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.
My articlesMy offerMy siteAbout meMy books
Follow on:LinkedINTwitterSeeking AlphaAmazon
Filter archive by: Show All Show only Articles Show only Videos

NZDUSD – like the AUDUSD – trades to a new low for the year but bounces.

2023-08-14

by

What is needed to give buyers in the NZDUSD more control?

Read More »

What do buyers in the AUDUSD need to do to take back more control?

2023-08-14

by

AUDUSD trades to new low for the year, but momentum fades. Can buyers take back control?

Read More »

USDCAD traders try to stay above its key 200 day MA

2023-08-14

by

The 200 day MA at 1.34478 in the USDCAD and traders will be eyeing that level for support. Staying above and then moving above the 50% midpoint at 1.34766 would increase the bullish bias.

Read More »

GBPUSD is looking toward its 100 day MA at 1.2611. Key MA target for the pair.

2023-08-14

by

GBPUSD has swing area support near 1.2590 to 1.26239 on 4-hour chart

Read More »

EURUSD moves below its key 100 day moving average at 1.0930

2023-08-14

by

The price of EURUSD also moved below the 50% midpoint of the range since January 2021 at 1.0942

Read More »

USDJPY extends to new highs and above 145.00 for the first time since November 2011

2023-08-14

by

The price of the USDJPY is between swing area between 144.984 and 145.90.

Read More »

Greenback Remains Firm, with Yen and Aussie Falling to New 2023 Lows

2023-08-14

by

2023-08-14

Overview: The dollar and US rates remain firm. The greenback rose to new highs for the year against the Japanese yen and Australian dollar before steadying. Outside of the Swedish krona, which is off nearly 0.5%, the G10 currencies are nursing small losses late in the European morning, mostly less than 0.1%. Most emerging market currencies are also lower. The Chinese yuan gapped lower for the second consecutive session and is also approaching this...

Read More »

Russell 2000 Technical Analysis

2023-08-14

by

Here's a quick technical analysis on the Russell 2000 with some fundamental background. For more visit ForexLive.com

Read More »

Week Ahead: Anniversary of the End of Bretton Woods Sees Resilient Dollar and Firmer US Rates: Can it Persist?

2023-08-12

by

2023-08-12

Tuesday marks the 52nd anniversary of the end of Bretton Woods currency arrangement, which pegged the dollar to gold and other currencies to the dollar. Some economists have tried framing their views in terms of Bretton Woods II and there have even been proponents of Bretton Woods III, but these are informal arrangements at best, no reciprocity, or mutual obligations. The point of the matter is that the end of Bretton Woods ushered in the modern...

Read More »

Dollar Proves Resilient and Even Strong UK GDP Figures Hardly Dents It

2023-08-11

by

2023-08-11

Overview: The dollar's resilience after initially selling off in response to the as-expected CPI was impressive. A quieter tone is dominating today and most of the G10 currencies are +/- 0.15%. While the dollar is consolidating, the underlying tone is still firm. For the week, it has risen against all the major currencies and the Dollar Index is up nearly 0.6% this week, its fourth consecutive weekly gain. The greenback is rising today against most...

Read More »

NZDUSD trades to a new low for the week and trades below the 50% midpoint

2023-08-11

by

Dive into a comprehensive analysis of the NZDUSD pair as we explore its recent price movements and trends. In this video, we dissect the significance of the pair trading to a new weekly low and dipping below the crucial 50% midpoint.

Read More »

What are the charts telling us for the EURUSD, USDJPY and GBPUSD?

2023-08-11

by

Join us for an insightful technical analysis of three major currency pairs – EURUSD, USDJPY, and GBPUSD. As we approach the European trading session, we uncover what the charts have to say about these influential pairs. Discover potential trends, key support and resistance levels, and important price action signals that could shape your trading decisions.

Read More »

The Greenback is Softer Ahead of CPI but Key Chart Points Remain Intact

2023-08-10

by

2023-08-10

Overview: The deluge of Treasury supply is nearly over for this week. On tap today are 4- and 8-week T-bills and $23 bln 30-year bonds to finish the quarterly refunding. The sales will come after the July CPI print that is expected to see the first year-over-year increase since last June. The market is going into the report with about a 15% chance of a Fed hike next month discounted. Meanwhile, September crude oil extended its recover from $80 seen...

Read More »

EURJPY pushes against ceiling area. Key area for both buyers and sellers in the pair.

2023-08-10

by

Join us as we delve into the intriguing movements of the EURJPY, which is currently testing a critical ceiling area spanning from 157.90 to 158.046. This week's price action has brought the pair closer to this significant resistance, raising questions about a potential breakout. Discover the historical context of this level and its implications for traders. We explore scenarios for both bullish and bearish outcomes, shedding light on the dynamics...

Read More »

AUDUSD sellers in control. Find out why in this technical video analysis.

2023-08-10

by

Dive into the dynamics of the AUDUSD as sellers approach August lows and grapple with a significant daily chart swing area dating back to September 2022. Join us as we dissect the factors influencing the bearish bias and explore the potential catalysts that could impact the currency pair's future direction. Uncover the critical levels to watch and gain valuable insights into the evolving market sentiment.

Read More »

The GBPUSD bias is more bearish short term, but more bullish long term. What next and why?

2023-08-10

by

Join us as we dissect the intricate relationship between the upcoming US CPI report and its influence on GBPUSD. Delve into the contrasting short-term bearish bias and the technically bullish stance on the daily chart. Discover the crucial levels that will shape the market's future direction and gain insights into potential trading opportunities that lie ahead.

Read More »

It is time to get ready for the US CPI. What levels are key for the EURUSD?

2023-08-10

by

Join us for an insightful analysis of the ongoing battle between buyers and sellers as the current price action toggles above and below the critical 100/200 hour Moving Averages (MAs). Gain valuable insights into the dynamics at play and uncover potential trading opportunities in this intriguing market scenario.

Read More »

USDJPY ticks to a new high and moves away from a key swing area in the process

2023-08-09

by

Explore the USDJPY's impressive 3-day consecutive rise and its potential implications in this comprehensive analysis. Discover how the price has surged above a critical swing area ranging from 143.44 to 143.54, establishing a new risk level for traders. Staying above this level could signal a more bullish sentiment, while a move below may trigger a downside retracement following the break. In anticipation of the upcoming US CPI release, where...

Read More »

After Strong Demand for US Three-Year Notes, Treasury will Sell $38 bln 10-year Notes

2023-08-09

by

2023-08-09

Overview: The first leg of the US refunding was well received, with the three-year note being scooped up by investors, driving the yield below it was trading in the when-issued market. Today, the Treasury sells $38 bln 10-year notes, whose auctions have been less than stellar recently. The US 10-year yield reached 4.20% last week and is now straddling 4%. Italian bonds are also firm as the Italian government clarifies the new tax on banks' windfall...

Read More »

WTI Crude Oil Technical Analysis

2023-08-09

by

Here's a quick technical analysis on WTI Crude Oil with some fundamental background. For more visit ForexLive.com

Read More »