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.

USDJPY breaks higher this week and extends above the 38.2% of move down from July 3 high

The 38.2% is close support/risk going into the new trading week. The 50%, 200 day MA and the 100 day MA between 150.757 and 151.599 are upside targets

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The EURUSD had moved lower to the next target support, setting the levels for next week.

The 61.8% retracement at 1.0944 and a swing area between 1.0942 and 1.0949 will be a key bias defining level for next week's traders. Move below is more bearish.

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NZDUSD continues lower today. RBNZ 50 BP cut expected next week.

What is the price action and technicals telling traders in the NZDUSD?

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The AUDUSD is lower and below a key downside target.What next for today and going forward

The 0.6820 area is key resistance ceiling now. Staying below keeps the sellers in control today and going into next years trading.

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The USDCAD runs higher after the US jobs report.What next technically for traders ?rexLive Video

The USDCAD buyers take more control.

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USDCHF breaks out. The pair surges outside the “Red Box” after stronger US jobs report

The break above 0.86368 was met with strong buying

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The US jobs report sends the USD higher but what about the technicals for 3 major pairs

A technical look at the EURUSD, USDJPY and GBPUSD.

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USDJPY Technical Analysis – All eyes on the US NFP report

#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. 0:53 Technical Analysis with Optimal Entries. 2:09 Upcoming Catalysts....

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The NZDUSD and the AUDUSD has moved lower, but are finding dip buyers near support

In this video, I take a technical look at the NZDUSD and AUDUSD.

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The story remains the same for the USDCHF as the “Red Box” resistance target stalls rise.

The high of the up and down consolidation at 0.85368 stalled the rally today.

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Kickstart the FX trading day for Oct 3 with technical look at the EURUSD, USDJPY & GBPUSD

What is driving the 3 major currency pairs technically in trading today

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AUDUSD moves into a more neutral territory as sellers are back in play

Why are the technicals more neutral? What would increase the bearish bias? What would shift the bias higher (bullish)?

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NZDUSD trades toward the low from yesterday. Seller make a play

The NZDUSD sellers are pushing lower. RBNZ rate decision next week.

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USDCAD trades up and down but below converged 100/200 hour MAs

The 100/200 hour MAs of the USDCAD near 1.3500

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The USDCHF is making a break to the top…well one break. More work to do.

The price of the USDCHF is above the 100 bar MA on the 4-hour chart at 0.8486. Stay above is more bullish.

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Kickstart the FX trading day w/a technical look at the EURUSD, USDJPY & GBPUSD

The USDJPY is higher. The EURUSD and the GBPUSD is waffling up and down.

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Iran bombs Tel Aviv



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The AUDUSD/NZDUSD are moving lower w/geopolitical and risk-off sentiment the catalyst

The AUDUSD is below its 100 hour MA but still above the 200 hour MA. The NZDUSD is below both MAs. Bearish.

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In the kickstart video for Oct 1, I take a technical look at EURUSD, USDJPY and GBPUSD

What are the trading roadmaps for the three major currency pairs? What is the bias? Where are the targets? Where are the risks?

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EURUSD extends to new lows for the day and back below MA support levels

The EURUSD is back below the 100 hour MA and the 200 hour MA at 1.11647 and 1.1151 respectively. Close risk now for sellers.

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