[GVI Forex 2]

XAUUSD (GOLD) 1 HOUR

Downtrend consolidating within 4500-4600 with 4529 so far holding as support guarding 4480-00 below it.

Otherwise, market remains hostage to the risk on/off mood and rising bond yields, which have been an added weight on gold.

[GVI Forex 2]

Forex Market Snapshot

The forex, along with other global markets, remains in a wait-and-see mode to see if the no peace, no war stalemate will be broken one way or the other.

This has seen the dollar firm with AUD and NZD umderperformance siggesting risk off but so far not confirmed by US equities. in what is setting up as another headline driven day.

[ST London]

Which headline should we believe?

Trump claims Gulf allies requested he hold Iran attack for 2-3 days because deal ‘very close’

Or

No deal, no exit: How US-Iran standoff risks fresh conflict

[Belgrade Bobby]

Apple Inc Stocks – AAPL

The AI momentum trade is back in a big way. And it looks like it’s here to stay for a while. So the logical question? How to play it, of course.

One technical analyst, Ari Wald of Oppenheimer & Co., thinks the thing to do is load up on Nvidia, Amazon, Apple, and Alphabet

[Belgrade Bobby]

Nvidia Corp Stocks – NVDA

NVIDIA Corp  NVDA is expected to show a rise in quarterly revenue when it reports results on May 20 for the period ending April 30 2026.

Expected to post earnings of $1.76 a share

The current average analyst rating on the shares is “Buy” and the breakdown of recommendations is 57 “strong buy” or “buy,” 3 “hold” and 1 “sell” or “strong sell.

[Belgrade Bobby]

BTCUSD – Bitcoin Daily

BTC was hit by 181 Mio$ in long liquidations in 24h.

Crypto wide liquidations were $ 804 Mio, with about $ 700 Mio Longs, adding downside pressure on Bitcoin.

76K is  very importnt level right now and if lost 68K will come under pressure once again.

[Belgrade Bobby]

Market Retrospective Today

 

[GVI Forex 2]

COMING UP: Data: Japanese GDP (Q1), UK Jobs Report (Mar/Apr), Average Earnings (Mar), US ADP Employment Change Weekly, Canadian CPI (Apr). Events: RBA Minutes (Apr).

Speakers: RBA’s Hunter; BoE’s Breeden; ECB’s Lane; Fed’s Waller. Supply: The UK, Germany.

Earnings: Home Depot.

[Belgrade Bobby]

EURUSD Daily

After losing the sharper Uptrend angle, and EMA 50 at 1.16900, last resort for EUR is a support waiting at 1.15650.

Loss of would open a road for test of 1.13650 – Main barrier in front of possible drop to 1.05800

Resistances: 1.16600, 1.16800 & 1.16900

[GVI Forex 2]

Newsquawk US Market Wrap: Markets chop to geopolitics while Trump holds off on immediate Iran attack

SNAPSHOT: Equities mixed, Treasuries steepen, Crude choppy, Dollar down, Gold up

(Right click on any image (or chart) to open a full screen in a new tab)

See full report: Try Newsquawk free for 7 days

[GVI Forex 2]

NAS100 4 HOUR CHART

AI vs bonds

Score one for bonds as NAS100 turns defensive but only a break of 28661 and 28551 would open a void on the downside, which is contained while above it.

Key resistance on is at 28406.US500 (SP500) 4 HOUR

[GVI Forex 2]

US500 4 HOUR CHART

On the defensive but finding repeated support at 7355-60 and preventing 7322-45 from being exposed.

On the upside, a break above 7439-57 is what is needed to put 7500 back in play.

Otherwise, it is more of the same  game show, Do You Trust This Headline?

[GVI Forex 2]

XAUUSD vs BTCUSD

XAUUSD: Bounce from sub-4500 gives hopes to the bull side and confirms this aS the pivotal level but only a break of 4584 and the trendline would shift the focus from it.

BTCUSD: Remains hostrage to the risk on/off mood so keep an eye on whether it continues to correlate. If the range is 76-80K, then 78 is pivotal. If range is 75-80K, 77500 is pivotal in setting its trading tone.

XAUUSD                                                       BTCUSD

[GVI Forex 2]

Just enough to cool, not reverse  risk off

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Market Update:Oil up, watch for any ripple effects

A US official tells CNBC the Iranian state media report that the US has agreed to lift oil sanctions while talks are ongoing is false. (Newsquqawk)

EURUSD                                    US500                                      CBRUSD

[GVI Forex 2]

The other focus: UK politics

GBPUSD up sharply, GBP crosses up as well (note EURUSD follows with lag as EURGBP down sharply)

]

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Saw some risk off but not the only focus

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Risk takes a modest hit… cautious reactions until news is confirmed

 

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

NAS100 4 HOUR CHART

Bounce from above key support needs to break 29407 to negate the downside risk and shift the focus back to the record high.

On the downside, no stops to run unless today;’;s 28856 low is taken out.

 

[GVI Forex 2]

US500 4 HOUR CHART

Getting a reprieve from geopolitical headline news but would need to break 7456 to negate the downside risk and shift the focus back to 7500+.

No stops to run on the downside unless the 7359 low is taken out.

[GVI Forex 2]

UK politics giving GBP a lift, including vs. the EUR, which has helped cause the latter to lag (EURUSD so far holding 1.1657 on top) as seen by these 1 hour charts

EUTRUSD (lagging)         EURGBP (down)               GBPUSD (up)

[GVI Forex 2]

Risk on gets another lift (oil dips)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

US PRE-MARKET MOVERS: REGN, F, D, RAMP, UNH, BIO, NOW

ES -0.2% NQ -0.1% RTY -0.1%

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Alert: .Giving risk on a lift

Source: Try Newsquawk free for 7 days

[Adam Global]

ßitcoin 📉 backing down to $75K

Everybody’ thought ßitcoin might go 📈 back up above $100K after breaking $80K

[Adam Global]

EURUSD is retracing 📈 last week’s sell off

Now with the G7 meeting discussing 🇮🇷 & energy impact on the economy

 

[Adam Global]

💛 GOLD 💛 dropped 📉 during Asian session finding support 📈 on 4500.00

Now 4555.00 is resisting 📉

Many are selling 📉 GOLD  & aiming for 4455.00 as TP 🎯

[Adam Global]

Oil 🛢 rising 📈 yet again as 🇺🇸 says 🇮🇷 is running out of time they should make a deal ….🇮🇱 & 🇺🇸 had a phone 📲call 📞 over the weekend about 🇮🇷

Many are worried the strikes 🚀🚀🚀 will continue soon

[GVI Forex 2]

US 10 YEAR BOND YIELD

[GVI News]

Bonds spoil the AI party

A bond market crunch meets the AI boom. Aggravated by still-rising oil prices, accelerating inflation, and the threat of higher interest rates and rising government debt estimates, the bond market has been spooked again, casting a pall over AI-obsessed stock markets.

The U.S. Treasury long bond yield has hit its highest level since before the Great Financial Crisis in 2007, with 30-year yields topping 5.159%, while 10-year yields have jumped to their highest in more than a year…more on Reuters

[Author]

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