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.
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Bitcoin technical analysis 05 Aug 2022

2022-08-05

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BTCUSD is in the middel of the presented regression channel and traders seem to be waiting for the next move. See also Bitcoin traders are battling it out in the short term. Find out why in this video. https://www.forexlive.com/Cryptocurrency/bitcin-traders-are-battling-it-out-in-the-short-term-20220804/ ETHUSD technical analysis @ 1663.27 on 05 Aug. Will the bull flag be broken to the upside? -frxYQ

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Russell futures technical analysis for 05 Aug 2022

2022-08-05

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Major US indices open mixed. NASDAQ up. S&P near unchanged Dow industrial average marginally lower. https://www.forexlive.com/news/major-us-indices-open-mixed-nasdaq-up-sp-near-unchanged-20220804/ Russell 2000 broke up the bull flag and showing some resting, probably temporarily.

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Nasdaq futures technical analysis 05 Aug 2022

2022-08-05

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Also see Nasdaq related news at Forexlive as USD slides, oil falls to the worst since Feb 2 https://www.forexlive.com/news/forexlive-americas-fx-news-wrap-usd-slides-oil-falls-to-the-worst-since-feb-2-20220804/ Other technical analysis from ForexLive https://www.forexlive.com/technical-analysis

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ETHUSD technical analysis @ 1663.27 on 05 Aug. Will the bull flag be broken to the upside?

2022-08-05

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Etheruem technical analysis follow up to https://www.forexlive.com/technical-analysis/profitable-ethereum-short-position-ethusd-technical-analysis-snapshot-20220802/ And previously to the trade idea provided in the 1st technical analysis for ETHUSD on https://www.forexlive.com/technical-analysis/ethereum-technical-analysis-20220731/

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Bitcoin traders are battling it out in the short term

2022-08-04

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The price of bitcoin has been consolidating near low levels and maintains a negative bias on the daily chart. However, there is some ambiguity from a short term perspective for the pair. In this video, I breakdown the battle that is going on and explain the risks and bias from a technical perspective..

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The morning technical review fore August 4 of the major currencies. GBP falls. EURUSD stays confined

2022-08-04

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The USDJPY finds sellers near the 200 hour MA and USDCHF cracks back below the 100 day MA and tests 200 hour MA below

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VIDEO: The EURUSD is higher but remains stuck in the mud.The USDJPY has bullish tendencies

2022-08-03

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The morning video looks at the EURUSD, USDJPY, GBPUSD and USDCAD

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VIDEO: The EURUSD made a break and failed. The USDJPY got closer to key support.Key levels in play.

2022-08-02

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A look at a number of currency pairs in this morning video including the EURUSD, USDJPY, GBPUSD, USDCHF, USDCAD and the AUDUSD. What levels are in play? Watch and find out.

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ETHUSD technical analysis and how to manage a profitable short trade

2022-08-02

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A followup to the technical analysis on Ethereum and its short trade idea from 2 agao go, provided here: --nI Now that etheruem is at $1560, the trade is successful, but the stop loss of the ETHUSD short trade is too far. What should be done? Lower the entrance stop to prevent loss? Or abandon the trade? Or partial profit, and how much?

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Drilling down through the AUDUSD charts. What are they showing?

2022-08-01

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The AUDUSD has been rebounding since the low on July 14 and has moved up to test the 38.2% of the 2022 range on the daily chart.   The hourly chart has shown some up and down volatility of late but some bullish buying tendencies. The 5-minute correction today held the 50% but is stalling at a ceiling for the day.  What does the combined story - and drill down - tell us about the pair's bias and risk levels along with key targets ahead?

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VIDEO: A technical look at the EURUSD, USDJPY and GBPUSD to start the trading week

2022-08-01

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The EURUSD moved higher into the London morning session but backed off after reaching the top end of the recent up and down price action (once again). Still waiting for a break. The USDJPY moved to a new low and in the process inched closer to a key cluster of support on the daily chart. Sellers in control. The GBPUSD moved to a new high and left some short term support floors on the downside.

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USDJPY Technical Analysis

2022-08-01

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See the full technical analysis at https://www.forexlive.com/technical-analysis/usdjpy-technical-analysis-with-video-explanation/

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Ethereum technical analysis

2022-07-31

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Some say the most significant component of technical analysis is price movement. ETHUSD hasn't closed a daily candle around $1700 in 3 days. This indicates a lack of bullish momentum to drive Ethereum to a new price level. Technically, ETH is a bear flag. Bear flags continue downtrends. Bear flags have a strong downward move followed by an upward consolidation channel. ETHUSD looks to be in a channel, even without a bear channel, after touching...

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VIDEO: The USD moves higher after the higher core PCE inflation numbers today

2022-07-29

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The US core PCE data was a bit stronger than expected and that has pushed the USD higher in early NY trading after moves lower earlier in the day. The core PCE is a favored inflation figure used by the Fed.  The US stocks are mixed in pre-market trading.

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GDP came out negative putting the US in a technical recession.How has it impacted the USD?

2022-07-28

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The USD GDP came in negative which put the US in a technical recession.  How has it impacted the currency markets.  In this video, I take a look at the EURUSD, USDJPY, GBPUSD and the USDCHF from a technical perspective and traders react to the data today and the FOMC decision yesterday.

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FOMC Day. What levels are in play for the EURUSD, USDJPY and GBPUSD

2022-07-27

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The FOMC decision will be announced at 2 PM ET with expectations for a 75 basis point hike (see Adam's preview HERE).. Rate decision days can be a long drawn out affair between the rate decision and the press conference that lasts an hour. That time and running headlines can cause additional market volatility. Traders have to decide if they want to take on that additional risk. Those that do, need to fully understand the bias defining levels...

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Google stock analysis & trade idea after earnings

2022-07-27

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Yesterday, Google reported earnings. GOOG's 3% after-hours gain after the results report reinforces the view that its 32.5 percent drop from its all-time high (in January 2021) to its most recent low (in May 2022) may be adequate. This may mean good companies have changed enough and bad ones need to shrink. The video presents a technical analysis of the Google stock, with a weekly Anchored VWAP from the COVID collapse bottom. VWAP considers...

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FOMC preview: Watch for a subtle shift

2022-07-27

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Signs of an economic slowdown are here but what will move markets on the FOMC decision are signs of a slowdown in the pace of rate hikes. The market can get laser-focused on the small difference between 75 basis points and 100 basis points but what ultimately matters is the terminal destination of rates. Don’t look for the Fed to say anything explicit, like that they see a peak in inflation. The Fed is missing its mandate on price stability badly...

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Bitcoin follows the key technicals that can lead to big dollar moves

2022-07-26

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In bitcoin, the most active digital currency, traders ask me if they follow technical tools like the ones I use in analyzing currencies, stocks, bonds, and commodities. The answer is .....YES. Traders like to define and limit risk and certain technical tools do just that no matter the instrument. IN this video, I look at the price action of bitcoin on the daily and hourly chart and show how traders can and did, use technicals that led to some...

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VIDEO: The morning technical look at some of the major currency pairs for July 26, 2022

2022-07-26

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The USD is stronger to start the day. How has that impacted the technical picture for the EURUSD, USDJPY, GBPUSD, AUDUSD and USDCAD

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