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 USDCHF traded to a new 2024 high, but failed.What would increase the bearish bias now?

The USDCHF traded to a new 2024 high at 0.9151, but could not sustain upside momentum. What next?

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Kickstart the FX trading day on April 15 with a technical look at EURUSD, USDJPY & GBPUSD

The EURUSD is rebounding modestly. The USDJPY is also higher and trades to another new high going back to 1990

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Gold Technical Analysis – WATCH this key levels for the next direction

#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. 1:00 Technical Analysis with Optimal Entries. 2:42 Upcoming Economic Data....

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USDCAD up sharply on the week and runs away from broken resistance. What next?

The USDCAD extends to highest level since November 2023

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AUDUSD and NZDUSD move lower on “risk-off” selling. What next technically?

The AUDUSD and the NZDUSD are lower on the day as "risk off" flows from geopolitical tensions weighs

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A technical look at the EURUSD, USDJPY and GBPUSD for April 12, 2024

The USD is higher vs the EU and GBP, but lower vs the JPY today. What next?

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Where We Stand

I am on vacation, and then on a business trip that will interrupt the commentary until the weekly note on April 30. The May monthly analysis will be published the following week after the FOMC meeting and April employment report.

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USDJPY Technical Analysis – The breakout opened the door for a move into the 160 level

#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. 1:41 Technical Analysis with Optimal Entries. 3:04 Upcoming Economic Data....

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AUDUSD corrects higher today, but into MA resistance where sellers lean.

The cluster of MAs in the AUDUSD found sellers. The price has moved down to test swing area.

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USDCHF corrects lower but falls into support targets. Buyers stall the fall.

Support in the USDCHF at 0.90712 holds on the dip. Buyers are still in control

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Kickstart your FX trading for April 11 w/a technical look at the the three major ccy pairs

IN the video, I take a look at the EURUSD, USDJPY and GBPUSD from a technical perspective.

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Dollar Consolidates but Adjustment is Not Over

Overview:  Higher than expected US CPI for the third consecutive month drove US interest rates sharply higher and lifted the greenback broadly. The market appears to be catching its proverbial breath today, but the shallow consolidation suggests the moves are not over.

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EVERYONE BULLISH ON GOLD BUT IT MIGHT HAVE REACHED A NOTABLE DOUBLE RESISTANCE AREA ON THE WEEKLY

Watch the levels. The resistance might be temporary, we need to wait and see but this is a junction area to watch for sellers to come in. https://www.forexlive.com/Tag/gold/

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Gold Technical Analysis – Has the US CPI marked a short-term top?

#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. 0:52 Technical Analysis with Optimal Entries. 2:31 Upcoming Economic Data....

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AUDUSD pushes toward low extremes with the USD buying today. What next technically?

The price is below the cluster of MA levels near 0.6541 to 0.6553.

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UPDATE: EURUSD continues its run to the downside & trades to new lows.Sellers in control.

Sellers force their way below the swing area at 1.0795 and 1.0803 and stay below. Key risk level now and going forward.

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The US broader indices are lower with both the S&P and Nasdaq below MA levels.

What will keep the seller in control in the short term, and what are the next targets that give sellers more control?

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USDCHF breaks higher and moves away from 38.2% retracement.

The run higher resumes for the USDCHF after the stronger US CPI

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The Bank of Canada rate decision is ahead. What are the risks/rewards for the USDCAD now?

The USDCAD is higher after stronger US CPI data

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Kickstart the FX trading day for April 10 w/ a technical look at EURUSD, USDJPY and GBPUSD

The USD is higher, yields are higher and stocks are lower after stronger CPI

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