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.

VIDEO: The aftermath of the US CPI.What levels are in play for the EURUSD, USDJPY & GBPUSD

Stay ahead of the game in the Forex market with our latest analysis of the top 3 currency pairs after the US CPI report. Our expert analyst takes a deep dive into the USD movement and highlights the crucial levels to watch for the EURUSD, USDJPY and GBPUSD. Don't miss out on this valuable insights and tips to optimize your Forex strategy.

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Dollar and Rates Soften a Little Ahead of US CPI

The focus is on the US CPI report today, but the price action is anything but intuitive. Although the revisions of the basket and methodological changes reinforce expectations for the largest rise in three months, the US dollar continues to trade heavily after rallying last week. The dollar-bloc currencies are underperforming today. And US rates are softer. The US 2- and 10-year yields are 1-2 bp lower.

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Yen Retreats Ahead of Formal BOJ Announcement Tomorrow and US CPI

Overview: A consolidative tone is mostly the theme of the day. The revisions to the US CPI announced before the weekend add to the uncertainty and focus on tomorrow's report. At the same time, investors watch ongoing air space activity that has led to a few objects being shot down over the US and Canadian airspace.

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Dow Jones technical analysis: Watching for a possible busted bear flag!

Dow Jones traders alert: Don't miss out on a possible trading opportunity! In this video, we examine what happens when a technical chart pattern "busts" and the impact it can have on your trades. We take a look at the Dow Jones futures (YM) on the four-hour chart and analyze the recent breakdown of the bear flag. We also explore the potential for a bullish opportunity if the price enters and stays inside the bear flag. For early traders...

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Bitcoin technical analysis: Probably going under $20k again

Get ahead of the game with this comprehensive weekend forex technical report. We take a deep dive into the technicals driving all the major currency pairs vs the USD, including EURUSD, USDJPY, GBPUSD, USDCHF, USDCAD, AUDUSD, and NZDUSD. Get insights into key levels, trendlines, and other technical indicators to inform your trading decisions.

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The week ahead. Do you want to get ready for the new forex trading week? Watch and learn.

A technical look at all the major currency pairs vs the USD. Get ahead of the game with this comprehensive weekend forex technical report. We take a deep dive into the technicals driving all the major currency pairs vs the USD, including EURUSD, USDJPY, GBPUSD, USDCHF, USDCAD, AUDUSD, and NZDUSD. Get insights into key levels, trendlines, and other technical indicators to inform your trading decisions. EURUSD 2:28 USDJPY 6:34 GBPUSD 11:00 USDCHF...

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USD JPY technical analysis: Bullish for now, seeking a short soon!

Explore the potential end of the bear channel for the USDJPY with this in-depth technical analysis. See the latest market trends with higher highs and lows and understand how prices fluctuate in a trading range without a distinct trend. Learn how to identify the end of a bull channel and where the next phase may begin. Join me as I delve into the USDJPY market and speculate on the high reward vs risk trading zones for traders.

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Russell 2000 technical analysis

Get ahead of the game in the futures market with this in-depth analysis of the Russell 2000! In this video, we take a technical approach and explore key factors such as levels of resistance and support, the 20 EMA moving average, trendlines, candlestick patterns, and the anchored VWAP indicator. Gain a competitive edge and make informed trades with our expert analysis. Watch now!

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Week Ahead: US CPI to Begin Sharper Deacceleration through H1 23

After selling off sharply in the past four months, the dollar rebounded. Since the FOMC meeting on February 1, it has enjoyed one of the strongest bounces since it topped out in late September/early October. The incredible US jobs data, sharp bounce in the January services ISM, speculation of BOJ Governor Kuroda's successor, and some easing of the euphoria over China's re-opening have been notable drivers.

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VIDEO:The Canada job release surprises. What next for the USDCAD and other currency pairs.

Start your day with the latest insights in the forex market! In this video, we take a deep dive into the USDCAD, EURUSD, and USDJPY and analyze their price movements in the morning technical report. Get a clear understanding of where the market is headed and make informed trades. Watch now for valuable information to boost your trading strategy.

