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.

EURUSD sellers are making a play with a technical break below the 200 day MA

The 200-day MA stalled the fall on two separate tests last week.

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USDCAD tesst/breaks 200 day MA. Cna the buyers keep momentum going?

There is some apprehension to move higher in the USDCAD as traders prepare for the BOC rate decision tomorrow

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Kickstart your FX trading for January 23 with a technical look at the 3 major currency pairs

A technical look at the EURUSD, USDJPY and GBPUSD

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USDJPY 147.926 ▼ −0.11% but I’m bullish for it to go to a new ATH

USDJPY technical analysis from Itai Levitan, www.ForexLive.com

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BOJ Stands Pat, Exit Draws Closer, while HK Liquidity is Squeezed Easing Pressure on the Yuan

Overview:  The dollar remains largely confined to its recent ranges as the consolidative phase extends. The Bank of Japan stood pat and revised its forecasts as it is seen drawing closer another adjustment in policy, with the market still favoring an April timeframe. A squeeze in the Hong Kong money market and talk of a large package to support the equity market helped lift the Chinese yuan for the third consecutive session and lifted Chinese...

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USDJPY Technical Analysis

#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. 1:52 Technical Analysis with Optimal Entries. 3:21 Upcoming Economic Data....

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EURUSD range is modest for the day, but what nexr for the pair?

The trading range is only about 32 pips today (vs 1-month average of 63 pips)

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NZDUSD trade near lows but remains above a key cluster of support

Support area comes between the 50% midpoint at 0.60716, and the 200 day moving average at 0.6089. A swing area sits between at at 0.60788 – 0.60856.

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USDCHF traded above and below the 38.2% of the move down from the October high

The 38.2% of the move down from the October high comes in at 0.86803.

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AUDUSD – like other pairs – gets off to a slow up and down start to the day/week

What next? What levels are key for buyers and sellers to start the trading week?

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USDCAD muddles along to start the trading week. What levels are in play and why today?

USDCAD finds support near 200 bar MA, potential resistance near 200 day MA.

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Kickstart your FX trading with a technical look at the 3 major currencies

The week is off to a modest up-and-down start to trading in the 3 major currencies. What at the technical telling traders to start the US session?

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China Equity Slump Continues, while Dollar Extends Consolidation

Overview: The foreign exchange market is quiet to start the new week. As the North American session is about to begin, the dollar is mostly +/- 0.10% against most of the G10 currencies. The Swedish krona is the notable exception, rising about 0.25% against the US dollar amid good demand for its bonds today. Emerging market currencies are mostly lower. The Taiwanese dollar is the strongest in the complex so far today, rising about 0.30% against the...

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Gold Technical Analysis

#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. 0:42 Technical Analysis with Optimal Entries. 2:03 Upcoming Economic Data....

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Week Ahead: Too Early for Central Banks to Move, and Q4 GDP to Showcase US Economic Resilience (with the help of 6.5% budget deficit)

The week ahead features the first estimate of US Q4 GDP, which will be revised for the next couple of years, and policy meetings by the Bank of Japan, the European Central Bank, the Bank of Canada, and Norges Bank, Norway's central bank. Although the market anticipates the beginning of an aggressive easing cycle by several central banks, and an exit of the BOJ's negative interest rate policy, the start is not expected until later in the first half....

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EURUSD bottoms this week at the 200 day MA and bounce. What next?

The EURUSD this week trended lower into Wednesday but found support buyers against its 200-day moving average. The moving average was tested on two separate occasions, and each time buyers leaned and pushed the price higher.. What next?

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The AUDUSD bottomed this week near a key target.The rebound is back above 50% & 200 day MA

AUDUSD rebounds from key support level, breaking above major resistance points. Buyers remain in control as price targets higher levels.

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NZDUSD falls to support and consolidates. Sets up the battle for control next week.

NZDUSD consolidates near strong support at 0.6071 to 0.60897, setting the stage for a crucial week ahead.

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USDCHF buyers propel pair higher this week and above key 38.2% retracement.

Discover what's next for USDCHF as buyers dominate, pushing price above key retracement levels. Upside momentum targets 0.8711-0.8727, while support lies at 0.86803.

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USDCAD moved higher this week, but found willing sellers at 50% midpoint. What next?

The correction off of the 50% midppoint moved back to the broken 38.2% at 1.34523. The 50% is the ceiling now at 1.35374. Buyers and sellers are battling it out.

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