[Belgrade Bobby]

FX option expiries for 6 April 10am New York cut

With it being Easter Monday and all, expect it to be a quieter session in European morning trade today. With no major expiries in play, price action is likely to stay more muted amid a lack of key catalysts.

[Belgrade Bobby]

EURUSD 4 H

EUR trying to pull out from the downtrend, but 1.16500 so far untouchable.

Resistance in front of it at 1.15950   Supports at: 1.15400 & 1.15150

[GVI News]

What is bullish engulfing mean in charting?

A bullish engulfing pattern is a two-candle reversal signal in technical analysis that suggests downtrend → potential upside reversal.

It forms over two consecutive candles:
1. First candle: bearish (price closes lower than it opens)
2. Second candle: bullish (price closes higher than it opens)
• The body of the second candle completely engulfs the body of the first

[Adam Global]

ßitcoin bullish engulfing 📈 is attracting buyers but still battling the $70K mark 🎯

Maybe bullish engulfing will continue 🤔

Maybe $70K will be rejected 📉 yet again 🤔

[Adam Global]

GOLD opened lower 📉

Found support on 4600.00 📈

Rejecting the 4700.00 📉

Every 1 is waiting for the ISM data to see if Gold will hold bullish gain or more bearish 📉 is expected

[Adam Global]

GBPUSD hit my Tp 🤑 on Friday on 1.3200

Triple bottom is spotted on 1.3200

But the daily channel is still holding GBPUSD down

[Adam Global]

AusUSD is bouncing above 0.6900

Even though its a holiday momentum seems to be upward 📈

The channel 📈 seems to be holding the trend up

[Adam Global]

With oil 🛢 opening higher

& the situation in the middle east shows no end in sight

Possible cease-fire seems impossible

Trumps deadline which is 2mrw & has shifted multiple 🤔 times

The straight of hormuz is open to friendly countries like China 🇨🇳

[ST London]

Any agreement without opening the Strait is no agreement

Betting on a ceasefire is the hope but a long shot.

What happrms to the Tuesday deadline if Iran rejects?

Too much risk to suggest follow through in a holiday market?

[GVI Forex 2]

Newsquawk Daily US Opening News – 6th April 2026

• US President Trump posted on Saturday that time is running out, and there are ‘48 hours before all Hell will reign down on them. He also reiterated his threat to Iran to open the Strait, or they will be living in hell, and posted “Tuesday, 8:00 P.M. Eastern Time!”.
• The Pakistan Army Chief reportedly held separate calls with US VP Vance, Envoy Witkoff and Iran’s Araghchi, according to a Reuters source report. A proposal for a final agreement was outlined, and if agreed, it would lead to an immediate ceasefire and the reopening of Hormuz.
• Crude choppy on geopolitics with losses this morning amid ceasefire efforts.
• US equity futures tick higher on improved risk tone; European equities closed for holidays.
• DXY dips below 100 as crude eases on war-ending efforts.
• T-notes rise, ISM Services and Trump comments ahead.
• Looking ahead, highlights include ISM Services PMI (Mar) and comments by US President Trump.

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Marfket Update

Pivotal levels: EURUSD 1.1550, US500 6600., XBRUSD $110

            EURUSD                                    US500                      XBRUSD

[GVI Forex 2]

USDX (USD INDEX) 4 HOUR

More on the defensive while below 100.33 with layers of support frpo, 99.09-50

To build momentum to the downside, EURUSD (57.6% of USDX) would need to take out 1.1627-40) in a market currently held hostage to geopolitics and attempts to diffuse the crisis.,

[GVI Forex 2]

XBRUSD (BRFENT OIL) 4 HOUR

Little choice but to turn defensive amid peace proposals and after the opening of the week high failed to test $!!%

Key support is at 108.92, needs to hold or risk a void on the downside.

[GVI Forex 2]

XAUUSD (GOLD) 4 HOUR

Getting a lift from the shift in mood to risk on but so far only able to test the midpoint of a 4600-4800 range.

To build momentum to the upside, 4700 would need to be come support followed by a firm 4800 break.

Key support is not until 4530, currently protected by 4600.

[GVI Forex 2]

Forex Market Snapshot

The mood has shifted from a risk off start to risk on on reports of an attempt at a ceasefire and peace talks in a holiday thinned market.

Thai has seen the USD slip, led by the AUD and NZD as markets trade on hope awaiting further details.

