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.

Looking ahead in the forex with a technical look at EURUSD, USDJPY and GBPUSD for Oct 7

What are the key levels in play for the 3 major currency pairs for today/for the trading week?

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US Rates Extend Gains to Fray 4 percent

The stronger than expected US jobs report triggered a 20 bp jump in the US two-year yield and sent the greenback broadly higher. The market slashed the probability that the Fed would cut by 75 bp in Q4.

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Gold Technical Analysis – Higher real yields weigh on the market

#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. 0:27 Technical Analysis with Optimal Entries. 1:24 Upcoming Catalysts....

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Crude Oil price forecast, take partial profit at $77.25. Target $78.48

Oil had a massive rally of apx. 14% in less than 4 days and probably has some more fuel. But the question is where to join and I am giving you two potential prices to look at. Always trade at your own risk only and visit ForexLive.com for additional opinions.

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Week Ahead: US CPI, China Returns, RBNZ to Cut 50 bp (?)

There were several developments last week that shape the investment climate. First, the September US employment report was stronger than expected and this reinforces the message from Fed Chair Powell. After initiating the easing cycle with 50 bp cut, the central bank is not in a rush and two quarter-point cuts in Q4 is most likely scenario. Once again, the market has converged to the Fed rather than the other way around. Second, the new Japanese...

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USDJPY breaks higher this week and extends above the 38.2% of move down from July 3 high

The 38.2% is close support/risk going into the new trading week. The 50%, 200 day MA and the 100 day MA between 150.757 and 151.599 are upside targets

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The EURUSD had moved lower to the next target support, setting the levels for next week.

The 61.8% retracement at 1.0944 and a swing area between 1.0942 and 1.0949 will be a key bias defining level for next week's traders. Move below is more bearish.

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NZDUSD continues lower today. RBNZ 50 BP cut expected next week.

What is the price action and technicals telling traders in the NZDUSD?

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The AUDUSD is lower and below a key downside target.What next for today and going forward

The 0.6820 area is key resistance ceiling now. Staying below keeps the sellers in control today and going into next years trading.

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The USDCAD runs higher after the US jobs report.What next technically for traders ?rexLive Video

The USDCAD buyers take more control.

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USDCHF breaks out. The pair surges outside the “Red Box” after stronger US jobs report

The break above 0.86368 was met with strong buying

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The US jobs report sends the USD higher but what about the technicals for 3 major pairs

A technical look at the EURUSD, USDJPY and GBPUSD.

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Today’s Employment Report is Important, but Fed Sees Another Before the Next FOMC Meeting

Overview:  The stronger than expected ISM services, which the market has seemed particularly sensitive this year lifted the two-year yield to about 3.71%, its highest level since the last employment report. The 10-year yield, which had been toying with 3.80%, finally settled above it for the first time in a month. The Dollar Index extended its advance to four sessions, matching the longest in six months. The focus is on the US employment report....

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USDJPY Technical Analysis – All eyes on the US NFP report

#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. 0:53 Technical Analysis with Optimal Entries. 2:09 Upcoming Catalysts....

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The NZDUSD and the AUDUSD has moved lower, but are finding dip buyers near support

In this video, I take a technical look at the NZDUSD and AUDUSD.

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The story remains the same for the USDCHF as the “Red Box” resistance target stalls rise.

The high of the up and down consolidation at 0.85368 stalled the rally today.

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Kickstart the FX trading day for Oct 3 with technical look at the EURUSD, USDJPY & GBPUSD

What is driving the 3 major currency pairs technically in trading today

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Bailey Weighs on Sterling

Overview: The dollar enjoys a firmer tone today. The escalating conflict in the Middle East is keeping the market on edge. And then there is tomorrow's US employment report. Among the G10 currencies, sterling has been the hardest hit. It is off around 1% after Bank of England Governor Bailey seemed to signal that after pausing last month, the central bank may turn more aggressive here in Q4. Nearly all the emerging market currencies are...

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AUDUSD moves into a more neutral territory as sellers are back in play

Why are the technicals more neutral? What would increase the bearish bias? What would shift the bias higher (bullish)?

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NZDUSD trades toward the low from yesterday. Seller make a play

The NZDUSD sellers are pushing lower. RBNZ rate decision next week.

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