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.

USDJPY catches a bid and stretches the bullish bias

The price of the USDJPY has now moved above a swing area between 161.27 and 161.39

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AUDUSD traders push against close support but has work to do.

The price action is limited so far as traders digest Fed Chair Powell testimony.

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As Powell’s testimony goes on, the USDCAD is stuck in an up and down range.

Traders can look for a break when the market is stuck in the mud

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USDCHF price action is setting up traders for the Fed Chair testimony

Resistance held today against the 100 day MA. On the downside, the sellers had their shot below the 100-bar MA on the 4-hour chart yesterday, and failed.

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Kickstart the FX trading day for July 9 w/a technical look at the EURUSD, USDJPY & GBPUSD

The Fed Chair testimony is forthcoming. What technical levels are in play for the buyers and sellers through that testimony.

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Quiet Summer Tuesday with Powell’s Testimony and a Deluge of US Supply on Tap

Overview: In the absence of fresh developments, the dollar is consolidating in narrow ranges today against the G10 currencies and enjoys as slight upward bias against most emerging market currencies but for a few currencies from the Asia Pacific region. With practically an empty US data calendar, Fed Chair Powell's testimony with be the highlight, and a soft headline CPI on Thursday anticipated. The US two-year premium over Germany has fallen from...

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EURUSD Technical Analysis – The market consolidates after the soft US NFP report

#eurusd #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the EURUSD 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. 0:48 Technical Analysis with Optimal Entries. 2:13 Upcoming Economic Data....

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NZDUSD reaches target resistance and backs off to 200 bar MA on 4-hour chart

Close support and resistance tested in trading today in the NZDUSD

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Has the song remained the same for the technicals driving the GBPJPY trend move higher?

The 100-hour MA did a good job attracting buyers today in the GBPJPY

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AUDUSD moves to next target level & finds sellers. Modest selling pushes to close support

The AUDUSD has close support between 0.6728 and 0.6738 that is keeping the buyers in firm control. Resistance and 0.6760 did hold resistance on the test today.

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USDCAD sellers try to keep firm control. In this video, I explain why….

The 100 hour MA and 100 day MA are key for the short term bias for the USDCAD pair.

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USDCHF trades above and below the 100 bar MA on the 4-hour chart, What next?

The 100 bar MA on 4-hour chart comes in at 0.8951. That is the key level for the USDCHF to start the new trading week.

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Kickstart the FX trading for July 8 w/a technical look at the EURUSD, USDJPY and GBPUSD

The EURUSD and GBPUSD are trading higher (and near highs for the day). The USDJPY is battling between buyers and sellers as key support held at session lows today.

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Light crude oil futures CL – technical analysisand trade idea



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Euro is Little Changed, while the Yen is Softer to Start the New Week

Overview: The dollar is narrowly mixed against the G10 and emerging market currencies today. The euro is little changed, holding on to last week's gains, after the surprising French election results, where the focus shifts finding a prime minister that can carry a majority of the new and closely divided National Assembly. Despite firm underlying wage data, the Japanese yen has given back its initial gains, and the dollar is pushing back above...

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Gold Technical Analysis – The NFP report increased the bullish sentiment

#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. 0:52 Technical Analysis with Optimal Entries. 2:32 Upcoming Economic Data....

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Week Ahead: Market Eyes Two Fed Cuts this Year ahead of June CPI

Four drivers are shaping the investment climate. First, ahead of the run-off elections in France, the market feels more comfortable that Le Pen will not secure a parliamentary majority. The French premium over Germany narrowed to 65 bp, falling by about 14 bp last week, and arguable a supportive factor for the euro. Second, the British election was largely a foregone conclusion, and Labour did secure majority. It ought not be construed as a shift...

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USDCHF sellers push the price to the low for the week. Price back below the 100 day MA.

Bearish bias in the USDCHF as the clock ticks to the end of the week and the new trading week

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NZDUSD trading near session highs for the week. Bias more in favor of buyers.

Sellers had their shot below 100/200 day MAs earlier this week

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AUDUSD runs higher & is breaking out in the process. Can buyers the keep the momentum going?

The AUDUSD moved outside the up-and-down trading range this week in a key break to the upside.

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