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.

Eerie Calm in FX Market

(On a business trip and attending Trade Tech FX USA in Miami.  Commentary to resume with the Week Ahead on February 15.) Overview: The US announced that the 25% steel and aluminum tariffs will not be effective for a month (March 12), and this gives the impression that they are a negotiating tactic, which may help explain why there has been a muted reaction. Some observers argue that the broader steel tariffs than in 2018 are meant to crackdown on...

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USDJPY Technical Analysis – Focus on the US CPI 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. 1:13 Technical Analysis with Optimal Entries. 2:22 Upcoming Catalysts...

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The buyers showed up on dips in AUDUSD today, but swing area resistance is doing its job.

The 100 hour MA is now close support with swing area between 0.6287 to 0.63016 as resistance

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USDCHF buyers made a play above a swing area earlier, but failed. What levels are in play?

The technical look at the USDCHF to start the new trading week

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EURUSD is off low but still bearish. USDJPY is below 100/200D MAs. GBPUSD bearish tilt

What is moving the 3 major currency pairs technically to start theUS session and the new trading week.

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USD Surrenders Most Gains Seen after Trump Threatens Steel and Aluminum Tariffs

Overview:  The US is continuing to brandish the tariff threat. On top of the "reciprocal tariff" threat signaled before the weekend, yesterday, President Trump indicated he would announce 25% tariffs on all US steel and aluminum imports. As is true to the pattern, the greenback jumped in early Asia Pacific turnover. However, after the initial mark-up, the greenback has come off. By late European morning turnover, the US dollar was mostly...

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Gold Technical Analysis – Tariffs are back on the menu

#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. 0:33 Technical Analysis with Optimal Entries. 1:52 Upcoming Catalysts...

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Week Ahead: Firm US CPI may Underpin Dollar, Barring New Drama from Washington

Many market participants appear to have forgotten the drama of Trump's first term. It was driven home with the tariff threat on Canada and Mexico, which was postponed at the last minutes. The apparent fascination with his "authenticity" seemed to have overshadowed his ability to dissemble during the election but it has been underscored in the past few weeks, including apparently on what the US Navy will be charged for using the Panama...

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NZDUSD corrects lower into a cluster of technical levels including 100/200 hour MAs

The 61.8% retracement of the range since the January 24 high is in play as well.

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The AUDUSD is finding sellers in a swing area. Do buyers push higher or sellers stall rise

The swing area comes between 0.6287 and 0.6301 in the AUDUSD

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Downside Risks on January Jobs Data, but Benchmark Revisions may Not be as Bad as Feared

Overview:  The week began with a bang with the US tariff threat, which at the last minute was postponed by the US for a month. Narrow ranges in the foreign exchange market are prevailing ahead of the US jobs data, which will likely be distorted by the poor weather in parts of the country and the California fires. Nevertheless, it is clear that the Federal Reserve is on hold until the middle of the of the year at least and today's report is not...

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USDJPY Technical Analysis – 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. 1:33 Technical Analysis with Optimal Entries. 2:47 Upcoming Catalysts...

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Breaking the Norm: Meta Stock on Epic 14-Day Winning Streak

Trends are fast directional and tend go farther than what traders expect. Meta is trending and breaking above a channel trend line. That trend line may give traders a level to use for the start of a correction.

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GBPUSD bounces after the BOE rate cut news runs its course

GBPUSD bounces off swing area support between 1.23515 to 1.23759. Approaches resistance at the 100/200 hour MAs

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USDCHF rebounds after basing at swing area support yesterday/today.What next for the pair?

The price is pushing higher today after finding support near swing area support above and below 0.9000

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USDCAD settles after fireworks at the start of the week. Price back in familiar territory.

The USDCAD has bounced after sellers yesterday could not keep the downside momentum going

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The BOE has a dovish cut leading the GBPUSD lower. What are the technicals saying now?

In the kickstart video, I take a look at three of the major currency pairs from a technical perspective - the EURUSD, USDJPY and GBPUSD

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The Dollar Comes Back Bid

Overview:  After the tariff scare on Monday, which saw the US dollar surge, it has pulled back in the last couple of day. But it has returned bid today in what looks like position-squaring ahead of tomorrow US employment report. Despite some Fed officials recognizing that the tariffs may pose a supply shock that has to be taken into account, the odds of a June cut and two before the end of the year increased marginally yesterday, even as coupon...

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Gold Technical Analysis – Focus on the US NFP report

#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. 0:40 Technical Analysis with Optimal Entries. 1:56 Upcoming Catalysts...

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What does a comparison of 3 chip stocks telling traders?

Broadcom and Nvidia are the beneficiaries as they are both higher. What does a comparison of each of the chip stocks saying? What is the bias, the risk, the potential targets for each?

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