AUDUSD trades to the lowest level since November and below a key swing area

2023-04-01

Is gold on the verge of a big short? Learn about the potential trading opportunity with a 7 to 1 reward vs. risk ratio in this gold technical analysis video. We discuss the triple top formation, signs of market fatigue, and the yellow channel with touchpoints at 1800 and 1975. Our strategy suggests shorting gold on the next possible spike up at 2010.8, with a final target around 1827 and a stop loss set at 2037 to manage risk.

Keep in mind that this is a high-reward, low-probability trading opportunity, so trade at your own risk!

2023-03-26

In this video, we’ll take a closer look at the recent movement of the GBPUSD, which fell to support on Friday before buyers stepped in. With the buyers now more in control heading into the new trading week, we’ll explore the key levels to watch and potential trading opportunities that could arise.

Join us as we provide you with valuable insights and analysis that can help you navigate the Forex market and make informed trading decisions.

2023-03-09

Discover how to identify bullish or negative signals in the market by monitoring large block trades made by institutions in the options market. In this video, we discuss the current leaderboard for the last 7 days and reveal interesting trends in options trading. We also conduct a technical analysis of the top 3 stocks: Tesla Motors Inc. (TSLA), Home Depot Inc. (HD), and Paypal Holdings Inc. (PYPL). Learn about potential entry and exit points for each stock and gain valuable insights into investor sentiment.

2023-01-13

A technical look at the major currency pairs.

In the morning forex report, Greg Michalowski of Forexlive looks at the EURUSD, USDJPY, GBPUSD, and USDCAD to kickstart the Friday the 13th trading day.

2023-01-09

A forex quick look at the USDJPY from a technical perspective. The USDJPY has seen a rotation lower in the first few hours of trading in the US session, and in the process, stayed below the 50% midpoint of the 2022 trading range at 132.70.

2022-12-28

This is one of the most simple technical analysis, and guide (bullish or bearish) that you will probably see. It shows swing traders and buy and holders (or those seeking to sell some of their holdings) exact prices of when the market is in the favor of bulls or bears, and why. It is a simple map that can provide you with directional clearance, based on a simple and known pattern called a ‘bull flag’ (channel) and previous pivot points, as well as the famous and followed 20EMA, which is a key indicator in technical analysis. Both are descibed below.

About bull flags in technical analysis:
A bull flag channel chart pattern frequently continues a stock’s ascent. It’s characterized by consolidation followed by a rapid upswing.

When a stock’s price rises strongly and sustainably, it forms

2022-12-20

As seen in this technical analysis video, the contrarian strategy in trading the Nasdaq is supported by the high profit vs. risk ratio. The technical logic is also there inside the trading suggestion (long on Nasdaq futures based on the daily chart).

Going against the crowd while investing or trading may be risky since the consequences are typically unknown. True, a contrarian investor or trader stands to profit handsomely if their forecasts are correct and the market moves in their favor.

When investing or trading, it’s critical to discern between actual contrarianism and being opposite for the sake of being contrary. Instead, it is a disciplined and intentional investment and trading strategy based on the assumption that specific companies or asset classes are being mispriced by the

2022-12-13

Dollar lower but off the lowest levels. Stocks show some upside reluctance too.

The USD moved lower and the stocks moved higher after the weaker CPI data, but there is some backtracking going on that needs monitoring from a technical perspective.  In this report Greg Michalowski of Forexlive.com takes a technical look at the EURUSD, USDJPY, GBPUSD, AUDUSD and the S&P and Nasdaq indices.