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.

Kickstart your FX trading on October 13 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 13, 2023 trading day?

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Dollar Steadies after Yesterday’s Surge, Oil Jumps Ahead of the Weekend while Yields Soften

Overview: The capital markets seemed to have an exaggerated response to the US CPI, where the headline rate, flattered by the rise in energy, rose by 0.1% in September than forecast. Rather than decline, the headline year-over-year rate was unchanged at 3.7%. The core rate was as expected slowing to 4.1% from 4.3%. Next week's US data, including retail sales, industrial production, existing home sales, and the index of leading economic indicators...

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Gold Technical Analysis

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

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The USD is surging after stronger CPI, a crummy auction and a surge in yields

The 10 year yield is up 12 basis points. US stocks are lower. The USD is moving higher vs all the major currencies.

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NZDUSD falls to MA support. Do buyers stick a toe in the water here?

The NZDUSD price is approaching the 200 bar MA on the 4-hour chart. Do buyers stall the fall?

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USDCAD corrects higher and extends to 200 hour MA. Can that MA now be broken?

The 200 hour MA comes in at 1.3660 in the USDCAD. Can the buyers make the next push?

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Some key technical levels are in play in USDCHF. Find out what levels are key going fwd.

The USDCHF broke above its 200 day MA at 0.90216, but has found willing sellers at its 100 hour moving average. Key levels for both buyers and sellers are in play.

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AUDUSD sellers push the price lower but with one more hurdle to increase the bearish bias.

Sellers need to get below the 200-hour moving average of 0.63708 to increase the bearish bias.

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Kickstart your FX trading on October 12 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 12, 2023 trading day.

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Greenback Consolidates Ahead of September CPI

Overview: The dollar is mixed against the G10 currencies. It is confined to narrow ranges ahead of today's CPI report. The Russian ruble is the strongest of the emerging market currencies following the imposition of new capital controls, forcing many exporters to repatriate their foreign earnings. After posting a key upside reversal at the end of last week, gold continues to recover. It nearly $1883 so far today, the best level in more than two...

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EURUSD Technical Analysis

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

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EURUSD can’t keep momentum going. Back below 50% midpoint.

EURUSD runs to swing area target on break higher but reverses lower

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AUDUSD trading up and down within a range. What defines the range & potential breakpoints?

The AUDUSD has support near 0.63927 and resistance near 0.6435

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USDCAD stays in the up and down range. Swing area above. 200 bar MA on 4-hour chart below.What next?

The USDCAD is remaining within the trading range from yesterday defined by a swing area up to 1.36125, and the 200 bar moving average on the 4 hour chart at 1.35714

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Kickstart your FX trading on October 11 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 11, 2023 day.

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Bonds Extend Recovery

Overview: Broadly speaking, the dollar's recent pullback was extended today but the momentum appears to be slowing, perhaps ahead of tomorrow's US CPI report. The Dollar Index slipped to its lowest level since September 25 before steadying. The greenback is mixed as the North American market is set to open. The dollar bloc and Swedish krona are the underperformers. The Swiss franc is the best, up about 0.2%, while the yen and euro are little...

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WTI Crude Oil Technical Analysis

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

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GBPUSD looks toward 50% retracement target. Key target to get to and through now.

GBPUSD buyers push to a new session high and highest level since September 22`

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EURUSD making a break for it. Find out by watching this video.

The EURUSD buyers are making a play on the hourly and the daily chart. Find out why that is so important.

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AUDUSD trades up and down today, but holds support area on dip

The AUDUSD has traded up and down today but has done a good job of holding the 50% of the range since end of September high.

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