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.

AUDUSD consolidates with buyers and sellers in play for control.

The sellers had their shot yesterday below the 38.2% retracement of the move up from the April low at 0.6579. They missed. Buyers only rebound fell short of its 200-bar moving out on the 4-hour chart at 0.66154.

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AUDUSD consolidates with buyers and sellers in play for control.

The sellers had their shot yesterday below the 38.2% retracement of the move up from the April low at 0.6579. They missed. Buyers only rebound fell short of its 200-bar moving out on the 4-hour chart at 0.66154.

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USDCAD buyers making a play. The swing area between 1.3784/1.3803 targeted next.

Buyers push to new highs in the USDCAD. with swing area target needed to be broken to open the upside more.

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USDCHF trades in a narrow trading range and awaits the next shove. Buyers making a play.

The USDCHF is trading above the 200 hour MA and looks toward the 38.2% retracement to prove the buyers mean business (or the minimum "business")

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Kickstart the FX trading day on June 11 w/a technical look at the EURUSD, USDJPY & GBPUSD

What is driving the technicals in the 3 major currency pairs in trading today? What to eye. What to react to?

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Greenback Remains Firm, Still Driest Towel on the Rack

Overview:  The US dollar is firm against all the G10 currencies, except for sterling, which is straddling unchanged levels after labor market report that showed an uptick earnings remain elevated, and the unemployment rate ticked up to a new high since September 2021. The dollar reached a new six-day high against the Japanese yen near JPY157.40. The Chinese yuan (onshore) fell to new lows since last November as the mainland markets re-opened from...

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Apple stock technical analysis for year 2024

Watch these key levels and get ready to take action if price gets there. Trade at your own risk. Visit www.ForexLive.com for additional views.

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GBPUSD Technical Analysis – The US jobs data gave the greenback a boost

#gbpusd #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the GBPUSD 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. 1:05 Technical Analysis with Optimal Entries. 2:54 Upcoming Economic Data....

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AAPL stock technical analysis – market did not like the AI launch

How much steam does Apple stock have based on its new AI product launch. Not much, according to this price reaction at this important technical junction.

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GBPUSD retests 100 bar MA on the 4-hour chart after corrective move higher today.

The 100 bar MA on the 4-hour chart is being approached at 1.27384

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The EURUSD bounced off a swing area support and is back testing retracement targets

Buyers responded. Will the sellers reenter on the bounce

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AUDUSD sellers had their shot(s) today and they missed.Sellers turned to buyers.What next?

The AUDUSD sellers had their shot below its 38.2% retracement at 0.65791, but could not sustain momentum. What next?

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USDCAD extends toward May’s high and found willing sellers. What next?

The sellers near the May high has put a temporary topside limit for the time being.

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USDCHF tradeS up and down today and bottoms near corrective low from Friday

The high today stalled ahead of the 200-hour MA and the 38.2% between 0.89829 and 0.89863

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

The EURUSD is sharply lower on the back of political uncertainty

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Euro Sold After EU Parliament Elections and Macron’s Gambit

Overview:  With mixed elements, the market took the US jobs data as relatively strong and took the dollar and US rates higher. The EU Parliament election has shaken up European politics, with the Belgium government collapsing and French President Macron calling a snap legislative election for the end of the month. Holidays in China, Hong Kong, Taiwan, and Australia made for thinner Asia Pacific trading, but the euro was sold and has reached to...

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Gold Technical Analysis – The price is near a key support zone

#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. 1:07 Technical Analysis with Optimal Entries. 2:35 Upcoming Economic Data....

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EURUSD technical analysis



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Week Ahead: FOMC, BOJ, and US and China Inflation

The market got caught leaning the wrong way. The weakness in April's high-frequency US data encouraged participants to push the US two-year yield to its recent floor near 4.70% and took the 10-year yield to two-month lows, slightly above 4.25%.

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AUDUSD is one of the weakest of the major currencies as USD moves higher/commodities lower

The AUDUSD is testing a key 38.2% retracement.

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