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 RBNZ rate decision sent the NZDUSD higher into swing area resistance. What next?

The correction lower in the NZDUSD has taken the price back to the 50% midpoint of the move down from the December 2023 high at 0.61096.

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USDCAD buyers looking to take more control. Need to get above 50%/200 bar MA on 4H chart.

Getting above the 1.36757 and staying above would increase the bullish bias

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USDCHF extends the trading range to the upside, but runs into swing area resistance

The topside swing area comes in between 0.9148 and 0.9156

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Kickstart the FX trading day for May 22 w/a technical look at the EURUSD, USDJPY & GBPUSD

What are the technicals saying for the 3 major currency pairs to start the US trading session

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UK CPI Disappoints

Overview: A hawkish hold by the Reserve Bank of New Zealand and a firmer than expected UK CPI reading have allowed the New Zealand dollar and sterling to show resilience in the face of the US dollar's broadly firmer tone. And even there, the Kiwi and pound have seen their early gains pared. The Swiss franc is the weakest of the G10 currencies today and has fallen to a new 12-month low against the euro. Emerging market currencies are mixed. Central...

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GBPUSD Technical Analysis – Hot UK CPI boosts the GBP

#gbpusd #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the GBPUSD 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. 0:48 Technical Analysis with Optimal Entries. 2:16 Upcoming Economic Data....

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USDCHF buyers are making a play. Can they keep the upside momentum going.

The USDCHF held support at the 100 bar MA on the 4-hour chart and then moved above the 50% at 0.9105.

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AUDUSD is trading up and down over the last week, but key support is holding. What next?

What to look for in the AUDUSD from a technical perspective and why.

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Buyers had their shot in the USDCAD after CPI, but could not get above key MA resistance.

The price of the USDCAD has rotated back down after the test of the 100 and 200 bar MA on the 4-hour chart failed.

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The RBNZ rate decision is ahead. What is the technical roadmap for traders?

The RBNZ is expected to keep rates unchanged

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Kickstart the FX trading day for May21 w/a technical look at the EURUSD, USDJPY and GBPUSD

The price action is limited but there are some key levels that could help your trading today. In the kickstart video, I take a look at 3 major currency pairs from a technical perspective - the EURUSD, USDJPY and GBPUSD.  What is driving the pairs technically? What would either increase the bullish or bearish bias for each for traders today (and why)?

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USDCAD Technical Analysis – A look at the chart ahead of the Canadian CPI

#usdcad #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the USDCAD 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. 2:11 Upcoming Economic Data....

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Both the AUDUSD and NZDUSD are holding support near their 100 hour MA

Can the buyers hold close support and push the pairs back higher?

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Kickstart the FX trading day for May 20 w/ a technical look at EURUSD, USDJPY and GBPUSD

What is driving the 2 major currency pairs.

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Jump in Japanese Bond Yields Fails to Lift the Yen

Overview: The foreign exchange market is quiet. Most of the G10 currencies are +/- 0.1% against the dollar. The crash that took the of Iran's president and foreign minister may have helped lift gold to new record highs ($2450), the impact seems more muted, as poor weather rather than foul play, seems to be main narrative. July WTI reached nearly $80, its best level since May 1 but is hovering around unchanged levels (~$79.50). Canadian markets are...

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USDJPY Technical Analysis – The uptrend 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. 0:41 Technical Analysis with Optimal Entries. 1:49 Upcoming Economic Data....

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Week Ahead: After Rallying Since mid-April, are the G10 Currencies Tired?

The monthly cycle of central bank meetings and high-frequency data slow in the week ahead, though the UK and Canada report on prices and demand (retail sales). The highlight of the week may be the preliminary May PMI estimates. We play down its significance in the US because its strength seems to be an outlier and it is in expansion territory while the ISM not. The dollar has generally been trending lower, with the yen being the only exception...

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The USD is moving lower. How has the technicals helped in that decline?

An updated technical look at the EURUSD, USDJPY, GBPUSD, USDCHF and AUDUSD in this video review.

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USDCAD retraces gains on the day and tests swing area support ahead of 38.2 retracement.

What next for the pair as the week works toward the close

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