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 USDJPY is sharply lower today and so is the EURJPY and GBPJPY. What are charts saying?

What are the technicals telling us in the EURJPY and GBPJPY after sharp falls in trading today?

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USDCHF lower on the day and below 100 day MA, but remains above 200 day MA too

Buyers and sellers battle it out between the 100 and 200 day MAs

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The USDCAD buyers are shifting the bias to the upside today & ahead of the BOC decision

What would keep the bias in favor of the buyers today and going forward? What is needed to break the pair even more in the direction of the break?

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Kickstart the FX trading day for June 4 w/a technical look at EURUSD , USDJPY and GBPUSD

The EURUSD and GBPUSD will tire earlier in the day before rotating to the downside. The USDJPY is also lower after BOJ comments

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Dollar Recovers from Yesterday’s Slide, but Slumps Against the Yen

Overview: The dollar's losses scored after yesterday's disappointing ISM manufacturing report were extended initially in Asia Pacific turnover earlier today before it recovered. The recovery has stretched the intraday momentum indicators, warning against expected strong follow-through dollar buying in North America, without fresh impetus.

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USDJPY Technical Analysis – The weak ISM report weighed on the greenback

#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. 0:49 Technical Analysis with Optimal Entries. 2:31 Upcoming Economic Data....

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USDCAD trades higher after support targets held. BOC rate decision this week.

The USD is higher vs the CAD. That runs counter to the other currencies after the weaker ISM data today.

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USD weakens post US ISM data: Technical update on major currency pairs

The USD has moved lower after the weaker US I sent data and push the price's vs the major currencies to new levels. Some are breaking. Some have reached technical targets and found traders willing to lean against those levels. EURUSD0:13 USDJPY 2:30 GBPUSD 4:00 USDCHF 4:56 NZDUSD 5:48 AUDUSD 6:38

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Macro Conviction: Techniques to Ride the Wave | Sponsored by PU Prime

Join Adam Button, Chief Currency Analyst at ForexLive, in this webinar, "Macro Conviction: Techniques to Ride the Wave", sponsored by PU Prime and explore the importance of conviction in trading, emphasizing that belief alone isn't enough. Adam covers key principles like seeing the world as it is, predicting future trends, and maintaining positions despite challenges. Common trading traps such as fear, greed, and FOMO are discussed,...

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Kickstart the FX trading day for June 3 w/a technical look at the EURUSD, USDJPY & GBPUSD

The USD is lower vs the JPY but near unchanged vs the EUR and GBP in up and down trading.

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Election Results Lift India But Weigh on Mexico

The dollar has returned from the weekend with a better bid tone. It is firmer against all the G10 currencies but the yen, Swiss franc, and Swedish krona, which are marginally firmer. The market seems reluctant to extend the euro or Canadian dollar upticks ahead of the central bank meetings this week, though, ironically, sterling's 0.25% decline leads the major currencies. Election news is a key driver today.

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Crude Oil Technical Analysis – The price remains stuck in the range

#crudeoil #futures #technicalanalysis In this video you will learn about the latest fundamental developments for Crude Oil. 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. 0:31 Technical Analysis with Optimal Entries. 1:57 Upcoming Economic Data....

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June 2024 Monthly

There are two forces that shape the investment climate: politics and economics, and they are both at the fore in the coming weeks.Among the highlights will be the European Central Bank meeting that will mostly likely begin its easing cycle. The Bank of Canada is a close call. If it does not cut rates in June, it will probably do so in July. The Swiss National Bank may deliver its second hike in the cycle, while the Bank of England will likely...

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AUDUSD rotates lower and returns a cluster of technical levels between 0.6635 and 0.6647

What next for the AUDUSD as the trading week comes to a close.

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EURUSD sellers push the pair down to the 100/200 hour converged MAs. Stalls the fall.

The 100 and 200 hour MA was resistance yesterday. Today the price moved above the levels and pushed higher before correcting back to the MA levels. Key barometer for buyers and sellers.

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USDCAD trades down to tests swing area support and finds support buyers

The 100 bar moving out on the 4-hour chart is topside resistance at 1.36586

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USDCHF moves higher, and then lower after PCE data. Support near 0.9000

The gains for the day are erased after US PCE data today

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Kickstart the FX trading day for May 31 w/a technical look at EURUSD, USDJPY and GBPUSD

The USD is lower after US PCE data. What next after the USD decline.

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Japan Confirms Intervention, China’s PMI Disappoints, EMU CPI Firms, Ahead of US PCE Deflator

Overview: The dollar is mostly consolidating yesterday's losses ahead of month-end and the US income and consumption data. The PCE core deflator may have risen by 0.2%, the least this, year, but the year-over-year rate is expected to be steady at 2.8%. The dollar is recovering from a five-day low against the yen recorded yesterday near JPY156.40 and is near JPY157.30 in the late European morning turnover. The yen's retreat and a disappointing...

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USDJPY Technical Analysis – The path of least resistance remains to the upside

#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. 0:50 Technical Analysis with Optimal Entries. 2:19 Upcoming Economic Data....

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