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.

November 2024 Monthly

We have all experienced how capital markets exaggerate. A few months ago, the focus was on the carry-trade, then the unwind. More recently, it was the euphoria around the numerous measures Beijing announced to support the property and stock markets and the attempt to reduce the risk of the local government debt. And now, as the US election approaches, it has become an important market driver. If the markets were fully rational, we might explain...

Read More »

GBPUSDs upa snd downs this week sets up for next weeks trade

The ups and downs this week set traders up for a move next week. What levels will help show the way?

Read More »

EURUSD moves back into the “Red Box” going into the new trading week. Buyers had their shot & missed

The traders in the EURUSD will be looking for Break above the 200 day MA or below a swing area down to 1.07609

Read More »

NZDUSD traders up and down this week in narrow range

Traders are unsure of the price direction. What will kickstart a move in the new week?

Read More »

AUDUSD lower on the week but buyers and sellers are consolidating the declines

What level are key for next week's trading?

Read More »

USDCAD consolidation sets up for a break next week. What levels are key for traders and why

USDCAD consolidation near key resistance at 2024 high. Will the ceiling break for a bullish move toward 2022 highs? Traders, keep an eye on the levels and momentum!

Read More »

The USDCHF still in a narrow trading range between 0.8632 below and 0.8799 above

Narrow trading range for the week. Narrow trading range for the last 12 trading days

Read More »

Kickstart FX trading for Nov 1 after the US jobs report. A look at EURUSD, USDJPY & GBPUSD

What is at play for the 3 major currency pairs

Read More »

US Job Report may Offer Little Relief ahead of Next Week’s US Election and Meetings by Half of the G10 Central Banks

Overview: The first of what promises to be two tumultuous weeks is winding down. The US jobs data is the last big event. It is widely recognized that it will be skewed to the downside because of hurricanes and some mostly temporary factors. Anticipating the market’s reaction is also complicated by the weekend, and reports that Iran may strike back at Israel (through bases in Iraq?), and next Tuesday's US election, and five G10 central bank meetings...

Read More »

GBPUSD breaks lower. Falls below support at 1.2938 and tumbles to midpoint/swing area

The GBPUSD tests the 50% midpoint of the move up from the April low and swing area down to 1.28449

Read More »

The USDCAD dips below 100 hour MA. Seller have a win. Can they keep control?

Stocks lower. Yields higher again. What does the USD do?

Read More »

Kickstart the FX trading day for Oct 31 w/a technical look at the EURUSD, USDJPY & GBPUSD

What levels are key for the 3 major currency pairs explained.

Read More »

Ueda Lifts Yen, Stocks Slump, Gilts Under Pressure Post-Budget

Overview: The main move in the foreign exchange market today is the recovery of the yen following what was seen as hawkish comments by BOJ Governor Ueda. Otherwise, the tone is one of consolidation. The equity market sell-off today may be weighing on the Scandis and dollar-bloc currencies amid risk-off impulses. Emerging market currencies are mixed. The Mexican peso, which fell to a new low for the year yesterday, is stabilizing today and is among...

Read More »

USDJPY Technical Analysis – We are testing a key support zone

#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. 0:52 Technical Analysis with Optimal Entries. 2:00 Upcoming Catalysts...

Read More »

USDCAD continues the stretch toward 2024 high but falls just short

The high price got within about 7 pips of the 2024 high. Sellers push lower but buyers are still in firm control

Read More »

USDCHF remains mired in narrow trading range.

The range of the last 10 or so days is around 70 pips. That is not a lot. Traders waiting for the next shove.

Read More »

Kickstart the FX trading day for Oct 30 w/a technical look at the EURUSD, USDJPY & GBPUSD

Be aware and prepared. This video will prepare you for the trading day today and going forward.

Read More »

Eurozone Growth Surprises, Lifts Euro, while UK Budget is Awaited

Overview:  The US 10-year yield is off around a dozen basis points off yesterday's high and European growth in Q3 was better than expected. This appears to have encouraged some dollar liquidation today. The greenback is softer against the G10 currencies, but the Canadian dollar and sterling. The much-awaited UK Autumn budget will be announced shortly. Sterling is consolidating around $1.30. Most emerging market currencies also are enjoying a firmer...

Read More »

Gold Technical Analysis – Yet another all-time high

#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. 0:53 Technical Analysis with Optimal Entries. 1:53 Upcoming Catalysts...

Read More »

The USDCAD stretches toward the highs for the year and toward highs going back to 2022.

Adam looks at the fundaments. I look at the technicals?

Read More »