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.

Buyers and sellers struggle with the ups and downs in the USDCHF trading today

The USDCHF is mired in up and down choppy trading today

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USDCAD trades to new session highs as buyers look to take more control

The price is back above a cluster of Moving averages in the USDCAD. Bullish shift.

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Kickstart the FX trading day for May 29 w/a technical look at the EURUSD, USDJPY & GBPUSD

Choppy trading conditions dominate as traders struggle with direction today

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Stocks and Bonds Retreat; Greenback Extends Recovery but Little Changed Ahead of North American Session

Overview: Stocks and bonds are lower today, and the dollar is slightly firmer having extended yesterday's recovery. Most of the G10 currencies are lower, though the Japanese yen has recovered from after falling to its lowest level since May 1. Slightly softer than expected German states' CPI did the euro no favors. It was sold to a three-day low near $1.0830 before stabilizing. Sterling steadied after dipping briefly below $1.2750. Most emerging...

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Gold Technical Analysis – The bias remains bearish

#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. 0:24 Technical Analysis with Optimal Entries. 1:32 Upcoming Economic Data....

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EURUSD backs off from swing area today & moves toward hourly MAs. Those are the key levels

The 100 hour MA at 1.08519 and 200 hour MA at 1.08437 are targets

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An updated technical look at the GBPUSD. The technical levels/roadmap is clear to see.

Do you see the levels in play and know why? I will show you in this video.

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AUDUSD buyers leaning against the 200 hour MA at 0.6653. Close support for traders today

On the topside the AUDUSD has close swing area resistance between 0.6676 to 0.6689.

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USDCAD defines the technical support and resistance bookends

The USDCAD moved lower after PPI data, but found support buyers against swing area support. The subsequent rise to the price up to its 200 hour moving average, where sellers entered. Support and resistance is now defined. What next?

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USDCHF trends lower today, but finds buyers near swing area target. What now?

Sellers are making a play in the USDCHF after highs last week could break any higher.

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Kickstart the trading day for May 28 w/a technical look at the EURUSD, USDJPY and GBPUSD.

The USD is lower with the EURUSD and GBPUSD stretching to the upside in early US trading

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The Greenback is Mostly Softer

Overview: The dollar initially extended its pre-weekend and yesterday's heavier tone before finding a better bid in the European morning. Still, as North American dealers return to their posts the dollar is still mostly softer against the G10 currencies, but it is little changed to slightly firmer against the Japanese yen. Most emerging market currencies are firmer, but the South African rand is softer ahead of their election, the Mexican peso is...

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USDJPY Technical Analysis – The bullish bias remains intact

#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. 0:45 Technical Analysis with Optimal Entries. 2:01 Upcoming Economic Data....

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Holiday Overview: The State of Play

FX:  The dollar traded mostly higher last week.  I suspect more near-term gains, but I am less convinced than I was a week ago.  Given the FOMC minutes and more recent commentary from Fed officials, I suspect the market is exaggerating the chances of two cuts this year.  That had been my leaning too, but I think the recent resilience of the labor market and sticky inflation has shifted the views at the Fed.  The...

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EURUSD Technical Analysis

#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. 0:35 Technical Analysis with Optimal Entries. 2:00 Upcoming Economic Data....

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Week Ahead: Near-Term Dollar Outlook Less Clear than a Week Ago

Stronger than expected data and hawkish FOMC minutes helped lift US rates and the greenback last week. That market continues to also reduce the extend of ECB easing this year is notable but did not prevent the euro from snapping a five-week advance. The 10-year Japanese government bond yield rose above 1% last week for the first time since 2012, but the US dollar traded above JPY157 for the first time since the BOJ is believed to have intervened...

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NZDUSD trades in a narrow trading range this week. Will the new week lead to a break?

NZDUSD buyers more in control, for now at least

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The USDCHF is higher on the week but moved to an old ceiling and stalled. What next?

The USDCHF moved to the high of an old ceiling at 0.9156, but stalled. Sellers leaned. However, close support comes in at 0.9133 (a retracement). Those levels will be close support and resistance to start the new trading week.

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The EURUSD has rotated higher into the week close. What next? Can the buyers keep control?

The EURUSD is above its 100/200 hour MAs. Those MAs are a key barometer area today and going into the new trading week

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GBPUSD looks to close the week w/ more upside momentum.Sellers had their shot and missed.

The 200 hour MA held support and turned the momentum to the upside

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