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.

What technical levels will guide the USDJPY in the new trading week starting July 29.

The USDJPY fell sharply in trading this week, but bounced off a key support .. What levels are in play for the pair.

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USDCHF bounces as flight to safety flows abate. What levels are in play going forward?

The USDCHF has strong support at the 50% retracement of the range since the December 2023 low at 0.8777, and strong resistance against the broken 38.2% and 200 day MA at 0.8830.

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USDCAD. Is it a break or is it not? Well a little of both. A technical look at the USDCAD

In the USDCAD the price moved above the Red Box this week, but it could not run above the April 2024 high.

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AUDUSD is bouncing after exhausting momentum. NZD has a small bounce. Not impressed

A technical look at both the AUDUSD and the NZDUSD

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Kickstart the FX trading day for July 26 w/a technical look at the EURUSD, USDJPY & GBPUSD

The EURUSD and the GBPUSD is waffling up and down. The USDJPY moved higher but into resistance.

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Is the Dramatic Yen Short Squeeze Over?

Overview:  The powerful yen short squeeze that has roiled the capital market this week has stalled today. It is the first day this week that the dollar has not fallen below the previous day's low and has risen, though slightly, above previous session's high. The Antipodeans and Scandis are trading with a firmer bias. The yen and Swiss franc are the only two G10 currencies that are not stronger today. The stability of the yen appears to have removed...

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USDCAD makes a new high but just barely. Price backs off. What next?

The pair slides to swing area support and bounces

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USDCHF bounces off the 50% of the range since December 2023 low.

There is key upside resistance that is stalling the bounce too. So buyers and sellers are battling.

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AUDUSD and NZDUSD continue the sharp fall. What are the technicals telling us now?

AUDUSD tries to bounce. NZDUSD still lags as fundamentals weigh on the pairs.

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Kickstart the FX trading day for July 25 w/a technical look at the EURUSD, USDJPY & GBPUSD

What is driving the major currency pairs after the data dump today and the sharp moves in global stock markets?

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Yen’s Surge Continues, while PBOC Surprises with Another Rate Cut, and US 2-30 Year Yield Curve Ends Inversion

Overview: The capital markets are in flux. The powerful short-covering rally of the yen and unwinding of carry trades continues. For the second time this week, the PBOC has surprised by cutting interest rates. The dramatic sell-off of equities continues. The unexpected contraction of South Korea's Q2 GSP (-0.2%) is seen as confirmation of broader economic weakness Speculation of a more aggressive Federal Reserve is gaining ground. It is not that...

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Bitcoin Technical Analysis – We are at a key support

#bitcoin #crypto #technicalanalysis In this video you will learn about the latest fundamental developments for Bitcoin. 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. 0:57 Technical Analysis with Optimal Entries. 2:10 Upcoming Economic Data....

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The USDCHF is sharply lower on the day, but respects key support target near 0.8819-0.8825.

The USDCHF fell back below the 200 day MA and 38.2% at 0.8883.

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A technical look at broader stocks and key forex pairs including EURUSD, USDJPY and USDCAD

The stocks are getting hammered. The USDJPY tumbles. The Bank of Canada cuts rates. The EURUSD waffles and tries to rally. What next?

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Greenback and Yen Extend Gains

Overview: The dollar's gains have been extended today, but in the risk-off mode, and unwinding of carry positions, the Japanese yen and Swiss franc are firmer.  the dollar has stabilized in late European morning turnover. The Bank of Canada is widely expected to cut rates today and the greenback is pushing against CAD1.38, which it has not traded above for three-months. The US dollar gains, which we anticipated, are coming despite interest rates...

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TSLA stock technical analysis post earnings

See the unnconfirmed channel, the confirmed bigger channel, the VWAP anchored from last earnings and previous highs. This is an important technical map and you need to see how price reacts if gets to these junctions.

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USDJPY Technical Analysis – The sellers remain in control

#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. 1:29 Technical Analysis with Optimal Entries. 2:42 Upcoming Economic Data....

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Finance Magnates Pacific Summit

Louise Bedford from Talking Trading and ForexLive's Eamonn Sheridan and Justin Low talk about what each will be speaking on at the upcoming Finance Magnates Pacific Summit. Would you like to hear them speak? You can in Sydney on 27-29 August. To register: https://events.financemagnates.com/event/bfb8e41b-740c-4543-922d-9b0ab8e783de/summary

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GBPJPY reverses June/early July surge and follows similar technical tools. Watch and learn

Key technical tools guide the GBPJPY lower over the last few weeks. A swing area is being tested and this may be an area to stall the fall.

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EURUSD bounces just ahead of the 38.2% target at 1.08394. What now?

Sellers don't have the momentum to get below the 38.2% retracement target on the first look. Got with 4-pips of the level at 1.08394.

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