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.

ES, S&P 500 Futures, post MSFT earnings, what’s next?

Stay ahead of the game with the latest update on MSFT's post-market performance and what it means for the ES index. Get expert insights and analysis on the impact of Microsoft's earnings report. Tune in now and visit ForexLive.com for more perspectives.

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The EURUSD is trying to stay in the “Red Box”. This technical story &more in the AM video.

In this morning's technical forex report, we take a closer look at the EURUSD and its attempts to remain within a key "Red Box" level. We also analyze the USDJPY, GBPUSD, and USDCHF and their current trends. Join us as we delve into the latest market movements and what they could mean for your trades.

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No Follow-Through Euro Buying while S&P Holds Yesterday’s Breakout

Overview:  A quiet consolidative session has been recorded so far today as North American leadership is awaited. The preliminary PMI readings are mixed. Japan and the eurozone look somewhat better, but Australia and the UK disappointed.  The dollar is trading with a mostly firmer bias, but largely confined to yesterday's ranges.  The markets seem to be looked ahead toward next week's Fed, ECB, and BOE meetings, and the return of China from this...

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Done with the Nasdaq Bear Market for Good? Watch this Strong Technical Hint

Are you tired of the Nasdaq bear market? Want to know when it's time to make a move? Watch this video to learn about a powerful technical hint that may indicate a market attitude shift. Weekly candle charts in technical analysis can reveal key support and resistance levels, patterns, and successive candles that can assist traders in making better decisions. Don't miss this opportunity to improve your profit potential. Watch now!

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Euro Pokes Above $1.09. Will it be Sustained?

Overview: The Lunar New Year holiday has shut many centers in Asia until the middle of the week, though China's mainland is on holiday all week. The signaling of a downshift in the pace of Fed tightening by some notable hawks helped lift risk appetites ahead of the weekend and saw the S&P 500 snap a four-day decline.

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Waller breaks down a wall, and other technical walls are also broken. What next in Forex?

Get a closer look at the latest market trends with our in-depth analysis of the major currency pairs and indexes. In this video, we'll be discussing Fed official Waller's recent statements and how they've impacted the US stock market. Plus, we'll be reviewing the technical levels and potential trade opportunities for the Nasdaq, S&P, and more. Don't miss the start times for each review in the video description. Tune in now! Below are the...

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Are We Still on the New Year Honeymoon? A Look at the Week Ahead

There are several macro highlights in the week ahead, during which Chinese markets are closed for the Lunar New Year celebration. The preliminary January purchasing managers surveys pose headline risk. However, the survey data, for example, had the US composite below the 50 boom/bust level every month in H2 22, which likely overstates the case, as the first look at Q4 22 US GDP will probably show. While some improvement is expected, composite PMI...

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Bitcoin technical analysis for 21 Jan, 2023

Join us as we take a closer look at the history of Bitcoin price predictions. We'll be revisiting the original views and analyzing the factors that have influenced them over time. Learn about the key players and developments that have shaped the trajectory of the world's most popular cryptocurrency. Don't miss out on this in-depth analysis of the past, present, and future of Bitcoin. Watch now!

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A trading lesson in the technical analysis of the AUDUSD

Learn the ins and outs of technical analysis with expert Greg Michalowski. In this video, he breaks down the price action in the AUDUSD and explains why the market behaves the way it does. Get a better understanding of the bias, risk and technical views supported by the price action!

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Wake up! The morning forex technical report explains the USDJPYs move higher and more

Get the latest insights on the forex market with our morning technical report! In this episode, we cover the impact of BOJ Governor Kuroda's comments on the USDJPY and the broader market. Don't miss out on this informative and actionable analysis, tune in now!

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Dismal UK Retail Sales Weigh on Sterling, While the Yen Softens

Overview: The US dollar is mostly softer today against the G10 currencies, with the notable exception, yen, Swiss franc, and sterling. The risk-on mood is seen in the foreign exchange market with the Antipodean and Scandi currencies leading the move against the greenback. The yen has fallen by about 1.3% this week, leading losers, while sterling's 1.1% gain puts it at the top. Despite the poor showing of US equities yesterday, risk appetites...

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Bitcoin technical analysis, shorting at the top of this channel

Learn how to navigate the reward vs risk of trading BTC with a short attempt strategy. Use caution and visit ForexLive.com for expert insights. Trade at your own risk.

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The forex market reacts modestly to the better US data dump today

In this Forex technical currency report, we take a look at the EURUSD, USDJPY, and GBPUSD. The US dollar has rebounded a bit due to a better-than-expected data dump in the US. We analyze the movements of the EURUSD, USDJPY, and GBPUSD and what traders should be watching for in the coming days.

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Poor US Data Cast Doubts on New Found Hopes of a Soft-Landing

Overview:  Yesterday's string of dismal US economic data delivered a material blow to those still thinking that a soft-landing was possible. Retail sales by the most in the a year. Manufacturing output fell by nearly 2.5% in the last two months of 2022. Bad economic news weighed on US stocks. The honeymoon of New Year may have ended yesterday. The US 10-year yield fell below 3.40% for the first time since the middle of last September. The Atlanta...

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The US retail sales/PPI pushed the USD lower. What has that done to the bias/risk levels?

Stay ahead of the market with our in-depth analysis of the EURUSD, USDJPY, and GBPUSD. Learn about the impact of weaker US PPI and retail sales on the dollar, as well as key technical levels and biases for each currency pair. Discover the risks and next targets to watch.

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The BOJ Surprises by Standing Pat

Overview: The BOJ defied speculation and stuck to its current policy, which saw the yen sell-off sharply. The dollar rallied about 3.4 yen before falling back. The greenback is broadly lower against the other G10 currencies. However, for the fifth consecutive session, the euro has stalled around $1.0870. While UK headline inflation softened, mostly due to fuel, core prices were unchanged, and this may have helped sterling extend its recent gains to...

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The morning forex technical report for January 17, 2023

In this video, we'll take a closer look at some of the major currency pairs such as EURUSD, USDJPY, GBPUSD and USDCAD. This is the latest morning forex technical report for January 17, 2023. We'll cover the levels that are currently in play, as well as the technical bias for each pair. This report will provide valuable insights into the current market trends to help you make more informed decisions.

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With Trepidation, the Market Awaits the BOJ

With the market nearly ruling out a 50 bp hike by the Federal Reserve on February 1, the interest rate adjustment appears to have largely run its course. This may be helping to ease the selling pressure on the greenback.

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Bitcoin technical analysis @ ForexLive

In our previous video ( -Mek ), when BTC was at $16700, I called Bitcoin's upcoming rise and now we are over 27% above that in less than 2 weeks, a staggering rise. Now BTC is dancing around $22,000 and I lay out a tripple resistance area, close to $23k (see video for more specifics, and you are also welcome to draw the lines and patterns shown, on your chart). Watch the full analysis at...

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Monday and Beyond

Monday Ranges: Euro: $1.0802-$1.0874JPY/$: JPY127.23-JPY128.87GBP: $1.2172-$1.2289CAD/$: CAD1.3353-CAD1.3418AUD: $0.6941-$0.7019MXN/$: MXN18.7313-MXN18.8566Rumors of an emergency BOJ meeting sent the dollar to its lows in Tokyo, slightly below the pre-weekend low (~JPY127.46). The on-the-run (most current) 10-year yield settled above the 0.50% cap and the generic 10-year bond has not traded below the 0.50% level since January 5. The market...

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