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.

Higher Australian CPI TODAY sent the AUDUSD higher, but the 200-day MA stalled the rally.

Swing area between 0.6476 to 0.6486 is now support. The 100-hour MA and 50% of the April range is between 200 -day MA above, and swing area below at 0.65028.

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USDCHF buyers try to keep the short term bias in their favor.

Staying above the 100/200 hour MAs will be a short term barometer for traders today.

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USDCAD moves higher helped by fundamental data/technical bounce.o

The price of the USDCAD found support at a key swing area and was then helped by weaker Canada data/strong US data.

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Kickstart your FX trading for April 24 with a technical look at EURUSD, USDJPY and GBPUSD

The USDJPY moves above 155.00 but backs off. Still above the 100 hour MA.. The EURUSD and the GBPUSD dis briefly break above the 38.2% of the April trading range, but could not sustain momentum.

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EURUSD Technical Analysis – WATCH what happens around this key resistance

#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. 1:20 Technical Analysis with Optimal Entries. 3:02 Upcoming Economic Data....

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USDCAD stretches to a key support target defined by a cluster of technical levels

A swing area, 100 bar MA on the 4-hour chart, and 50% of the April trading range is being tested.

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USDJPY increases the 100 hour MA as a key downside support target

Key barometer going forward near the 100-hour MA at 154.57 area. Resistance at 155.00.

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EURUSD has a cap near the 38.2% retracement, but buyers are pushing.

The 38.2% retracement of the April training range comes in at 1.0709

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NZDUSD extends to the upside on the back of a lower dollar today

The weaker data and lower yields has the NZDUSD pair moving above the close target resistance. Can the momentum continue?

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AUDUSD reacts to the weaker US data. Pair moves higher as yields move lower/stocks higher.

Lower yields and risk on flows sends the AUDUSD higher. Buyers take price above 38.2% of the April trading range

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The USDCHF is not doing much in trading today, but the buyers are trying to take control.

The USDCHF buyers are leaning against the 100-hour MA in early US trading. Are the buyers making a play?

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The USDCHF is not doing much in trading today, but the buyers are trying to take control

The buyers are trying to keep the price above the 100 hour MA. Can they keep the price above that MA level.

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Kickstart the FX trading day for April 23 w/a technical look at EURUSD, USDJPY and GBPUSD

What is driving the major currency pairs to start the trading day on April 23, 2024.

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USDJPY Technical Analysis – Key levels to watch for a pullback

#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. 1:44 Technical Analysis with Optimal Entries. 3:11 Upcoming Economic Data....

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Here is how I am buying the dip at TSLA stock, IMHO

🚀📉 Pre-Earnings Tesla Stock Dip Buying Strategy | The Levitan Method 📉🚀 Are you an equity trader on the hunt for the next big opportunity? 🧐 Well, you're in luck because I'm zooming in on Tesla (TSLA) stock before tomorrow's earnings report! 📊💸 Here's why you might want to gear up for a potential dip-buying entry point! 🎥 In this video, I break down: Tesla's wild stock ride 🎢 The intriguing technical setup with Pitchfork patterns 📈 My personal...

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Gold Technical Analysis – WATCH these key levels for the next direction

#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. 0:53 Technical Analysis with Optimal Entries. 2:46 Upcoming Economic Data....

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Bitcoin technical analysis, bulls looking fine



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The weekend FX technical report for the week starting April 22, 2024

In this video, I take a look at the major currencies vs the USD and outline the the bias, the risks, the targets for each.

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NZDUSD found swing area support this week and also swing area resistance.

Trades between swing areas as the trading week moves toward the close.

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USDCHF falls sharply and rebound sharply on Isreal’s retaliation. What next?

The USDCHF has upside resistance at 0.9095

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