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.

AUDUSD falling on risk-off sentiment.Price tests 200 hour MA level at 0.6346.

US stocks are lower leading to some risk off sentiment in the AUDUSD.

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USDCHF fell below a floor area and failed. Sellers had their shot. They missed.

The buyers back in control above the lower floor between 0.8965 and 0.89745. Topside resistance at 0.8997 to 0.9011.

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USDCAD is confined to a narrow range and waiting for the next shove

The USDCAD has seen the price action move above and below the 100/200 hour MAs with 1.4200 as the bottom support. Stay above is a tilt to the upside for the pair.

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Kickstart the FX trading for Feb 24 in NA w/ a technical look at EURUSD, USDJPY & GBPUSD

What is moving to start the new trading week?

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Greenback Trims Initial Losses: Reversal in the Making?

Overview: With Japanese markets closed for a national holiday, the dollar was offered in early turnover today, and its recent losses were initially extended against several currency pairs. However, it recovered and early losses were pared or reversed. Among the G10 currencies, the dollar is higher against the Swiss franc and Japanese yen. The German election results were very much in line with the polls and a CDU/CSU-SPD coalition seems likely, and...

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How everything could go right for the Canadian dollar

The Canadian dollar is facing risks from tariffs, trade, global growth, domestic housing, politics and energy. Plenty could go wrong but there is a brighter path that's possible too. Adam Button from ForexLive looks at the options in this interview with BNNBloomberg.

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Week Ahead: Tariffs Loom and the State of the Trump Trade

Many observers seem confused. They express disappointment that the so-called "Trump trade", a rally in the dollar has not materialized. Yet, in some ways, isn't that what happened from late last September, ironically around the Federal Reserve's 50 bp rate cut, around the time investors began taking US election polls more seriously? In Q4 24, the Federal Reserve's real broad trade weighted dollar index rose by 4.9%, the best quarterly...

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AUDUSD falls as risk-off sentiment and technical sellers push the pair lower

WIth US stocks sharply lower, risk-off flows are weakening the AUDUSD. Technically, the 38.2% retracement and falling 100 day MA helped to stall the rally at the highs today.

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GBPUSD falls away from 100 day MA after breaks above fail. Buyers had their shot & missed.

The 100-day MA at 1.26599 was broken with a high reaching 1.2678. Momentum higher has faded.

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The USDCHF is holding swing area support. Buyers leaning and staying in play.

USDCHF maintains key support levels, triggering buy signals. Market sentiment bullish as buyers defend crucial swing area.

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USDCAD keeps a technical lid on the rebound. Sellers in control.

USDCAD struggles to break above key moving averages, with sellers dominating amid US dollar weakness. Canadian retail sales data weighs on pair, focus on key support levels for potential bounce.

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EURUSD buyers stall the fall at the 100 hour MA.That hold increases the levels importance

The EURUSD's 100 hour moving average was resistance on Wednesday, was broken yesterday, and was support today. Key level today and going forward.

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USDJPY bounces off the 50% midpoint target area. Is the bottom in place?

The 50% of the move up from the September 2024 low was tested at 149.22 today (low reached 149.27) and bounced. Is that the bottom for the USDJPY?

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EMU PMI Disappoints, US Snubs G20, and BOJ Threatens to Buy JGBs

Overview:  The US dollar enjoys a firmer tone today after falling to new two-month lows against several of the G10 currencies. The market lacks near-term conviction as the US tariff threat looms after next week. US Secretary of State Rubio and Treasury Secretary Bessent have not attended the G20 meetings in South Africa due to tension in the bilateral relationship but adds to sense of US unilateralism, which is often mischaracterized as...

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USDJPY Technical Analysis – JPY strength resumes as Treasury yields fall

#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. 1:08 Technical Analysis with Optimal Entries. 2:14 Upcoming Catalysts...

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USDCAD breaks below the 100 hour MA. Can the momentum lower continue?

Close risk for sellers on the break is now 1.4208 for traders looking for more downside in the USDCAD currency pair

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The USD is lower to start the US session. What are the technical telling traders now?

A technical look at the EURUSD, USDJPY and GBPUSD to kickstart the trading day.

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Yen Jumps amid Signs Tokyo Does Not Object to Normalizing Monetary Policy

Overview:  The dollar's gains scored in North America yesterday have been reversed today.  It is softer against all the G10 currencies, led by the Japanese yen.  The greenback was pushed below JPY150 for the first in a little over two months, ostensibly on the back of greater confidence that the BOJ will continue to hike rates, but if anything the swap market is slightly softer than yesterday. Still, the dollar does not look to have bottomed...

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Gold Technical Analysis – Lack of bearish news keeps the bulls in charge

#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. 0:36 Technical Analysis with Optimal Entries. 1:36 Upcoming Catalysts...

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EURUSD sellers push the pair to the support target at 1.0405 level. Key target for traders

The 1.0405 level in the EURUSD is the 200-hour MA and the 50% midpoint of the EURUSD range since the 2022 low

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