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.

New Tariff Threat Fuels Turn Around Tuesday ahead of Tomorrow’s FOMC Decision

Overview: The US dollar recorded lows for the month against many of the major currencies yesterday but has come back bid today. We had anticipated some consolidation ahead of the conclusion of the FOMC meeting tomorrow, and the dollar's downside momentum faded. Yet, today’s gains have been fueled by new tariff threats. In particular, Bessent, the new Treasury Secretary, said to be a moderate, reportedly was advocated increasing a universal tariff...

Read More »

Gold Technical Analysis – Focus on the FOMC decision

#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. 0:40 Technical Analysis with Optimal Entries. 1:43 Upcoming Catalysts...

Read More »

The EURUSD moved up to swing area target in the early US session and found willing sellers

The pair is trading near the 1.0500 natural support level. What next?

Read More »

Sellers are making play in the AUDUSD. Can they keep the momentum to the downside going?

The AUDUSD is trading back below its 100-hour moving average of 0.6283. The swing area between 0.6287 and 0.63016 is also a key barometer for buyers and sellers.

Read More »

How has the DeepSeek news impacted the technicals driving shares of Nvidia?

I outline the key levels in play for Nvidia traders. AND explan why.

Read More »

USDCAD trades up and down and back up again in volatile trading

Traders are unsure of the driving force for the pair. It remains near the middle of the trading range.

Read More »

USDCHF breaks lower and extends below the 38.2% retracement. That is now key resistance.

The 50% target did stall the fall.

Read More »

What are the technicals driving the EURUSD, USDJPY and GBPUSD on January 27?

DeepSeek is the story (and tariff wars) sending yileds lower, stocks tumbling and the USD lower.

Read More »

DeepSeek Sends US Stocks Sharply Lower, Dragging Rates Down, while Resolution of Tiff with Colombia Weighs on the Dollar

Overview: There have been two significant developments that are rocking US equities and sending US yields sharply lower. First, Chinese-made AI has taken the world by storm. Apparently, DeepSeek is cheaper to build, consumes less energy, and is faster than the other AIs. There seems to be innovations outside of replication. The second is a brouhaha over Colombia's initial refusal to accept US military planes bringing back illegal immigrants. There...

Read More »

USDJPY Technical Analysis – We got stuck in a range

#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. 1:03 Technical Analysis with Optimal Entries. 2:07 Upcoming Catalysts...

Read More »

Week Ahead: Can the Dollar’s Downside Correction Withstand the Divergence of Policy?

US President Trump's tariff threats roiled the foreign exchange market at the start of last week, but by the end, the market seemed to have taken what many see increasingly as negotiating positions in stride. The dollar had topped out against several of the major currency pairs a week or so before the election as some participants began moving to the sidelines. We anticipated "buy the rumor, sell the fact" type of activity but thought the...

Read More »

The USDJPY stays in an up and down range. That leaves the door open for a break and run.

The 154.73 to 156.733 area has confined the USDJPY over the last week and a half. Look for a breakout next week.

Read More »

The GBPUSD is the biggest mover today with the run to the upside breaching key technicals

What next going into the new trading week for the GBPUSD

Read More »

The AUDUSD has moved above a key swing today & it gives buyers some control into new week.

The AUDUSD moved above the 38.2% of the move down from the end of November at 0.62902 and a swing area between 0.6287 and 0.6301. Stay above gives buyers some hope in the new week.

Read More »

The NZDUSD breaks above 38.2% retracement. What does it mean for next week’s trading.

The swing area and the 38.2% between 0.5683 to 0.56917 is key support next week. Stay above and more upside can explored.

Read More »

EURUSD extends to new highs after support held. What next for the pair?

The EURUSD broke higher today above the 61.8% and swing area between 1.0448 and 1.0461 and stayed above on the dip. Bulls are in control.

Read More »

USDCAD remains in the grasp of the up and down trading range this week.

The sellers are in control, but can they break out or will the short term bias shift once again?

Read More »

The USDCHF is down on the week, but finds support at the 38.2% retracement.

The USDCHF is finding resistance at the 100 hour MA.

Read More »

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.

Read More »

Dollar Slides

Overview: The US dollar is broadly lower. The tariff-threat inspired gains stalled and the BOJ rate hike and stronger PMI in Europe have dragged the greenback lower against all the G10 currencies and nearly all of the emerging market currencies. While the market remains vulnerable to pronouncements from Washington, and next week's policy divergence as the ECB, Bank of Canada, and probably Sweden's Riksbank cut interest rates while the Federal...

Read More »