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.

Gold Technical Analysis – The bullish bias strengthened after the US CPI

#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. 0:37 Technical Analysis with Optimal Entries. 1:56 Upcoming Economic Data....

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What would increase the bearishness in the Nasdaq today and going forward?

In this video, I outline the levels that would need to be broken to increase the bearish bias. Absent that, the buyers are still in play.

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USDCAD moves lower but stalls the fall near the 38.2% retracement/200 day MA

The 38.2% and 200-day MA comes in at 1.35899 and 1.35955 respectively. The low reached 1.3588 and bounced. Key support remains. ON the topside the 100 day MA stalled the rally today at 1.36393

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The USDCHF falls after lower CPI, & bounces off retracement/swing level support.What next?

Traders will be eying the 0.8938-50 area resistance now.

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Seller in the USDJPY remain in control below 159.05 as sellers take control after US CPI.

Staying below the 38.2% of the move down form the week high keeps the sellers in control in the USDJPY.

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Kickstart the FX trading day for July 11 w/a technical look at the EURUSD, USDJPY & GBPUSD

What levels are in play now after the sharp fall in the USD after the weaker US CPI data

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Today’s Battle: Soft US CPI vs Stretched Momentum Indicators and Two Fed Cuts Discounted

Overview: The focus today is on the US CPI report. Another soft reading is expected, and it may strengthen ideas of a Fed cut in September, which ostensibly gives it time to cut again before the end of the year. The dollar is trading with a softer bias against most of the G10 currencies. A stronger than expected May GDP report helped sterling reach new four month high. The greenback is also holding below yesterday's high near JPY161.80 against the...

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USDJPY Technical Analysis – The bullish bias remains intact

#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. 2:09 Upcoming Economic Data....

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USDCAD seller are making a play in No American trading after waffling up & down this week

The USDCAD is looking to test swing area support between 1.3597 and 1.3615

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USDCHF buyers enter and push the pair toward its key 100 day MA.

The buyers are making a play with a break back above the 100 hour MA, and 200 bar MA on the 4-hour chart today

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Kickstart the FX trading day for July 10 w/a technical look at the EURUSD, USDJPY & GBPUSD

In addition to the three major currency pairs, I also take a honest look at the NZUDSD

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Narrow Ranges for the Dollar Prevail Ahead of Tomorrow’s US CPI

Overview: The dollar is mostly softer today, but largely within the recent ranges, as the market appears to be waiting for tomorrow's US CPI. There are a few exceptions to note. The yen is trading near its recent lows. A less hawkish Reserve Bank of New Zealand has triggered a sell-off of the local dollar. Softer than expected Norwegian inflation has knocked the krone lower. Most emerging market currencies are firmer, with several Asia Pacific...

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Gold Technical Analysis – The bullish bias remains intact

#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. 0:43 Technical Analysis with Optimal Entries. 2:06 Upcoming Economic Data....

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USDJPY catches a bid and stretches the bullish bias

The price of the USDJPY has now moved above a swing area between 161.27 and 161.39

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AUDUSD traders push against close support but has work to do.

The price action is limited so far as traders digest Fed Chair Powell testimony.

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As Powell’s testimony goes on, the USDCAD is stuck in an up and down range.

Traders can look for a break when the market is stuck in the mud

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USDCHF price action is setting up traders for the Fed Chair testimony

Resistance held today against the 100 day MA. On the downside, the sellers had their shot below the 100-bar MA on the 4-hour chart yesterday, and failed.

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Kickstart the FX trading day for July 9 w/a technical look at the EURUSD, USDJPY & GBPUSD

The Fed Chair testimony is forthcoming. What technical levels are in play for the buyers and sellers through that testimony.

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Quiet Summer Tuesday with Powell’s Testimony and a Deluge of US Supply on Tap

Overview: In the absence of fresh developments, the dollar is consolidating in narrow ranges today against the G10 currencies and enjoys as slight upward bias against most emerging market currencies but for a few currencies from the Asia Pacific region. With practically an empty US data calendar, Fed Chair Powell's testimony with be the highlight, and a soft headline CPI on Thursday anticipated. The US two-year premium over Germany has fallen from...

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EURUSD Technical Analysis – The market consolidates after the soft US NFP report

#eurusd #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the EURUSD 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. 2:13 Upcoming Economic Data....

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