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.

The USDCAD is stuck back in the range after a failed break higher yesterday

The price of the USDCAD is below the 200 and 100 hour MA at 1.3679 and 1.36719. That tilts the short term bias to the downside. Support target needed to get below is 1.36239. Resistance target needed to get below is 1.3724.

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USDCHF comes off the boil, but prior swing area support is stalling the fall.

The price of the USDCHF needs to extend back above the 50% of the 2026 range and the high of the swing area at 0.78208 to increase the bullish bias.

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The USD is modestly lower to kickstart the NA session

What technical levels are in play and why for the EURUSD, USDJPY and GBPUSD at the start of the NA session

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Nervous Consolidation Featured after the Asia Pacific Equity Rout was Extended

The dollar is trading a little softer today, but the tone is one of nervous consolidation. The market is digesting reports that Iran has reached out to negotiate the end of the war. The fog of war continues to cast a heavy pall over the markets, though there is a hope that the war can … Continue reading...

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Gold fails to provide shelter amid risk aversion; de-escalation to trigger another selloff

#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 Overview 1:09 Technical Analysis with Optimal Entries 2:20 Upcoming Catalysts...

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USDCHF retraces some of the gains today and settles near the 50% midpoint of 2026 range

The USDCHF is trading above and below the 50% midpoint of the 2026 trading range at 0.78208. That will be the barometer for buyers and sellers going into the new trading day.

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EURUSD rebounding, but buyers have more to prove

The EURUSD is bouncing off a low at 1.1531 and moved above a swing level barometer at 1.1576, but it has a retracement target ahead

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The broader US stock indices are sharply lower. What key technical levels are in play now?

The S&P and Nasdaq indices are sharply lower. What did the moves today mean technically?

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Gold Technicals: In a surprise move, gold is racing to the downside. What next?

Typically, in times of uncertainty, the price of gold runs higher and it did yesterday until finding willing sellers. Today, the sellers have added to the bias shift.

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Crude oil is a surging. What needs to happen to give the sellers control?

When the market is trending to the upside, the sellers need to take back control. If they can't have a technical victory against the buyers, the trend to the upside continues. Listen to the price action.

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USDCAD Technicals:USDCAD was pulled higher by the USD, but higher oil is now pulling lower

There is a battle in play with the buyers and sellers in the USDCAD. On the topside, a swing area between 1.37149 and 1.3724 remains as a key ceiling. On the downside, support comes in at hourly moving average levels between 1.36720 and 1.36805

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What now? A technical look at the EURUSD, USDJPY and GBPUSD to kickstart the NA session

The USD is higher to start the US trading day. What is the bias? What changes the bias? What are the risks and the targets? The video outlines the key levels and tells you "why".

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The Dollar is the Only Game in Town

If this is World War 3, the world wants dollars. The greenback is broadly higher but hardly anything else is. Other safe haven, like gold, the Swiss franc, and US Treasuries are lower. Equity markets have been sold off and the rally in oil is taking a toll on bond markets. The Middle East war is … Continue reading »

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USDJPY on track to revisit the “intervention” level as Japanese yen lacks bullish drivers

#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 Overview 1:30 Technical Analysis with Optimal Entries 2:45 Upcoming Catalysts...

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Reports of disruptions in the Strait of Hormuz is sending oil prices back higher

The price of crude oil is back above the $72.50 level

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AUDUSD Technical Update: Bears Falter as Risk Appetite Returns

The 100 hour MA in the AUDUSD comes in at 0.7098. Get above is more bullish.

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USDJPY Technicals: Buyers had their shot. They missed.

The buyers in the USDJPY moved above the high from February at 157.65 and missed. Bias in the short term shifts.

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USDCAD technicals: The USDCAD runs into a topside ceiling area and finds willing sellers.

Sellers are leaning at the swing area ceiling that has confined most of the upside in the USDCAD in 2026

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EURUSD Technicals. EURUSD bouncing after testing 200 day MA.

The price of the EURUSD reached 1.1671. That was just short of the 200 day MA at 1.1663. Get back above the 100 day MA at 1.1694 would give the buyers some hope.

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Gold’s “Blow-off Top”: Geopolitical Spike Meets Technical Resistance

Gold prices reached a channel trend line at the topside and buyers turned to sellers despite the war backdrop. What next for the precious metal?

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