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.

AUDUSD ending an up and down and up and down month near the midpoint level.

The 50% midpoint of the price action this month comes in at 0.65028. The price of the AUDUSD is trading within a few pips of that level today.

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The USDCAD buyers take charge. Can they hold control now?

Traders today will watch the 38.2% retracement of the move down from the April high at 1.37134 support

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USDCHF stays below ceiling area. A move above 0.9156 is needed to increase bullish bias

The swing area between 0.91469 and 0.9156 continues to stall rallies in the USDCHF effects they go.

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Kickstart the FX trading day for April 30 w/ a technical look at EURUSD, USDJPY and GBPUSD

The USD is higher after the US employment cost index came in stronger. What are the technicals telling us now?

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Yen Retreats, while Stronger EMU GDP Underscores Nascent Recovery and Lifts the Euro

Overview:  Stronger than expected eurozone GDP strengthened the sense that a nascent recovery may be taking hold and has given the euro a bid in the European morning. The dollar, though, is enjoying a firmer tone against the other G10 currencies today. Australia's unexpected weakness in retail sales has weighed on the Antipodean currencies. The Aussie and Kiwi are off slightly more than 0.5% today. Japanese data were mixed (a recovery in industrial...

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USDJPY Technical Analysis – The buyers remain in control

#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. 1:26 Technical Analysis with Optimal Entries. 3:03 Upcoming Economic Data....

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EURUSD higher but with more work to do to increase the bullish bias

The swing area between 1.0722 to 1.07327 are topside targets

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NZDUSD buyers make a play.Trades above 50% retracement in trading today. More work to do.

The 50% of the April trading range stailed the rallies last week. Today, there has been a break but the price has traded above and below the MA as well. Can the buyers keep the momentum going?

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AUDUSD working on 7th day higher but 100 day MA stalls the rally at session highs.

The stall at the 100-day MA gives the sellers some hope that a corrective move lower is possible in the AUDUSD.

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USDCAD is hanging around the 50% midpoint as buyers and sellers await the next shove

The 50% midpoint comes in at 1.3661. The 100 hour MA at 1.36718 is resistance. On the downside, the 1.3631 is support followed by 1.3604 to 1.3621.

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USDCHF trades up & down and holds support at retracement target. Ceiling stalls the rally.

The 38.2% of the April trading ranges comes in at 0.90953. The ceiling comes in at 0.9145 to 0.9156.

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Kickstart your FX trading for April 29 w/ a technical look at the EURUSD , USDJPY & GBPUSD

The BOJ intervention in the USDJPY is the major story today in the 3 major currencies

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COUR stock earnings technical analysis – I am buying before earnings tonight, 29.04.2024



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Yen Dumps before It Jumps

Overview:  The FOMC meeting, the US employment report, and eurozone CPI were to be the highlights of the week, but the Japanese yen stole the march to start the week. The dollar soared to almost JPY160.20 before falling sharply to JPY154.55 and then rebounding to almost JPY156.00. Intervention has not been confirmed and BOJ data will not cover it until next month. On balance, it appears that most think it was algo-trading in thin markets given the...

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Gold Technical Analysis – The calm before the storm?

#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. 0:55 Technical Analysis with Optimal Entries. 2:19 Upcoming Economic Data....

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Why the yen is so weak and what’s next

The yen is in a terrible spot at the moment. It’s hitting fresh 34-year lows daily, including a 200 pip move on Friday. Adam Button from ForexLive spoke with BNNBloomberg about the outlook for the yen and the US dollar. LET'S CONNECT! Facebook ► / forexlive​ Twitter/X ► / @forexlive​ Homepage ► http://www.forexlive.com/

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Week Ahead: FOMC, US Jobs, EMU Inflation, JPY Pressure

The backing up of US rates did not lift the dollar broadly as it appeared to have done previously.  The dollar-bloc currencies, led by the Australian dollar, and sterling advanced last week, while the Swiss franc and Japanese yen were unable to find traction.  The Bank of Japan had an opportunity to have protested the yen's weakness more adamantly but did not do so.  Recognizing the role of interest rate differentials as an important driver, the...

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NZDUSD holds resistance against 50% retracement this week and rotates lower. What next?

The price moves lower into trend line and swing area support.

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The USD is moving higher vs the major currencies. What has it done to the technicals?

In this video, I take an updated look at the EURUSD, USDJPY, GBPUSD, USDCHF and USDCAD and update the technical views given the move higher in the USD.

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USDCHF trades up and down again today. Holds the 100 bar MA/retracement level

The support near the 0.9095 technical levels stalls the fall. The price is back near highs.

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