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Greg Michalowski

US treasury is auction off $43 billion of a 5 year notes at the top of the hour

The US treasury will auction off $43 billion of a 5 year notes at the top of the hour. The auction comes after yesterdays tepid response for the 2 year auction especially from...

European major indices close higher on the day as sentiment sees a shift

The major European indices are closing higher and near their highs for the day. They also erased earlier declines. The Bank of Canada shift to 50 BPs instead of 75 BPs gave investors...

The USD is moving lower but seeing a little of a rebound in early NY trading. What next?

The USD moved lower vs the major currency pairs:EURUSD moved to the highest levels since September 19 and back above the parity level. The price has rotated back down to the parity level....

Bitcoin sharply higher and looks toward the 50% midpoint and recent highs

Yesterday I outlined how the price of Bitcoin continued to move up and down but had a short term positive bias. I outlined the 100/200 hour MAs as support and if the price...

EURUSD moves back above the July swing low at 0.99515

Focusing on the daily chart of the EURUSD EUR/USD ...

AUDUSD trades to a new session high

The AUDUSD is trading to a new session high and in the process is looking toward the swing hi from yesterday's trade 0.6410. There is a swing area between that level and 0.64159...

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