This week 4 of the “Magnificent 7” (Microsoft, Amazon, Alphabet and Meta reported) reported their earnings and their results really didn’t matter. The markets were intent on moving to the downside spurred on by higher yields, concerns about global growth, concerns about the Fed, and concerns about Israeli/Hamas war. The wall of worry is high.
In this video, I outline the risks and targets in the GBPUSD as we work toward the close for the week, and the look ahead into the new trading week. What are the targets? What is the risk now? What did the price action today tell us technically? This article was written by Greg Michalowski
In this video, I outline the risks and targets in the USDJPY as we work toward the close for the week, and the look ahead to the new trading week. What is the bias? What are the targets? What is the risk? What did the price action today and this week tell us technically about
In this video, I outline the risks and targets in the USDCAD as we work toward the close for the current week, and the look ahead to the new trading week starting October 9, 2023. What is the bias? What are the targets? What is the risk? What did the price action today and this
In this video, I outline the risks and targets in the USDCH as we work toward the close for the week, and the look ahead to the new trading week. What is the bias? What are the targets? What is the risk? What did the price action today and this week tell us technically about
The EURUSD is looking to close the trading week below the 200-hour MA and a cluster of resistance near 1.0610, but above the 100-hour MA at 1.05614. Those levels will be the barometers for buyers and sellers in the new trading week. In the video, I break down the levels and explain why they are
The USDJPY had a volatile down and up trading day with the full 100 pip move to the downside in the first half of the day, nearly fully retracted in the 2nd half of the day. The low price today moved to the 200-hour moving average and the picture set midpoint of the move up
In this video, I take a look at the NZDUSD and outlines the key technical levels in play heading into the new trading week starting October 2, 2023. This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز
Challenger is reporting that they see the labor market starting to cool as the holiday season kicks off. They add: Employers are hiring at a slower clip Retailers have announced 55,755 job cuts through August US retailers will add 410K seasonal positions, which represents the lowest number of jobs added in the 1st quarter since
The $1.2 billion United States Oil Fund (USO) is the biggest US oil ETF. Its rebooting its pre-pandemic investment strategy that drew the scrutiny of regulators and helped roil markets in 2020. In September it’ll begin to back to allocating the majority of its holdings to the nearest oil futures contract, rather than spread exposure
