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.

A technical look at the major 3 indices to start the new trading week

US stocks are higher and yields are lower. The USD is mixed.

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USDJPY Technical Analysis – The rise in Treasury yields drive the pair higher

#usdjpy #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market. ---------------------------------------------------------------------- Topics covered in the video: 0:00 Fundamental Outlook. 1:14 Technical Analysis with Optimal Entries. 2:28 Upcoming Catalysts...

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Week Ahead: Fed to Cut, but Should it? BOJ and BOE to Stand Pat, but Should They?

(Happy Holidays. Daily Commentary will resume on January 6.  January monthly will post on January 4) The Swiss National Bank and the Bank of Canada delivered 50 bp rate cuts last week, and the European central bank cut by a quarter-point. The monetary easing cycle looks set to carry into next year. The Reserve Bank of Australia remains on hold and a stronger than expected employment report dampened speculation of a cut in Q1 25. The US CPI was in...

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EURUSD sellers keep the pair below moving averages for most of the week….

...but the support floor stalls the fall. What next going into the new trading week?

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GBPUSD sets the key levels to eye in the new trading week with the price action today

Sellers in the GBPUSD are more in control heading into the new trading week.

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NZDUSD testing floors from 2022 and 2023 . Can the floor be broken?

Swing lows from November 2022 and 0.57397, and October 2023 and 0.5772 are being tested this week. Break below increases the bearish bias. Stay above and a rotation higher would be eyed

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AUDUSD sellers remain in control but with a key floor area on the downside being tested

The AUDUSD floor area going back to November 2023 between 0.6334 to 0.6363

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USDCAD extends to a new 4+ year high. What discredits the bullish bias in the short term?

It is up to the sellers to take back control. What would give them even a small victory?

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What is moving? Technicals in play for the 3 major currency pairs to start the new day

A technical look at the EURUSD, USDJPY and GBPUSD

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Japan’s Tankan was Uninspiring and UK Disappoints with Contracting Economy in October

Overview: The US dollar is mixed against the G10 and emerging market currencies to finish out the week. Among the G10, sterling and the yen are the heaviest. Japan's Tankan survey was unimpressive and does nothing to reanimate speculation of a BOJ rate hike next week. Sterling has been dragged down by unexpected news that the economy contracted in October for the second straight month. The euro is being aided by the unwinding of cross positions...

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Gold Technical Analysis – The focus has switched to the FOMC decision

#gold #xauusd #technicalanalysis In this video you will learn about the latest fundamental developments for Gold. You will also find technical analysis across different timeframes for a better overall outlook on the market. ---------------------------------------------------------------------- Topics covered in the video: 0:00 Fundamental Outlook. 0:47 Technical Analysis with Optimal Entries....

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NZDUSD trades near lows for the day and the year.

NZDUSD trades in between a swing area between 0.5741 to 0.5771.

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USDCHF runs higher after surprise 50 bp cut by the SNB. What next?

The SNB cut rates to 0.50% from 1.00% on the back of lower inflation

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AUDUSD has floor support and resistance at the 200 hour MA

The buyers and sellers in the AUDUSD have put their flags in the ground.

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Kickstart your FX trading for Dec 12 w/ a technical look at the EURUSD, USDJPY and GBPUSD

What levels are in play(and why) for the major currency pair to start the new trading day

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SNB Slashes Policy Rate in Half

Overview:  The US dollar is mostly softer today, but the tone is mostly one of consolidation. The Swiss National Bank surprised with a 50 bp cut and the franc is the only G10 currency that has not edged up against the greenback today. Australia reported a stronger than expected employment report. This boosted Australian yields and the Aussie, which is the strongest of the G10 currencies. Shortly, the ECB is expected to announce a quarter-point rate...

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USDJPY Technical Analysis – The JPY weakens on known news

#usdjpy #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market. ---------------------------------------------------------------------- Topics covered in the video: 0:00 Fundamental Outlook. 1:09 Technical Analysis with Optimal Entries. 2:24 Upcoming Catalysts...

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Buyers in the AUDUSD stall the fall at key floor target.

Can buyers keep the corrective momentum? The swing floor area going back to November 2023 stalled the fall today (between 0.6334 to 0.6363)

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Bank of Canada interest rate decision ahead. What to look for technically.

With the price trading near 4 year highs, the question technically is what would tilt the bias lower?

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Kickstart the trading day with a technical look at 3 major currency pairs

A technical look at the EURUSD, USDJPY, and GBPUSD

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