move higher last week. The US jobs report did show a modestly higher than expected NFP value, but there were other dampening details including more people entering the workforce which may take some pressure off wages.  US yields move higher out the curve as traders prepare for a tighter Fed for longer.   The US stocks fell for the 3rd week in a row led lower by the Nasdaq once again.  Russia continues to be a focus as...

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Russell analysis and recap of trading ideas

2022-09-04

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A review of the recent trade ideas: S&P 500 https://www.forexlive.com/technical-analysis/sp-technical-analysis-in-10-seconds-including-a-trade-idea-20220901/ Gold https://www.forexlive.com/technical-analysis/gold-technical-analysis-in-10-seconds-20220831/ Ethereum https://www.forexlive.com/technical-analysis/ehereum-technical-analysis-ethusd-at-1500-whats-next-20220828/ Natural gas...

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Do you have the FEAR OF SUCCESS when you trade?

2022-09-03

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Most traders know about the FEAR OF FAILURE, but do you know about the FEAR OF SUCCESS? In this video, Greg Michalowski describes the FEAR OF SUCCESS that stifles traders and causes them to do things they never planned on doing. What is it? How can you conquer it?

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S&P technical analysis for the start of Sept 2022. Bear or bull market?

2022-09-02

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See full technical analysis for ES S&P Emini futures at https://www.forexlive.com/technical-analysis/sp-technical-analysis-in-10-seconds-including-a-trade-idea-20220901/

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What has been the reaction to the jobs report in the major currency pairs? Watch and learn

2022-09-02

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The USD moved up and down after the mixed jobs report. The expectations for a 75 basis point hike remains little changed, but the markets are a little relieved (at least not getting worse). THe US stocks are a little higher. The yields are a little lower.  The USD is a little lower.

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