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.

Kickstart the FX day for June 13 with a technical look at the EURUSD, USDJPY and GBPUSD

The fundamental economic news has been on the dovish/soft side. The Fed was more hawkish (relatively).That has the major pairs in a quandary.

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Dollar Comes Back Bid

Overview: The dollar fell alongside US rates yesterday after the softer than expected CPI. The move on both rates and the dollar were pared after the FOMC meeting which held rates steady as widely expected, but the median dot now anticipated one cut this year rather than three. The dollar has recovered more ground today and is trading with a slightly firmer bias G10 currencies. However, trading is quiet and mostly narrow ranges have dominated....

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Gold Technical Analysis – The price whipsaws on US CPI and FOMC

#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. 0:33 Technical Analysis with Optimal Entries. 2:01 Upcoming Economic Data....

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AUDUSD runs higher and toward 2024 high and the 50% of the range since the 2023 high

The 50% and May high comes in at 0.67134. Key target on the topside for buyers and sellers

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EURUSD moves to a new high and extends to the next swing area. What next technically?

A swing area between 1.08538 and 1.08617 looms above. There may be some profit-taking against the area on the first look

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USDCAD falls on CPI data, but runs into technical support at the 100/200 bar MAs on 4-hour

The 100 and 200 bar MAs on the 4-hour chart are being tested at session lows. Key barometer in the short term for buyers and sellers in the USDCAD today and going forward.

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USDCHF falls after better CPI data, but finds support buyers at swing area lows

The swing area lows from last week came between 0.8880 and 0.88916. The low price today reached just above that level at 0.8892.

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Kickstart the FX trading day for June 12 w/a technical look at the EURUSD, USDJPY & GBPUSD

The tamer than expected CPI data has pushed the USD lower, stocks higher and yields lower ahead of the FOMC rate decision later today. What now for the key technical levels?

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EURUSD Technical Analysis – A look at the chart ahead of the US CPI

#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. 1:11 Technical Analysis with Optimal Entries. 2:44 Upcoming Economic Data....

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NZDUSD continues the corrective move higher today, but runs into moving average resistance

The 100 bar MA on the 4-hour chart comes in at 0.61363. Key barometer for the pair for buyers and sellers.

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EURUSD sellers are looking to take control. Stay below 1.07346 is now a more bearish tilt

The EURUSD is breaking below the 1.0722 to 1.07346 swing area. Staying below increases the sellers control.

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AUDUSD consolidates with buyers and sellers in play for control.

The sellers had their shot yesterday below the 38.2% retracement of the move up from the April low at 0.6579. They missed. Buyers only rebound fell short of its 200-bar moving out on the 4-hour chart at 0.66154.

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AUDUSD consolidates with buyers and sellers in play for control.

The sellers had their shot yesterday below the 38.2% retracement of the move up from the April low at 0.6579. They missed. Buyers only rebound fell short of its 200-bar moving out on the 4-hour chart at 0.66154.

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USDCAD buyers making a play. The swing area between 1.3784/1.3803 targeted next.

Buyers push to new highs in the USDCAD. with swing area target needed to be broken to open the upside more.

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USDCHF trades in a narrow trading range and awaits the next shove. Buyers making a play.

The USDCHF is trading above the 200 hour MA and looks toward the 38.2% retracement to prove the buyers mean business (or the minimum "business")

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Kickstart the FX trading day on June 11 w/a technical look at the EURUSD, USDJPY & GBPUSD

What is driving the technicals in the 3 major currency pairs in trading today? What to eye. What to react to?

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Greenback Remains Firm, Still Driest Towel on the Rack

Overview:  The US dollar is firm against all the G10 currencies, except for sterling, which is straddling unchanged levels after labor market report that showed an uptick earnings remain elevated, and the unemployment rate ticked up to a new high since September 2021. The dollar reached a new six-day high against the Japanese yen near JPY157.40. The Chinese yuan (onshore) fell to new lows since last November as the mainland markets re-opened from...

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Apple stock technical analysis for year 2024

Watch these key levels and get ready to take action if price gets there. Trade at your own risk. Visit www.ForexLive.com for additional views.

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GBPUSD Technical Analysis – The US jobs data gave the greenback a boost

#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. 1:05 Technical Analysis with Optimal Entries. 2:54 Upcoming Economic Data....

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