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.

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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Calmer Markets Ahead of the Weekend

Overview: The dollar is paring yesterday's advance that was spurred by the rise in US rates following the preliminary PMI, which reached its best level in two years. The survey also picked up higher prices. The dollar is in narrow trading ranges but softer against nearly all the G10 currencies today. The Swiss franc and Japanese yen are laggards. Despite a large disappointing miss on UK retail sales, sterling has steadied after falling yesterday...

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USDCHF’s price action stalled at a random spot, but it is the ceiling that has my interest

The ceiling area in the USDCHF comes in between 0.9146 to 0.9156

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The USD is moving up.How has that translated technically for USDCAD, EURUSD, USDJPY,GBPUSD

An updated technical looks at some of the major currency pairs as the USD moves higher

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AUDUSD continues to find support at the 50% point and 100 bar MA on 4-hour chart

The 0.6615 area is a key barometer for both buyers and sellers today and going forward

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Kickstart the FX trading day on May 23 w/a technical look at the EURUSD, USDJPY and GBPUSD

What is moving the three major currency pairs near the start of the US trading session?

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After Hawkish FOMC Minutes, the Dollar Comes Back Softer

Overview:  The dollar was aided yesterday by the hawkish FOMC minutes and the backing up of US rates. The greenback has stabilized today and is softer against all the G10 currencies. The stronger eurozone PMI masks divergence between Germany and France but keeps the recovery narrative intact. The dollar's broad gains pressured the yuan, and the PBOC's dollar reference rate was set at its highest since January. Favorable guidance by Nvidia is...

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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. 0:38 Technical Analysis with Optimal Entries. 1:54 Upcoming Economic Data....

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Yen on the edge | GBPJPY market dynamics | Market Outlook with Exness

By: Stanislav Bernukhov In this week's Exness Market Outlook we dissect the GBPJPY's precarious stance on the forex ice. Are we on the verge of a Yen resurgence? Our analysis takes a deep look at the latest technical signals, including the intriguing story the RSI Indicator is telling about possible oversold conditions. With Japanese bond yields nearing a crucial 1% mark, we explore the implications for carry trades and how this could bolster the...

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EURUSD move to new lows. Tests 100 day MA

Risk-focused traders lean against the 100-day MA at 1.08156. Low just reached 1.0817.

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