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.

USDJPY buyers are keeping control at least in the short and medium term. Stay above 155.00

The 155.00 level in the USDJPY will be eyed by buyers looking for more upside momentum going forward.

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EURUSD muddles along with support and resistance defined by technical swing levels/MAs

The EURUSD traders are waiting for the next shove

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AUDUSD continues its move lower into retracement support, but below key 100D MA.

The battle lines are drawn by traders with the 100 day MA above and the broken 38.2% retracement below

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USDCAD rotates back lower in the early NA session and looks to test support target support.

The 1.37159 to 1.3727 in the USDCAD is support. Will the buyers come in to stall the fall?

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USDCHF consolidates gains. Traders use swing area resistance as lean point/low risk target

The sellers lean against the high of a swing area at 0.9095

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Kickstart the FX trading day for May 8 w/ a technical look at EURUSD, USDJPY and GBPUSD

The USD is higher to start the North American trading day. What to look for ahead?

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Macro Conviction: Techniques to Ride the Wave

Master the art of holding onto winning trades with conviction in this exclusive webinar, presented by Chief Currency Analyst Adam Button. In coordination with PU Prime, Adam will delve into his journey, tested strategies, and insights on overcoming common trading pitfalls. Key Discussion Points: Strategies for building trade conviction Overcoming fear, greed, and other emotional traps The role of game-changing events in the market Developing your...

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Riksbank Cuts, Oil Slips, and the Yen Remains Under Pressure

(On business trip over next few days. Commentary to resume Monday.  Thanks for your patience.) Overview: Sweden's Riksbank became the second G10 central bank to cut rates this year. The Swiss National Bank cut its deposit rate in March. A couple other large central banks, including the European Central Bank, and possibly the Bank of Canada, may cut rates next month. The Swedish krona is the weakest of the G10 currencies today, off by about 0.45%,...

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USDJPY Technical Analysis – The 160.00 handle is now in sight

#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. 0:55 Technical Analysis with Optimal Entries. 1:54 Upcoming Economic Data....

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USDCAD runs higher and breaks through a series of technical targets along the way.

The pair moved above the 100/200 hour MA and then the 100 bar MA on the 4-hour chart.

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EURUSD trades to new lows for the day/week and approaches a key target support level

The EURUSD is moving closer to a key support target defined by a cluster of technical levels at 1.07458

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AUDUSD bounces ahead of the 100-day MA today. What next technically for the pair?

On the topside, the high price from last week and this week stalled at a key swing ceiling area between 0.6635 and 0.6648

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USDCHF:Buyers had their shot with a move above the 200 bar MA on the 4-hour chart. They missed.

The USDCHF trades to new lows for the day after the failure above the 200 hour moving average on 4-hour chart at 0.90797

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Kickstart your FX trading for May 7 w/ a technical look at the EURUSD, USDJPY and GBPUSD

What key levels are in play for the 3 major currency pairs?.

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Market Pushes the Yen Lower, Helped by a Broadly Firmer Greenback

Overview: The dollar is firmer against all the G10 currencies today. The market is somewhat less fearful of intervention and the yen is extending yesterday's losses. It is rivaling the Australian dollar for the weakest of the major currencies after the Reserve Bank of Australia left rates on hold and played down speculation of possibility of a rate hike. Both currencies are off around 0.4% in late European morning turnover. Disappointing German...

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EURUSD Technical Analysis – A look at some key levels ahead of the US CPI data

#eurusd #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the EURUSD 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. 0:53 Technical Analysis with Optimal Entries. 1:50 Upcoming Economic Data....

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USDJPY stays above the 200 bar MA on 4-hour chart. Buyers in control above the MA.

That MA will be the key barometer going into the new trading day

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EURUSD moved to 50% retracement target today and backed off

What are the technical levels telling us in the EURUSD as traders work toward the close of day on Monday May 6.

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The AUDUSD is higher on the day but a ceiling area continues to stall the rallies

The 50% of the move down from December high is close support at 0.6615 area for the AUDUSD

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USDCHF rotates modestly lower after a sharp move lower last week. What levels are in play?

After resistance held against a key target last week, the run lower also stalled at a key swing area support target. What next for the pair?

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