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

Kickstart the FX trading day for Oct 23 w/a technical look at the EURUSD, USDJPY & GBPUSD

2024-10-23

by

The USD continues its run to the upside led by the USDJPY

Read More »

Continued Backing Up of US Rates Extend the Greenback’s Gains

2024-10-23

by

2024-10-23

Overview: The persistent rise in US rates continues to help fuel dollar gains. The euro has been sold through $1.08 and the greenback has jumped over 1% against the yen to JPY152.75. It finished last week closer to JPY149.55. So far, Japanese officials have been fairly quiet, but this seems likely to change. The US two-year premium over Germany has widened by around 65 bp since late September to return to levels that prevailed in June. The...

Read More »

USDJPY Technical Analysis – Higher Treasury yields revive the carry trade

2024-10-23

by

#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. 1:02 Technical Analysis with Optimal Entries. 2:23 Upcoming Catalysts....

Read More »

USDCHF technical story remains the same. The EURCHF sellers are making a play to downside

2024-10-22

by

Traders looking for directional clue in the USDCHF.

Read More »

How the US Election Could Impact Your Euro Trades

2024-10-22

by

2024-10-22

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 Kamala Harris, current vice president to Joe Biden.

Read More »

AUDUSD bounces and retests 100 day MA. Seller lean against the level.

2024-10-22

by

The AUDUSD reaches its 100-day MA at 0.66952 and finds willing sellers.

Read More »

USDCAD backs off after rising to swing area. Traders may be feeling the pair may be overbought

2024-10-22

by

Traders are taking a breather in the USDCAD

Read More »

Kickstart the FX trading day for Oct 22 w/a technical look at EURUSD, USDJPY and GBPUSD

2024-10-22

by

What are the key levels in play and why for the 3 major currency pairs

Read More »

Trading with an AI advantage | Webinar

2024-10-22

by

Trading with an AI Advantage: Unlock the power of artificial intelligence in trading and gain an edge in the financial markets In this exclusive webinar, George Khoury, Global Head of Research and Education at CFI Financial Group, explores the transformative role of AI in trading. Discover the latest AI-driven tools, strategies, and platforms—such as Tip Ranks and Capitalise.ai—used by top traders to enhance their decision-making. George also...

Read More »

Tipping Point: Navigating the Landing | Webinar

2024-10-22

by

Global markets are on edge as the US, China, and G10 economies face a critical slowdown. In this essential briefing by our Chief Currency Analyst, Adam Button, we dive into the key drivers behind the deceleration—is it the start of a soft landing or a rougher correction? Join us for sharp analysis of crucial economic data, market trends, and policy decisions shaping the outlook. Gain clear takeaways on what traders, businesses, and investors need...

Read More »

Greenback Consolidates

2024-10-22

by

2024-10-22

Overview:  US interest rates remain firm and the dollar is mostly consolidating against the G10 currencies, in a muted "Turn Around Tuesday." The greenback is straddling the JPY151 area, its best level since the end of July. Despite bearish price action yesterday, the euro, sterling, and Australian dollar have seen limited follow-through selling and modest …

Read More »

Gold Technical Analysis – It’s not worth it chasing this rally

2024-10-22

by

#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. 0:57 Technical Analysis with Optimal Entries. 2:15 Upcoming Catalysts...

Read More »

AUDUSD moves to lowest level since September 11. Looks toward 50% and 200 day MA.

2024-10-21

by

The 50% and the 200-day MA are key targets that should be tough to crack on the first look

Read More »

USDCAD runs to a new high with the broader USD. Extends toward high from last week.

2024-10-21

by

The high price from last week reached 1.3837 and is the next upside target for the USDCAD traders.

Read More »

USDCHF tests 38.2% support. Will buyers hold support. EURCHF stays below 100/200 bar MAs

2024-10-21

by

Buyers in the USDCHF has the advantage. EURCHF sellers more in control

Read More »

Kickstart the FX trading day for Oct 21 w/ a technical look at the EURUSD, USDJPY & GBPUSD

2024-10-21

by

The USD buyers are trying to exert their control on the 3 major currency pairs to start the trading week.

Read More »

The Dollar and Gold Firm

2024-10-21

by

2024-10-21

Overview: The US dollar is firm to start the new week. The Japanese yen and Australian dollar are the heaviest with in the G10 (~0.30%). The euro and sterling are trading heavier but inside the pre-weekend range. The market anticipates the Bank of Canada to deliver a 50 bp rate cut in the middle of the week, and the Canadian dollar is threatening to extend its losses for the fourth consecutive week. China's prime lending rates were cut by 25 bp,...

Read More »

USDJPY Technical Analysis – Lack of catalysts keeps the trend intact

2024-10-21

by

#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. 0:40 Technical Analysis with Optimal Entries. 1:58 Upcoming Catalysts....

Read More »

Week Ahead: Is the Closeness of the US Election a Source of Dollar Demand?

2024-10-19

by

2024-10-19

The dollar rose against all the G10 currencies last week, but it was not because of higher US rates. In fact, the 10-year US Treasury yield fell for the first time in five weeks. The two-year yield did not rise for the first time in three weeks. Rather than an increase in US rates, several other countries' rates fell. The result was that the US 2-year premium over Germany rose for the fourth consecutive week and is now the most since June. The US...

Read More »

The NZDUSD this week extended to a new low into swing area support, and bounced modestly.

2024-10-18

by

What can traders look to technically as the week comes to an end and traders prepare for the new week

Read More »