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.

USDCAD rotates lower today after sharp break higher last week took price to 2020 levels

The run to the upside last week extended above the high from 2020 at 1.3978. The rising 100-hour MA is a downside target at 1.40196.

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USDCHF is backing off highs going back to July and back below 61.8% retracement

The break above the 61.8% retracement of the move down from the May high at 0.88989 failed last week. The 100 hour MA is being tested.

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Fragile and Consolidative Tone Starts the Week in FX

Overview: The US dollar has begun the new week consolidating in a mixed fashion against the G10 currencies. Bank of Japan Governor Ueda remains circumspect and did not provide guidance about next month's central bank meeting. Without positive guidance, the market sold the yen, but the swaps market shows about 13 bp of tightening has been discounted, up a couple of basis points from a week ago. Leave aside the New Zealand dollar, which is also under...

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USDJPY Technical Analysis – The market looks fine with the current pricing

#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. 0:36 Technical Analysis with Optimal Entries. 1:35 Upcoming Catalysts...

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Is Berkshire Hathaway stock a buy or sell?

Find out my opinion on where a lucrative buy the dip zone is at.

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Is META stock a buy or sell?

My unique 'buy the dip' journal of how I plan to buy the dip at META if it gets to price levels that may well attract insititutions to buy, should Meta stock price gets to these prices. Planning ahead, patiently, for a 4 to 1 reward vs risk ratio.

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Week Ahead: Powerful Forces Rippling Through the Capital Markets Do Not Appear Exhausted

There are powerful forces in the capital markets, and they do not appear exhausted even if there is some near-term consolidation. The Dollar Index has risen for seven weeks, which is to say that it has not fallen on a weekly basis so far here in Q4. The US two-year yield has risen for the past four weeks and six of the past seven. It has surged from about 3.55% at the end of September to 4.38% last week. The US 10-year yield has fallen in only two...

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FX and Rates Unwind Yesterday’s Powell Effect, US Index Futures Slide

Overview:  The dollar bounced, and US rates rose yesterday afternoon in response to comments by Fed Chair Powell. But he did little more that reiterate what he had said at the recent press conference. Powell expressed a lack of urgency to move after having led the central bank in delivering a 50 bp cut to start the easing in September while indicating that direction of travel will be to a less restrictive rate. The dollar has come back lower today...

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Gold Technical Analysis – The correction looks to be over for now

#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. 0:48 Technical Analysis with Optimal Entries. 1:46 Upcoming Catalysts...

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AUDUSD trends down this week. What is need to turn the technicals around for the pair?

AUDUSD trends lower after US election rebound. Can buyers flip the script? Dive into the details here.

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USDJPY runs higher yesterday and continues the bullish bias

The USDJPY broke above a swing area between 154.54 to 155.21 yesterday and based against that area today. Bullish.

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The Dollar’s Surge Continues

Overview: The dollar's surge continues. Most G10 currencies are off 0.45%-0.65%. The US dollar is trading above CAD1.40 for the first time since the pandemic, but the Canadian dollar is faring the best of the G10 today (~-0.15%). Since US election, it is the only major currency not to have fallen by at least 2%. All the emerging market currencies are lower today, as well. The greenback is being underpinned by the continued rise in US rates and...

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USDJPY Technical Analysis – The market is sensing a change

#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. 0:44 Technical Analysis with Optimal Entries. 1:55 Upcoming Catalysts...

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GBPUSD moves below retracement level and runs to the next swing area target. What next?

GBPUSD falls below 61.8% retracement, testing support. Will buyers or sellers prevail? Target levels discussed.

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USDJPY is back up pushing topside resistance at 155.21

Get above the level is more bullish.

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EURUSD runs to a new low, bounces. Now can the sellers put a lid on the correction?

In the short term, the price of the EURUSD needs stay below 1.06005 (and maybe up to 1.0610). I tell you why in this video.

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Kickstart the FX trading day with a technical look after the CPI data

What levels are in play for the EURUSD, USDJPY and GBPUSD now

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Dollar Bulls Catch Breath

Overview: Surging US yields helped send the dollar higher but wobbled the stock market yesterday. A fragile consolidative tone has emerged today for the foreign currencies. The greenback remains mostly within yesterday's ranges. All but a few emerging market currencies are trading with a firmer bias. Beijing's weaker dollar fix may have been the first protest of the yuan's weakness since the election. The highlight of the North American session is...

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Gold Technical Analysis – It’s a make it or break it moment for gold

#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. 0:48 Technical Analysis with Optimal Entries. 2:08 Upcoming Catalysts...

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AUDUSD falls to swing area low target ahead of the extreme low from last week. What next?

The swing area comes in between 0.65357 and 0.65537

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