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.

USDCAD is racing higher as the sellers fail, and the buyers continue to trend higher

The price is breaking to highest levels since 2020. The next target on the topside is at 1.4348

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

A technical lookfor the EURUSD, USDJPY and GBPUSD for December 17, 2024

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Gold Technical Analysis – The rise in real yields is weighing on the market

#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. 0:44 Technical Analysis with Optimal Entries. 1:47 Upcoming Catalysts...

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NZDUSD tries to shift the short term bias higher

Getting and staying above the 100-hour MA at 0.5780

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GBPUSD and EURUSD move higher, but there is work to do to tilt the bias more to the upside

GBP/USD and EUR/USD are climbing higher, breaking key levels. GBP/USD eyes 1.2700, while EUR/USD faces resistance at 1.0525. Traders watch for sustained moves to gauge market bias.

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AUDUSD sellers remain in firm control.What would turn that sellers control around?

In this video, I outline what the buyers would need to do to turn the bearish bias around. Absent that, and the sellers are more in control.

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USDCAD stretches higher and is testing a swing high target from 2020

With the USDCAD trending higher, it is more about what turns the technical bias lower

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A technical look at the major 3 indices to start the new trading week

US stocks are higher and yields are lower. The USD is mixed.

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USDJPY Technical Analysis – The rise in Treasury yields drive the pair higher

#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. 1:14 Technical Analysis with Optimal Entries. 2:28 Upcoming Catalysts...

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Week Ahead: Fed to Cut, but Should it? BOJ and BOE to Stand Pat, but Should They?

(Happy Holidays. Daily Commentary will resume on January 6.  January monthly will post on January 4) The Swiss National Bank and the Bank of Canada delivered 50 bp rate cuts last week, and the European central bank cut by a quarter-point. The monetary easing cycle looks set to carry into next year. The Reserve Bank of Australia remains on hold and a stronger than expected employment report dampened speculation of a cut in Q1 25. The US CPI was in...

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EURUSD sellers keep the pair below moving averages for most of the week….

...but the support floor stalls the fall. What next going into the new trading week?

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GBPUSD sets the key levels to eye in the new trading week with the price action today

Sellers in the GBPUSD are more in control heading into the new trading week.

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NZDUSD testing floors from 2022 and 2023 . Can the floor be broken?

Swing lows from November 2022 and 0.57397, and October 2023 and 0.5772 are being tested this week. Break below increases the bearish bias. Stay above and a rotation higher would be eyed

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AUDUSD sellers remain in control but with a key floor area on the downside being tested

The AUDUSD floor area going back to November 2023 between 0.6334 to 0.6363

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USDCAD extends to a new 4+ year high. What discredits the bullish bias in the short term?

It is up to the sellers to take back control. What would give them even a small victory?

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What is moving? Technicals in play for the 3 major currency pairs to start the new day

A technical look at the EURUSD, USDJPY and GBPUSD

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Japan’s Tankan was Uninspiring and UK Disappoints with Contracting Economy in October

Overview: The US dollar is mixed against the G10 and emerging market currencies to finish out the week. Among the G10, sterling and the yen are the heaviest. Japan's Tankan survey was unimpressive and does nothing to reanimate speculation of a BOJ rate hike next week. Sterling has been dragged down by unexpected news that the economy contracted in October for the second straight month. The euro is being aided by the unwinding of cross positions...

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Gold Technical Analysis – The focus has switched to the FOMC decision

#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. 0:47 Technical Analysis with Optimal Entries....

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NZDUSD trades near lows for the day and the year.

NZDUSD trades in between a swing area between 0.5741 to 0.5771.

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USDCHF runs higher after surprise 50 bp cut by the SNB. What next?

The SNB cut rates to 0.50% from 1.00% on the back of lower inflation

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