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 finally fell yesterday and near unchanged today but back below 100 hour MA.

Can the sellers build on the short-term weakness?

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Kickstart the FX trading for Oct. 16 with a technical look at the EURUSD, USDJPY & GBPUSD

The EURUSD bounces off the 200 day MA. The USDJPY continues to trade above and below the August 15 high at 149.36. GBPUSD falls below 1.3000 on lower CPI, but bounces and uses level as support.

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Gold Technical Analysis – Lack of bearish catalysts keeps the bid going

#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. 1:02 Technical Analysis with Optimal Entries. 2:07 Upcoming Catalysts....

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USDJPY Technical Analysis – The USD needs more fuel to keep the momentum going

#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. 0:52 Technical Analysis with Optimal Entries. 2:05 Upcoming Catalysts....

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EURJPY finds sellers against ceiling again. Can sellers push and stay below 100 hour MA

The ceiling comes in at 163.478 to 163.60. The 100-hour MA comes in at 162.96 and moving higher

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AUDUSD trades in the middle of close support and close resistance levels

Swing area ceiling at 0.6768. 100 day MA and swing area floor down to 0.6685. Traders on alert for the next shove.

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USDCAD bounces after stronger jobs report on Friday. Trend higher continues. What next?

The USCAD moves into a swing area between 1.3784 and 1.38036

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USDCHF makes a break for it above the 38.2% retracement Target hit. Can momentum continue?

The USDCHF is above the 38.2% at 0.86312. Risk for buyers looking for continuation of the upside is down at 0.86078.

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Kickstart the FX trading day for Oct. 14 with a technical look at EURUSD, USDJPY & GBPUSD

What is the major currency pair's price action telling traders to start the new trading day.

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Dollar Firm, China Briefing Light on Details, and Its Data Remain Poor

Business travel will prevent the updating of the blog in the coming days. It resumes October 19 with the Week Ahead. The lack of details from China's fiscal briefing, the soft CPI (and deeper PPI deflation), and a smaller than expected trade surplus did not prevent Chinese equities from advancing (CSI 300 +1.9%).

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Gold Technical Analysis – Green light for new all- time highs?

#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. 1:55 Upcoming Catalysts....

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Week Ahead: Is the US Rate Adjustment Nearly Over? Be On Guard for Reversal Patterns

The combination of the stronger-than-expected US September jobs report and the slightly firmer inflation readings lifted US interest rates and the dollar. Several Fed officials spoke, and it did not appear that the employment or price reports changed views as much as it had impacted the capital markets.

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NZDUSD moves back into swing area and between 100/200 day MAs going into the weekend.

The daily moving averages were key levels last week going into the new trading week, and are key levels going into next week's trading

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AUDUSD is lower on the week, but sellers had their shot and missed below key retracement.

The AUDUSD fell below the 38.2% at 0.67146

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USDCAD is snapping back higher after a stronger jobs report. Buyers back in control

What is the down and up price action doing to the technicals.

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USDCHF this week settles in a higher up and down trading range.

Support at 0.8536 and resistance at 0.8619. Awaits the next shove.

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Kickstart the forex day for Oct 11 with a technical look at the EURUSD, USDJPY & GBPUSD

What key levels are in play for traders today in the three major currency pairs

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Tomorrow’s China Briefing Did Not Prevent the Continued Slide in Chinese Stocks Today

Overview: The combination of the firmer than expected US CPI and larger than expected rise in initial and continuing jobless claims saw short-term US rates fall, and the odds of a quarter-point cut by the Fed rose from about 83% to about 93%. The Fed funds futures market boosted the odds of another quarter-point cut in December (~90% vs.78%). The dollar initially weakened but recovered, though the key levels held, such as $1.09 in the euro, $1.30...

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USDJPY Technical Analysis – The US CPI fails to trigger a breakout

#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. 0:53 Technical Analysis with Optimal Entries. 1:58 Upcoming Catalysts....

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AUDUSD trades up and down in trading today with swing areas defining support & resistance.

Swing area support and 100 day MA comes in between 0.6685 – 0.6696. Resistance at a swing area starting at 0.67429

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