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.

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.

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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.

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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?

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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.

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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...

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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...

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Gold Technical Analysis

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

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EURUSD hits downside swing area target low and bounces.

The 1.0484 level stalls the fall in the EURUSD. Back above 1.0500.

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USDJPY buyers continue the push to the upside.

USDJPY price breaks above topside trend line on the daily chart at 149.29. Now close risk for buyers

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NVIDIA skimming the 100 day MA over the last 5 trading days. Can buyers hold support?

Risk is defined and limited against the 100 day MA. Stay above keeps the buyers in control.

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USDCAD makes it to the key cluster of resistance at 50% & 100/200 bar MAs on 4-hour chart

The resistance stalled the rally, and the price has rotated back to the swing area/38.2% retracement

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AUDUSD tests the swing area extreme and finds dip buyers

Traders will be watching 0.63874 for close resistance now. Hold below and breaking out of the 6 week range will be eyed.

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Kickstart your FX trading on September 27 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 27 trading.

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Firmer Bonds and Stocks, but the Dollar Presses Ahead

Overview: The S&P 500 hit three-month lows yesterday, while the Conference Board's measure of consumer confidence fell to a four-month low. New home sales fell to their lowest level in five years. The US federal government appears headed for a partial shutdown on October 1. Still, the greenback rides high. It is extending its gains against several G10 currencies, including the euro and sterling. The Swiss franc is moving lower for the 12th...

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WTI Crude Oil Technical Analysis

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

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A technical look at the major US stock indices.

In this video, I take a technical look at the 3 major indices.

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EURUSD stalls against key resistance at session highs and rotates back down. What next?

The 1.0610 to 1.0616 area stalls the rally and now looks toward the day lows. Sellers remain in full control.

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USDCHF keeps its bulish run, but it pushing toward key retracement resistance.

The USDCHF is looking to test the key 38.2% retracement level on the daily chart at 0.9162 area

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The AUDUSD technical story remains the same, with a negative tilt.

The AUDUSD remains below 100/200 bar MA on the 4-hour chart.

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Kickstart your FX trading on September 26 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 26 trading.

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