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.

S&P index gaps lower today and below a trend line and moving average.Sellers make a play.

The sellers have moved the S&P below a upward sloping trend line and the 100 hour MA at 5198.39. Stay below is a tilt to the downside technically.

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USDCAD moves up and down with a modest bullish bias technically

The USDCAD traders are trying to find some consistent trend

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The USDCHF is rotating lower as the USD falls with stocks in early US trading

The US stocks are opening sharply lower, and that is pressuring the USD in early US trading on April 2, 2024. WHat next?

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Kickstart your FX trading with a technical look at the EURUSD, USDJPY and GBPUSD

The Kickstart video for the 3 major currency pairs for April 2, 2024

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Gold, Oil, and Interest Rates Rise

Overview:  The market put more weight on the rise in the US ISM manufacturing survey than the downward revision to the manufacturing PMI and the unexpected back-to-back decline in construction spending. US rates shot up and lifted the greenback. The Dollar Index made a new high for the year, a little above 105, which had been anticipated by the new lows recorded by the Bannockburn World Currency Index (a GDP-weighted basket of the currencies of...

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USDJPY Technical Analysis – Awaiting the breakout

#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. 1:47 Technical Analysis with Optimal Entries. 3:22 Upcoming Economic Data....

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NZDUSD hits fresh yearly low; sellers retain control



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The USDCAD moves higher & away from moving avg. support. Can the buyers keep up the momentum

The USDCAD runs away from 100/200 bar MA on the 4-hour chart

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AUDUSD moves lower on USD buying and falls back below a retracement level

The 61.8% retracement of the move up from the October 2022 low comes in at 0.64995. Staying below is more bearish

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USDCHF buyers are back in the drivers seat. Price moves back above the 38.2% retracement.

The 38.2% of the move down from the 2022 high comes in at 0.90252. Stay above keeps the buyers in play/short term control.

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The EURUSD is running lower and looks to test a swing area on the daily

The EURUSD is trading at the lowest levels since February 16

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The GBPUSD makes a break for it. Runs lower and outside value area for the pair.

GBPUSD falls below the 200-day MA

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The USDJPY runs higher as the market gets a shove from data

The USDJPY moves toward 2022-2024 highs

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China PMI is Better than Expected but the Greenback Still Rises above CNY7.23

Overview: The dollar is trading quietly against the G10 currencies as European markets remain on holiday. Narrow ranges have prevailed. The dollar-bloc currencies are leading with minor gains, perhaps helped on the margins by better-than-expected Chinese PMI, but the Scandis, which also typically do well amid a better global growth profile are the laggards. This may speak to the light liquidity conditions. Japan may have missed a tactical...

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Gold Technical Analysis – WATCH OUT for the data this week

#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. 0:36 Technical Analysis with Optimal Entries. 2:06 Upcoming Economic Data....

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Kickstart your FX trading week starting April 1 with a technical look at major pairs

A technical look at the major currencies vs the USD for the week starting April 1, 2024

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April 2024 Monthly

The macroeconomic and geopolitical developments have not changed substantially over the past month. The resilience of the US economy allows the Federal Reserve to put more emphasis on achieving price stability. While the market favors a June cut (66% vs. 80% at the end of February), it has not been fully discounted for over a month. The biggest event in March may have been the well-telegraphed exit from negative interest rate policy and Yield...

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USDJPY Technical Analysis – Waiting for a breakout

#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. 1:43 Technical Analysis with Optimal Entries. 3:08 Upcoming Economic Data....

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AUDUSD rebounds higher after dump lower runs out of steam and snaps back higher.

The price of AUDUSD fell below trend line support and ran lower but the NY session is seeing a snapback rally.

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USDCAD continues its ups and downs and returns to support.

The USDCAD traders are respecing both high and low targets

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