Greg Michalowski

Latest Articles

Sort by: Latest | Oldest
Sort by: Latest | Oldest
Technical Analysis
silver market
Technical Analysis

Silver traders take the price below the 200 day MA for the 1st time since April and failed

  • Silver price reverses above 200-day moving average, setting stage for a potential corrective rally. The next upside targets at $70.87 and $74.99. Failure to maintain upward momentum above the 200 day MA could lead to retest of $63.98 and $60.73 support levels.
Technical Analysis
EURUSD
Technical Analysis

EURUSD bounces into a targeted retracement area and finds willing sellers.

  • The 38.2% retracement of the move down from Friday's high stalled the rally at 1.1554. On the downside, the 100/200 bar MA on the 5 minute chart is trying to hold support as traders battle.
Technical Analysis
GBPUSD technicals
Technical Analysis

What you see is how you should trade. The GBPUSD is using levels that traders can see.

  • The GBPUSD bounces off the low from May at 1.33045 and finds sellers on the bounce against a swing area target at 1.33658 to 1.33739. What you see help define trading levels
News
European close image
News

Major European indices close mixed

  • Italy's FTSE MIB and UK's FTSE 100 rise. Germany's DAX, Francis CAC, Spain Ibex fall
Technical Analysis
AUDUSD
Technical Analysis

AUDUSD rebounds in trading today, but cannot get and stay above the 100 day MA target

  • The 100 day MA in the AUDUSD comes in at 0.7073. The high today broke briefly above that level to 0.7077, but quickly reversed. If the price cannot stay above the 100 day MA, the sellers are in play/control at least in the short term.
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}