Greg Michalowski

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News
Trump news
News

Trump: Discussions with Iran to determine whether broader agreement can be reached

  • Trump engages in crucial discussions with Iran to prevent nuclear weapon development. World safety at stake as negotiations progress.
Technical Analysis
GBPUSD
Technical Analysis

GBPUSD had defined a more narrow trading range after the sharp move higher

  • The GBPUSD has support near 1.3362 and 1.3374 and resistance between 1.34708 to 1.3488.
Central Banks
US GDP
Central Banks

Goldman Sachs raises its US recession probability

  • Wall Street Journal reports that Goldman Sachs is raising its recessionary probability to 30% up 5% from its prior estimate
Technical Analysis
USDCHF technicals
Technical Analysis

USDCHF breaks the 200 hour MA and runs to swing area support.

  • The swing area on the downside between 0.78349 and 0.7840 stalled the fall. On the corrective move higher, the 200 hour moving average at 0.7872 is topside resistance
Technical Analysis
Gold
Technical Analysis

Gold moved to the lowest level since November, testing a key MA before bouncing.What next?

  • The 200 day MA at $4072.19 was approached today, but buyers stepped in. What next after the run higher?
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