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.

The USDCAD is within swing levels in what is an up-and-down market for the pair.

For the USDCAD, in between swing areas between 1.3526/1.35429 and 1.3398/1.3414 are a number of MAs.

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The USDCHF is trading in a narrow range, but at some point the market price will break.

What levels in play for the USDCHF would need to be broken to kickstart a move in the currency pair?

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Kickstart your FX day for March 11 with a technical look at the EURUSD, USDJPY and GBPUSD

The technical levels for the major currency pairs to start the new trading week

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Japan’s Q4 23 Contraction Revised Away, Helping Keep Yen Bid

Overview: News that the Japanese economy expanded rather than contracted in Q4 23 has fanned expectations that rates could be as early as next week. This is helping keep the yen supported, though it remains in the pre-weekend range, albeit barely.

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Gold Technical Analysis – Looking for a dip-buying opportunity

#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. 0:45 Technical Analysis with Optimal Entries. 2:26 Upcoming Economic Data....

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Week Ahead: Will Firm Headline US CPI and a Recovery in Retail Sales Help the Dollar Recover?

When everything was said and done last week, the market did not change its mind. There was still a better than 90% chance that the Federal Reserve delivers its first rate cut in June. Fed Chair Powell told Congress that the central bank was not far from the level of confidence needed to cut rates.

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GBPUSD: A review of the key technical levels for GBPUSD heading into the new trading week

A technical look at the GBPUSD heading into the week starting March 11, 2024

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EURUSD: The buyers were in control this week. What levels are key going into the new week?

A technical look at the EURUSD heading into the week starting March 11, 2024

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What are the key technical levels for USDCHF as the week ends and look to next week?

What levels are in play for the USDCHF going into the new training week starting March 11?

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NZDUSD rises sharply but runs into resistance at the high for the year. What next?

The NZDUSD reached to the high for the year at 0.6217 and finds sellers waiting.

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AUDUSD had a strong week, w/the price reaching the 50% of range since Dec high. What next?

The AUDUSD moved above the 50% midpoint of the move down from the December high at 0.6656 but backed off. Buyers had a strong week and are happy taking some profits.

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Nasdaq technical analysis after the jobs report, 03 March 2024, watching 18825.

Watching 18825 as a possible end point for the long bull party, trade at your own risk and see ForexLive.com for other views

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USDCAD is lower on the day after US/Canada jobs reports but off low support target.

What technical levels are in play for the day and looking ahead to next week.

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Kickstart the trading day for March 8 w/a technical look at the EURUSD, USDJPY and GBPUSD

The US jobs report on the surface looked better but had signs of weakness as well

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Gold Technical Analysis – All eyes on the US NFP report

#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. 0:47 Technical Analysis with Optimal Entries....

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Kickstart the Asian/Pacific session with a technical look at the USDJPY, AUDUSD and NZDUSD

What technical levels are in play for the Asian Pacific major currency pairs?

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GBPUSD extends to 1.2800 target level. High reaches 1.2797.

The high from 2023 at 1.2827 is the next target

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AUDUSD continues its run to the upside and extends to the 38.2% retracement of move lower.

The AUDUSD continued its run to the upside started yesterday and in the process tests the 38.2% of the move down from the December high at 0.66059. Just above that is a swing area between 0.66124 and 0.6624 in play.

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USDCAD continues its fall today, but sellers find their match against the key 200 day MA

The USDCAD tests it 200-day moving average 1.34787 and finds some buyers. What next?

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Kickstart your FX trading for March 7 with a technical look at EURUSD, USDJPY and GBPUSD

The EURUSD is moving lower on the back of the ECB and the USDJPY is moving lower on the back of the BOJ.

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