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.

The EURUSD bounced off a swing area support and is back testing retracement targets

Buyers responded. Will the sellers reenter on the bounce

Read More »

AUDUSD sellers had their shot(s) today and they missed.Sellers turned to buyers.What next?

The AUDUSD sellers had their shot below its 38.2% retracement at 0.65791, but could not sustain momentum. What next?

Read More »

USDCAD extends toward May’s high and found willing sellers. What next?

The sellers near the May high has put a temporary topside limit for the time being.

Read More »

USDCHF tradeS up and down today and bottoms near corrective low from Friday

The high today stalled ahead of the 200-hour MA and the 38.2% between 0.89829 and 0.89863

Read More »

Kickstart the FX trading day w/a technical look at the EURUSD, USDJPY and GBPUSD

The EURUSD is sharply lower on the back of political uncertainty

Read More »

Euro Sold After EU Parliament Elections and Macron’s Gambit

Overview:  With mixed elements, the market took the US jobs data as relatively strong and took the dollar and US rates higher. The EU Parliament election has shaken up European politics, with the Belgium government collapsing and French President Macron calling a snap legislative election for the end of the month. Holidays in China, Hong Kong, Taiwan, and Australia made for thinner Asia Pacific trading, but the euro was sold and has reached to...

Read More »

Gold Technical Analysis – The price is near a key support zone

#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. 1:07 Technical Analysis with Optimal Entries. 2:35 Upcoming Economic Data....

Read More »

EURUSD technical analysis



Read More »

Week Ahead: FOMC, BOJ, and US and China Inflation

The market got caught leaning the wrong way. The weakness in April's high-frequency US data encouraged participants to push the US two-year yield to its recent floor near 4.70% and took the 10-year yield to two-month lows, slightly above 4.25%.

Read More »

AUDUSD is one of the weakest of the major currencies as USD moves higher/commodities lower

The AUDUSD is testing a key 38.2% retracement.

Read More »

Canada jobs report comes in as expected. US jobs the focus and sends USDCAD higher on day.

The USDCAD is testing high for the week and highs from the last few weeks up to 1.3742

Read More »

Kickstart the FX trading day for June 7 w/a technical look at the EURUSD, USDJPY & GBPUSD

What technicals are driving the major currency pairs after the stronger-than-expected US jobs report?

Read More »

EURO USD TECHNICAL ANALYSIS – EURUSD 1.08998 ▲ +0.11% April 18 2021 bulls are looking good



Read More »

The Dollar Remains Soft Ahead of the Employment Report

Overview: The dollar is little changed against the major currencies ahead of the US jobs report. It has been trading heavier than we expected given that two more G10 central banks cut interest rates ahead of the Federal Reserve.

Read More »

EURUSD Technical Analysis – The greenback remains on the backfoot

#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. 1:05 Technical Analysis with Optimal Entries. 2:54 Upcoming Economic Data....

Read More »

USDCAD keeps a bullish bias above MA support,but there is more work to do to increase bias

Buyers in control above 100/200 bar MAs on the 4-hour chart

Read More »

The NZDUSD extends to key ceiling target today and finds sellers

The 61.8% retracement of the trading range since December at 0.61706 is support now

Read More »

USDCHF technicals are controlled by the 100/200 day MA and key retracement level

The 38.2% and 200 day MA at 0.8883 area. The 100 day MA at 0.89358

Read More »

Kickstart the FX trading day for June 6 w/a technical look at the EURUSD, USDJPY & GBPUSD

What is moving the market technically for the 3 major currency pairs after the ECB rate cut?

Read More »

The Euro Remains Firm Ahead of the First Time the ECB will Cut Rates Before the Federal Reserve

Overview: The dollar is mostly softer today, ahead of tomorrow's employment report. The ECB meeting and President Lagarde's press conference are main events today. There is little doubt that it will cut rates today and do so ahead of the Federal Reserve for the first time. The ECB's forward guidance may be the key to the market's reaction. That said, the euro is in the upper end of its recent range, near $1.09. The Mexican peso, which was crushed...

Read More »