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.

USDCHF buyers are making a play. Can they keep the upside momentum going.

The USDCHF held support at the 100 bar MA on the 4-hour chart and then moved above the 50% at 0.9105.

Read More »

AUDUSD is trading up and down over the last week, but key support is holding. What next?

What to look for in the AUDUSD from a technical perspective and why.

Read More »

Buyers had their shot in the USDCAD after CPI, but could not get above key MA resistance.

The price of the USDCAD has rotated back down after the test of the 100 and 200 bar MA on the 4-hour chart failed.

Read More »

The RBNZ rate decision is ahead. What is the technical roadmap for traders?

The RBNZ is expected to keep rates unchanged

Read More »

Kickstart the FX trading day for May21 w/a technical look at the EURUSD, USDJPY and GBPUSD

The price action is limited but there are some key levels that could help your trading today. In the kickstart video, I take a look at 3 major currency pairs from a technical perspective - the EURUSD, USDJPY and GBPUSD.  What is driving the pairs technically? What would either increase the bullish or bearish bias for each for traders today (and why)?

Read More »

USDCAD Technical Analysis – A look at the chart ahead of the Canadian CPI

#usdcad #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the USDCAD 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. 0:43 Technical Analysis with Optimal Entries. 2:11 Upcoming Economic Data....

Read More »

Both the AUDUSD and NZDUSD are holding support near their 100 hour MA

Can the buyers hold close support and push the pairs back higher?

Read More »

Kickstart the FX trading day for May 20 w/ a technical look at EURUSD, USDJPY and GBPUSD

What is driving the 2 major currency pairs.

Read More »

Jump in Japanese Bond Yields Fails to Lift the Yen

Overview: The foreign exchange market is quiet. Most of the G10 currencies are +/- 0.1% against the dollar. The crash that took the of Iran's president and foreign minister may have helped lift gold to new record highs ($2450), the impact seems more muted, as poor weather rather than foul play, seems to be main narrative. July WTI reached nearly $80, its best level since May 1 but is hovering around unchanged levels (~$79.50). Canadian markets are...

Read More »

USDJPY Technical Analysis – The uptrend remains intact

#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. 0:41 Technical Analysis with Optimal Entries. 1:49 Upcoming Economic Data....

Read More »

Week Ahead: After Rallying Since mid-April, are the G10 Currencies Tired?

The monthly cycle of central bank meetings and high-frequency data slow in the week ahead, though the UK and Canada report on prices and demand (retail sales). The highlight of the week may be the preliminary May PMI estimates. We play down its significance in the US because its strength seems to be an outlier and it is in expansion territory while the ISM not. The dollar has generally been trending lower, with the yen being the only exception...

Read More »

The USD is moving lower. How has the technicals helped in that decline?

An updated technical look at the EURUSD, USDJPY, GBPUSD, USDCHF and AUDUSD in this video review.

Read More »

USDCAD retraces gains on the day and tests swing area support ahead of 38.2 retracement.

What next for the pair as the week works toward the close

Read More »

USDCHF finds willing sellers near week highs, moving averages and key swing area

The swing area at 0.9087 to 0.9098, and converged 100/200 bar MA on 4-hour chart at 0.9091 are topside resistance and a key barometer for buyers and sellers going forward.

Read More »

Kickstart the FX trading day for May 17 with a technical look at the EURUSD, USDJPY and GBPUSD

The USD is higher to start the day. What next for the Big 3 pairs

Read More »

The Dollar Continues To Recover

Overview: The dollar's recovery begun yesterday has extended into today's activity. The greenback is higher against all the G10 currencies and most emerging market currencies, but the Indian rupee and Mexican peso. The BOJ did not reduce its bond buying at today's operation and the market sold the yen on the news. After reaching JPY153.60 yesterday, the greenback is near JPY156 now. New initiatives to support the beleaguered property market was not...

Read More »

Gold Technical Analysis – New all-time high ahead?

#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. 0:29 Technical Analysis with Optimal Entries. 1:44 Upcoming Economic Data....

Read More »

EURUSD traders play the technical levels on the corrective move lower today. What next?

The 38.2-50% retracement of the move higher yesterday held support, but MAs on the 5 minute chart also stalled the bounce higher. Traders are battling it out.

Read More »

EURCHF is testing a key topside target area that you may want to know about.

What is so great about the area? In this video, I will show you why.

Read More »