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.

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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AUDUSD buyers are making a play with a test of the 100 hour MA

The AUDUSD is currently experiencing a dynamic tug-of-war as buyers make a notable play by testing the 100-hour moving average (MA). The pivotal question arises: Can buyers successfully drive the price above the MA and maintain their position, or will sellers exert their influence and push the pair back lower? In this analysis, we closely examine the ongoing battle between buyers and sellers in the AUDUSD, discuss the significance of the 100-hour...

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The biggest mover to start the week is the USDCHF. What technical levels are in play?

Kicking off the trading week, the USDCHF takes the spotlight as one of the most significant movers. Presently, the currency pair is navigating between critical hourly moving average (MA) levels, shaping its price action dynamics. In this analysis, we closely examine the USDCHF's performance, discuss the importance of the key hourly MA levels, and explore potential scenarios for the currency pair's movements as the week unfolds. Stay informed and...

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USDJPY trades near MA/retracement support to start the trading week

As the new trading week unfolds, the USDJPY currency pair is showing notable price action near crucial technical levels. The 200-hour moving average (MA) and the 38.2% retracement of the most recent upward move are currently providing support for the pair. In this analysis, we closely examine the USDJPY's price movements, discuss the significance of the 200-hour MA and retracement level, and explore potential scenarios for the currency pair's...

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Week Ahead: Is the Dollar’s Run since Mid-July Over?

The US and China report July CPI figures in the coming days and they are likely moving in opposite directions. Headline US CPI is likely to rise for the first time since peaking in June 2022. China's CPI has been slowing and is likely to go negative on a year-over-year basis. It finished last year at 1.8% and in June was unchanged year-over-year. The divergence of policy is what is driving force of the exchange rate, and the    question is not...

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End of week technical look at the EURUSD as we head toward a new trading week

EURUSD back above 50% midpoint on daily chart and moving away from 100 day MA too

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GBPUSD ending European session near highs. Short term bias shows buyers “in play”.

End of week technical view of the GBPUSD as the clock ticks to close for the trading week.

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ForexLive Video: AUDUSD breaks higher but upside move is fading

The 100 hour MA and swing area was broken but seeing a rotation back to the downside

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USDCHF falls with the USDs decline after jobs

The USDCHF looks to test the 200 hour MA

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Some key technical levels in the USDJPY, EURUSD and USDCAD ahead of the jobs reports

The US and Canada to release jobs reports at 8:30 AM ET

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US Jobs Report and OPEC Statement Featured Ahead of the Weekend

Overview: The capital markets are calmer today but the US (and Canadian) jobs data stand in the way of the weekend. While equity markets are firmer, the rise in yields continues with new highs for the week being recorded today. European benchmark yields are 2-3 bp higher and the US 10-year Treasury yield is approaching 4.20%. Most of the large market in the Asia Pacific region advanced, but South Korea and Taiwan where the superconductor...

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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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EURUSD’s uptrend | Market Outlook with Exness

On this week's Market Outlook session with Exness, EURUSD's uptrend might continue after the completion of the current retracement around $1.09 depending on important upcoming data. Inflation in the eurozone has continued to drop and flash GDP while lukewarm has at least not been negative, with neither the eurozone generally nor Germany specifically in recession now by this measure. It might be possible to see the dollar index taking a break in...

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End of day technical look at the EURUSD, USDJPY, GBPUSD and USDCHF.

Be aware. Be prepared for the new trading day

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AUDUSD corrects higher today and retests a broken swing area

AUDUSD swing area comes between 0.6558 and 0.65667

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USDCAD sellers push lower but fall stalls at earlier low and retracement target

The 38.2% of the last trend move higher is stalling the fall at 1.3333 level

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USDCHF retests the 100 hour MA again, and finds willing buyers.

The 100 hour MA in the USDCHF is a key support/bias defining level. On the topside watch 50% midpoint on hourly at 0.8784.

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USDJPY moves lower despite the rise in yields.

USDJPY price tests (now breaks) the 100 hour MA.

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EURUSD continues to toy with the 100 day MA on the downside

The EURUSDs 100 day MA was briefly broken but could not sustain momentum. Remains a key barometer for both buyers and sellers.

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GBPUSD technicals are settling between 1.2600 below and 1.2700 above. Sellers in control.

The GBPUSD price is lower on the day, but there was a bounce off of targeted support area.

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