Category Archive: 4.) Forex Live
Forex video: BNP Paribas likes “Anacott Steel” (well…they really like buying EURJPY)
BNP Paribas is out with a recommendation to go long EURJPY into the BOJ meeting. What do the technicals say for the trade.
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Forex Video: Why traders are not talking when they should be talking
The USDJPY bounce off a key level in trading today and moved higher. One follower of FXL wonders why the retail traders are not talking about the pair anymore, and he wonders why? The answer probably has to do with what happened in the past. The USDJPY had real good support at the 111.00 level …
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Forex Video: AUDUSD traders have a KEY decision to make in the new trading day
AUDUSD sits above a ceiling area but another trend line keeps another lid on the pair The AUDUSD has recovered from a gap lower over the weekend and is making new 2016 highs (trades at highest level since June 2015). It is hard to ignore the break. However, there is some topside resistance that has …
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It is often what cannot happen that helps dictate a currency pairs price action
GBPUSD races higher in trading today (April 11, 2016) Why does a market rally when things might be more bearish fundamentally? Often times, it is because what it cannot do.. The GBPUSD rallied higher in trading today when perhaps the logical thing would have been a move to the downside. Why did it rally? Because …
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Forex Education: What lessons can we learn from the USDJPY price action
The USDJPY has been trending lower in trading this week. That move accelerated the trend to the downside yesterday, but it did bottom. What were some other technical clues from the price action that helped define the moves higher and even lower and what levels are in play in today’s trading?
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Forex VIDEO: USDJPY tests support area near 111.00 level
Will the pair bottom like it has in the past, or break on through? The USDJPY is trading near session lows and also moves closer to what is key support from a technical perspective between 110.96 and 111.03. Why is that level so important? Watch the video and understand why.
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FOREX Trading Education Video: How I prepare and look to trade the US employment reports
On the first Friday of the month (most months that is), the US employment report will be released. Many traders think it is the best day to trade because the market will move. Yippee I look at the employment report as more of a gamble because risk will be at a sky high elevated level. …
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Forex Video: GBPUSD trading above the “Line in the Sand”. What does that mean?
Forex Educational Video: The GBPUSD is trading above a “Line in the Sand” that I – well, “the market” – has defined. A “Line in the Sand” helps to define “Bullish above/Bearish below” trading bias. In this video I discuss the GBPUSD line in the sand and why I think it is important going forward.
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EURUSD surges after Yellen’s dovish comments (March 29, 2016)
The EURUSD has surged higher after Chair Yellen’s more dovish comments. The move higher has the pair moving towards a fairly strong trend line resistance target. Can the sellers keep a lid on it, or push through the target. We should test it in the new trading day. What about support? Where should traders find …
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NZDUSD corrects higher in trading today but runs into resistance_March 28, 2016
The NZDUSD has been moving to the downside over the prior 6 or so trading days. Today is a different story with the price correcting higher. Is the selling over or was this just a corrective move that has shaken out a few shorts? The technical levels are telling the story. In this video, Greg …
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Forex technical analysis: GBPUSD looking for a short term bottom. Maybe…
The GBPUSD has fallen again today and in the process fell below a trend line on the 4-hour chart, but is the intraday price action telling us that perhaps the bottom may be forming? There is some support at the 1.4100 area to perhaps suggest one is in place. Here is why…
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Forex technical analysis: The EURUSD has room to roam.
In the morning video, I look at the EURUSD and outline the bias and explain why there is room to roam and the target for trading today.
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GBPUSD: What is the price action and technical tools telling us
The GBPUSD has moved lower in trading today, but failed on a break of a technical support level. The pair has corrected and is moving back down. What is the price action and technical tools telling us? Who is in control and why? I will explain.
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Forex Technical Analysis:What now for the EURUSD after Belgium bombing
The Belgium terrorist bombings sent the EURUSD lower and traders scrambling. However there has been a rebound off the lows. What now as there is more calm?
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Was the FOMC decision made at the G20?
The direction for the Fed comes from the top and in late February Yellen attended the G20 in China. Global markets turned around almost immediately after the summit. Were there whispers about central banks doing more?
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Has the USDJPY bottomed? The charts are showing some bullish signs.
The USDJPY took out the year and 17 month lows this week but failed. Is that and the BOJ concerns about the currrency enough to see a bounce in next weeks trading (for week starting March 21, 2016)
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A Technical look at the GBPUSD for the week ending March 18, 2016
Greg Michalowski of ForexLive takes a technical look at the GBPUSD as the week ends and traders look forward to the new trading week.
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A technical look at the EURUSD Mar 17 2016
In this video, Greg Michalowski from Forexlive takes a look at the EURUSD as it forms a pennant formation.
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Why Donald Trump will be the next President
A year ago Donald Trump’s candidacy was a joke and to many people it still is, but he’s on the verge of winning the Republican nomination. Adam looks at why Donald Trump will keep winning all the way to the White House and what it says about the trends in politics. He also talks about … Continue reading »
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