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.

USDCAD runs to a new high with the broader USD. Extends toward high from last week.

The high price from last week reached 1.3837 and is the next upside target for the USDCAD traders.

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USDCHF tests 38.2% support. Will buyers hold support. EURCHF stays below 100/200 bar MAs

Buyers in the USDCHF has the advantage. EURCHF sellers more in control

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Kickstart the FX trading day for Oct 21 w/ a technical look at the EURUSD, USDJPY & GBPUSD

The USD buyers are trying to exert their control on the 3 major currency pairs to start the trading week.

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The Dollar and Gold Firm

Overview: The US dollar is firm to start the new week. The Japanese yen and Australian dollar are the heaviest with in the G10 (~0.30%). The euro and sterling are trading heavier but inside the pre-weekend range. The market anticipates the Bank of Canada to deliver a 50 bp rate cut in the middle of the week, and the Canadian dollar is threatening to extend its losses for the fourth consecutive week. China's prime lending rates were cut by 25 bp,...

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USDJPY Technical Analysis – Lack of catalysts keeps the trend intact

#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. 0:40 Technical Analysis with Optimal Entries. 1:58 Upcoming Catalysts....

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Week Ahead: Is the Closeness of the US Election a Source of Dollar Demand?

The dollar rose against all the G10 currencies last week, but it was not because of higher US rates. In fact, the 10-year US Treasury yield fell for the first time in five weeks. The two-year yield did not rise for the first time in three weeks. Rather than an increase in US rates, several other countries' rates fell. The result was that the US 2-year premium over Germany rose for the fourth consecutive week and is now the most since June. The US...

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The NZDUSD this week extended to a new low into swing area support, and bounced modestly.

What can traders look to technically as the week comes to an end and traders prepare for the new week

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USDCAD buyers remain in control. Bank of Canada rate decision next week

The USDCAD is trading in the middle of the week's trading range but above some short term support levels.

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What are the technicals driving the USDCHF and the EURCHF for October 18?

The USDCHF remains above a key retracement. For the EURCHF it bounced off a trend line target yesterday after the ECB rate cut. What next for both?

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Kickstart the FX trading day for Oct 18 w/ a technical look at the EURUSD, USDJPY &GBPUSD

What are the key levels in play as traders look toward the weekend

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Gold Technical Analysis – Yet another all-time high

#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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The EURUSD on the hourly chart gives a clearer view of the risk/bias changing levels

The 100-hour MA is moving lower and closer to the broken 200-day MA. Tomorrow it should move below that key daily MA, making both of those MAs key risk-defining targets going forward.

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NZDUSD buyers try to make a play. What needs to happen to give them an edge in the short term.

Staying above the 61.8% is key in the short term

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USDCAD bounces off retracement support. Can the buying continue toward the highs now?

After the biggest correction after 9 days of gains, the USDCAD found support at the broken 61.8%

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The USDCHF keeps it bullish bias, but the EURCHF moves lower. What next for each?

USDCHF remains above its 38.2% retracement. EURCHF moves away from MA resistance and toward key trend line support.

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Kickstart the FX trading dsy for October 17 with a technical look at the EURUSD, USDJPY and GBPUSD

Stronger US data. ECB rate cut. US GDP likely higher. EU weaker.

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S&P technical analysis ES1! 5,896.50 grinding higher ▲ +0.16% Oct 17 2024

Briefly describe the video.

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USDJPY Technical Analysis – Lack of bearish catalysts keeps the USD supported

#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. 0:54 Technical Analysis with Optimal Entries. 2:07 Upcoming Catalysts....

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How the US Election Could Impact Your Euro Trades

  As the 2024 US presidential election approaches, investors worldwide are closely monitoring potential ramifications on global markets, including the euro. The outcome of this election could significantly influence currency fluctuations, trade policies, and international relations as Republican candidate Donald Trump seeks to regain the White House from the Democratic party – which has nominated …

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AUDUSD breaks and moves away from key 100-day MA. Sellers in control. What next?

The 100-day MA at 0.6694 is now a close risk level for sellers looking for more downside momentum

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