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.

How the US Election Could Impact Your Euro Trades

  As the 2024 US presidential election approaches, investors worldwide are closely monitoring potential ramifications on global markets, including the euro. The outcome of this election could significantly influence currency fluctuations, trade policies, and international relations as Republican candidate Donald Trump seeks to regain the White House from the Democratic party – which has nominated …

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AUDUSD breaks and moves away from key 100-day MA. Sellers in control. What next?

The 100-day MA at 0.6694 is now a close risk level for sellers looking for more downside momentum

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USDCHF is stretching above and away from the 38.2% of the move down from July high

Staying above the 38.2% at 0.8631 and a swing area down to 0.86078 is keeping the buyers in play and control at least in the short term.

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USDCAD finally fell yesterday and near unchanged today but back below 100 hour MA.

Can the sellers build on the short-term weakness?

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Kickstart the FX trading for Oct. 16 with a technical look at the EURUSD, USDJPY & GBPUSD

The EURUSD bounces off the 200 day MA. The USDJPY continues to trade above and below the August 15 high at 149.36. GBPUSD falls below 1.3000 on lower CPI, but bounces and uses level as support.

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Gold Technical Analysis – Lack of bearish catalysts keeps the bid going

#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. 1:02 Technical Analysis with Optimal Entries. 2:07 Upcoming Catalysts....

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USDJPY Technical Analysis – The USD needs more fuel to keep the momentum going

#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. 2:05 Upcoming Catalysts....

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EURJPY finds sellers against ceiling again. Can sellers push and stay below 100 hour MA

The ceiling comes in at 163.478 to 163.60. The 100-hour MA comes in at 162.96 and moving higher

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AUDUSD trades in the middle of close support and close resistance levels

Swing area ceiling at 0.6768. 100 day MA and swing area floor down to 0.6685. Traders on alert for the next shove.

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USDCAD bounces after stronger jobs report on Friday. Trend higher continues. What next?

The USCAD moves into a swing area between 1.3784 and 1.38036

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USDCHF makes a break for it above the 38.2% retracement Target hit. Can momentum continue?

The USDCHF is above the 38.2% at 0.86312. Risk for buyers looking for continuation of the upside is down at 0.86078.

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Kickstart the FX trading day for Oct. 14 with a technical look at EURUSD, USDJPY & GBPUSD

What is the major currency pair's price action telling traders to start the new trading day.

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Dollar Firm, China Briefing Light on Details, and Its Data Remain Poor

Business travel will prevent the updating of the blog in the coming days. It resumes October 19 with the Week Ahead. The lack of details from China's fiscal briefing, the soft CPI (and deeper PPI deflation), and a smaller than expected trade surplus did not prevent Chinese equities from advancing (CSI 300 +1.9%).

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Gold Technical Analysis – Green light for new all- time highs?

#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. 0:41 Technical Analysis with Optimal Entries. 1:55 Upcoming Catalysts....

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Week Ahead: Is the US Rate Adjustment Nearly Over? Be On Guard for Reversal Patterns

The combination of the stronger-than-expected US September jobs report and the slightly firmer inflation readings lifted US interest rates and the dollar. Several Fed officials spoke, and it did not appear that the employment or price reports changed views as much as it had impacted the capital markets.

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NZDUSD moves back into swing area and between 100/200 day MAs going into the weekend.

The daily moving averages were key levels last week going into the new trading week, and are key levels going into next week's trading

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AUDUSD is lower on the week, but sellers had their shot and missed below key retracement.

The AUDUSD fell below the 38.2% at 0.67146

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USDCAD is snapping back higher after a stronger jobs report. Buyers back in control

What is the down and up price action doing to the technicals.

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USDCHF this week settles in a higher up and down trading range.

Support at 0.8536 and resistance at 0.8619. Awaits the next shove.

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Kickstart the forex day for Oct 11 with a technical look at the EURUSD, USDJPY & GBPUSD

What key levels are in play for traders today in the three major currency pairs

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