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.
My articlesMy offerMy siteAbout meMy books
Follow on:LinkedINTwitterSeeking AlphaAmazon
Filter archive by: Show All Show only Articles Show only Videos

Bitcoin technical analysis: Watch this trading range.

2022-09-10

by

Technical analysis for BTCUSD for 10 September. Watch the horizontal trading range, and the yellow channel, which is also a potential bull flag.

Read More »

Why this could be the bottom in Europe

2022-09-09

by

We’re seeing the covid playbook rolled out on energy. During covid, businesses had to shut down but all the costs were taken on the government balance sheet. That’s when we saw the huge turnaround in markets. The UK is signaling that it will do the same thing by capping/subsidizing energy and more countries in Europe are leaning that way as well. Like covid, this could be a turning point. What’s different this time is that monetary policy isn’t...

Read More »

A technical look at the EURUSD, GBPUSD, USDJPY, and USDCAD to start the US trading day

2022-09-09

by

The USD has moved lower but found a bottom. What next? The USD moved lower today but is finding some buying in the early NY session. That buying of the USD (selling of the currency) has seen traders lean against targeted technical levels. I look at 4 currency pairs.  0:16: USDJPY 2:44: EURUSD 5:14: GBPUSD 6:56: USDCAD Take a look and understand the "why's" for today's trading and what needs to happen next.

Read More »

Sharp Dollar Setback may offer Bulls a Bargain

2022-09-09

by

2022-09-09

The dollar is having one of the largest setbacks in recent weeks. We expected the dollar to soften ahead of next week’s CPI, which may fan ideas/hopes of a peak in US price pressures, but the magnitude and speed of the move is surprising, and likely speaks to the extreme positioning.

Read More »

More from SNB’s Jordan: No comment on currency invention. We don’t rule anything out

2022-09-09

by

2022-09-09

SNB Chairman Jordan speaks to media during a news conference in Bern
Looks at series of models to gauge Swiss francs value; market has to live with some volatility, no comment on currency intervention.

Read More »

S&P technical analysis. Where is the stock market going?

2022-09-09

by

S&P technical analysis. Where is the stock market going?

Read More »

The ECB raises by 75 basis points. How is the EURUSD reacting?.

2022-09-08

by

1:32: The EURUSD remains contained with a short term bullish bias ahead of the 75 basis point hike, but there is work to do. 4:00: The USDJPY is trying to move lower but is having some trouble finding downside momentum 6:01: The GBPUSD is reacting up and down to new economic measures by PM Truss, but is back below the 100 hour MA in early trading in the US session.

Read More »

ECB: Coping with Conflict, Covid, and Climate

2022-09-08

by

2022-09-08

Overview: Heightened warnings from Japanese officials has helped the dollar steady against the yen, while the euro hugs parity ahead of the outcome of the ECB meeting, where a 75 bp hike is anticipated. Most Asian equity markets rallied in the wake of yesterday’s gains in the US.

Read More »

Unity Software (U) Stock Analysis

2022-09-08

by

Unity stock between $33 and $40 seems to me as a CLASSIC area and time where an investor can be greedy when others are fearfull and start accumilating a Long position. Posted on 09 August, the time to start doing that is probably today, but do leave some additional ammunition for possible buys at some lower prices, as mentioned in the video, to average out your entry point, if the stock sells a little more.

Read More »

The USDJPY is sharply higher. The Bank of Canada rate will hike. What are the technicals saying?

2022-09-07

by

The USDJPY is continuing it's trend move to the upside. Trends are fast, directional and tend to go farther than traders expect. That is what we are seeing in that pair (and JPY crosses now as well).  The Bank of Canada is expected to raise rates by 75 basis points when they announce at 10 AM today.  The EURUSD is lower but up and down. The GBPUSD got within a few pips of the pandemic low at 1.1408.

