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.

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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US CPI, New Security Initiatives with Tokyo and Manila, Bank of Canada Meeting

Overview: The dollar has been confined to narrow ranges ahead of the US CPI report. Given the backup of US rates and the stronger-than-expected jobs growth, the greenback's performance has been unimpressive.

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EURUSD Technical Analysis – Key levels to watch ahead of the US CPI

#eurusd #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the EURUSD 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. 1:30 Technical Analysis with Optimal Entries. 2:55 Upcoming Economic Data....

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UPDATE: USDJPY falls to MA support targets and bounces on the first test

Can the sellers push the USDJPY below the 100/200 hour MAs

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The NZDUSD and the AUDUSD are both trading higher for the day/week. What next technically?

The USD is moving lower in early US trading.

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USDCHF moves back below MA support tilting the bias back to the downside

The USDCHF has been in a less than 100 pip trading range over the last 2-weeks of trading.

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Kickstart the FX trading day for April 9 w/a technical look at the EURUSD, USDJPY & GBPUSD

What are the bias, the risk and the targets for the major pairs in trading today.

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Dollar Consolidates Softer Ahead of Tomorrow’s CPI

Overview: The dollar is trading with a softer bias in mostly narrow ranges against the G10 currencies. It did not rally much ahead of the US jobs data, and it was not able to sustain the upside momentum afterwards, despite the jump in US yields. Former St. Louis Fed President Bullard, who still has a strong reputation in the market, told Bloomberg TV yesterday that three cuts were his base case this year. The Scandis and Antipodeans are the...

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USDJPY Technical Analysis – WATCH OUT for the US CPI tomorrow

#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. 1:50 Technical Analysis with Optimal Entries. 3:36 Upcoming Economic Data....

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