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.

USDCAD breaks below a cluster of technical levels

The USDCAD breaks below trend line, 100 bar MA on the 4-hour chart, and low of swing area between 1.3945 and 1.3958. Stay below is more bearish.

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NZDUSD index moves lower and sellers are in control, but there is some key support holding

The sellers had their shot last week and again earler this week below 0.5848 and 0.5859 but failed. The low today stalled at the high of the swing area

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Ueda Lifts Yen, Leaving Euro and Sterling Pinned Near Lows

Escalating tensions in Europe and comments from Bank of Japan Ueda that spurred speculation of a December hike are the main drivers of the foreign exchange market today. The yen is the strongest of the G10 currencies, up about 0.65%, while the euro is the weakest, off a little more than 0.25%, and sterling is down almost as much.

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Gold Technical Analysis – New highs as rate cuts repricing pauses

#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. 0:45 Technical Analysis with Optimal Entries.1:57 Upcoming...

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The USDJPY, GBPUSD and USDCHF are each using the 100 hour MA as a risk/bias defining level

How can that help in your trading? I will explain in this video.

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EURUSD retraces gains from yesterday moves back to swing area support at 1.05158

The EURUSD is trading between 1.05158 and 1.0610 in trading this week

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USDCAD bounces higher after two days of declines. Prices back above 2022 high at 1.3978

If the USDCAD can stay above the 1.3978 level, the buyers can push the upside once again

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Sterling and Gilts Pressed Lower by Firmer CPI

US dollar and rates are firmer today. All the G10 currencies are lower, led by the Japanese yen. The UK reported firmer than expected CPI and this may have deflected some of the selling pressure away from sterling, which is off less than 0.2% to put it atop the pack ahead of the US open.

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USDJPY Technical Analysis – The JPY remains the weakest among the majors

#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. 0:52 Technical Analysis with Optimal Entries. 2:07 Upcoming Catalysts...

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Putting the EURJPY volatile price action in your favor.

The EURJPY has been moving up and down with large swings over the last 3 days of trading. THe price is back up testing a resistance area. Is it time to sell again?

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AUDUSD bases near support. Stretching to new highs above swing area at 0.6505 to 0.6513.

The buyers came in at support swing area at session lows today keeping the buyers in play.

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In this video, i take a technical look at the USDCAD and USDCHF

Both the USDCAD and USDCHF are making a technical play to the downside. Can the sellers keep the momentum going through the next key targets?

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What are the technicals driving the EURUSD , USDJPY and GBPUSD in trading today?

An updated technical look at the three major currency pairs (EURUSD, USDJPY and GBPUSD)

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Geopolitics Roil Capital Markets

Within hours of the US giving permission to Ukraine to use US weapons to strike Russian territory, which it did, Moscow announced a change it is nuclear doctrine that allow for the use of nuclear weapons against a conventionally armed adversary that is backed by nuclear powers.

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Gold Technical Analysis – The short term bias switched back to bullish

#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. 0:45 Technical Analysis with Optimal Entries. 1:53 Upcoming Catalysts...

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AUDUSD rebounds into a swing area resistance target. What next?

AUDUSD rebounds from swing area resistance at 0.6479, targeting levels at 0.6506-0.65129. Watch for potential upside momentum towards 0.6567 or downside towards 0.64349.

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GBPUSD corrects higher and closer to the 100 hour MA at 1.26811.

A move above 1.2681 to 1.26858 in the GBPUSD is needed by the buyers

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EURUSD pushing away from its 100 hour moving average

The 100-hour moving average is at 1.05659. Next target 1.05926 followed by 1.0600 – 1.0610.

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USDCAD rotates lower today after sharp break higher last week took price to 2020 levels

The run to the upside last week extended above the high from 2020 at 1.3978. The rising 100-hour MA is a downside target at 1.40196.

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USDCHF is backing off highs going back to July and back below 61.8% retracement

The break above the 61.8% retracement of the move down from the May high at 0.88989 failed last week. The 100 hour MA is being tested.

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