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.

NZDUSD: What technical levels are in play for the week starting October 2, 2023.

In this video, I take a look at the NZDUSD and outlines the key technical levels in play heading into the new trading week starting October 2, 2023.

Read More »

USDJPY: What technical levels are in play for the week starting October 2, 2023.

The USDJPY fell sharply earlier in the day and stalled at a cluster of support defined by the 200 hour MA and 50% retracement. What next? Find out in this video analysis.

Read More »

.EURUSD: What technical levels are in play for the week starting October 2, 2023.

The EURUSD is closing the trading week below the 200 hour MA and a cluster of resistance near 1.0610, but above the 100 hour MA at 1.05614. Those levels will be the barometers for buyers and sellers in the new trading week. Watch the video to prepare for the new trading week starting October 2, 2023.

Read More »

USDCAD snaps back higher and in the process is retesting 100/200 bar MA on 4-hour chart

The USDCADs 100/200 bar MAs on the 4-hour chart stalled the rally earlier this week. They are now being tested on a sharp run higher in the pair today.

Read More »

GBPUSD moves back down to test the 100 hour MA. Will buyers come in?

The GBPUSD buyers took the price above the 200 hour MA today for the 1st time since September 1, but failed. The rotation lower, sent the pair to retest its 100 hour moving average. That MA stalled the fall. What now?

Read More »

AUDUSD technical bias shifts to the upside today, but work to do to get outside “Red Box”

This week the sellers had their shot, but failed. Buyers took back control. In this video, I take a look at what needs to be done to take back more control for the buyers and break out to the upside.

Read More »

Kickstart your FX trading on September 29 w/ a technical look at EURUSD, USDJPY and GBPUSD

What technicals are driving the markets in the EURUSD, USDJPY and GBPUSD to start your Tuesday September 29 trading.

Read More »

Dollar Sets Back into Month- and Quarter-End Ahead of likely US Government Shutdown

Overview: The dollar's surge stalled yesterday, and follow-through selling has pressed it lower against all the G10 currencies today. The dollar-bloc and Scandis are leading the move. Month-end, quarter-end pressures, coupled with a likely partial shutdown of the government beginning Monday, and after key chart levels were approached or violated earlier this week, serving as a bit a cathartic event. The Swiss franc snapped a 12-day losing streak...

Read More »

USDJPY Technical Analysis

Here's a quick technical analysis on the USDJPY pair with some fundamental background. For more visit ForexLive.com

Read More »

Want to learn a little about “leaning” in your trading? In this video, I break it down.

The AUDJPY has some stout levels that traders have been "leaning" against. What does that look like?

Read More »

Is that the neckline of a head and shoulders being broken? It looks that way.

The EURCAD is breaking lower today and in the process is cracking below the neckline of a head and shoulder formation. Take a look and see for yourself. A technical look at the EURCAD

Read More »

USDCHF corrects lower after September run higher. Pair tests 100 hour MA

The USDCHF has been a bullish run in the month of September, but is retracing today. The 100 hour MA at 0.9142 is the next target on the downside.

Read More »

A technical look at the broader Nasdaq and S&P index, and follow up look at NVIDIA too

What are the technicals telling us in the broader stock indices and Nvidia

Read More »

EURGBP has a down and up trading day with the 200 hour MA in play on the topside

For the EURGBP, the 38.2% of the September range at 0.86359 is now support on the downside, while the 200 hour MA is topside resistance. Traders trade the technical levels.

Read More »

EURUSD extending higher and looks toward its 100 hour moving average

100 hour moving average is at 1.05783. Just above is the 38.2% retracement at 1.05823. Next key target for the buyers today if they are to take more control.

Read More »

AUDUSD failed on a break outside of “Red Box” to the downside. Sellers forced to cover.

What next for the AUDUSD after the failed break?

Read More »

Kickstart your FX trading on September 28 w/ a technical look at EURUSD, USDJPY and GBPUSD

What technicals are driving the markets in the EURUSD, USDJPY and GBPUSD to start your Tuesday September 28 trading.

Read More »

Looming US Government Shutdown Stems the Dollar’s Surge

Overview: The increasingly likely partial US federal government shutdown has spurred a bout of liquidation of long dollar positions. The psychologically important JPY150 level was approached, and the euro was sold through $1.05 yesterday, and the greenback has come back better offered today. It is lower against all the G10 currencies. It is mixed against the emerging market currency complex, with central European currencies and South African rand...

Read More »

Oil might gain | Market Outlook with Exnesss

The topic of oil takes center stage this week in Exness' Market Outlook. As a result of the Fed's statement last week, American light oil's price might rebound within the next few days, possibly re-testing the recent high around $92. Russian and Saudi Arabia's production cuts remain the main long-term narrative, with USA production also falling recently. Traders are also watching for clues on oil's direction early next week as the Chinese PMIs are...

Read More »

Gold Technical Analysis

Here's a quick technical analysis on Gold with some fundamental background. For more visit ForexLive.com

Read More »