Greg Michalowski

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Technical Analysis
USDCHF Technicals
Technical Analysis

USDCHF Technicals: USDCHF has broken back above the 200 hour MA for the 1st time this week

  • Staying above the 200 hour MA in the USDCHF tilts the bias to the upside heading into the week end.
Stock market update
European stocks
Stock market update

Most major European indices close lower and near lows for the day

  • German DAX closes higher bucking the trend
Technical Analysis
EURUSD technicals
Technical Analysis

EURUSD Technicals: EURUSD falls below the 100 day MA, 100 hour MA and 38.2% retracement

  • The three key resistance levels for the EURUSD come in from 1.16398 up to 1.1644. Staying below is more bearish.
Technical Analysis
USDCAD
Technical Analysis

USDCAD Technicals: USDCAD continues its run lower and away from the 100 and 200 day MAs.

  • The USDCAD fell below the 100 and 200 day MA and has seen increased downside momentum. That level is now close risk for traders between 1.3889 and 1.39004.
Technical Analysis
INR
Technical Analysis

USDINR Technicals: USDINR sellers took their shot, but missed. Buyers are back in control.

  • The corrective sellers in the USDINR moved below some short term technical targets yesterday and today, but fell short of the 38.2% of the move up from the November 11 swing low. What next?
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