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.

AUDUSD sellers in control. What turns that bias around? What targets are on the downside?

The 100 hour MA remains a key barometer for the buyers and sellers at 0.62397

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To tariff or not to tariff, that is the question in the USDCAD

It seems that Pres.Trump will impose a 25% (?) tariff on Canada but will it include oil (which he wants the price to go down).

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Kickstart the NA forex trading day with a technical look at the EURUSD, USDJPY and GBPUSD

What are the technicals and fundamental influences in the markets today.

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Renewed US Tariff Threat Doesn’t Stop Equities from Marching Higher

Overview: The renewed threat of a 25% tariff on Canada and Mexico as soon as tomorrow has lifted the US dollar broadly and has not derailed the firmer tone in global equities. There are still many unknowns and questions, and this will keep investors and businesses on tenterhooks. The greenback is mixed against the G10 currencies in Europe and is mostly +/- 0.25%. The Canadian dollar and Mexican peso are little changed now after selling off late in...

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Gold Technical Analysis – We finally got a new all-time high. Now what?

#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. 0:45 Technical Analysis with Optimal Entries. 1:47 Upcoming Catalysts...

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AUDUSD is up and down non-trending over the last few days, but control is with the sellers

What would hurt the bearish bias in the short term in the AUDUSD?

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The GBPUSD buyers are back in control in the short term. Can the buyers keep the bias control?

The 100-hour MA and the 50% is close support at 1.2453. Key barometer in the short term for the buyers and the sellers.

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USDCHF sellers have pushed pair down to moving average support.Will the buyers come in?

The USDCHF is testing the 200 and 100 hour moving averages at 0.90609 and 0.90504. Buyers can lean with a stop below. Sellers need a break and run.

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USDCAD buyers had their shot yesterday….they missed. Today, the price rotated toward MAs

The 100 and 200 hour MAs at 1.4382 and 1.4394 are targeted as support.

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The USDJPY tumbles lower in trading today but is finding dip buyers near a key support.

The 50% of the move up from December low comes in at 153.736. That is a key support target that has found risk focused buyers today.

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EURUSD moves higher despite the rate cut from the ECB.

Lagarde press conference is ongoing.

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Nervous Calm Shrouds FX, while February 1 US Tariffs Look Less Likely

Overview:  There is a nervous calm in the foreign exchange market. The Federal Reserve indicated that the relatively good economic performance allow is to bide its time for the economic and policy picture to clarify and policy remained "meaningfully" restrictive. The disappointing GDP figures from Germany, France, and Italy today provide a weak backdrop for the ECB, which is set to deliver a quarter-point cut. The BOJ signaled its...

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USDJPY Technical Analysis – The focus remains on US data and Trump’s policies

#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. 0:51 Technical Analysis with Optimal Entries. 1:55 Upcoming Catalysts...

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USDCHF backs off highs as the market prepares for the FOMC rate decision

The topside resistance between 0.9068 to 0.9077

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AUDUSD moves lower helped by lower Australian CPI data overnight

The pair broke below the 200-hour MA and continued the decline today.

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The USDCAD traders are making a play to the upside ahead of the BOC rate decision

The price has ticked above the high of a swing area that is key to technical bias. Stay above a swing area between 1.4448 and 1.4466 keeps the bias to the upside.

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Kickstart the FX trading day for Jan 29, w/ a technical look at the 3 major currency pairs

Kickstart the NA FX trading day ahead of the BOC and the Fed rate decision with a technical look at the 3 major currency pairs.

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Fed Day: Vigorous Defense of Independence While Standing Pat

Overview:  Tariffs and the Federal Reserve meeting are center stage today. Yesterday, the White House reiterated that tariffs on Canada and Mexico could be announced this weekend. The Canadian dollar is softer, and the Bank of Canada is widely expected deliver a quarter-point cut today and hint at a pause. There is practically no question about the Fed. It will stand pat, and we expect it to defend its independence. The Mexican peso, on the other...

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Bitcoin has rebounded sharply higher from the Monday low, but has run into MA resistance.

The low on Monday stalled at a swing area. The high reached today stallled ahead of the 200-hour MA.

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AUDUSD tilts the bias to the downside. Back below the 200 hour MA

The break higher last week falls.

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