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.

The US broader indices are lower with both the S&P and Nasdaq below MA levels.

What will keep the seller in control in the short term, and what are the next targets that give sellers more control?

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USDCHF breaks higher and moves away from 38.2% retracement.

The run higher resumes for the USDCHF after the stronger US CPI

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The Bank of Canada rate decision is ahead. What are the risks/rewards for the USDCAD now?

The USDCAD is higher after stronger US CPI data

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Kickstart the FX trading day for April 10 w/ a technical look at EURUSD, USDJPY and GBPUSD

The USD is higher, yields are higher and stocks are lower after stronger CPI

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US CPI, New Security Initiatives with Tokyo and Manila, Bank of Canada Meeting

Overview: The dollar has been confined to narrow ranges ahead of the US CPI report. Given the backup of US rates and the stronger-than-expected jobs growth, the greenback's performance has been unimpressive.

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EURUSD Technical Analysis – Key levels to watch ahead of the US CPI

#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. 1:30 Technical Analysis with Optimal Entries. 2:55 Upcoming Economic Data....

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UPDATE: USDJPY falls to MA support targets and bounces on the first test

Can the sellers push the USDJPY below the 100/200 hour MAs

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The NZDUSD and the AUDUSD are both trading higher for the day/week. What next technically?

The USD is moving lower in early US trading.

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USDCHF moves back below MA support tilting the bias back to the downside

The USDCHF has been in a less than 100 pip trading range over the last 2-weeks of trading.

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

What are the bias, the risk and the targets for the major pairs in trading today.

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Dollar Consolidates Softer Ahead of Tomorrow’s CPI

Overview: The dollar is trading with a softer bias in mostly narrow ranges against the G10 currencies. It did not rally much ahead of the US jobs data, and it was not able to sustain the upside momentum afterwards, despite the jump in US yields. Former St. Louis Fed President Bullard, who still has a strong reputation in the market, told Bloomberg TV yesterday that three cuts were his base case this year. The Scandis and Antipodeans are the...

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USDJPY Technical Analysis – WATCH OUT for the US CPI tomorrow

#usdjpy #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the USDJPY 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. 1:50 Technical Analysis with Optimal Entries. 3:36 Upcoming Economic Data....

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EURUSD/GBPUSD stretch to new highs on the day. The updated technical look for the pairs.

The EURUSD and GBPUSD are moving higher. GBPUSD tests 100 day MA in the process.

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AUDUSD moves above the 100 day MA as buyers make a play

Can the price of AUDUSD stay above the 100 day MA at 0.65967?

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USDCHF continues the ups and downs that has dominated the last two weeks of trading.

The USDCHF has now traded within 100 pips going back March 26.

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Kickstart the FX trading day for April 8 with a technical look at the EURUSD, USDJPY and GBPUSD

What technical are driving the FX market for April 8, 2024 with a technical look a the EURUSD, USDJPY and GBPUSD

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Will the Market Push the Dollar Above JPY152 as Japanese Prime Minister Heads to the US?

Overview:  The jump in US rates after the employment report failed to ignite a sustained rally in the dollar and this shaken the market's near-term confidence. The dollar has been mostly confined to narrow ranges and the low yielding Swiss franc and Japanese yen are softest with the G10 complex today. The dollar is knocking on JPY152. The Scandis and Antipodeans lead the advancers. The euro has made little headway despite a much stronger than...

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Gold Technical Analysis – BIG MOVE expected on the US CPI release

#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. 0:46 Technical Analysis with Optimal Entries. 2:14 Upcoming Economic Data....

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Kickstart the April 8 trading week w/ a technical look at the major currency pairs.

Discover crucial technical levels for major currencies vs. USD to enhance your forex trading strategy

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Week Ahead: Strong US Jobs Data Failed to Sustain Dollar Rally, Can the March CPI do Better?

The March US employment data were stronger than expected and lend support to the re-acceleration hypothesis and an extension of US exceptionalism. In Q1 24, nonfarm payrolls rose by an average of 276k. It was the strongest quarter in a year and compares with an average monthly job gain of about 251k in 2023. The unemployment rate slipped as the household survey jumped around 500k after falling in the previous two months. The workweek increased, and...

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