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Greg Michalowski

EURUSD back below broken trend line

The EURUSD has moved back below the upward sloping trend line that currently cuts across at 0.9759. The low from earlier in the day remains intact at 0.9729, but sellers remain in control...

Atlanta Fed GDPNow index rises to 3.6% from 2.6% last

The model for 4Q growth in the US from the Atlanta Fed showed a sharp jump to 3.6% from 2.6% on November 1. The GDPNow model estimate for real GDP growth (seasonally adjusted...

FOREX QUICK: USDJPY moves off resistance and back toward MA support

IN this video Greg Michalowski from Forexlive, takes a look at the technicals driving the USDJPY pair in trading today. On the topside, a downward sloping trend line stalled the rally. In...

US factory orders for September 0.3% vs. 0.3% expected

US factory orders for September 0.3% vs. 0.3% expectedprior month revised to 0.2% from 0.0%Durable goods revisions for September 2022preliminary durable goods report for September 2022Durable goods remained unchanged at 0.4% from its...

AirBNB beat on the top and bottom line, but stock moves lower

Major releases after the close AirBNB beat on the top and bottom when:EPS $1.79 vs. $1.47 estimaterevenues $2.88 billion vs. $2.84...

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