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 stays above a cluster of support defined by 50%, 100 day and 100 bar MA on 4-hour

If the USDCHF can stay above the cluster of support, it keeps the buyers in firm control.

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Kickstart your FX trading for February 26 with a technical look at EURUSD, USDJPY, GBPUSD

In this video, the bias, (bullish or bearish), risk and targets are defined for the EURUSD, USDJPY and GBPUSD

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Euro Bid in Europe but Unlikely to Sustain Gains Through North America

Overview: The dollar is beginning the new week mixed. The dollar-bloc currencies and Japanese yen are softer while the European currencies enjoy a firmer today. Among emerging market currencies, central European currencies are trading with higher. The Turkish lira is the notable exception. It is the weakest currency today, off about 0.65%. The Chinese yuan is a little softer, but the dollar continues to be capped near CNY7.20. Last week, more often...

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Gold futures technical analysis and short trade idea to 1922.9

Always trade at your own risk and visit ForexLive.com for additional views.

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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. 0:41 Technical Analysis with Optimal Entries. 2:04 Upcoming Economic Data....

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Nasdaq technical analysis, last week ended with a early bearish shift. Watch these boundaries.

Hello, Traders! 📈 Itai Levitan here from ForexLive.com, bringing you a quick and insightful NASDAQ technical analysis as we await the market's opening this Monday. For those familiar with my approach, you know I like to keep things simple and straight to the point. 🎯 In my latest video, I dive into the recent price movements, highlighting the ascending wedge and its implications as both a trading range and a signal for potential shifts. We...

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Week Ahead: With the Markets Converging (Again) with Fed’s Dots, Is the Interest Rate Adjustment Over?

The US dollar and interest rates appear to be at an inflection point. Much of the past several weeks have been about correcting the overshoot that took place in  Q4 23, when the derivatives markets were pricing in nearly seven quarter-point rate cuts by the Federal Reserve this year.

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While the Greenback has Tended to be Sold in Asia this Week, it has Recovered in North America

Overview: Amid a light news stream, the dollar is mostly in narrow ranges against the G10 currencies. Leaving aside the Norwegian krone, the others in a +/- 0.15% against the dollar today. We note that the technical tone of the euro and sterling have improved withe the five-day moving averages crossing above the 20-day moving averages. On the other hand, the dollar is approaching the year's low set last week near JPY150.90. Emerging market...

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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. 1:39 Technical Analysis with Optimal Entries....

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The USDJPY buyers are holding onto control. Can they keep the control?

In this video find out what keeps the buyers in firm control in the USDJPY.

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GBPUSD back up testing the 200 bar MA on the 4-hour chart again. Can it break the MA again

The GBPUSD is testing its 200 bar MA on the 4-hour chart at 1.26627

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EURUSD holds the 100 day MA and bounces. Buyers made a save against the MA level.

The 100-day MA in the EURUSD comes in at 1.08028. That will be a close support/risk level going forward.

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AUDUSD technical analysis: Support near 100 day MA holds strong

AUDUSD price bounces off 100-day moving average, potential upside if 200-day MA breached

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Risk On, Dollar Sold

Overview: The post-close rally in US tech stocks after Nvidia's earnings has fueled risk-on activity today. The Nikkei closed at record highs with a 2.2% rally. China's CSI rose for the eighth consecutive session as official discourage sales at the open and close, and short sales in general. Europe's Stoxx 600 is up more than 0.5% to recoup the small losses seen in the last two sessions. US indices are poised to gap higher at the open. Benchmark...

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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. 0:39 Technical Analysis with Optimal Entries. 1:55 Upcoming Economic Data....

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AUDUSD trades between 200 bar MAs above & 100 bar MAs below. Traders wait for the shove.

The 200-bar MA on the 4-hour chart is up at 0.6577. The 100-bar MA on the 4-hour chart is at 0.6527.

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USDCAD trades lower after key target resistance at the 50% stalls the rally.

The 50% of the move down from the October high to the December low stalled the rally at 1.3537 (high reached 1.3535). The seller take more control.

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The USDCHF remains above the 100 day MA and 50% retracement. Key support at 0.8785.

The USDCHF is modestly lower on the day but remains above the key 50% midpoint of the move down from October and the 100 day MA near 0.8785.

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Kickstart the forex day with a technical review of the EURUSD, USDJPY and GBPUSD

What levels are in play for the 3 major currencies and why? A technical look at the EURUSD, USDJPY and GBPUSD.

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China’s CSI 300 Rises for Seventh Consecutive Session and Offshore Yuan Strengthens for the Sixth Session

Overview: The dollar is trading quietly after being sold yesterday. It is still soft against the dollar bloc and the Swiss franc but is firmer against the other G10 currencies. Narrow ranges have dominated. Emerging market currencies are mixed, with central European currencies and the Taiwan dollar trading softer. The offshore Chinese yuan is firmer for the sixth consecutive session. The highlights of today's North American session features minutes...

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