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.

Dismal EMU Flash PMI on Heels of First ECB Rate Hike since 2011

Overview:  The euro is over a cent lower from yesterday’s peak, pressured by the drop in the flash PMI composite below 50 for the first time since early last year. More generally, the flash PMIs have shown the global economic momentum is waning, and the bond markets have responded accordingly. The US 10-year yield is flirting with 2.80%, its lowest level in more than two weeks. European yields are 15-20 bp lower and the spread between Italian and...

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What if? Traders are constantly asking “What if”, but what does that mean?

IN this video, I extend the short term EURUSD analysis to incorporate a view from the daily chart and ask "What if?". I hope you find it interesting.

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What does it mean to “lean” in your trading?. The AUDUSD price action today shows what that means.

Leaning is a key way traders enter trades, and more importantly exit trades with risk defined and limited. What does that mean. Let me show you in the this video using the AUDUSD as my guide.

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The EURUSD moves higher after the ECB 50 basis point hike

The ECB rate decision has pushed the EURUSD higher. WHat is in play for that pair and what about the GBPUSD and the USDJPY too

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Italian Politics Complicate the ECB’s Task

The appetite for risk seen earlier this week is fading. Yesterday’s US equity gains helped lift most of the large markets in the Asia Pacific region, but China’s CSI 300 fell 1.1%, giving back most of this week’s gains as credit issues from the property sector haunt sentiment.

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Bitcoin technical analysis, short the measured move

Bitcoin seems to be in a good spot for a potential bearish measured move driven trade, with an attractive reward vs risk. See the technical analysis for BTCUSD and the potential bearish measured move. https://www.forexlive.com/technical-analysis/a-bitcoin-technical-analysis-with-a-bearish-measured-move/ Reminder: technical analysis can increase your chances of better reading the market but does not guarantee it. That is why traders must have...

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EURUSD backs off resistance, but price action remains contained as buyers/sellers battle.

With the ECB meeting tomorrow. the price action in the EURUSD is being contained by technical levels. A battle is going on. However, in preparing for the decision it is important to know the levels that will give the pair the next shove. In this video, I talk to those levels so you can prepare your trade.

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The EURUSD and GBPUSD are lower today on dollar buying. What are the technical telling us NOW

The dollar is modestly higher in trading today. What are the levels in play and why.

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Calm before the Storm?

The biggest rally in the S&P 500 in three weeks helped lift global equities today. The MSCI Asia Pacific index rose for the third consecutive session, the longest streak this month. Europe’s Stoxx 600 is up for a fourth day and is at its best level since mid-June.

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Bitcoin breaks outside recent up and down range and pushes toward next key target

The price of bitcoin breaks out of it's recent up and down trading range and looks toward the 38.2% retracement target

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USDCAD moves to a new low and tests a key swing area

The USDCAD is trading to a new low and in the process is testing the low from yesterday and swing area down to 1.28929

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A technical look at the EURUSD, GBPUSD and USDJPY to start the trading day on July 19, 2022

What levels are in play for the 3 major currency pairs today

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The Dollar is on its Back Foot

The dollar’s downside correction continues today, helped by hawkish signals from the Reserve Bank of Australia and unnamed sources who have played up the chances of a 50 bp hike by the European Central Bank on Thursday.

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AUDUSD technical analysis

See the complete technical analysis for the Aussie dollar vs the US dollar here https://www.forexlive.com/technical-analysis/audusd-technical-analysis/

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Another crypto trade lost? This simple rule will probably save your ass next time.

If you have been trading crypto, you have been there... and it can happen when trading many other assets as well.

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It’s a central bank driven market and mistakes are being made

Adam Button of ForexLive spoke with BNNBlooomberg about the shifting outlook for rate hikes at central banks in the US and Europe.

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Stock Market Today, Russell 2000 Technical Analysis

Profit takers seem to be waiting at the resistance line shown in the video and the Russell futures may sell off till the value area high of the range or the EMA20.

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The EURUSD is up again today but why are sellers still more in control?

The EURUSD falls short of retracement target today

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Is the Dollar Tired? Did Fed Frenzy Peak? A Look at the FX Price Action

The price exchange in the foreign exchange market was a story separate from the macro developments. The euro traded below parity for the first time since 2002. The yen fell to its lowest level against the dollar in 22 years.

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Bought EURUSD, what now?

See how a trade is managed in a simple way after one of the first of 3 buy orders were filled. See ForexLive technical analysis at https://www.forexlive.com/technical-analysis

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