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A Day of Surprises

(I am on a business trip and did not intend to post any analysis today. However, there have been a number of unexpected developments that warrant some commentary. Thanks for bearing with me.) Japanese press reports that the BOJ Deputy Governor Amamiya turned down the opportunity to become the next BOJ governor. Instead, next week, former BOJ board member Kazuo Ueda will be nominated. The market reacted dramatically, taking the yen sharply higher...

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VIDEO: Sellers in the USD are making a play. What next?

Stay ahead of the markets with the latest US morning forex technical report! In this video, we take a close look at the EURUSD, USDJPY, GBPUSD, and USDCAD and examine the seller activity in the USD. Discover the potential risks and targets in the market and make informed trades. Don't miss out on valuable insights to help guide your decisions. Watch now!

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US Interest Rate Adjustment Post-Jobs is Over as the 2-Year Yield Backs Away from 4.50%

Overview: The capital markets have shrugged off the more than 1% loss of the Nasdaq and S&P 500 yesterday and have jumped back into risk assets. The stocks and bonds have been bought and the dollar sold. Chinese and Hong Kong shares gained more than 1% today. Japan was mixed and Taiwan and South Korean equites saw minor losses. Europe's Stoxx 600 is up over 1%. Nasdaq futures are up nearly 1.2% while the S&P 500 is lagging slightly....

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NQ weekly analysis according to support and resistance, 09.02.2023

Maximize your trading potential with candlestick patterns and professional indicators! In this video, we explore how using candlestick patterns in conjunction with popular indicators like the RSI, MACD, and Bollinger Bands can help predict market reversals and confirm trends. We take a close look at a recent reversal and show you what to watch for when the price reaches 13000. Get the inside edge on your trades and stay ahead of the market. Watch now!

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Get your trading day started right. A technical look at some of hte major currency pairs

Start your trading day off right with the latest morning report! In this video, I delve into the technicals of the EURUSD, USDJPY, GBPUSD, and USDCAD currencies and highlight their key levels in play. But it's not just about the levels - I also explain the reasons behind the price action, giving you a complete understanding of the market. Get valuable insights to help guide your trades and make informed decisions. Watch now!

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Markets Calm after Dramatic Swings on Powell’s Comments

The US dollar is mostly trading with a downside bias today against the G10 and most emerging market currencies. It had begun the week extending the gains spurred by the dramatic jump in nonfarm payrolls and the strong ISM services survey. Market expectations for the trajectory of Fed policy in the first part of this year converged with the Fed's December dot plot. The market now leans toward two more quarter-point hikes this year.

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Feds Powell will speak today. The USD is higher vs the EUR and GBP ahead of Chair comments

In this video, we'll be discussing the latest updates on USDJPY, EURUSD, and GBPUSD. The USD has been on a 4-day winning streak, but the JPY is lower as technical resistance was reached. The EURUSD is falling below a key support level and the GBPUSD is close to its 200-day moving average. Join us as we analyze the markets and see what traders should watch for in the coming days.

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No Turn Around, but Consolidation Featured

Overview:  After large moves yesterday, the capital markets ae quieter today. Stocks are mostly firmer, and the 10-year US yield is a little softer near 3.62%. Strong nominal wage increases in Japan and a hawkish hike by the Reserve Bank of Australia helped their respectively currencies recover, though remain within yesterday's ranges. The euro briefly traded below $1.07, and sterling has been sold through $1.20. That said, a consolidative tone is...

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Greenback Extends Recovery

Overview: The honeymoon for risk assets that began the year ended with a bang at the end of last week with the monster US jobs report and the rebound in the service ISM. Disappointing news from several large US tech companies provided extra encouragement. The yen's weakness helped Japanese stocks today, but the other larger bourses in the Asia Pacific area were sold, with losses in Hong Kong, the CSI 300, South Korea, and Taiwan off more than 1%....

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WOW! The dollar moves higher, stocks move lower, yields higher after the WOW jobs report

What next as we head into the new trading week The US jobs report was a "Wow" report with not much weakness. That brings a tighter Fed back in the picture. The USD moved higher, the stocks moved lower but still closed higher on the week (at least the broader indices). The US yields moved higher as well erasing the earlier declines, but have some upside levels that still need to be broken. So as we head into the new week, traders...

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