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.

NZDUSD moves higher and moves closet to resistance targets. Could see some profit taking.

The 200 bar MA on the 4-hour, 100-day MA and 61.8% retracement loom above near 0.6317 and 0.6037

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USDCAD moves back into the guts of the “Red Box”. What does that mean for you?

The consolidation area that can find the pair from April to July was reentered late yesterday with more momentum lower in trading today. However, support is being tested against a retracement and moving average level.

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AUDUSD runs higher but is running into key/strong resistance. Intrigued? You should be.

The AUDUSD tests a key swing area, 50% retracement and a cluster of key MAs

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The USDCHF sees buying as “flight to safety” is unwound. What keeps the buyers in control?

The price moved above a swing area between 0.8549 and 0.8579 and then the 38.2% retracement of the move down from last week's high at 0.8601.

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Kickstart the FX trading day for Aug 7 w/a technical look at the EURUSD, USDJPY & GBPUSD

The EURUSD is up and down, the USDJPY is higher . The GBPUSD is higher as well. What has the price action done to the bias in each pair?

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BOJ Offers Verbal Support, Extends the Yen’s Pullback

Overview:  The calls earlier this week for an emergency rate cut seemed to be a call for the Fed put, which, we argue is misunderstood. It is not about the stock market per se but financial stability, which did not seem threatened in the US. Japan is a different story, and the Bank of Japan offered a verbal put today, with an indication that it wants to maintain low (accommodative) rates. The markets reacted accordingly. The yen was sold (and...

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Gold Technical Analysis – The global market rout sends gold lower

#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. 0:43 Technical Analysis with Optimal Entries. 2:06 Upcoming Economic Data....

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The JPY has moved higher vs the major currencies as “carry trade” is liquidated.What next?

The run lower in a number of the JPY pairs has run into support and bounced. Is it the first leg of a carry trade liquidation?

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USDCAD back down and testing a key area. What is it and what is the roadmap going forward?

The USD is testing a key swing area as it threatens to head back into a consolidation area.

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NZDUSD made a new low for the year yesterday, but just barely. Buyers remain in play.

The NZDUSD made a low but only by 3 pips yesterday. The subsequent bounce, has taken the price to the 100 bar MA on the 4-hour chart. Seller leaned there too. So buyers/sellers are battling.

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AUDUSD buyers had their shot above the 200 hour MA. They missed. Will sellers lean now?

The RBA kept rates unchanged but with a hawkish bias. Risk-off sentiment and technical resistance is fighting that view.

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USDCHF rotated higher into topside swing area and found willing sellers

The swing area between 0.8549 to 0.8579 found willing sellers today.

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What would give buyers more hope in the broader US stock indices today and going forward?

Or conversely, what would give the sellers more hope in the broader US stock indices today and going forward?

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Kickstart the FX trading day for Aug 6 w/a technical look at the EURUSD, USDJPY & GBPUSD

What are the key levels and why in the 3 major currency pairs and the roadmap going forward.

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Fragile Turn Around Tuesday

Calmer markets are prevailing today, but an unease remains, and market moves continue to be sharp even if less dramatic. Still, it is in these somewhat less volatile conditions that the US dollar is doing better. It is firmer against all the G10 currencies today.

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USDJPY Technical Analysis – The calm before another storm?

#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.

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NZDUSD tumbles lower and rocket higher in a volatile trading day. What next?

Experience the rollercoaster ride of NZDUSD as it plunges and skyrockets in a single day. What lies ahead?

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EURUSD falls into support. Bounces.



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AUDUSD nearly completes the down and up lap. Runs into key technical resistance

The AUDUSD stalls the rally at the 100-hour MA and rotates lower

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This is important for the EURUSD and the USDJPY technically. Watch and learn.

The 5 minute chart is telling the story now. After sharp moves higher in the EURUSD and sharp move lower in the USDJPY, what do the extreme traders need to see to rebound?

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