Greg Michalowski

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Technical Analysis
USDCHF
Technical Analysis

The USDCHF sellers remain in control from longer and shorter term perspective. Here's why.

  • The price broke to the lowest level since 2015 in the long-term. Bearish. The price remains below its falling 100 hour moving average in the short term. Bearish.
Technical Analysis
USDCAD
Technical Analysis

USDCAD buyers had their shot above 200H MA/50% retracement and missed.Its the sellers turn

  • USDCAD falls back toward the 100-hour MA at 1.31752
Technical Analysis
AUDUSD
Technical Analysis

AUDUSD consolidates with technical levels defining the up and down range.

  • The AUDUSD finds support ahead of the 38.2% of move up from the July 6 low at 0.67814. Resistance near the 100-hour MA at 0.68305..
News
News

US business inventories for May +0.2% versus 0.2% expected

  • US business inventories for May 2023
Technical Analysis
USDJPY
Technical Analysis

USDJPY consolidates but below the 100 hour MA at 138.457

  • Getting and staying above its 100 hour moving average is key for the USDJPY if the buyers are to take more control
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