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.

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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USDCHF tests a cluster of support as buyers take profit. Can support area hold?

The USDCHF is testing iss100 hour MA, swing level and 38.2% on the daily chart above and below 0.9020 area.

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Kickstart the FX day for March 28 with a technical look at the EURUSD, USDJPY and GBPUSD

Discover the Bias, Risks, and Targets for Major Currency Pairs - EURUSD, USDJPY, GBPUSD

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Waller Pushes on Open Door: Push for Patience Lifts the Dollar, Complicating Japanese Efforts

Overview: Comments by Fed Governor Waller, urging patience on rates and wanting more evidence that price pressures are moderating has helped the greenback extend its recent gains. The yen is the notable exception as the fear of intervention has restrained the dollar bulls. Poor German data, including a sharp 1.9% drop in February retail sales, the fourth consecutive monthly decline, underscored the euro's negative divergence, and the single...

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EURUSD Technical Analysis – Watch what happens at this key support zone

#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. ------------------------------------------------------------------------------------ Website: https://www.forexlive.com/ Twitter: https://twitter.com/ForexLive Facebook: https://www.facebook.com/forexlive/...

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Bitcoin makes a new high, and them makes a new low for the day. What next?

Volatile up and down trading as buyers and sellers push prices around.

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AUDUSD sellers pushed below trend line support but failed in what is an up and down day

The price action in the AUDUSD has been up and down today, with the lows trying to break below a lower upward sloping trend line. Those breaks have failed keeping the buyers in play.

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USDCAD backs off from ceiling area again

The ceiling going back to November/December 2023 and over the last 5 weeks at 1.36049 to 1.35269 Staying below, keeps the sellers in play (and in short term control too).

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USDCHF continues its run to the upside as the buyers keep the momentum going

The USDCHF runs away from its 38.2% retracement of the move down from the 2022 high at 0.90254.

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Kickstart the FX trading day for March 27 w/a technical look at EURUSD, USDJPY and GBPUSD

The morning technical review of the 3 major currency pairs for March 27, 2024

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