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 volatility continues: Ups and downs in trading shift market sentiment

The AUDUSD has experienced ongoing volatility with shifts in market sentiment. Ups and downs in trading have determined the bias, with key moving averages acting as barometers. Traders eagerly await the FOMC rate decision for the next market movement.

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USDCAD rebounds above moving averages but faces resistance at key area

After falling below a crucial floor, the USDCAD bounced back and crossed several moving averages. The 100-day moving average now acts as support, while a swing area and the 38.2% retracement level pose as resistance.

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The major currency pairs bounce back after initial reaction to US CPI data

EURUSD, USDJPY, and GBPUSD see technical lows but recover after initial dip following US CPI release.

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Soft US CPI Today Paves Way for Fed Pivot Tomorrow

Overview: The US dollar is trading softer against all the G10 currencies ahead of what is expected to be a soft November CPI report, which paves the way for a pivot by the FOMC tomorrow. It is expected to signal that policy may be sufficiently restrictive and anticipate being able to cut rates next year more than it thought in September, even if not as much as is priced into the market. Among emerging market currencies, central European currencies...

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USDJPY Technical Analysis

Here's a quick technical analysis on USDJPY with some fundamental background. For more visit ForexLive.com

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EURJPY buyers push upward, challenging critical resistance levels

EURJPY sees buyers assert control, climbing above swing area and 100-hour moving average. As upward momentum builds, attention turns to significant resistance levels for potential breakthrough.

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AUDUSD at critical levels: Navigating central bank decisions and market volatility

Explore the crucial price levels of the AUDUSD currency pair as it battles between technical zones. Gain insights into potential targets and prepare for market shifts amidst upcoming central bank decisions, injecting volatility.

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The USDCHF buyers tried to move higher, but found willing sellers near swing area resistance

The USDCHF buyers faced resistance near swing area, hindering their upward movement. With important interest-rate decisions from the Federal Reserve and Swiss National Bank this week, consolidation between support and resistance is expected.

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USD/CAD dips below key moving averages, bias shifts to the downside.

USD/CAD sellers gain momentum as price falls below crucial moving averages. Bias turns bearish, with next target at 1.35478. A move below this level could target the 200-day moving average at 1.3515.

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Kickstart your FX trading with a technical look at the EURUSD, USDJPY and GBPUSD.

What are the charts saying? What is the bias? The risk? The targets?

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GOLD futures technical analysis; Bears find gold and will take it to 1978.mp4



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BOJ Speculation Unwound, Taking the Yen Lower

Overview: The busy week of central bank meetings is off to a mostly slow start. The dollar is narrowly mixed in quiet turnover, except against the Japanese yen. Many participants seemed to exaggerate the risks of a BOJ move next week and dollar continued its recovery that began ahead of the weekend. Among emerging market currencies, central European currencies appear to be aided by the firmer euro. They are resisting the dollar's advance seen...

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Gold Technical Analysis

Here's a quick technical analysis on Gold with some fundamental background. For more visit ForexLive.com

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Week Ahead: What Central Banks Say may be More Important than What They Do

There were three outsized moves last week. Gold had a $135 range on Monday, posted a key downside reversal, and fell below $2000 at the end of the week after setting a record high slightly above $2135. January WTI neared $80 on December 1 and traded below $69 on December 7, its lowest level in five months. The seven-week slide matches the longest since July/August 2015. Third, the dollar fell by a little more than 2.1% on December 7 against the...

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ForexLive Video

The USDCHF has moved higher this week and is nearing a crucial resistance level. Traders are watching to see if it breaks above this level and extends towards higher targets, or if it faces strong selling pressure and resumes its downward trend.

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Anticipating a Move: NZDUSD trading mostly within a value area, but look for a break soon

The NZDUSD has been trading within a value area between 0.6112 and 0.6191. The current bias favors the downside with a break below the value area and potential bearish momentum. Buyers may lean in and take the price higher instead.

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EURUSD moves higher. Univ of Michigan consumer sentiment rises, but inflation declines.

What next for the EURUSD after University of Michigan shows Goldilocks scenario of strong growth and lower inflation.

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GBPUSD finds support buyers near trend line. Can the sellers remain in control?

GBPUSD moved lower after stronger-than-expected US jobs report, but found support buyers near trend line. Traders watching key technical levels for further direction.

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The Yen Stabilizes in a Broad Range but the Focus is on Today’s US Employment Report

Overview: The US dollar is a little firmer ahead of the November employment data. It is trading mostly inside yesterday's range. It is in a wide range against the Japanese yen (~JPY142.50-JPY144.50) even if not as wide as yesterday (~JPY141.70-JPY147.30). The Canadian and Australian dollars are the strongest among the G10 currencies, while the South Korean won, and Taiwanese dollar are the best performers among the emerging market complex. Gold,...

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ES Stocks Futures Market, next key levels before the all time high.mp4

📈🚀 Exploring S&P 500 E-Mini Futures - Next Key Levels & All-Time High Insights 🚀📈 Hello, Traders and Market Enthusiasts! 🌟 Join us as we delve into the dynamic world of the S&P 500 E-Mini Futures (ES), a crucial indicator of the overall stock market. 📊🔍 🎢 Key Levels to Watch - What's Next? Immediate Focus on 4685 & 4711: Understanding the importance of these levels in the current market context. 🎯 4685 Level: The Price Control...

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