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.

EURUSD trades higher on the day and looks toward key resistance at 1.0610 area

The 1.0610 area is home to a cluster of resistance. Will the sellers lean? Or will the squeeze continue?

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VIDEO: A look at all the major currency pair vs the USD after the US jobs report

Get yourself in synch with the market technicals for the major US currency pairs after the US jobs report

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Kickstart your FX trading on October 6 with a technical look at EURUSD, USDJPY and GBPUSD

What technicals are driving the markets in the EURUSD, USDJPY and GBPUSD to start your October 6, 2023 day.

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US Employment Data to Determine Whether the Greenback’s Rally since mid-July is Over…Maybe

Overview: One key issue for market participants is if the dollar's pullback is the beginning of something important or is largely position adjusting ahead of today's US jobs report. We suspect that the dollar's rally that began in mid-July is over, though a strong employment report that boosts the chances of a Fed hike before year-end could quickly demonstrate the folly of making claims ahead of what is still one of the most important reports in...

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USDJPY Technical Analysis

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

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What are the key technical levels in play for USDJPY through the US jobs report

A look at the technicals to the upside and downside through the US jobs report

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The EURUSD tests/breaks 200 hour moving average

EURUSD ticks above swing area on the daily chart at 1.0533

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GBPUSD extends above 200 hour MA. Can the buyers keep the momentum going now?

The GBPUSD is above the 200-hour MA at 1.2159. Staying above would be more bullish and have traders looking toward the 38.2% retracement of the trend move lower.

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AUDUSD rises sharply higher in the Asian session and then erases gains. What now?

The price of the AUDUSD is now settling below the 100 hour MA at 06354 and above support at the low from last week at 0.6331.

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Crude oil bounces off swing area support

The price of crude role has fallen sharply over the last 6 trading days and shared nearly $13 off the commodity. The low price today reached a key target area near $82.35. The low price today reached $82.40. In this video I outline the level.

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USDCAD trades to a new high, but only by a few pips. What next technically?

Traders will be watching 1.3736 as close support in the USDCAD. Find out why in this video.

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Kickstart your FX trading on October 5 with a technical look at EURUSD, USDJPY and GBPUSD

What technicals are driving the markets in the EURUSD, USDJPY and GBPUSD to start your October 5, 2023 day.

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Markets Continue to Struggle

Overview:  The markets remain unsettled. Follow-through dollar selling has been limited today after yesterday's pullback. Narrow ranges are prevailing, but the Norwegian krone and Canadian dollar, the weakest G10 currencies in recent days, are heavier again today. Although it seems that the BOJ did not intervene earlier this week, but the dollar bulls has been chastened just the same and the greenback is holdings below yesterday's high...

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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

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What is driving the AUDUSD in trading today?

IN this video, I take a look at the AUDUSD and explain the technicals that are driving the pair in trading today.

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NZDUSD sellers had their shot,but 100/200 bar MAs on 4-hour resistance remain a key target

The 100/200 bar MAs on the 4 hour chart come in near the 0.5930 area

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NASDAQ index ticks back above its 50 hour moving average/swing area/38.2% retracement

Buyers are making a play in the short term for the NASDAQ index. Can they keep control?

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USDJPY stays within the technical range. What next?

The USDJPY has defined technical support and resistance. To break, move above the the 200 hour MA or move below the 50% retracement. FInd out where those levels are in this video.

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EURUSD tests a key support target for buyers and sellers.In this video I will explain why

The EURUSD has key support at 1.0483

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USDCAD trades to a new session high as crude oil comes under pressure

USDCAD trades to the highest level since March 24. What next?

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