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.
My articlesMy offerMy siteAbout meMy books
Follow on:LinkedINTwitterSeeking AlphaAmazon
Filter archive by: Show All Show only Articles Show only Videos

EURUSD is stuck in the mud. A 35-pip trading range begs for a range extension. ForexLive Video

2023-07-17

by

In this ForexLive video, we delve into the current trading dynamics of the EURUSD pair, which has been stuck in a tight 35-pip trading range. Despite recently reaching a new high not seen since February 2022, the pair's lack of significant movement begs the question of whether a range extension is imminent. Join us as we analyze the potential scenarios for the pair, discuss key technical levels to watch, and provide insights into possible trading...

Read More »

USDJPY rebounds to 100 hour MA and swing area. Shows some signs of buying interest.

2023-07-17

by

Join us as we analyze the recent price action of USDJPY, which has rebounded and is currently testing the key 100-hour moving average (MA) at 138.83. Additionally, the swing area up to 139.00 is identified as the next target for the pair. In this video, we discuss the potential implications of this rebound, highlight the importance of the 100-hour MA, and provide insights into potential buying interest in USDJPY.

Read More »

Euro Edges Higher

2023-07-17

by

2023-07-17

Overview:  The US dollar has mostly steadied at the start of the week after last week's sharp losses. The yen, euro, and Swiss franc are enjoying a firmer tone, but only the euro has thus far extended last week's gains, and then, only marginally. Uninspiring data from China pressed the yuan lower, while the firm euro is helping the central European currencies. A typhoon shut Hong Kong markets and Japan's markets were closed for a national holiday....

Read More »

Part two of transforming your home office with Adam as he reveals his secret to success!

2023-07-17

by



Read More »

S&P 500 Technical Analysis

2023-07-17

by

Here's a quick technical analysis on the S&P 500 with some fundamental background. For more visit ForexLive.com

Read More »

Week Ahead: For the Millionth Time, Markets Exaggerate

2023-07-15

by

2023-07-15

After experiencing one of its worst weeks of the year, the US dollar is stretched from a technical point of view while the short-term interest rate adjustment has gone as far as it can without resurrecting ideas of a Fed rate cut this year. Given the lighter economic calendar in the coming days, we suspect that the greenback may consolidate ahead of the FOMC meeting that concludes on July 26. The derivatives market shows that a quarter-point hike...

Read More »

WTI crude oil futures settle at $75.42. What are the technicals saying going into the new week.

2023-07-14

by

The price of crude oil is settling down -$1.47 or -1.91%, after finding resistance at a key daily MA on Thursday and ang on Friday. What did that do to to the technical picture going into the new trading week.

Read More »

The USDCAD turns more neutral technically heading into the new trading week

2023-07-14

by

For the week starting July 17, the USDCAD is more neutral at least in the short term The price is back above the 100 hour MA and the 38.2%. Both tilt the bias a little more to the upside if they can hold. On the topside the 200 hour MA still looms as resistance.

Read More »

The USDCHF made a break to the lowest level since January 2015 this week. That’s important

2023-07-14

by

The USDCHF fell sharply this week. The fall took the price below 0.87568 the lowest level in over 8 years. What next going into the new trading week for the pair?

Read More »

AUDUSD comes off the boil (to the upside) and corrects lower today

2023-07-14

by

The AUDUSD tested the 61.8% and the swing high from June, but found sellers.

Read More »

USDCAD corrects to the upside toward the falling 100 hour MA. What next?

2023-07-14

by

USDCAD corrects to the upside toward the falling 100 hour MA. Earlier, the price of the USDCAD moved back above the 50% midpoint of the move up from the October 2021 low at 1.3132. That level is now key support again.

Read More »

USDJPY corrects higher to broken 38.2% retracement level at 139.176. Battles is on now.

2023-07-14

by

The USDJPY bottoms near the 50% retracement of the move up from the March 2023 low, and the 200 day moving average

Read More »

GBPUSD trades lower today after strong gains this week

2023-07-14

by

GBPUSD consolidates just under the low of a target on the daily chart near 1.31465.

Read More »

EURUSD consolidates strong gains this week.

2023-07-14

by

In this analysis, we examine the EURUSD's impressive performance this week, consolidating substantial gains. The pair have recorded a 2.3% increase, marking the largest weekly gain since November 2022. Join us as we delve into the factors driving this significant rise, explore key technical levels, and discuss the implications for traders.

Read More »

After Dramatic Week, Capital Markets are Stabilizing

2023-07-14

by

2023-07-14

Overview: After tumbling headlong this week, the dollar appears to be broadly consolidating ahead of the weekend Among the G10 currencies, the Canadian dollar's 1.2% gain is the least and it made new 10-month highs earlier today The beleaguered Scandis soared The Norwegian krone's 6.6% advance followed by the Swedish krona's 5.8% surge led the major currencies The Dollar Index is off about 2.4% this week ahead of the North American session It is...

Read More »

Part 1 of transforming your #homeoffice with the power of little details #wfh #workfromhome

2023-07-14

by



Read More »

USDCAD Technical Analysis

2023-07-14

by

Here's a quick technical analysis on USDCAD with some fundamental background. For more visti ForexLive.com

Read More »

AUDUSD approaches its highest level going to February 2023

2023-07-13

by

Join us as we examine the AUDUSD's impressive rally this week, propelling the pair towards its highest level since February 2023. With a gain of 2.9% in the pair, the AUDUSD is testing critical levels, including the 61.8% retracement of the 2023 range and the June 2023 high range between 0.68899 and 0.68989. A successful break above and sustained stay above these levels would further solidify the buyers' control. In this video, we delve into the...

Read More »

USDCAD makes new 2023 lows (low going back to Sep 2022). What keeps the sellers in control?

2023-07-13

by

Join us as we analyze the recent price action of USDCAD, which has reached new lows not seen since September 2022. The sellers continue to dominate the pair, but what factors are keeping them in control? In this video, we explore the key technical levels, resistance areas, and market dynamics that contribute to the ongoing selling pressure. Watch the video to gain insights into the forces influencing USDCAD and understand why the close...

Read More »

The USD is moving to new lows vs major currencies

2023-07-13

by

In this analysis, we examine the recent price action of the USD as it continues to move to new lows against major currencies. The ongoing dollar selling pressure has resulted in significant breaks in some of the major currency pairs. Join us as we explore the technical dynamics, support and resistance levels, and market trends driving the USD's decline.

Read More »