Category Archive: 4) FX Trends

Main Author Marc Chandler
Marc Chandler
He has been covering the global capital markets in one fashion or another for more than 30 years, working at economic consulting firms and global investment banks. After 14 years as the global head of currency strategy for Brown Brothers Harriman, Chandler joined Bannockburn Global Forex, as a managing partner and chief markets strategist as of October 1, 2018.

USDINR Technical Analysis: Key breakout levels to watch at all-time highs

Fibonacci extensions map the path toward 92.00 and above after price breaches pivotal channel resistance.

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USDCAD sellers stay in control as price stalls below key moving average

Jobs and retail sales data trigger volatility, but technical resistance caps rebounds

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Forex technical view: FX majors set up ahead of US jobs, retail sales, and PMI data

As North America opens, EURUSD, USDJPY, and GBPUSD show key technical signals with nonfarm payrolls, retail sales, and flash PMIs in focus

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USDJPY technical outlook: price slips then rebounds back into a neutral range

Breaks on both sides of key 4-hour moving averages fail as traders await major U.S. and Japan catalysts

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NZDUSD Technicals: The pair is back below the 100 day MA after the failed break

The 100 day MA at 0.5800 was broken last week, but the price moved back below that key MA today.

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AUD/USD Technical Analysis: Buyers Defend Key Support, But Can They Break the Ceiling?

The Aussie dollar survives a scare at the 200-hour moving average, but a stubborn resistance zone is keeping the bulls in check.

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US stock indices weaken as key technical levels break

The Nasdaq is the hardest hit with Broadcom being the stock getting hurt the most

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USDCAD Technicals: Bias remains technically to the downside. Sellers remain in control

USDCAD remains in favor of sellers with BoC holding rates steady at 2.25% amid resilient economy. Inflation stabilizes with grocery bills showing spike. Technical bias points to further downside as sellers control rallies.

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The USD is lower to start the trading week. What is the roadmap fr traders today?

The week will include US employment, CPI, retail sales along with interest rate decisions from the Bank of England, ECB, and Bank of Japan.

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Gold Technical Analysis: Bulls Looking to Break the High of 4388

Gold is pushing higher and bulls are once again testing a key resistance zone near 4388. In this short technical breakdown, I walk through the current price structure, highlight the levels that matter most, and explain what needs to happen for a sustained breakout versus a rejection. This analysis focuses on: Key resistance and support zones Bullish continuation vs rejection scenarios What traders should watch if gold attempts a new high This is...

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Next Week: Six G-10 Central Banks Meet, But Only Two Move–BOE Cuts and BOJ Hikes

Encouraged by the Federal Reserve's rate cut and its T-bill purchases, the dollar was sold. The Dollar Index fell for the fourth week in the past five. Leaving aside the Bank of England, which will most likely cut rates in the week ahead, the easing cycle of most of the other G10 central banks appears …

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USDJPY weekly technical outlook: Price squeezed between key moving averages

After a volatile week, the pair settles near the midpoint, setting up a technical showdown for next week.

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AUDUSD Weekly Technical Outlook: Buyers defend key support/resistance after 3-week rally

The pair hits its highest level since mid-September but faces a pivotal test at the 0.6688 resistance zone.

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NZDUSD weekly technical outlook: Rally stalls at key resistance

The pair posts a third straight week of gains but faces a battle at the 100-day moving average.

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USDCHF Outlook: SNB Policy Holds as Sellers Defend the Range

Technical Analysis: Pair rejects range highs and tests key support following Chairman Schlegel’s comments.

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Market rotation intensifies: Dow rises while Broadcom/NASDAQ moves lower

Tech sector stumbles despite earnings beats, fueling a shift into industrial cyclicals.

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USDCAD Outlook: Strong Canadian Data Meets Technical Resistance

Sellers defend the 100 hour moving average on USDCAD rallies Staying below that MA keeps the sellers in firm control.

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FX technical outlook: EURUSD, USDJPY, GBPUSD set the tone into the North American session

USD sees modest gains post-Fed rate cut; technical analysis on EURUSD, USDJPY, GBPUSD reveals key levels and trends.

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Silver Skyrockets to Record Highs Over $64; Gold Chases $4,300

Silver surges 11% in three days driven by a "perfect storm" of shortages and industrial demand. Meanwhile, Gold breaks key resistance as US debt fears fuel a 60% yearly rally.

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EURUSD Surges as US Yields Slide Post-Fed: Technical Outlook

Dollar weakness drives EURUSD through the Oct 17 high. Video analysis maps the path to the 1.1788 resistance band.

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