CORECTION: There is a mistake in the March 3rd label on the video. This is an update for 10 March. In this video, we provide an update regarding the mistake in the label for our previous video. We then focus on the area of double support and its significance for swing and buy-and-hold traders. We outline the line in the sand for a bullish reversal and potential bearish trends and provide our thoughts on the current market conditions. |

You Might Also Like

2023-02-20
Looks like holders of NVDA stock may be taking some risk off the table before the earnings report in 2 days. Watch why and where it may be a nice spot buy in the future. Trade at your own risk only. Visit ForexLive.com for additional views.

2023-02-12
A technical look at all the major currency pairs vs the USD.
Get ahead of the game with this comprehensive weekend forex technical report. We take a deep dive into the technicals driving all the major currency pairs vs the USD, including EURUSD, USDJPY, GBPUSD, USDCHF, USDCAD, AUDUSD, and NZDUSD. Get insights into key levels, trendlines, and other technical indicators to inform your trading decisions.
EURUSD 2:28
USDJPY 6:34
GBPUSD 11:00
USDCHF 14:12
USDCAD 16:50
AUDUSD 19:48
NZDUSD 22:00

2023-02-03
The US jobs report came in much stronger than I expected at 517K. That has us at the US dollar sharply to the upside. What are the technicals telling us now as the bias shifts from more bearish USD, back to more bullish

2022-12-02
What levels are in play ahead of the US (and Canada) jobs reports at 8:30 AM ET. I will look at the EURUSD, USDJPY, GBPUSD and the USDCAD ahead of the US and Canada jobs reports

2022-11-26
The week ahead has as catalysts the US jobs report on Friday where the NFP is expected to add a less than trend 200K jobs. Before that the Fed Chair Powell will be speaking at the Brookings Institute on Wednesday. Two key events that are a prelude to the Fed decision later in the month.
In the video, Greg Michalowski of Forexlive, also looks at the technicals that are driving the bias and risk levels for the major US currency pairs vs the US dollar.

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.
Tags: Featured,newsletter