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.

USDJPY tries to extend higher but has some resistance.What key levels would shift the bias

The USDJPYs 100 hour MA at 149.60 needs to be broken and stay broken to increase the bullish bias

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Fragile Stability Today after Yesterday’s Growth Scare Saw US Rates, Equities, and the Dollar Tumble

(Business travel disrupts the commentary for the next two days.  New monthly drops March 1.)  Overview: A growth scare, perhaps spurred by the Philadelphia Fed's non-manufacturing activity survey and the sharp drop in Conference Board's consumer confidence measure, sparked a sharp drop in US yields, a sell-off in US equities and a weaker US dollar. There is a fragile stability today. The greenback is firmer but mostly within yesterday's ranges...

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Gold Technical Analysis – The US stock market selloff weighs on gold

#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. 0:52 Technical Analysis with Optimal Entries. 2:02 Upcoming Catalysts...

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NZDUSD lower in trading with traders leaning against 100 hour MA and then the 200 hour MA

The 200-hour MA at 0.5723 is close resistance as the day ends and the new day begins.

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The buyers took more control earlier today, but the stretch higher stalled ahead of target

The good and the bad from the technicals in the price action for the EURUSD today.

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USDCAD makes a break higher and moves back above swing area/100 bar MA

USDCAD is back within the confines of the Red Box between 1.4268 and 1.4466.

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USDCHF making new lows for 2025, but working toward key support including 100 day MA

Seller in control, but the 100 day MA at 0.9000 and swing area between 0.8914 to 0.8923 is a key target area

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Bitcoin breaks lower and below a floor area between $90,742 to $92,092

Also trades below $90,000 and to new 2025 lows. Sellers make a play but find support buyers near key retracement level

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The EURUSD & GBPUSD are stretching to new highs to start the US session. USDJPY is up/down

The key technical levels in play for the three major currency pairs to kickstart the NA session

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US 10-year Yield Falls to New Low for the Year, while Dollar has Muted Reaction to Trump’s Affirmation of Tariffs on Canada and Mexico

Overview: The US 10-year yield has fallen to a new two-month low near 4.33% today, ahead of the $70 bln sale of five-year notes, following strong demand at the two-year floating note sale yesterday. The 200-day moving average is near 4.25%. The 10-year yield peaked in mid-January near 4.80%. The dollar initially rallied on President Trump's acknowledgement that tariffs on Mexico and Canada were still on track, though another official was quoted on...

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USDJPY Technical Analysis – the JPY remains supported amid risk-off sentiment

#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. 1:09 Technical Analysis with Optimal Entries. 2:14 Upcoming Catalysts...

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NZDUSD buyers are leaning against progressively higher technical levels. What next?

The 100 hour moving average stalled the fall in trading today.

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AUDUSD falling on risk-off sentiment.Price tests 200 hour MA level at 0.6346.

US stocks are lower leading to some risk off sentiment in the AUDUSD.

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USDCHF fell below a floor area and failed. Sellers had their shot. They missed.

The buyers back in control above the lower floor between 0.8965 and 0.89745. Topside resistance at 0.8997 to 0.9011.

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USDCAD is confined to a narrow range and waiting for the next shove

The USDCAD has seen the price action move above and below the 100/200 hour MAs with 1.4200 as the bottom support. Stay above is a tilt to the upside for the pair.

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Kickstart the FX trading for Feb 24 in NA w/ a technical look at EURUSD, USDJPY & GBPUSD

What is moving to start the new trading week?

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Greenback Trims Initial Losses: Reversal in the Making?

Overview: With Japanese markets closed for a national holiday, the dollar was offered in early turnover today, and its recent losses were initially extended against several currency pairs. However, it recovered and early losses were pared or reversed. Among the G10 currencies, the dollar is higher against the Swiss franc and Japanese yen. The German election results were very much in line with the polls and a CDU/CSU-SPD coalition seems likely, and...

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How everything could go right for the Canadian dollar

The Canadian dollar is facing risks from tariffs, trade, global growth, domestic housing, politics and energy. Plenty could go wrong but there is a brighter path that's possible too. Adam Button from ForexLive looks at the options in this interview with BNNBloomberg.

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Week Ahead: Tariffs Loom and the State of the Trump Trade

Many observers seem confused. They express disappointment that the so-called "Trump trade", a rally in the dollar has not materialized. Yet, in some ways, isn't that what happened from late last September, ironically around the Federal Reserve's 50 bp rate cut, around the time investors began taking US election polls more seriously? In Q4 24, the Federal Reserve's real broad trade weighted dollar index rose by 4.9%, the best quarterly...

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AUDUSD falls as risk-off sentiment and technical sellers push the pair lower

WIth US stocks sharply lower, risk-off flows are weakening the AUDUSD. Technically, the 38.2% retracement and falling 100 day MA helped to stall the rally at the highs today.

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