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.

Why April 2nd will be a watershed for markets

In one sense, US President Donald Trump seemingly has a winning communication formula by calling for reciprocal tariffs. What that means is -- whatever tariff rates a country charges the US, the US will hit back with. That makes sense to most people but it begins to fall apart in practice. For one, many countries aren't interested in US exports of things like farm goods or autos and already don't export those things to the US, so they're pointless....

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Week Ahead: New FOMC Projections; BOE, BOJ, and Riksbank Standpat, While SNB to Approach Zero -Bound (Again)

The architects of the new US foreign economic policy expected dollar appreciation to absorb some of the cost of US tariffs and expected some exporters to cut prices. Instead, the dollar has mostly fallen against the major currencies. Last week, the greenback recorded new lows for the year against the Chinese yuan, Mexican peso, euro, sterling, the Japanese yen, the Swedish krona, and Norwegian krone. Beijing acted forcefully against Walmart's...

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What technical levels are in play for the AUDUSD & NZDUSD heading into next weeks trading

The AUDUSD and the NZDUSD trading in a narrrow trading range this week What does it say for the respective pairs next week?

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The EURUSD is trading back near technical levels after the run higher stallse Video

Can the buyers keep the bias to the upside, or will the gains be retraced. I will go through the key technical levels in play and why in this video.

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Gold and the Mexican Peso Trade at New Highs, Sterling is Resilient in the Face of the Unexpected Contraction in January

Overview: The US dollar is mixed but the risk-appetites are finishing the week on an update. In the foreign exchange market, this is reflected in the dollar-bloc currencies leading the G10 higher, with the yen and Swiss franc the laggards. Japan's spring wage negotiation round is producing solid preliminary results, but a new funding scandal may weaken the minority government led by Prime Minister Ishida. Most emerging market currencies are also...

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USDJPY Technical Analysis – US Consumer Sentiment data in the spotlight

#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. 1:09 Technical Analysis with Optimal Entries. 2:23 Upcoming Catalysts...

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A Break in the Drama, Greenback Consolidates

Overview: There seems to be a nervous calm in the foreign exchange market as the dollar consolidates mostly inside yesterday's ranges, in largely uneventful turnover. In addition to the US steel and aluminum tariffs, and retaliatory moves by the EU, Canada, and China, the other big development this week is the effort to achieve a 30-day ceasefire in Ukraine. US-Russian officials meet today. Ahead of the talks, Russia reported captured a...

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Gold Technical Analysis – Eyes on the US PPI

#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. 0:33 Technical Analysis with Optimal Entries. 1:51 Upcoming Catalysts...

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The Bank of Canada rate decision up next. What technical levels ar in play now?

The USDCAD is hanging around the 100/200 hour MAs in neutral territory ahead of the rate decision

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What are the technicals driving EURUSD, USDJPY and GBPUSD at the start of the NA session

A preview of the trading day.

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Trade War Escalates, Bank of Canada to Cut Rates, US Reports February CPI and Sells $39 bln 10-Year Notes

Overview: The next phase of the evolving trade war that is both a cause and effect of strain in the traditional US alliance, in North America, Europe, and Asia Pacific has begun. The US has imposed 25% tariffs on imported steel and aluminum. Despite lobbying form various countries, no exemptions were announced. The EU quickly announced retaliation, but the measures do not go into effect for a month, which allows time for negotiations. The dollar is...

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USDJPY Technical Analysis – Focus on the US CPI

#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. 1:27 Technical Analysis with Optimal Entries. 2:37 Upcoming Catalysts...

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The technical levels in play for the 3 major currency pairs – the EURUSD, USDJPY & GBPUSD

The USD is lower vs the EUR and GBP to start the new trading day, but higher vs the JPY.

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German Political Consensus is Emerging, Helping to Extend the Euro’s Gains, While Japanese Data Disappointed

Overview: After stabilizing yesterday, and into today, news of political developments in Germany suggest movement toward an agreement on defense spending and sent the dollar lower. The euro unwound its losses since the election. The US interest rate premium over the eurozone continues to trend lower. Japan disappointed with weak real household spending and Q4 GDP was revised lower. While most G10 currencies are firmer against the dollar, the yen...

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Gold Technical Analysis – The focus is on the US CPI

#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. 1:51 Upcoming Catalysts...

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Apple Stock – one big picture view before the next earnings.

? Apple (AAPL) Stock Analysis ? AAPL pulled back ~13.5% from its all-time high till yesterday’s low. ? Key Support: $219–$215 (VWAP & prior breakout level) – could be tested around earnings till or on the next earnings on April 24, 2025. ? Local Resistance: $239–$240 – if price retraces, this could be a smart area for partial profit-taking before earnings. ? Watch the full analysis in the video and stay ahead of the markets! ? Like &...

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The USD is lower to start new trading week. What key level are in play to start the week.

Kickstart the trading week with a technical look at the EURUSD, USDJPY and GBPUSD

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Fragile Consolidation for Greenback to Start the New Week

Overview:  The on-again off-again US tariffs have raised the level of uncertainty and lack of visibility that itself has become a market factor. The dollar has begun the new week, which could see US steel and aluminum tariffs announced Wednesday, softer, but mostly consolidating within the pre-weekend range. Most of the G10 currencies are firmer, though we note the potential downside reversal in sterling. Norway's higher than expected CPI has...

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USDJPY Technical Analysis – All eyes on the US CPI

#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. 1:03 Technical Analysis with Optimal Entries. 1:58 Upcoming Catalysts...

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Week Ahead: US Growth Worries and Europe’s Fiscal Initiative Weaken American Exceptionalism’s Bull Case

The combination of continued growth concerns in the US and the fiscal/defense initiatives in Europe saw the dollar fall every day last week. The Atlanta Fed's GDP tracker says the US economy is contracting at an annualized rate of 2.4%, which seems exaggerated. After falling by about 50 bp in a seven-week slump, the US 10-year yield rose by about 15 basis points last week. Eurozone 10-year benchmark yields rose around 35 bp. The US premium on...

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