Read More »

The Yen and Yuan Continue to Weaken

2022-09-07

by

2022-09-07

While the US dollar appears to be consolidating its recent gains, the Japanese yen and Chinese yuan remain under pressure. Officials seem more concerned about the pace of the move than the level it has reached. New and large fiscal initiatives that the new UK government has floated has failed to change sentiment toward sterling, which is the second weakest major currency today after the Japanese yen.

Read More »

Trends are FAST, DIRECTIONAL and tend to go FARTHER than what traders expect

2022-09-07

by

Trends are where the most money is made and lost. Most retail traders don't trade trends well. In fact they tend to lose more when the price trends. In this video, I show traders how they can recognize trends, get on the trend and stay on the trend.

Read More »

The morning Forex Report for September 6, 2022

2022-09-06

by

In the morning report, I look at the EURUSD, USDJPY, and GBPUSD to kick off the trading bias defining levels.

Read More »

Aussie Sells Off After RBA Hikes 50 bp while Sterling Bounces on UK New Initiative

2022-09-06

by

2022-09-06

Overview: A GBP130 bln initiative by the new UK government to protect households from the surge in power costs helped lift sterling from 2.5-year lows. The Reserve Bank of Australia delivered the expected 50 bp rate hike, but the prospect of smaller moves going forward saw the Australian dollar sold through yesterday’s lows.

Read More »

What Happened Monday

2022-09-05

by

2022-09-05

The US and Canada may have been on holiday on September 5, but the world waits for no one and there were several significant developments. First, Gazprom's decision to indefinitely suspend gas shipments through the Nord Stream 1 pipeline announced before the weekend saw the European natgas benchmark soar 23.7.

Read More »

Japanese Yen technical analysis USD vs Japanese Yen. Getting ready to short!

2022-09-05

by

The U.S. is headed toward higher interest rates faster than Japan, which makes dollar-denominated assets more tempting. The Japanese yen has fallen against the dollar. Technical analysis shouldn't care. A technical analysis doesn't care about the news or why things are or should be. A 'pure' chartist knows we don't know everything. The chartist examines the price chart to find the next viable deal. She or he tries to determine whether the benefit...

Read More »

The weekend Forex Report for the week starting September 4,2022: The USD remains the king

2022-09-04

by

The dollar continued to move higher last week. The US jobs report did show a modestly higher than expected NFP value, but there were other dampening details including more people entering the workforce which may take some pressure off wages.  US yields move higher out the curve as traders prepare for a tighter Fed for longer.   The US stocks fell for the 3rd week in a row led lower by the Nasdaq once again.  Russia continues to be a focus as...

Read More »

Nord Stream’s Indefinite Shutdown Keeps Dollar Bulls in Control

2022-09-04

by

2022-09-04

Over the past month, the yen and sterling have been the weakest of the major currencies, off 5.00%-5.40%. The yen is at 24-year lows, while sterling swooned nearly eight cents in less than four weeks toward the March 2020 extreme (~$1.14). The yen's weakness is more clearly a function of the divergence of policy.   The correlation with US Treasuries has been too strong and too stable to dismiss easily. Back in July, when the dollar had approached...

Read More »

Russell analysis and recap of trading ideas

2022-09-04

by

A review of the recent trade ideas: S&P 500 https://www.forexlive.com/technical-analysis/sp-technical-analysis-in-10-seconds-including-a-trade-idea-20220901/ Gold https://www.forexlive.com/technical-analysis/gold-technical-analysis-in-10-seconds-20220831/ Ethereum https://www.forexlive.com/technical-analysis/ehereum-technical-analysis-ethusd-at-1500-whats-next-20220828/ Natural gas...

Read More »

Do you have the FEAR OF SUCCESS when you trade?

2022-09-03

by

Most traders know about the FEAR OF FAILURE, but do you know about the FEAR OF SUCCESS? In this video, Greg Michalowski describes the FEAR OF SUCCESS that stifles traders and causes them to do things they never planned on doing. What is it? How can you conquer it?

Read More »