[GVI Forex 2]

Market Update

(Peace plan: 2 phase starting with a 45-day ceasefire)

Source: Try Newsquawk free for 7 days

[Mtl JP]

GVI Forex 2 10:06 pm

One could think it is Trump who getting crazed:

the question would be WHY is he sooooo wired up about something – the strait – that is (?) immaterial to US crude supply

 

 

[GVI Forex 2]

In out blog

USD Index, Crude Oil, and Stocks: The Savvy Trader’s Personal Outlook on Market Trends and Key Levels

[GVI Forex 2]

Newsquawk Daily Asia-Pac Opening News – 6th April 2026

• US President Trump posted on Saturday that time is running out, and there are ‘48 hours before all Hell will reign down on them, citing the previous ten-day deadline for Iran to make a deal or open up the Strait of Hormuz. Trump separately posted that “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!!”, while he reiterated his threat for Iran to open the Strait or they will be living in hell
• US President Trump told Fox News that he believes he can get a deal with Iran by Monday and said Iran is negotiating now, but also stated that he ideally will take Iranian oil if Iran is unwilling to make an agreement.
• OPEC+ eight members agreed to raise quotas by 206k bpd for May, although the increase is seen to be symbolic and will predominantly exist on paper as key members are unable to boost output due to the Iran war.
• Looking ahead, highlights include Singapore Retail Sales, Indian Services & Composite PMIs, Holiday Closures in Australia, New Zealand, China, Hong Kong, Taiwan, Thailand, EU & UK.

Source: Try Newsquawk free for 7 days

[GVI News]

U.S. President Donald Trump said ​his deadline for Iran to open ‌the Strait of Hormuz or face attacks on critical infrastructure is Tuesday evening, ​according to an interview ​he gave to the Wall Street Journal ⁠on Sunday.

[GV World]

ETHUSD (1W)

Ethereum is fluctuating close to $2000, and is bound by the 4877-878 price range over several years. According to many traders and analyst, the crucial pivot point stands around 2151. Failure to return to this level keeps the bearish outlook intact. An upside break from it turns the tide bullish, with a target of $2395.

[GVI News]

MOSCOW/LONDON – OPEC+ has agreed in principle to raise its oil output quotas by 206,000 barrels per day for May, three sources with knowledge of the group’s talks said ahead of its meeting later on Sunday, a rise that will largely exist on paper as its key members are unable to raise production ​due to the U.S.-Israeli war with Iran….(Reuters)

[GVI Forex 2]

In our blog; Price of crude should continue to drive markets

Brent vs WTI: Which Crude Oil Benchmark Should Traders Follow in a Volatile Global Market?

[GVI Forex 2]

In our blog: A full calendar plus anOther deadline…See detailed previews

Newsquawk Week Ahead In Focus: 6-10th April

Highlights include Trump’s Iran deadline, US CPI, PCE, ISM Services PMI, FOMC Minutes, RBNZ and OPEC+

[GVI Forex 2]

BTCUSD (BITCOIN) 4 HOUR

Clearly a case of glass half empty or glass half full

Glass half empty: Failure on repeated attempts to regain 0K+ is bearish

Glass have full: Failure to establish below 65K is encouraging to the bull side

Until BTCUSD can decide on its role, safe haven, correlation with risk on/off or just a digital., spec asset with no intrinsic value, expect more chop until the battle for 65K-70K is decided.

Current range: 64920 – 69262

[Mtl JP]

GVI Forex 2 3:33 / what might be some extreme surprise wild headlines that would fall in the -1 and +1 percentile ref Bell Curve distribution

 

[Mtl JP]

Still a trading and top theme,
in the short term
–
Trump Loses Grip as Oil Surge Signals Deeper Crisis

“loosing grip”
lies, delusion, fog, rogue-iness, facts

[GVI Forex 2]

No suprise to see a quiet day but there have been no shortage of headlines, and expect more over the weekend

[GVI Forex 2]

S&P Global Services PMI dips blow 560… ISM PMI is more important to markets

Source: Try Newsquawk free for 7 days

[Mtl JP]

priorities …

White House seeks $1.5 trillion defense budget amid Iran war

…“The budget builds upon the historic $1 trillion overall defense topline for 2026 and requests $1.5 trillion in total budgetary resources for 2027,” the document reads. “This is a $445 billion, or 42 percent, increase from the 2026 total resource level.” …/..

defense budget … slip of tongue ?

[Author]

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