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.

EURUSD/GBPUSD move off highs. Oil retracing declines. Yields now higher.

What levels are in play for the EURUSD and the GBPUSD now?

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Crude oil moving off of low levels and back toward the next target at the $95 area

Up and down volatility is now between $88.70 and $97.34

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AUDUSD buyers remain in control technically but resistance at 2022 swing area looms

The swing area from May 2022 between 0.7265 and 0.7283 stalled the rally yesterday. Support from April and May 2026 highs is at 0.7221 and 0.7227.

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The Yuan’s Quiet Rise and Next Week’s Summit

The offshore yuan appreciated nearly 5% against the dollar last year. The onshore yuan gained about 4.25%.  This year has picked up were 2025 left off.  Through yesterday, the offshore yuan has added roughly 2.4% this year, the onshore unit 2.6%. That puts it second among emerging market currencies in the region, trailing only the …

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USD Remains Soft, Norway Hiked, Mexico to Cut, and UK Votes

Hopes that the war on Iran is nearly over and that the Strait of Hormuz will open soon and ease the supply shock that has rippled across the global markets continues to underpin risk appetites today. The AI boom and the infrastructure and defense spending in Europe are also contributing. The dollar is mostly softer, …

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TACO Delivered a Day after Cinco De Mayo

There is one overarching fundamental development today that is driving the risk-on in the capital markets and weighing on the dollar. President Trump announced the US was suspending its new escort service in the Strait of Hormuz. Ostensibly at the request of Pakistan and other countries, the decision was to give negotiators more time. Front-month …

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USD/JPY finally reaches a key level after multiple interventions. 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 2:44 Technical Analysis with Optimal Entries 4:33 Upcoming Catalysts...

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USDCAD sellers remain in control below swing area and 100 hour MA

If the sellers can stay below 1.3630, they remain in full control.

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The AUDUSD moves to new highs as buyers take back technical control above 100/200 hour MA

The RBA raised rates by 25 basis points erasing the declines seen in 2025

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USDJPY buyers make a play with the break of a key MA. The EURUSD/GBPUSD are steady.

Kickstart the trading day with a technical look at the EURUSD, USDJPY and GBPUSD

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US Dollar Mostly Softer, Gilts Play Catch-up, and the RBA Delivered Third Hike and Signals a Pause

The US dollar is slightly lower against the G10 currencies but the Japanese yen as the North American session gets under way. Chinese and Japanese markets remain on holiday. Outside the Reserve Bank of Australia’s third rate hike of the year, the news stream is quiet. Contrary to claims otherwise, the Strait of Hormuz remains …

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Gold’s outlook remains neutral-to-bearish amid prolonged US-Iran stalemate and neutral Fed

#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 1:10 Technical Analysis with Optimal Entries 2:16 Upcoming Catalysts...

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US-Iran Ceasefire at Risk: Oil Pulls Rates Higher

The US dollar recovered in late turnover ahead of the weekend and has extended its recovery today in holiday-thin trading. Japan, China, and UK markets are closed. The ceasefire in the US-Iran war looks fragile as Washington says it will begin escorting ships out of the Strait of Hormuz and Tehran threatens to attack the …

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Week Ahead: RBA Hike, UK Local Elections, and US Employment Report

Three developments stand out from last week. First, all five G10 central banks that met delivered in some form of hawkish holds. The Bank of Japan was the least convincing and the swap market barely changed the extent of the anticipated tightening this year. The year-end projection rose by about 22 bp in Canada, 19 …

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The USD is little changed to start the day. The USDJPY remains volatile but in a range

The EURUSD and the GBPUSD are pushing to the upside. What next for each of the 3 major pairs technically

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May Day: Market Looks for US Leadership

In holiday-thinned markets, the dollar is mostly softer as North American leadership is awaited.  In light of yesterday’s surge in the yen, and contrary to our expectation, it does appear that Japanese officials materially intervened yesterday. The intervention may have been for around $34.5 bln (~JPY5.4 trillion), which if accurate, would be larger than the …

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EURUSD shifts the short term bias to the upside above the 200 hour MA

Can the buyers keep control in the new trading day?

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The GBPUSD races higher but is stalling near a swing area ceiling. What next?

The swing highs from 2026 come in between 1.3575 to 1.3600. The high price today raced up to 1.3593 and put on the brakes.. Can the buyers complete the run with another break and run?

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AUDUSD continues it’s range trading. Traders using the 100/200 hour MA as a bias barometer

The 100 and 200 hour MAs are around the 0.7159 level.

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USDCAD returns back to MA levels and awaits the next shove

The high from yesterday stalled at a key swing area between 1.37089 and 1.37149

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