Greg Michalowski

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Technical Analysis
USDJPY
Technical Analysis

USDJPY: Seller had their shot below the rising 100 hour MA. They missed.

  • The 100 hour MA is at 161.627. The highest level since 1987 is at 161.95. The high today reached 161.94
Commodities
crude oil tanker
Commodities

Crude oil futures settle at $71.92, but remains below key MA targets

  • Corrective move higher takes the price back toward the 100 hour MA and the 200 day MA.
News
Bonds
News

US treasury sells $44 billion of 7- year notes at a high yield of 4.26%

  • WI level at the time of the auction 4.26%
Stocks
Old and new
Stocks

Micron's up, but Nvidia, Alphabet, Meta, Microsoft, Apple, Tesla are looking old and tired

  • Many of the darlings of the past are looking to break below 100/200 day MAs
Technical Analysis
AUDUSD
Technical Analysis

AUDUSD dip buyers try push higher, but upside momentum fades near resistance target.

  • The AUDUSD has moved up to test the underside of the broken trend line and found willing sellers. Watch for a break of 0.6915 and then the 100 hour MA at 0.6947 for buyers victories.
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