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.

NZDUSD falls to support and consolidates. Sets up the battle for control next week.

NZDUSD consolidates near strong support at 0.6071 to 0.60897, setting the stage for a crucial week ahead.

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USDCHF buyers propel pair higher this week and above key 38.2% retracement.

Discover what's next for USDCHF as buyers dominate, pushing price above key retracement levels. Upside momentum targets 0.8711-0.8727, while support lies at 0.86803.

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USDCAD moved higher this week, but found willing sellers at 50% midpoint. What next?

The correction off of the 50% midppoint moved back to the broken 38.2% at 1.34523. The 50% is the ceiling now at 1.35374. Buyers and sellers are battling it out.

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Kisckstart your FX trading for January 19 w/a technical look at EURUSD, USDJPY and GBPUSD

It is Friday. What are the technicals today and for this week, telling us about the bias/risks. Discover the bias and risks in the FX market with a technical analysis of EURUSD, USDJPY, and GBPUSD for today and the week ahead.

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Quiet End to a Busy Week

Overview: The dollar's surge in the first part of the week has given way to consolidation. The US dollar is sporting a softer profile against most of the G10 currencies. The Dollar Index is threatening to snap a three advance. Sterling is a notable exception following the weakest retail sales report since 2021. Most emerging market currencies, including China, Taiwan, and Mexico are slightly firmer. US President Biden is expected to sign a bill...

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USDJPY Technical Analysis

#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. 1:43 Technical Analysis with Optimal Entries. 3:13 Upcoming Economic Data....

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Will BITCOIN’S PRICE soar again? | Market Outlook with Exness

Ready to dive deep into the electrifying world of Bitcoin price forecast and analysis? As the Bitcoin market teeters on the edge of a pivotal moment, everyone's asking: Can the cryptocurrency reclaim its glorious Bitcoin gains highs or is a Bitcoin correction lurking around the corner? Join us as we explore the tantalizing prospect of Bitcoin gains possibly resuming and the factors that could kick start another rally. What influences the price...

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NZDUSD tests, but can’t break a cluster of support

The 0.6071 to 0.60901 area is a key support target for the NZDUSD. In this video, I outline the support and show what needs to be done to increase a bullish bias after the sharp fall this week.

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EURUSD waffles up and down after retest of the 200 day MA

After successfully testing the crucial 200-day moving average at 1.0846, the EURUSD buyers aim for higher ground in their quest for an upside breakout.

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The AUDUSD is waging a battle between support and resistance targets. What next?

A swing level and the 100-day MA is support. The 50% and the 200-day MA is resistance above.

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USDCHF retracement support boosts buyer confidence

USDCHF rebounds from 38.2% retracement support, potential upside towards 0.87218.

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The USDCAD bounces off support at the 200 day MA today keeping the buyers in control

Although the USDCAD price is above the 200-day MA, the 50% midpoint of the move down from the November 2023 high remains a key target needed to get above to increase the bullish bias.

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Kickstart your FX trading for Jan 18 with a technical look at the EURUSD, USDJPY and GBPUSD

The dollar strengthens as jobless claims beat expectations, impacting EURUSD and GBPUSD. Buyers and sellers look to the key barometer of moving averages. GBPUSD remains range-bound within mid-December levels.

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Dollar Rally Pauses, but Fuel from Interest Rate Adjustment may not be Complete

Overview: This week's dollar surge is consolidating today. Interest rates have steadied, but the adjustment, which involves pushing the first rate from March toward June does not appear complete. This suggests the dollar's recovery from last November-December's sell-off may not be complete either. Today, though, it is a little firmer against all the G10 currencies but the Swiss franc. Most emerging market currencies are also trading with a slightly...

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Gold Technical Analysis

#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. 0:41 Technical Analysis with Optimal Entries. 1:57 Upcoming Economic Data....

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USDJPY trends higher and higher but has found willing sellers near a swing area target.

What next technically for the USDJPY currency pair?

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AUDUSD keeps the trend going to the downside but reaches a key swing level target. What next?

The 0.65229 level in AUDUSD was near the low today and that was a low back in November and December before running higher.

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Gold is lower as yields move higher, the dollar moves higher. What about the technicals?



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EURUSD bounces off the 200 day MA. Buyers and sellers continue to battle

The EURUSD dipped to a new low in the early NY session but did hold the support at the 200 day MA. On the topside, swing area resistance is between 1.08788 and 1.0894.

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Kickstart the FX trading for January 17, 2024.with a look at EURUSD, USDJPY and GBPUSD

What levels are in play for the major currency pairs to start the US trading day on January 17, 2024

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