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.
My articlesMy offerMy siteAbout meMy books
Follow on:LinkedINTwitterSeeking AlphaAmazon
Filter archive by: Show All Show only Articles Show only Videos

Dollar Crushed, Stocks Slump

2024-07-17

by

2024-07-17

Jury duty assignment prevents a more comprehensive note, but here is a snapshot. Overview: The dollar is broadly lower, and stocks are under pressure. Comments by a Japanese official, which did not appear to break new ground, coupled with Trump's interview in BusinessWeek, where he was critical that Japan was benefiting from a weak yen, despite having apparently spent some $80 bln this year trying to stop it from falling, may have been the trigger....

Read More »

Gold Technical Analysis – We reached a new all-time high

2024-07-17

by

#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. 0:38 Technical Analysis with Optimal Entries. 2:08 Upcoming Economic Data....

Read More »

EURUSD bounces off 50% midpoint, giving the buyers the “go ahead” to push higher

2024-07-16

by

As long as the price stays above the 50% retracement at 1.08695, the buyers are in control,

Read More »

USDCAD moves higher after Canada CPI & US retail sales but can’t keep momentum going

2024-07-16

by

With the BOC rate decision next week, what next?

Read More »

The USDCHF extended higher after retail sales but stalled at a MA target

2024-07-16

by

The pair moved through 3 of 4 moving averages from 0.8956 to 0.89778, but stalled at the highest target.

Read More »

Kickstart the FX trading day for July 16 w/a technical look at the EURUSD, USDJPY & GBPUSD

2024-07-16

by

Retail sales help to send the USD higher

Read More »

BOJ Appears to have Intervened last Friday Too, but Market Sells Yen Anyway

2024-07-16

by

2024-07-16

Jury duty assignment prevents a more comprehensive note, but here is a snapshot. Overview: The US dollar is consolidating in narrow ranges against most of the G10 currencies. The Australian and New Zealand dollars, along with the Japanese yen are off by about 0.25%, but the others are +/- 0.10. The latest BOJ data appears to imply that officials intervened not only last Thursday, but Friday as well. Emerging market currencies are mixed but mostly...

Read More »

USDJPY Technical Analysis – The price is consolidating at a key trendline

2024-07-16

by

#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. 1:20 Technical Analysis with Optimal Entries. 2:28 Upcoming Economic Data....

Read More »

USDJPY sellers push below double bottom and retracement level today, but break fails

2024-07-15

by

The buyers now more in control. Can they take back more control? Where does that happen? I talk about it in this short video.

Read More »

NZDUSD trades in a neutral area. Traders await for a break. CPI this week.

2024-07-15

by

The price of the NZDUSD trades between MAs on the top and bottom.

Read More »

USDCAD tests a cluster of MAs on topside after bouncing off key support at Friday’s low

2024-07-15

by

The Bank of Canada meets next week and the odds for a cut increases.. What are the technicals telling traders in the pair?

Read More »

USDCHF finds willing sellers near a cluster of MAs. Trades above and below 50% midpoint.

2024-07-15

by

The 50% of the range since June low at 0.8938 is the barometer for traders today after resistance against a cluster of MAs above stalled the rally today.

Read More »

Kickstart the FX trading day for July 15 w/a technical look at the EURUSD, USDJPY & GBPUSD

2024-07-15

by

The EURUSD and the GBPUSD extends to topside resistance targets and finds sellers. The USDJPY stays mostly between retracement levels.

Read More »

Dollar Consolidates to Start the New Week

2024-07-15

by

2024-07-15

Overview: The assassination attempt on former President Trump has injected a new dynamic as his chances of being re-elected appear to have risen. There are a few trades that seem to benefit from a second term:  steepening yield curve, weaker Mexican peso, and stronger crypto. The dollar initially strengthened as the market's initially responded, while Tokyo markets were closed for Marine Day. As North American activity is about to begin, the dollar...

Read More »

Bitcoin Technical Analysis – The bias switched back to bullish

2024-07-15

by

#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. 1:00 Technical Analysis with Optimal Entries. 2:36 Upcoming Economic Data....

Read More »

Week Ahead: Following Up a Watershed Week

2024-07-13

by

2024-07-13

Slowing US jobs growth, the third consecutive rise in the unemployment rate, and the softer than expected CPI are a watershed. Although the Federal Reserve will not cut rates when it meets at the end of the month, Chair Powell will likely lay the groundwork for a cut in September. Indeed, the Fed funds future market has priced in slightly more than a 25 bp cut. The deteriorating economic conditions dragged US two-and 10-year yields to their lowest...

Read More »

A number of currency pairs stretched to key target levels including the NZDUSD. What next?

2024-07-12

by

A quick look at the GBPUSD, EURUSD, USDJPY and finally the NZDUSD in this video

Read More »

EURGBP trades to a new low going back to 2022 and tests an old swing area

2024-07-12

by

Will the buyers stall the fall after the July run lower?

Read More »

Kickstart the FX trading day for July 12 w/a technical look at the EURUSD, USDJPY & GBPUSD

2024-07-12

by

The PPI was higher but the USD has erased gains quickly

Read More »

Market Takes JPY Lower Despite Intervention Speculation, While Sterling Shines

2024-07-12

by

2024-07-12

Overview: The dollar is mostly consolidating yesterday's CPI-inspired decline. The main features include the market bidding the US dollar back above JPY159 despite more speculation that the BOJ did in fact intervene yesterday and checked on the euro-yen cross in the local session today, and unexpectedly soft Swedish inflation, which the swaps market says could spur three rate cuts here in second half. A record trade surplus and strong aggregate...

Read More »