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.

A mixed technical picture for the broader indices and the price of Nvidia

What has the rally done for the broader indices and the technology bellwether Nvidia?

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Thoughts on the Dollar

The dollar's resilience since the war began is not a mystery, but it is being misread. The Dollar Index has appreciated roughly 1.8% this month alone, following a modest 0.65% gain in February after January's 1.35% slide. Against every G10 currency, the greenback has advanced since hostilities commenced. All but the Canadian dollar and sterling …

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USDCAD stretches to the 100/200 day MA and finds willing sellers on the first look

The USDCAD stalled the stretch higher between the 100 and 200 day MA between 1.37899 to 1.3803.

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The USDCHF buyers/sellers keep the battle going and it has traders looking for the break

What levels will traders be focused on for technical clues today?

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The USD continues the consolidation and waits for the next shove

To kickstart the North American session, I take a look at the EURUSD, USDJPY and GBPUSD from a technical perspective.

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Bitcoin Technical Analysis Shows Bulls are Better than Bears Now

See why and where my bullish premise may change. Visit investingLive.com for additional views.

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Hope Lifts Stocks and Bonds

There continues to be hope in the capital and commodity markets that a US-Israel war on Iran can be brought to a conclusion soon. While news reports indicate that the US had drafted a 15-point peace plan that has been delivered to Iran via Pakistan, other reports indicate that US is sending more people and … Continue reading »

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Crude oil futures higher on the day but remains below target bullish bias levels

The price of crude oil remains below the 50% midpoint of the trading range this week and also below the 100/200 hour MAs

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Yesterday’s Optimism Turns More Guarded

The markets remain on edge. President Trump’s five-day hiatus announced yesterday is looked upon suspiciously. Much of what has been claimed seems to be part of the psych-operations associated with warfare, like initiating the war during negotiations. Many seem to share our sense that the five-day period will allow more US troops to enter the …

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USDJPY consolidates below the key 160.00 figure as focus turns to US-Iran negotiations

#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 1:29 Technical Analysis with Optimal Entries 2:37 Upcoming Catalysts...

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GBPUSD had defined a more narrow trading range after the sharp move higher

The GBPUSD has support near 1.3362 and 1.3374 and resistance between 1.34708 to 1.3488.

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USDCHF breaks the 200 hour MA and runs to swing area support.

The swing area on the downside between 0.78349 and 0.7840 stalled the fall. On the corrective move higher, the 200 hour moving average at 0.7872 is topside resistance

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Gold moved to the lowest level since November, testing a key MA before bouncing.What next?

The 200 day MA at $4072.19 was approached today, but buyers stepped in. What next after the run higher?

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EURUSD is back higher testing the highs for the day as buyers look to take more control

The USD stocks are moving higher. Yields are going lower. Oil is lower. The USD is moving lower.

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USDCAD sets the high from last week setting the ceiling and 200 hour MA the floor.

The 200 hour MA stalled the fall at 1.36828 and the high at 1.3754 area.

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Markets turn around as Trump signals a shift in talks with Iran

The decline in the USD on the headline news has seen buyers reemerge

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Threat of Massive Escalation of the War Drags Financial Markets Lower, While Lifting the Greenback

After seemingly teasing the market ahead of the weekend that he was considering “winding down” military operations, President Trump issued Iran an ultimatum that threatens to escalate the conflict. He issued a 48-hour ultimatum that appears to expire around 7:45 pm ET today that if the Strait of Hormuz is not open, Iranian power plants …

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Week Ahead: The War and Anticipated Policy Responses Drive the Capital Markets

There are two main drivers in the foreign exchange market: war and the anticipated monetary policy response. May WTI peaked on March 9 near $113.40. Last week, the average close was a little below $95. Brent has been hit harder but it also peaked on March 9 (~$119.50), The five-day average close is about $105.50. …

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USDCAD sellers had their shot. They missed. What now technically for the USDCAD traders?

The sellers pushed the price of the USDCAD below the 100 hour MA and opening the door for more selling, but the buyers reversed the price and the break lower failed. What next?

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TGIF: The US session is starting with the USD higher after yesterdays run lower

The move to the downside in the USD runs out of steam. Stocks are lower. Yields are higher with the 10 year near 4.30%. Oil is little changed.

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