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.

Week Ahead: Politics, Economics, and the Yen

The relationship between interest rate expectations and the foreign exchange levels is more complicated than many textbooks or conventional wisdom allows. Australia's and Norway's central banks pushed against rate cuts this year, and their currencies were rewarded. The Reserve Bank of New Zealand said more or less the same thing, but investors are less sanguine and took the New Zealand dollar down as much as it took the Australian dollar higher....

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USDCAD bounces higher today but only to the 50% midpoint of the 2-month trading range

The 50% midpoint of the trading range since Mid-April comes in at 1.37173

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USDCAD bounces higher today but only to the 50% midpoint of the 2-month trading range

The 50% midpoint of the trading range since Mid-April comes in at 1.37173

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AUDUSD moves lower and tests converged 100/200 bar MAs on 4-hour chart at 0.6638

The 100/200 bar MA on the 4-hour chart is in the middle of the trading range confining the pair over the last 6-7 weeks. Key level today and going forward for the pair.

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USDCHF tests the highs for the week after the sharp rebound after the SNB rate cut

The SNB cut rates yesterday which weakened the CHF (higher USDCHF). The pair is approaching 100 bar moving averages on the 4-hour chart and daily chart at 0.8938 and 0.8965 respectively

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Kickstart the FX trading day for June 21 w/a technical look at the EURUSD, USDJPY & GBPUSD

What is driving the major currency pair - the EURUSD, USDJPY and GBPUSD - and why from a technical perspective is discussed in the kickstart video for June 21, 2024

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Computer Glitch–Brief Commentary

Thanks for your patience. See you tomorrow. Japan:  USD reached nearly JPY159.15, highest since late April.  US Treasury added Japan to fx watchlist after recent intervention. USD up past six consecutive sessions coming into today. Japanese rhetoric about fx escalates.  National CPI headline and core ticked up primarily utilities (electricity and gas). Excluding food and energy, CPI slowed to 2.1% from 2.4%. This was largely in line with the Tokyo...

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AUDUSD remains within the up and down value area

This week the AUDUSD has traded against lower swing area and higher swing area.

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USDCAD falls to a new low for week & tests 200 bar MA on 4-hour chart/38.2% retracement

The two technical levels come in at 1.3687

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USDCHF pushes higher after SNB rate cut. Technically, price is back above key levels.

The USDCHF is back above the broken 38.2% at 0.8883 and the 200 day MA at 0.88958.

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Kickstart the FX trading day for June 20 w/a technical look at the EURUSD, USDJPY & GBPUSD

The USDJPY is breaking higher. The EURUSD and GBPUSD sellers are more in control

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SNB Surprises the Market (Again)

The US dollar is trading higher against all the G10 currencies today but the Norwegian krone. Norway's central bank left policy on hold and warned that if the economy performs as expected, it does not anticipate a rate cut until next year.

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Gold Technical Analysis – The bullish momentum is picking up

#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. 2:33 Upcoming Economic Data....

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USDJPY Technical Analysis – The path of least resistance remains to the upside

#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. 1:34 Technical Analysis with Optimal Entries. 2:54 Upcoming Economic Data....

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Anticipating your trade: What are the key levels in in the GBPJPY & EURJPY?

The best traders anticipate the next trade. In this video I take a look at the GBPJPY and the EURJPY anticipating the key risk and buying defining levels for each pair and explain in full detail.

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NZDUSD reaches a cluster of MAs as the price snaps back higher

NZDUSD tests key moving averages after rebounding from Asian session lows

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AUDUSD rotates back above the 100/200 bar MA on the 4-hour chart. Shifts bias to buyers.

The AUDUSD has moved higher and in doing so, is back above the 100/200 bar MA on the 4-hour chart between 0.6631 and 0.635

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USDCAD trades higher and lower and is moving toward MA targets on 4-hour chart

The 100 and 200 bar MAs on the 4-hour chart in the USDCAD is down at 1.3683 to 1.3699

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USDCHF sellers making a break for it. Falls below & away from 200D MA/38.2% retracement

The 200 day MA at 0.8896 and 38.2% retracement 0.8883 is broken today. Pair tests the next target between 0.8819 and 0.8838

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Kickstart the FX trading day for June 18 w/a technical look at the EURUSD, USDJPY & GBPUSD

What technicals are driving the three major currency pairs in trading today?

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