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.

The USD is lower vs the JPY by 0.40%. Versus the EUR and GBP, the USDs decline is modest

What technical levels are in play for the EURUSD, USDJPY and GBPUSD to kickstart the new trading day?

Read More »

Dollar’s Downside Momentum Stalls

Overview: The US dollar is stabilizing most of the G10 currencies today after its recent losses. As the North American markets are set to open, the greenback is posting minor gains against the G10 currencies but the Japanese yen and Australian dollar. The news stream is light. The market has lifted the odds of a … Continue...

Read More »

Broader indices trade to new session highs. What technical levels are key for S&P/Nasdaq?

The broader indices are keeping the bullish bias and stepping toward next key targets near all-time highs.

Read More »

NZDUSD Technicals: A forex quick look at the technicals driving the NZDUSD.

The NZDUSD is trading to a new high and looks toward a swing area high and looks toward stronger levels above near 0.5800.

Read More »

USDCAD Technicals: A forex quick look at the technicals driving the USDCAD.

What is the roadmap for traders RIGHT NOW for the USDCAD? I will go through the key levels in this short video.

Read More »

USDJPY Technicals: A forex quick look at the technicals driving the USDJPY right now.

The price of the USDJPY is testing a key target level at the 155.00 area

Read More »

USDINR Technicals: The upside run in USDINR continues. Stretches toward the Fib extension

The target for the USDINR from a technical perspective targets the Fibonacci extension at 90.573

Read More »

Stocks are higher, yields are lower and the USD is lower. How about the technicals?

In this video, I take a look at the technical driving the 3 major currency pairs to kickstart the new trading day - the EURUSD, USDJPY and GBPUSD. What are the technicals telling traders about the bias, risk and targets.

Read More »

After Pausing Yesterday, the Greenback’s Slide is Extending Today

Overview: The US dollar is under pressure today. Stronger European final PMI readings and a pullback in US yields have seen the greenback sold through last month's lows against several G10 currencies. And even where the data disappointed, like Australia's Q3 GDP or Switzerland's CPI, the currencies are bid. Led by central European currencies, most …

Read More »

Silver in focus: is the XAGUSD rally entering its next phase?

Silver has surged with remarkable momentum, outperforming the broader metals group and drawing attention from traders watching for the next potential move. In this week’s Exness Market Outlook, Stanislav Bernukhov recaps last week’s Bitcoin idea before turning to a developing setup on Silver, looking at what the latest price behavior may be signaling and which upcoming data could influence sentiment. Is this strong rally hinting at a continuation...

Read More »

USDCHF Technicals: The USDCHF remains mired in up and down range

The up and down price action is frustrating, but finding the key levels could help you trade the levels in the USDCHF.

Read More »

USDCAD Technicals: USDCAD finds resistance at the 100 hour MA. Falls back to swing area.

The swing area support comes in at 1.3968 to 1.3975 for the USDCAD.

Read More »

USDINR trading to new all-time highs. What levels are key from a technical perspective?

Although the price of USDINR is stretching to new all-time highs, traders can still target levels and define risk levels as well. IN the video, I talk about the technicals in play for the buyers and the sellers.

Read More »

USD is mixed to start the day. What are the technicals telling traders for the Big 3 pairs

The USDJPY is higher (higher USD), but little changed vs the EUR (-0.06%) and the GBP (+0.03%) after ups and downs in trading today.

Read More »

Is the Dollar’s Consolidation a Prelude to an Upside Correction?

Overview: The dollar has traded heavily in recent days, and it is consolidating in narrow ranges with a slightly firmer bias today. US rates, which jumped yesterday, are sustaining higher levels through the Asia Pacific session and the European morning. We suspect the greenback has scope for additional near-term corrective gains. Despite a solid 10-year …

Read More »

Indian Rupee Price Prediction, the One You Need to See.

Don't panic, mate, we've got you covered. The Indian rupee has slipped to fresh record lows and is now approaching the psychologically key 90-per-dollar area. Weak foreign inflows, broader risk aversion, and uncertainty around trade discussions have intensified pressure on the currency. The central bank has reportedly been stepping in to slow the decline, but traders still question whether 90 could be reached before the end of the year. Forecasts...

Read More »

NZDUSD Technicals: NZDUSD is back testing a swing area after trading to new 4-week highs

The NZDUSD traded to the highest level since October 30

Read More »

AUDUSD Technicals:The AUDUSD has traded down and up and is back near unchanged. What next?

The AUDUSD is trading up and down but with defined support and resistance targets giving traders the roadmap to start the new trading week.

Read More »

USDCAD Technicals: The USDCAD is pushing back lower and below swing area up to 1.3975.

The close risk is at 1.3975 with the broken 38.2% at 1.39847. Stay below is more bearish.

Read More »

The USD is lower to kickstart the day, new week and new month in the NA session

The USDJPY is the biggest mover with the EURUSD and GBPUSD also making new extremes to start the NA session.

Read More »