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.

EMU PMI Disappoints, US Snubs G20, and BOJ Threatens to Buy JGBs

Overview:  The US dollar enjoys a firmer tone today after falling to new two-month lows against several of the G10 currencies. The market lacks near-term conviction as the US tariff threat looms after next week. US Secretary of State Rubio and Treasury Secretary Bessent have not attended the G20 meetings in South Africa due to tension in the bilateral relationship but adds to sense of US unilateralism, which is often mischaracterized as...

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USDCAD breaks below the 100 hour MA. Can the momentum lower continue?

Close risk for sellers on the break is now 1.4208 for traders looking for more downside in the USDCAD currency pair

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The USD is lower to start the US session. What are the technical telling traders now?

A technical look at the EURUSD, USDJPY and GBPUSD to kickstart the trading day.

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Yen Jumps amid Signs Tokyo Does Not Object to Normalizing Monetary Policy

Overview:  The dollar's gains scored in North America yesterday have been reversed today.  It is softer against all the G10 currencies, led by the Japanese yen.  The greenback was pushed below JPY150 for the first in a little over two months, ostensibly on the back of greater confidence that the BOJ will continue to hike rates, but if anything the swap market is slightly softer than yesterday. Still, the dollar does not look to have bottomed...

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Gold Technical Analysis – Lack of bearish news keeps the bulls in charge

#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. 0:36 Technical Analysis with Optimal Entries. 1:36 Upcoming Catalysts...

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EURUSD sellers push the pair to the support target at 1.0405 level. Key target for traders

The 1.0405 level in the EURUSD is the 200-hour MA and the 50% midpoint of the EURUSD range since the 2022 low

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AUDUSD buyers remain in control after failing to move lower after RBA cut yesterday

What would hurt the buyer's momentum? Or keep the buyers happy? I will talk about it in the video.

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The RBNZ cut rates by 50 bps and the NZDUSD moved lower into MA support and bounced.

What next for the NZDUSD after the bounce higher in trading today? I will outline the key technical levels in play for the pair TODAY.

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USDCHF continues the bounce off last week’s lows

The USDCHF price is back above the 100 hour MA at 0.9021 but just barely. Key barometer for traders in the short-term for the USDCHF traders.

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USDCAD buyers trying to make a play to the upside in the short term.Watch the 100 hour MA.

Traders took the price of the USDCAD above the 100 hour MA after holding below it yesterday. That tilt is a modest positive for traders looking for a bottom. Stay above will be a key barometer for traders today.

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The USD is mixed. What technical clues are in play for the EURUSD, USDJPY and GBPUSD

The USD is higher vs the EUR and GBP but lower vs the JPY

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Euro’s Pullback Extends, While the Kiwi Shrugs Off Third Half-Point Cut by the RBNZ

Overview: The US warned that the next phase of the tariff war could be announced in early April and three industries, auto, pharma, and chips. President Trump's comments suggested sometime between the announcement and the implementation. He did not specify if USMCA trade would be exempt for the auto tariffs. Some auto parts reportedly cross the border four-five times. The dollar is mixed against the G10 currencies. The Reserve Bank of New Zealand...

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USDJPY Technical Analysis – Higher Treasury yields limit the JPY gains

#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. 0:48 Technical Analysis with Optimal Entries. 2:06 Upcoming Catalysts...

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USDCHF buyers are making a short term play after bouncing off support level on Fri./Monday

The USDCHF is approaching the falling 100-hour moving average at 0.9038

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AUDUSD has up and down day as the market digests the first rate cut by RBA in 4 years

The RBA snapped a string of 10 meetings with no change in policy.

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USDCAD finds sellers against the falling 100 hour MA keeping the sellers in control

A rise above the 100 hour MA at 1.42144 is needed to tilt the short-term bias in the buyers direction

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The USD is mostly higher.Little changed vs CHF, CAD & AUD. RBA cuts 25 bps.US/Russia meet

What are the technicals driving the major currency pairs - the EURUSD, USDJPY and GBPUSD

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Greenback Comes Back Firmer

Overview:  The US dollar enjoys a firmer tone against most of the G10 currencies in relatively quiet turnover. Ironically, the Australian dollar is the best performer and it is virtually flat, despite the beginning of the central bank's easing cycle earlier today. Governor Bullock pulled over a hawkish cut in the sense and futures market pushed out the next cut until August. The UK report stronger wage growth and the first increase in employment in...

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Gold Technical Analysis – Awaiting the next catalyst

#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. 0:41 Technical Analysis with Optimal Entries. 1:43 Upcoming Catalysts...

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What technical levels are in play for the AUDUSD through the RBA rate cut in the new day?

The Reserve Bank of Australia is poised to cut rates for the first time in over four years

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