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 USDCHF based at a key support target and it led to bounce. What does that tell you?

While the price was selling off yesterday, it ran into a channel trend line and stalled. Risk could be defined and limited against the trend line and a moving average as well. Risk is more important than you might think.

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USDCAD reverses higher today and reversing the declines from the last two days

The price has moved back toward the Monday closing level. Back above the 100 hour MA and looks toward swing area target at 1.39246 to 1.3937

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The good times are over. Stocks lower, yields higher and oil higher. The USD is back up.

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

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Hope Dashed, Risk Appetites Slashed Ahead of Long Holiday Weekend for Many

President Trump’s national address seemed to contain little more than a reading of some of his recent social media posts. The market was eager for some sign of confirmation of its hope that had buoyed the capital markets in the last couple of sessions. It found none. The threat of escalating attacks while reiterating that …

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AUDUSD buyers follow through with more buying today. Watching the broken 200 hour MA now.

The 200 hour MA in the AUDUSD was broken at 0.6922. Can the price continue to hold that level and run to the upside?

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USDCAD backs off the boil from the recent trend move higher and corrects lower.

The price is below the 100 hour MA at 1.3894 and back below the broken 61.8% at 1.3888

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The USDCHF moves from a higher trend line to a lower trend line. Testing key support.

The USDCHF tests a key technical target defined by lower channel trend line and 100 bar MA and 100 day MA. Key technical support cluster.

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The markets continue their positive progression with stocks higher, oil/yields/USD lower.

The EURUSD, USDJPY and GBPUSD are following a dollar lower pattern as hopes for an end to the war dominates

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Hope Boosts Risk Appetites and Drags the Greenback Lower

Hope springs eternal, and the capital markets are trading on hope that the Middle East war ends shortly, even as missiles continue to be fired in the region. President Trump again hinted that the war may be winding down shortly. He will address the nation at 9:00 pm ET today. At a news conference today, …

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USDJPY moves further from the 160.00 level and cracks below the 200 hour MA target

The 200 hour MA comes in at 159.19 and that is now a close risk level for sellers looking for more downside. Targets at 158.89 and then 158.558.

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Mixed War News Keeps Oil Firm and the Greenback Consolidating

War developments pulled in both directions, leaving investors on edge On the one hand, Iran struck an oil tanker, carrying Kuwait oil, in port in Dubai. On the other hand, reports suggest President Trump told aides he is willing to wind down hostilities and pressure Iran diplomatically to re-open the Strait of Hormuz. May WTI …

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Buyers kicking the USD higher (with the USDJPY the exception). What levels are in play?

The video takes an updated technical look at the EURUSD, USDJPY, GBPUSD, USDCHF and AUDUSD.

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USD is mixed to start the new week with the greenback lower vs JPY and higher vs EUR & GBP

Stocks are rebounding, yields are moving lower and oil is up but off the lows

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US Dollar’s Advance Continues but Verbal Threats Lift the Yen

The Middle East war rages on. The Houthis have entered the fray and there is risk that it shuts the Bab El-Mandeb Strait. Aluminum and steel facilities have been reportedly attacked. The US continues to amass forces, including troops, ostensibly for a potential landing operation. There seem to be two “logics” playing out. One is …

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April 2026 Monthly

Wars rarely stay where they start. The Israeli and American military campaign against Iran—the most direct confrontation with Tehran in decades—has sent shockwaves well beyond the Middle East. The fog of war obscures the tactical picture almost daily, but the economic transmission mechanisms are clear enough, and investors who mistake this for a regional skirmish …

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AUDUSD is contained below a swing area. Sellers are in control.

The AUDUSD Is below the swing area between 0.6896 and 0.6909. Stay below and sellers are in firm control.

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The Nasdaq and the S&P continue lower. What levels are in play technically?

The price of both the indices are below the lows from last Friday's trading.

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USDCAD stretches to new highs and gets above the next target resistance target

The price is moving above the 1.3860 level. Can the buyers keep the momentum going on the break?

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USD is up to kickstart Friday’s trade in the US. What are the technicals telling traders

A technical look at the EURUSD, USDJPY and GBPUSD to kickstart the North American session

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The Dollar and Oil are Bid

The dollar and oil remain firm. The market has a had muted reaction to President Trump’s announcement late yesterday that it will extend its pledge not to strike Iran’s energy infrastructure for ten days (April 6). At the same time, reports indicate the US is considering sending more troops to the area. The logic of … Continue reading »

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