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.

EURUSD waffles up and down after retest of the 200 day MA

After successfully testing the crucial 200-day moving average at 1.0846, the EURUSD buyers aim for higher ground in their quest for an upside breakout.

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The AUDUSD is waging a battle between support and resistance targets. What next?

A swing level and the 100-day MA is support. The 50% and the 200-day MA is resistance above.

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USDCHF retracement support boosts buyer confidence

USDCHF rebounds from 38.2% retracement support, potential upside towards 0.87218.

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The USDCAD bounces off support at the 200 day MA today keeping the buyers in control

Although the USDCAD price is above the 200-day MA, the 50% midpoint of the move down from the November 2023 high remains a key target needed to get above to increase the bullish bias.

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Kickstart your FX trading for Jan 18 with a technical look at the EURUSD, USDJPY and GBPUSD

The dollar strengthens as jobless claims beat expectations, impacting EURUSD and GBPUSD. Buyers and sellers look to the key barometer of moving averages. GBPUSD remains range-bound within mid-December levels.

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Dollar Rally Pauses, but Fuel from Interest Rate Adjustment may not be Complete

Overview: This week's dollar surge is consolidating today. Interest rates have steadied, but the adjustment, which involves pushing the first rate from March toward June does not appear complete. This suggests the dollar's recovery from last November-December's sell-off may not be complete either. Today, though, it is a little firmer against all the G10 currencies but the Swiss franc. Most emerging market currencies are also trading with a slightly...

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Gold Technical Analysis

#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. 0:41 Technical Analysis with Optimal Entries. 1:57 Upcoming Economic Data....

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USDJPY trends higher and higher but has found willing sellers near a swing area target.

What next technically for the USDJPY currency pair?

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AUDUSD keeps the trend going to the downside but reaches a key swing level target. What next?

The 0.65229 level in AUDUSD was near the low today and that was a low back in November and December before running higher.

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Gold is lower as yields move higher, the dollar moves higher. What about the technicals?



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EURUSD bounces off the 200 day MA. Buyers and sellers continue to battle

The EURUSD dipped to a new low in the early NY session but did hold the support at the 200 day MA. On the topside, swing area resistance is between 1.08788 and 1.0894.

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Kickstart the FX trading for January 17, 2024.with a look at EURUSD, USDJPY and GBPUSD

What levels are in play for the major currency pairs to start the US trading day on January 17, 2024

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Stronger-than-Expected UK CPI Helps Steady Sterling after Dollar Rally Extended

Overview: The sharp dollar advance is stabilizing after follow-through gains earlier today. A larger than expected rise in the UK's December CPI helped sterling recover from the push below $1.26, the lower end of a one-month trading range. It is the only G10 currency that is firmer against the dollar ahead of the North American session. ECB's Lagarde pushed back against the early rate cut speculation and this may have stemmed the euro's losses. The...

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Crude Oil Technical Analysis

#crudeoil #futures #technicalanalysis In this video you will learn about the latest fundamental developments for Crude Oil. 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. 0:44 Technical Analysis with Optimal Entries. 1:51 Upcoming Economic Data....

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Heading into the new trading day, the GBPUSD is trying to hold above a key floor.

The GBPUSD is facing intense selling pressure, with the price breaking below key support levels. Traders are closely watching the crucial 1.2602-1.26137 floor, which will determine the direction of the pair in the upcoming trading session.

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USDJPY moves to new session highs and in doing so, moves closer to a key technical target

USDJPY gains momentum as it approaches the 100-day moving average and 61.8% retracement, setting sights on resistance at 147.45. Traders anticipate potential correction after recent upward movement.

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Kickstart your FX trading for January 16 with a technical look at EURUSD, USDJPY & GBPUSD

EURUSD breaks key support levels, USDJPY reaches new highs, GBPUSD continues downtrend.

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Greenback Surges as Rates Back Up

Overview: The US dollar is bid across the board and posting its best session of the month. It is up between about 0.5% (Canadian dollar) to almost 1.0% (Australian dollar) among the G10 currencies. Among the emerging market currencies, only the Russian ruble is holding its own.

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USDJPY Technical Analysis

#usdjpy #forex #technicalanalysis In this video you will learn about the latest fundamental developments for USDJPY. 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. 2:24 Technical Analysis with Optimal Entries. 3:50 Upcoming Economic Data....

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What levels are in play for the major currency pairs to start the new trading week?

EURUSD and GBPUSD trade between 100/200 hour MAs, while USDJPY faces resistance near midpoint of downward move. Technical analysis for the week ahead as Martin Luther King Day ends.

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