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

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

2024-07-11

by

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

Read More »

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

2024-07-11

by

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

Read More »

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

2024-07-11

by

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

Read More »

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

2024-07-11

by

2024-07-11

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...

Read More »

USDJPY Technical Analysis – The bullish bias remains intact

2024-07-11

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. 0:48 Technical Analysis with Optimal Entries. 2:09 Upcoming Economic Data....

Read More »

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

2024-07-10

by

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

Read More »

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

2024-07-10

by

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

Read More »

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

2024-07-10

by

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

Read More »

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

2024-07-10

by

2024-07-10

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...

Read More »

Gold Technical Analysis – The bullish bias remains intact

2024-07-10

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

Read More »

USDJPY catches a bid and stretches the bullish bias

2024-07-09

by

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

Read More »

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

2024-07-09

by

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

Read More »

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

2024-07-09

by

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

Read More »

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

2024-07-09

by

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.

Read More »

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

2024-07-09

by

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

Read More »

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

2024-07-09

by

2024-07-09

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...

Read More »

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

2024-07-09

by

#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....

Read More »

NZDUSD reaches target resistance and backs off to 200 bar MA on 4-hour chart

2024-07-08

by

Close support and resistance tested in trading today in the NZDUSD

Read More »

Has the song remained the same for the technicals driving the GBPJPY trend move higher?

2024-07-08

by

The 100-hour MA did a good job attracting buyers today in the GBPJPY

Read More »

AUDUSD moves to next target level & finds sellers. Modest selling pushes to close support

2024-07-08

by

The AUDUSD has close support between 0.6728 and 0.6738 that is keeping the buyers in firm control. Resistance and 0.6760 did hold resistance on the test today.

Read More »