Greg Michalowski

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Technical Analysis
GBPUSD
Technical Analysis

GBPUSD Technicals: GBPUSD tests key retracement ceiling after two-leg decline

  • The 1.3550 level becomes the short-term battleground as sellers defend control and buyers attempt a rebound
Cryptocurrency
A bitcoin symbol with blood running down it
Cryptocurrency

Bitcoin compresses below key resistance. Looking for a move away from consolidation soon

  • Sellers hold control as “Three’s a Crowd” signals a potential trend move ahead. Be aware
Technical Analysis
USDJPY
Technical Analysis

USDJPY Technicals: The buyers are looking to take more control in the short term

  • The USDJPY buyers need to get and stay above the 153.73 level to break out of the 4 day trading range. Sellers had their shot below the recent trend line earlier today.
Technical Analysis
Greg Michalowski technical analysis
Technical Analysis

EURUSD Technicals: The EURUSD is lower as sellers stay in control

  • The EURUSD sellers are adding to their bearish bias with a break away from the 100 and 200 hour MAs
News
jobless claims
News

US initial jobless claims 198K versus 215K estimate.

  • The US initial jobless claims and continuing claims for the current weeks
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