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.

After Limited Follow-Through Selling, the Dollar has Come Back Bid

Overview: Three of the G10 currencies rose by more than 1% against the US dollar yesterday after the softer inflation and weak retail sales readings. The Dollar Index lost almost 0.65% yesterday, the most this year. Among emerging market currencies, only the Mexican and Chilean pesos rose by at least 1%. After extending its losses against most of the major pairs, the dollar has come back bid. Only the yen and Swiss franc are firmer on the day. The...

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EURUSD Technical Analysis – Is the 1.10 handle the next target?

#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. 0:43 Technical Analysis with Optimal Entries. 1:43 Upcoming Economic Data....

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NZDUSD runs higher as risk on flows send the pair to the upside. Lower yields. Higher stocks.

Lower Yields + Higher stocks = Buy NZDUSD

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Update technical look at the EURUSD as the price stretches to new session highs

What next for the EURUSD? Approaches the next swing area between 1.0875 and 1.0887

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AUDUSD runs higher, extending above the recent ceiling area. What next?

The next swing area is in play along with the 61.8% comes in between 0.66759 to 0.66896

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USDCAD bounces off the 38.2% and rebounds to new session highs. What next?

The USDCAD is back up and testing a swing area between 1.3654 and 1.3668

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USDCAD bounces off the 38.2% and rebounds to new session highs. What next?

The USDCAD is back up and testing a swing area between 1.3654 and 1.3668

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Kickstart the FX trading day for May 15 with a technical look at EURUSD, USDJPY & GBPUSD

What technical levels are driving the 3-major currency pairs

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Will USD be Bought on the Fact after Being Sold on Expectations of a Softer CPI?

Overview: The dollar is trading heavily against the G10 currencies and most of the currencies from emerging markets. The market expects softer US CPI (and retail sales) today. Any decline in the year-over-year core rate would put it at its lowest level since April 2021. Still, this has been anticipated, and the market seems vulnerable to "sell the rumor, buy the fact" type of activity. After all, the Fed will see another employment and...

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Gold Technical Analysis – All eyes on the US CPI report

#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. 0:37 Technical Analysis with Optimal Entries. 1:40 Upcoming Economic Data....

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AUDUSD down and back up. Trades above and below 50% midpoint of range since Dec. high

The 50% of the move down from the December high comes in at 0.66159. Key barometer going forward.

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The USDCAD found sellers near MAs on topside, and willing buyers against swing area below

The trading range between 1.3628 and 1.3692 is confining the ups and downs in the USDCAD.

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NZDUSD continues to trade between swing area below and 50% /200 day MA above.

Traders are waiting for the next shove higher or lower

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USDCHF spikes higher after US PPI, but retraces. The pair tests 100/200 hour MAs

Key MA targets for both the buyers and the sellers

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Kickstart the FX trading day for May 14 with a technical look at EURUSD, USDJPY and GBPUSD

The PPI data was hotter for the month but there were revisions lower last month

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Powell, PPI, and US Tariff Announcement on China Featured

Overview: The tone in the foreign exchange market today is mostly consolidative. The two notable exceptions are the yen and yuan. Despite higher JGBs yields amid speculation that the BOJ will scale back bond purchases, as it did yesterday, to support the yen, the greenback is at its best level since the suspected intervention. The next important technical area is near JPY157.00. The US is set to announce a new set of tariffs on a wide range of...

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USDJPY Technical Analysis – All eyes on the US inflation figures

#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. 1:43 Upcoming Economic Data....

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NZDUSD stays below its key 200 day MA and 50% retracement target. Sellers stay in play.

The 200-day moving average and 50% retracement comes between 0.6033 and 0.6035

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EURUSD buyers and sellers toying with the support and resistance targets

200-day MA and 50% retracement is support. Swing area remains as resistance.

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USDCAD trades higher and lower with shorter term technical levels doing their jobs

Traders awaiting the next shove for the currency pair

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