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 bounces higher after testing key technical support. Can the buyers keep pushing?

The USDCAD bounced off swing area support and ahead of the 200 day MA earlier today. The 100 day MA was breached at 1.36343 on the topside. Can the buyers keep the momentum going?

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The GBPJPY is trading at highest level since 2008 and bounced off support today.What next?

The 100 and 200 hour MAs are doing a great job of leading the GBPJPY pair higher. That is key for the technical picture.

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Kickstart the FX trading day for July 5 w/a technical look at the EURUSD, USDJPY & GBPUSD

The market digests the US jobs report as Government jobs push jobs higher. Private sector, not so great. USD is mixed.

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USDJPY Technical Analysis – The soft US data triggered a correction

#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. 0:53 Technical Analysis with Optimal Entries. 2:18 Upcoming Economic Data....

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Gold Technical Analysis – The breakout of the range triggered a rally

#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. 0:52 Technical Analysis with Optimal Entries. 2:48 Upcoming Economic Data....

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USDCAD moves down toward low of multi-week lows ahead of jobs reports on Friday

USD/CAD continues downward trend, breaking key moving averages. Potential for further downside if key support levels are breached, else a bounce back is possible.

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USDCHF bounces off the 100 day MA again. The 100 hour MA stalls the bounce.

The 100-day MA on the USDCHF is at 0.89836. The 100-hour moving average is at 0.90134

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Kickstart the FX trading day for July 3 w/a technical look at EURUSD, USDJPY & GBPUSD

A technical look at the three major currency pairs to start the joint third trading day

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USDJPY Technical Analysis – The only way is up for now

#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. 0:48 Technical Analysis with Optimal Entries. 2:07 Upcoming Economic Data....

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USDJPY trades in a narrow range today. What next?

The USDJPY found willing sellers near the high from yesterday (and highest level since 1987). The low reached down to test the high from last Friday and found support buyers. Those levels will be the key barometers for buyers and sellers in trading in the new day on July 3

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AUDUSD buyers remain in control with the price above 100/200 bar MA on the 4-hour chart

The two moving averages in the AUDUSD are near converged at 0.6644. Stay above is more bullish.

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USDCHF extends the gains today but has swing area resistance to get through

The swing area resistance in the USDCHF is between 0.90449 and 0.90565.

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USDCAD rotates lower today but stalls @100 bar MA on 4-hour chart/50% of range since April

The 1.3714 to 1.3717 is support and risk/bias defining level for the USDCAD.

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Kickstart the FX trading day for July 2 w/a technical look at the EURUSD, USDJPY & GBPUSD

What technical levels are in play for the 3 major currency pairs for July 2, 2024.

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No Turn Around Tuesday as Greenback Remains Firm

Taking the next few days off.  Will be back with week ahead commentary on  July 6.  Overview: The sharp jump in US long-term interest rates has helped lift the greenback in recent sessions and it remains firm against most of the G10 currencies today. The Canadian dollar is the best performer, and it is nearly flat. The intraday momentum indicators warn that after a mostly consolidative Asia Pacific and European morning, the greenback may probe...

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Gold Technical Analysis – The price action remains rangebound

#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. 1:00 Technical Analysis with Optimal Entries. 2:28 Upcoming Economic Data....

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NZDUSD tests 100/200 day moving averages nearly 0.6068. Key barometer for buyers/sellers.

The 100 and 200-day moving averages are converged near 0.6068

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USDCAD runs up to swing area/retracement target and backs off.

What next from a technical perspective for the USDCAD?

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AUDUSD remains below swing area high and rotates lower toward 4-hour MA levels

The 200 and 100 bar MAs on the 4-hour chart at 0.66395 and 0.66459

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USDCHF higher on the day but battling between technical levels

An old floor is support (with 200 bar MA on the 4-hour chart) at 0.8997. The 50% of the move down from the May 1 high at 0.9025 is resistance. Battle is on between the levels.

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