Greg Michalowski

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Technical Analysis
USDCAD
Technical Analysis

USDCAD moves to a new high going back to December 2025

  • The price is also ticking above the 38.2% of the trading range since the 2024 high.
News
Canada building permits
News

Canada building permits for April -7.6% versus -3.5% estimate

  • Canadian building permits data for April 2026
News
Initial jobless claims high
News

US Initial jobless claims 229K vs 219K estimate. Continuing Claims 1.795M vs 1.780M est.

  • The weekly initial and continuing claims for the current week.
Technical Analysis
Greg Michalowski Kickstart
Technical Analysis

The USD is little changed as the market awaits the next shove

  • The USD traders are tired of the middle east news. Traders seem to be content to just wander sideways as it awaits a new shove/new storyline.
Stocks
Bears
Stocks

Stocks rally shortly after the open, but reverse lower. Close near the lows for the day

  • Bears win. Initial gains after CPI data could not be sustained. Concerns about increased military aggression in the Middle East sends stocks lower
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