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.

A technical look at the major currency pairs as markets head toward the new trading day

Understand what level are important and why going into the new trading day on November 21, 2023

Read More »

AUDUSD breaks above an upside ceiling. Staying above is more bullish.

AUDUSD buyers are making more of a play to the upside.

Read More »

EURUSD and GBPUSD move to new highs as London/European traders head for the exits

Both the EURUSD and GBPUSD are making technical breaks to new highs as European traders exit for the day.

Read More »

GBPJPY falls to swing area and 50% retracement of recent move higher. Buyers enter.

GBPJPY falls to swing area and 50% retracement before bouncing back, indicating potential for further upside movement.

Read More »

USDCAD moves higher and into neutral area between 100 and 200 hour MAs

The USDCAD has moved higher in early NA trading and in the process moved above its 100 hour MA. Above the 200-hour MA looms as resistance. So the price bias is more neutral with the buyers making the most recent play.

Read More »

Kickstart your forex trading on November 20 with a look at the EURUSD, USDJPY and GBPUSD

The USD is lower to start the trading day

Read More »

Dollar Retreat Extended, but Turn Around Tuesday may have Already Begun

Overview:  Last week's dollar losses have been extended today. The yen is leading the move, encouraged by talk of a buying by a large US real money fund. The Dollar Index is off about 0.35% after sliding 1.8% last week. It is below the 200-day moving average for the first time since late August. As was the case last week, the Canadian dollar is the laggard. Emerging market currencies are also mostly higher. The Chinese yuan's 0.67% rise is the most...

Read More »

Gold Technical Analysis

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

Read More »

Week Ahead: How Hard Will Officials Push Against the Easing of Financial Conditions?

The combination of soft US price data and mostly weaker economic data lends credence to a new economic convergence. The economic news stream from Europe, Japan, and China is not particular inspiring. Rather the convergence is driven by the materialism of the long-anticipated slowdown of the world's largest economy. This new convergence is negative for the dollar. Our conservative working hypothesis continues to be that the US dollar's gains from...

Read More »

USDJPY sellers trying to take more control, but the low from November stalled the fall.



Read More »

ForexLive Video



Read More »

Yen Leads Charge Against the Dollar Amid Falling Rates

Overview: The Japanese yen is leading the charge against the dollar today. Short covering in the Japanese bond market, the decline in US rates, and some reports of real money saw the dollar tumble to around JPY149.25 to approach the low for the month near JPY149.20. All the G10 currencies are firmer today, as are all but a few emerging market currencies. The Dollar Index finished October near 106.55 and it has been finding support near 104.00 in...

Read More »

AUDUSD Technical Analysis

Here's a quick technical analysis on the AUDUSD pair with some fundamental background. For more visit ForexLive.com

Read More »

GBPUSD stays below key cluster of upside technical targets keeping sellers in play/control

The GBPUSD is below 38.2% and 200 day MA

Read More »

USDCHF stays below a cluster of resistance keeping sellers in controlo

Cluster of resistance in the USDCHF at 0.8900

Read More »

AUDUSD stays below the 38.2% and is back below the 100 day MA

AUDUSD sellers are still holding onto control

Read More »

Kickstart your FX trading for November 16 with a look at the EURUSD, USDJPY and GBPUSD

The technical look at 3 of the major currency pairs for November 16

Read More »

Dollar Consolidates Amid Rate Volatility

Overview: The dollar is consolidating its recent moves as interest rate swings continue. The US two-year yield has traded in a nearly 28 bp range in the first two sessions this week, and near 4.88% now, it is 18 bp lower since last Friday's close. The 10-year yield is slipping below 4.50%. It reached almost 4.70% on Monday and had fallen to almost 4.40% yesterday. Part of this reflects the shift in overnight rate expectations. The implied yield of...

Read More »

S&P 500 Technical Analysis

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

Read More »

NZDUSD buyers lean against the 100 day MA and bounce the pair higher

The 100 day MA stalled the fall in trading today in the NZDUSD. That level was broken yesterday, tilting the technical bias more to the upside on the longer term chart. Staying above is important for the buyers today and going forward.

Read More »