Light crude oil futures technical analysis & trade idea

2022-11-24

The following shows a speculative and unconfirmed channel, since confirmed onces must have at least 2 touch points on each lower and top band of the channel. However, this is one method of ANTICIPATING the next junction to watch, assuming other traders and algos will be looking at that possible touch point and channel and it is created, if it will be created.

Till now and since our last call, via the comments are on ForexLive.com (do follow the comments on each post, as they may introduce interesting price action developments and technical setups), the market is still bullish. Will it lose steam soon? Watch the video and look at what happens on the next junction, as well as follow https://www.forexlive.com/technical-analysis

2022-11-17

A technical look at 4 major currency pairs to start your trading day.
In the morning forex technical report, Greg Michalowski of Forexlive takes a technical look at the price action impacting EURUSD, USDJPY, GBPUSD and the USDCAD in early North American trading. What next?

Get in synch with the market and the technicals as they help define the bias and the risk for your trading.

2022-11-13

2022-09-09

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

2022-09-04

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
https://www.forexlive.com/technical-analysis/natural-gas-futures-natgas-technical-analysis-and-trade-idea-short-20220829/

Russell 2000
https://www.forexlive.com/technical-analysis/russell-2000-technical-analysis-in-10-seconds-20220831/

And the trade idea for a Long on the Russell for the 2nd week of September 2022

RTY Long buy order numbers and prices, as follows
1 1805
2 1781
3 1764
4 1732
5 1727
6

2022-08-30

– The EURUSD is trading above its 100/200 hour moving averages which is bullish, but remains below its 38.2% retracement of the recent move lower
– The GBPUSD traded to a new low going back to March 2020, but could not sustain the momentum and is trying to build off of a swing low from yesterday 1.1648 be aware.
– The USDJPY move closer to the July high at 139.384 (high reached 139.07), but backed off a bit.
– The USDCHF ran away from its 100 day moving average today and toward the swing area between 0.9783 and 0.9801.  The question going forward is can the price stay above the 100 day moving average after 5 days where the price traded above and below the level
– The USDCAD moved to the highest level since mid July and above a swing area between 1.3074 and 1.3093.  Can the price stay

2022-08-29

Reward vs risk is quite attractive for a 3 part short trade here on natural gas futures.

See the full Natgas futures technical analysis at: https://www.forexlive.com/technical-analysis/natural-gas-futures-natgas-technical-analysis-and-trade-idea-short/