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.

GBPUSD stays below key cluster of upside technical targets keeping sellers in play/control

The GBPUSD is below 38.2% and 200 day MA

Read More »

USDCHF stays below a cluster of resistance keeping sellers in controlo

Cluster of resistance in the USDCHF at 0.8900

Read More »

AUDUSD stays below the 38.2% and is back below the 100 day MA

AUDUSD sellers are still holding onto control

Read More »

Kickstart your FX trading for November 16 with a look at the EURUSD, USDJPY and GBPUSD

The technical look at 3 of the major currency pairs for November 16

Read More »

Dollar Consolidates Amid Rate Volatility

Overview: The dollar is consolidating its recent moves as interest rate swings continue. The US two-year yield has traded in a nearly 28 bp range in the first two sessions this week, and near 4.88% now, it is 18 bp lower since last Friday's close. The 10-year yield is slipping below 4.50%. It reached almost 4.70% on Monday and had fallen to almost 4.40% yesterday. Part of this reflects the shift in overnight rate expectations. The implied yield of...

Read More »

S&P 500 Technical Analysis

Here's a quick technical analysis on the S&P 500 with some fundamental background. For more visit ForexLive.com

Read More »

NZDUSD buyers lean against the 100 day MA and bounce the pair higher

The 100 day MA stalled the fall in trading today in the NZDUSD. That level was broken yesterday, tilting the technical bias more to the upside on the longer term chart. Staying above is important for the buyers today and going forward.

Read More »

USDCHF stays below key technical resistance at 0.8900. Cluster of resistance at the level.

USDCHF resistance at 0.8900. USDCHF support down to 0.8851. The battle is on between levels.

Read More »

AUDUSD attempts to break key resistance levels but falls short

Buyers of AUDUSD face obstacles as they try to surpass the crucial 38.2% retracement and swing area above 0.6522.

Read More »

Kickstart your FX trading for November 15 with a look at the EURUSD, USDJPY and GBPUSD

Kickstart your Forex trading day with a technical look at 3 of the major currency pairs for November 15

Read More »

The Pendulum of Fed Expectations Swings Too Hard

Overview: The capital markets' reaction to softer than expected CPI was too much. The implied yield of the December 2024 Fed funds futures fell by 25 bp as if the October's CPI was worth a full quarter-point rate cut next year. US two- and 1-year yields are around two basis points higher today and the dollar is mixed, with the euro and sterling under the most pressure. China's data were uninspiring, and more stimulus is in the pipeline. Japan's Q3...

Read More »

WTI Crude Oil Technical Analysis

Here's a quick technical analysis on WTI Crude Oil with some fundamental background. For more visit ForexLive.com

Read More »

AUDUSD skyrockets, targets key moving average

Biggest surge since January; AUDUSD gains momentum after US CPI data, eyeing 100-day moving average.

Read More »

Kickstart your FX trading for November 14 with a technical look at the EURUSD, USDJPY and GBPUSD

The USD moves lower after the tame CPI data. What next for the EURUSD, USDJPY and GBPUSD.

Read More »

SNB’s Jordan: I’m not sure whether if the terminal rate has been reached

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.

Read More »

US CPI Front and Center, but Can Congress Avert a Government Shutdown?

Overview: The dollar is somewhat better offered today ahead of the October CPI report. The US House of Representatives may hold a vote today on a continuing resolution to avoid a partial government shutdown at the end of the week. Narrow ranges have prevailed. Most emerging market currencies are firmer, though paradoxically, the South Korean won is the weakest, despite a strong equity market rally (~1.2%), encouraged by the first in increase in...

Read More »

EURUSD Technical Analysis

Here's a quick technical analysis on the EURUSD pair with some fundamental background. For more visit ForexLive.com

Read More »

CHF traders take note – SNB Chair Jordan is speaking on Tuesday

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks...

Read More »

AUDUSD corrects higher to 100 hour MA and finds sellers. Snaps 5 day slide though.

The AUDUSD corrected higher to the 100-hour moving average and found willing sellers. The move to the upside snapped a 5-day slide. That is the good news. The not-so-good news for the buyers is the sellers remain in control below its 100-hour moving average.

Read More »

NZDUSD finds support at key levels, awaits next move

The NZDUSD tested swing and moving average support before bouncing back. Traders are watching for a breakout above 0.5906 or a drop below 0.5870 for further direction.

Read More »