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 finds willing sellers near week highs, moving averages and key swing area

The swing area at 0.9087 to 0.9098, and converged 100/200 bar MA on 4-hour chart at 0.9091 are topside resistance and a key barometer for buyers and sellers going forward.

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Kickstart the FX trading day for May 17 with a technical look at the EURUSD, USDJPY and GBPUSD

The USD is higher to start the day. What next for the Big 3 pairs

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The Dollar Continues To Recover

Overview: The dollar's recovery begun yesterday has extended into today's activity. The greenback is higher against all the G10 currencies and most emerging market currencies, but the Indian rupee and Mexican peso. The BOJ did not reduce its bond buying at today's operation and the market sold the yen on the news. After reaching JPY153.60 yesterday, the greenback is near JPY156 now. New initiatives to support the beleaguered property market was not...

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Gold Technical Analysis – New all-time high ahead?

#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. 0:29 Technical Analysis with Optimal Entries. 1:44 Upcoming Economic Data....

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EURUSD traders play the technical levels on the corrective move lower today. What next?

The 38.2-50% retracement of the move higher yesterday held support, but MAs on the 5 minute chart also stalled the bounce higher. Traders are battling it out.

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EURCHF is testing a key topside target area that you may want to know about.

What is so great about the area? In this video, I will show you why.

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NZDUSD corrects lower today, but buyers trying to resume more control

Correction lower today stayed above its 100-day moving average at 0.6078

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AUDUSD corrects to the downside today but stays above a support area

The AUDUSD has as swing area support at 0.6635 – 0.6648

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USDCAD rebounds in trading today. Moves back toward 100 hour MA near 1.3650.

The fall yesterday stalled at the 38.2% of the move up from the December 2023 low. That level needs to be broken to increase the bearish bias.

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USDCHF bounces higher after run lower yesterday failed on a break of a floor. What next?

A technical look for May 16 for the USDCHF.

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Kickstart the FX trading day for May 16 w/ a technical look at EURUSD, USDJPY and GBPUSD

The USD is higher in trading today after yesterday's sharp declines.

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After Limited Follow-Through Selling, the Dollar has Come Back Bid

Overview: Three of the G10 currencies rose by more than 1% against the US dollar yesterday after the softer inflation and weak retail sales readings. The Dollar Index lost almost 0.65% yesterday, the most this year. Among emerging market currencies, only the Mexican and Chilean pesos rose by at least 1%. After extending its losses against most of the major pairs, the dollar has come back bid. Only the yen and Swiss franc are firmer on the day. The...

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EURUSD Technical Analysis – Is the 1.10 handle the next target?

#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. 0:43 Technical Analysis with Optimal Entries. 1:43 Upcoming Economic Data....

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NZDUSD runs higher as risk on flows send the pair to the upside. Lower yields. Higher stocks.

Lower Yields + Higher stocks = Buy NZDUSD

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Update technical look at the EURUSD as the price stretches to new session highs

What next for the EURUSD? Approaches the next swing area between 1.0875 and 1.0887

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AUDUSD runs higher, extending above the recent ceiling area. What next?

The next swing area is in play along with the 61.8% comes in between 0.66759 to 0.66896

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USDCAD bounces off the 38.2% and rebounds to new session highs. What next?

The USDCAD is back up and testing a swing area between 1.3654 and 1.3668

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USDCAD bounces off the 38.2% and rebounds to new session highs. What next?

The USDCAD is back up and testing a swing area between 1.3654 and 1.3668

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Kickstart the FX trading day for May 15 with a technical look at EURUSD, USDJPY & GBPUSD

What technical levels are driving the 3-major currency pairs

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Will USD be Bought on the Fact after Being Sold on Expectations of a Softer CPI?

Overview: The dollar is trading heavily against the G10 currencies and most of the currencies from emerging markets. The market expects softer US CPI (and retail sales) today. Any decline in the year-over-year core rate would put it at its lowest level since April 2021. Still, this has been anticipated, and the market seems vulnerable to "sell the rumor, buy the fact" type of activity. After all, the Fed will see another employment and...

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