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.

Bitcoin spikes higher on “Big things are coming” comment from influential Senator.

What next technically for the granddaddy of the digital currencies

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The USDCHF tested the 100 hour MA for the 2nd time this week and found willing sellers

The USDCHF 100 hour MA stalled the rally, keeping the seller in play and control. The 0.90507 adn 38.2% at 0.90209 are targets if the price can stay below the 100 hour MA

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The USDCAD remains in its up and down range, but with a modest bullish tilt

The price of the USDCAD is back above the 100/200 hour MAs today between 1.4382 to 1.43899. Stay above is a bullish tilt. Move below is a bearish tilt.

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Kickstart the FX trading day for Jan 23, w/ a technical look at the 3 major currency pairs

Kickstart the NA FX trading day with a technical look at the 3 major currency pairs.

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Foreign Exchange Market Becalmed (Momentarily?)

Overview:  After wild swings in recent days, there is a nervous calm in the foreign exchange market so far today. The US dollar is narrowly mixed against the G10 currencies and is +/- about 0.15%. The dollar bloc and Scandis are softer. Among emerging market currencies, central European currencies and the Mexican peso lead the advancers, while Asia Pacific currencies, including the Chinese yuan and Indian rupee are sporting softer profiles. It is...

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USDJPY Technical Analysis – Focus on the BoJ decision

#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. 1:18 Technical Analysis with Optimal Entries. 2:34 Upcoming Catalysts...

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Oracle continues its run to the upside. What now technically for the stock?

Yesterday, the price moved above its 100 day MA and 200 hour MA. That tilted the bias more to the upside technically and defined the risk for traders too.

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NZDUSD sellers defining the ceiling for the pair between 0.56837 and 0.56917.

If the price can stay below that key area, the sellers remain in play, while the buyers have work to do to take more control.

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AUDUSD runs into sellers near swing area/retracement target. Seller make a play.

Volatile price action in the AUDUSD finds willing sellers near swing area between 0.6287 to 0.6301

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The USDCAD remains within the “Red Box” that has confined/defined the range since mid-Dec.

A cluster of MAs dissect the Red Box near the middle of the range and is play today as a barometer for the buyers and sellers.

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Kickstart the FX trading day for Jan 22, w/ a technical look at the 3 major currency pairs

Kickstart the NA FX trading day with a technical look at the 3 major currency pairs.

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US Dollar Extends Losses after North America Faded Yesterday’s Tariff-Threat Induced Gains

Overview: The US tariff threat was extended to China and the EU yesterday but after the North American market shrugged it off yesterday, for the most part, the market seemed to take it in stride. It is too early to say the market is becoming immune to the rhetoric. Still, the dollar is mostly softer today. Ironically, despite high confidence of a BOJ rate hike on Friday, the yen is the only G10 currency is lower on the day as the North American...

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Gold Technical Analysis – We got a key breakout

#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. 0:37 Technical Analysis with Optimal Entries. 1:48 Upcoming Catalysts...

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Oracle share spike higher and tilt the bias to the upside.What keeps the buyers in control

The price is back above the 200-hour MA at $168.58. Stay above keeps the buyers in firm control

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A trade war just got a bit less likely

Adam Button from ForexLive spoke with BNNBloomberg on Trump's first day in office and spoke about some of the early takeaways. The first market move of Trump's second Presidency was: US dollar weakness. It was a sharp move on a report -- later confirmed -- that Trump won't be initiating any tariffs to begin his term. The main lesson in that -- and I think we've learned this before -- is that Trump's bark is worse than his bite. There was fear this...

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Bitcoin pushed back to the upside after correction stalls near 200 hour MA

What are the technical levels in play as the price stretches back to the upside?

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EURUSD bounces off swing area support and moves to a 50% retracement area.

Key resistance in the EURUSD near 1.04028 to 1.0405

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Volatility is the name of the game for AUDUSD but buyers held support near key MA support

The 100 hour MA stalled the fall in the AUDUSD, and the price bounced

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USDCHF follows the USD lower after holding resistance at a key MA level. What next?

WIth the price of the USDCHF below the 100/200 hour MAs, the sellers are more in control

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USDCAD swings wildly as Trump impacts the currency pair. What are the technicals saying?

The price of the USDCAD is back within the swing area What next? Find out in this video

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