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.

Sterling and Gilts Pressed Lower by Firmer CPI

US dollar and rates are firmer today. All the G10 currencies are lower, led by the Japanese yen. The UK reported firmer than expected CPI and this may have deflected some of the selling pressure away from sterling, which is off less than 0.2% to put it atop the pack ahead of the US open.

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Putting the EURJPY volatile price action in your favor.

The EURJPY has been moving up and down with large swings over the last 3 days of trading. THe price is back up testing a resistance area. Is it time to sell again?

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AUDUSD bases near support. Stretching to new highs above swing area at 0.6505 to 0.6513.

The buyers came in at support swing area at session lows today keeping the buyers in play.

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In this video, i take a technical look at the USDCAD and USDCHF

Both the USDCAD and USDCHF are making a technical play to the downside. Can the sellers keep the momentum going through the next key targets?

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What are the technicals driving the EURUSD , USDJPY and GBPUSD in trading today?

An updated technical look at the three major currency pairs (EURUSD, USDJPY and GBPUSD)

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Geopolitics Roil Capital Markets

Within hours of the US giving permission to Ukraine to use US weapons to strike Russian territory, which it did, Moscow announced a change it is nuclear doctrine that allow for the use of nuclear weapons against a conventionally armed adversary that is backed by nuclear powers.

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Gold Technical Analysis – The short term bias switched back to bullish

#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. 1:53 Upcoming Catalysts...

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AUDUSD rebounds into a swing area resistance target. What next?

AUDUSD rebounds from swing area resistance at 0.6479, targeting levels at 0.6506-0.65129. Watch for potential upside momentum towards 0.6567 or downside towards 0.64349.

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GBPUSD corrects higher and closer to the 100 hour MA at 1.26811.

A move above 1.2681 to 1.26858 in the GBPUSD is needed by the buyers

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EURUSD pushing away from its 100 hour moving average

The 100-hour moving average is at 1.05659. Next target 1.05926 followed by 1.0600 – 1.0610.

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USDCAD rotates lower today after sharp break higher last week took price to 2020 levels

The run to the upside last week extended above the high from 2020 at 1.3978. The rising 100-hour MA is a downside target at 1.40196.

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USDCHF is backing off highs going back to July and back below 61.8% retracement

The break above the 61.8% retracement of the move down from the May high at 0.88989 failed last week. The 100 hour MA is being tested.

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Fragile and Consolidative Tone Starts the Week in FX

Overview: The US dollar has begun the new week consolidating in a mixed fashion against the G10 currencies. Bank of Japan Governor Ueda remains circumspect and did not provide guidance about next month's central bank meeting. Without positive guidance, the market sold the yen, but the swaps market shows about 13 bp of tightening has been discounted, up a couple of basis points from a week ago. Leave aside the New Zealand dollar, which is also under...

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USDJPY Technical Analysis – The market looks fine with the current pricing

#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. 0:36 Technical Analysis with Optimal Entries. 1:35 Upcoming Catalysts...

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Is Berkshire Hathaway stock a buy or sell?

Find out my opinion on where a lucrative buy the dip zone is at.

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Is META stock a buy or sell?

My unique 'buy the dip' journal of how I plan to buy the dip at META if it gets to price levels that may well attract insititutions to buy, should Meta stock price gets to these prices. Planning ahead, patiently, for a 4 to 1 reward vs risk ratio.

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Week Ahead: Powerful Forces Rippling Through the Capital Markets Do Not Appear Exhausted

There are powerful forces in the capital markets, and they do not appear exhausted even if there is some near-term consolidation. The Dollar Index has risen for seven weeks, which is to say that it has not fallen on a weekly basis so far here in Q4. The US two-year yield has risen for the past four weeks and six of the past seven. It has surged from about 3.55% at the end of September to 4.38% last week. The US 10-year yield has fallen in only two...

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FX and Rates Unwind Yesterday’s Powell Effect, US Index Futures Slide

Overview:  The dollar bounced, and US rates rose yesterday afternoon in response to comments by Fed Chair Powell. But he did little more that reiterate what he had said at the recent press conference. Powell expressed a lack of urgency to move after having led the central bank in delivering a 50 bp cut to start the easing in September while indicating that direction of travel will be to a less restrictive rate. The dollar has come back lower today...

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Gold Technical Analysis – The correction looks to be over for now

#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. 0:48 Technical Analysis with Optimal Entries. 1:46 Upcoming Catalysts...

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AUDUSD trends down this week. What is need to turn the technicals around for the pair?

AUDUSD trends lower after US election rebound. Can buyers flip the script? Dive into the details here.

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