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.

USDJPY pulls back as the US dollar weakens on renewed US-Iran optimism. What’s next?

#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 1:53 Technical Analysis with Optimal Entries 3:37 Upcoming Catalysts...

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Restrained Risk-Off

The collapse of US-Iran negotiations and the US threat to blockage Iranian ports presents an escalation in the conflict that the market’s did not anticipate. Equities and bonds are lower, and the dollar is mostly firmer. However, so far, the moves appear restrained. Iranian oil has largely been shipped to China and with the Trump-Xi …

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Gold prices come under pressure after the first round of US-Iran talks fail. What’s next?

#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 Overview 0:57 Technical Analysis with Optimal Entries 2:27 Upcoming Catalysts...

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Week Ahead: Hope Springs Eternal

Hope that the ceasefire will lead to the end of the Middle East war fanned risk appetites in recent days. Equities rallied broadly. May WTI and June Brent fell by nearly 11.5%. The dollar fell against all the G10 currencies, the Antipodeans and Scandis, which seem the most sensitive to growth prospects and the risk … Continue reading...

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USDCHF moves stretching away from the 100 day MA. Trades to new lows for the week.

The USDCHF is moving away from its 100 day moving average at 0.7886

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The markets – including the USD – are little changed to kickstart the Friday trading

Focus is still on the developments in Iran with hopes for peace talks continuing

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G10 Currency Consolidation Looks Constructive, but the Weekend Poses Risks

The dollar is mixed against the G10 currencies today, ahead of the March US CPI report. The dollar bloc and the Japanese yen are struggling. However, the tone is mostly consolidative. Equities were higher in the Asia Pacific region, with a few exceptions, and in Europe. Bond yields are firmer. Both WTI and Brent crude …

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USDJPY trades to new highs and tests the converged 100/200 hour MAs

The 100 and 200 hour moving averages come near 159.23. The 2 moving averages create a key barometer for buyers and sellers.

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NZDUSD stretches back higher but running into MA resistance

The 200 bar MA on the 4 hour chart is being tested at 0.5846, but finding will sellers near the level. Buyers and sellers are battling.

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USDCHF sellers test key support as downside momentum builds below major MAs

Break below the 100-day MA and 38.2% retracement would strengthen bearish control, while 0.79235 remains the risk-defining ceiling for sellers

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USDCAD falls to new session lows after a ceiling near 1.3860 stalled the rise

The 200 day MA and the 50% retracement of the move up from the March 23 low at 1.3816 is the key target for sellers to get below now.

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The USD is mixed vs the major currencies to kickstart the Thursday trading

US stocks are marginally lower. Yields are marginally lower. Oil is keeping a lid under $100, but above $95

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Rough Start to Ceasefire Curbs Yesterday’s Enthusiasm

It seemed clear that yesterday’s euphoric reaction to the two-week ceasefire was exaggerated. Ceasefires often have been plagued with disputes and violations at the start. This one is no different. At the same time, Israel’s action in Lebanon complicates the situation and there is some dispute whether it was covered by the ceasefire. President Trump …

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Gold remains supported amid the US-Iran ceasefire as focus turns to negotiations

#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 Overview 0:58 Technical Analysis with Optimal Entries 2:10 Upcoming Catalysts...

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EURUSD consolidates near highs and holding above a cluster of technical levels

The 50% retracement, the 200 day MA and the 100 day MA create a cluster of close support for the EURUSD between 1.1667 to 1.1685

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S&P and Nasdaq indices come off highs. 100 day MA remains unbroken. Ceasefire in jeopardy

There are a some concerns from both sides on the ceasefire.

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The NZD is the biggest mover vs the USD. RBNZ keeps rates unchanged.

Risk on flows seen into the NZDUSD. What are the technicals telling traders right now.

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USDCHF falls below the 100 day MA on the tumble lower

What will traders be focused on now to keep the momentum going? What would spoil the sellers joy?

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The USDCAD is lower but it is seeing more of a bounce. What would worry the seller?

The USDCAD is bouncing off low levels after a break below an upward sloping trend line failed. What next for the pair?

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The war unwind is on. Oil lower, Yields lower. Stocks higher and the USD lower

What has the move lower in the USD done to the technicals with hopes for peace and denuclearization? I will outline the new technical storyline in the video.

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