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.

EURJPY sellers have been leaning. That is staying below the 100 day MA, & the 100 hour MA

I will show you where those levels are now and why they are so important for buyers and sellers in the EURJPY pair.

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USDCAD trades to a new 2024 high. Keeps the push to the upside going.

The 2023 high in USDCAD is at 1.3898 and is now in traders sites

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USDCHF moves to a new session high as the bounce off the 50% stretches higher

The 200 day MA and key resistance area looms on the topside for USDCHF traders. .

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The AUDUSD/NZDUSD continue their runs to the downside. No bullish clues/sellers in control

The NZDUSD is moving toward 2024 lows

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Kickstart the FX trading day for July 29 w/a technical look at the EURUSD, USDJPY & GBPUSD

The EURUSD and GBPUSD have moved lower. The USDJPY is trading up and down to start the trading week

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Market Boosts Odds of a BOE Rate Cut this Week

Overview: The US dollar is mostly firmer today ahead of what promises to be an eventful week. Sterling is bearing the brunt today, off a little less than half-of-a-cent as expectations creep up of a rate cut this week and Chancellor of the Exchequer Reeves plays up the poor state of public finances left by the Conservative government. Sterling (and the euro's) five- and 20-day moving averages have crossed. The yen is mostly within the pre-weekend...

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How to make money: Five Magic Words | Webinar | Powered by TraderCademy

Unlock the secrets to professional trading success with Adam Button, Chief Currency Analyst at ForexLive, in his presentation "Becoming a Pro Trader." With over 15 years of experience, Adam shares invaluable insights and strategies to boost your profitability. Discover the five magic words that can transform your trading approach, hear expert advice from legendary investor Jim Rogers, and learn how doing your homework can give you a...

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USDJPY Technical Analysis – The pair bounced on the key 152.00 support

#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. 1:36 Technical Analysis with Optimal Entries. 3:01 Upcoming Economic Data....

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Week Ahead: Alphabet Soup–BOJ, EMU CPI, FOMC, BOE, US NFP

A dollar-centric narrative would note that the greenback rose against most of the G10 currencies last week. Yet, the dollar, the most actively traded currency, was arguably not the prime mover in recent days. Rather, the unwinding of carry trades seems to be the driver of much of the price action. The low yielding yen and Swiss franc were the only G10 currencies to rise against the US dollar. The Australian and New Zealand dollars were the worst...

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What technical levels are in play for the EURUSD for the week starting July 29

In the video, I take a technical look at the levels in play for the EURUSD as the new trading starting July 29 begins.

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What technical levels are in play for the GBPUSD for the week starting July 29

In this video I take a look at the key levels in play for trader for the week starting July 29

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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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