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 Price Forecast: Can XAUUSD Break the $4381 Record High?

Technical analysis of the 100-hour MA bounce and the next resistance targets at $4355 high close, and all-time intraday high at $4381.48

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AUDUSD Technical Analysis: Sellers Wrestle Back Control as Correction Deepens

Key resistance at 0.6644 caps the upside as sellers target the 0.6584 support cluster.

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USDCAD Technical Analysis: Buyers Break 100-Hour MA Resistance

Bias shifts to neutral as the pair trades between the 100-hour and 200-hour moving averages.

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EURUSD, USDJPY & GBPUSD Technical Analysis: USD Firmer into North American Session

Key technical levels for the Majors ahead of ECB, BoE, and BoJ rate decisions

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Ethereum Technical Analysis, is Ether futures going to $2565 ?

The technical series of events shows us the bears are not done yet. See where price might go and where the bulls may be back. In this video, I walk through a technical analysis of Ethereum futures, explaining why a break below the prior uptrend activated a bear flag and shifted control to the downside. I highlight the key channels, retests, and volume profile levels I am watching, and outline the scenarios that would confirm either further...

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EURJPY pulls back from record highs as sellers finally get something to lean against

After months of relentless gains, early technical cracks are emerging near historic territory

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EURUSD Technical Analysis: Failed Breakout at 1.1788 Warns of Buyer Fatigue

The uptrend remains intact, but sellers are defending the swing highs. Watch 1.1788 on the topside for selling clues. Watch 1.1746 for critical short term support.

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AUDUSD technicals: Pair consolidates near range highs as buyers and sellers battle key support

Price holds near the upper end of a multi-month range as traders watch for either a breakout or another failed rally

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USDINR Technical Analysis: Key breakout levels to watch at all-time highs

Fibonacci extensions map the path toward 92.00 and above after price breaches pivotal channel resistance.

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USDCAD sellers stay in control as price stalls below key moving average

Jobs and retail sales data trigger volatility, but technical resistance caps rebounds

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Forex technical view: FX majors set up ahead of US jobs, retail sales, and PMI data

As North America opens, EURUSD, USDJPY, and GBPUSD show key technical signals with nonfarm payrolls, retail sales, and flash PMIs in focus

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USDJPY technical outlook: price slips then rebounds back into a neutral range

Breaks on both sides of key 4-hour moving averages fail as traders await major U.S. and Japan catalysts

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NZDUSD Technicals: The pair is back below the 100 day MA after the failed break

The 100 day MA at 0.5800 was broken last week, but the price moved back below that key MA today.

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AUD/USD Technical Analysis: Buyers Defend Key Support, But Can They Break the Ceiling?

The Aussie dollar survives a scare at the 200-hour moving average, but a stubborn resistance zone is keeping the bulls in check.

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US stock indices weaken as key technical levels break

The Nasdaq is the hardest hit with Broadcom being the stock getting hurt the most

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USDCAD Technicals: Bias remains technically to the downside. Sellers remain in control

USDCAD remains in favor of sellers with BoC holding rates steady at 2.25% amid resilient economy. Inflation stabilizes with grocery bills showing spike. Technical bias points to further downside as sellers control rallies.

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The USD is lower to start the trading week. What is the roadmap fr traders today?

The week will include US employment, CPI, retail sales along with interest rate decisions from the Bank of England, ECB, and Bank of Japan.

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Gold Technical Analysis: Bulls Looking to Break the High of 4388

Gold is pushing higher and bulls are once again testing a key resistance zone near 4388. In this short technical breakdown, I walk through the current price structure, highlight the levels that matter most, and explain what needs to happen for a sustained breakout versus a rejection. This analysis focuses on: Key resistance and support zones Bullish continuation vs rejection scenarios What traders should watch if gold attempts a new high This is...

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Next Week: Six G-10 Central Banks Meet, But Only Two Move–BOE Cuts and BOJ Hikes

Encouraged by the Federal Reserve's rate cut and its T-bill purchases, the dollar was sold. The Dollar Index fell for the fourth week in the past five. Leaving aside the Bank of England, which will most likely cut rates in the week ahead, the easing cycle of most of the other G10 central banks appears …

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USDJPY weekly technical outlook: Price squeezed between key moving averages

After a volatile week, the pair settles near the midpoint, setting up a technical showdown for next week.

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