[SF Monedge]

I will be out of the office tomorrow so just a quick note.  I do not see Sterling doing much over 1.300 and will be favoring the sell side, which is an addition to the sell side positions just established very lightly to start.  Since I am can be active in options, futures, or spot if I am making such notes it does not mean I am allocating to spot but just noting the price relation.  Enjoy

[GVI Forex]

Introduction to the Global-View Trading Club

[Mtl JP]

nikkei news:
“Weak Q2 growth and sluggish consumption put policymakers in hot seat”

policymakers in hot seat make me edgy.
what if they start to dump janet’s paper ?

[Mtl JP]

yield at 4.158%

BUT atm ccies are not corelatingly reacting
something s going on, what it is aint exactly clear

but I set my alert for if 4 or less is seen
not exact plan what I d do if anything if seen

tia for ideas

[GVI Forex]

BTC DAILY CHART – DOWNTREND => UPTREND

BREAK/CLOSE ABOVE 63824 CONFIRMS THE END OF THE DOWNTREND AND INTO AN UOPTREND.
‘
HOWEVER, TO PUT 70K AND THE RECORD HIGH LOOMING ABOVE IT, 65K WOULD NEED TO BECOME SOLID SUPPORT.

[GVI Forex]

WED: Bank of Indonesia Announcement, Republican Convention; UK CPI (Jun), EZ HICP Final (Jun), US
Building Permits /Housing Starts (Jun), Industrial Production (Jun)

[SF Monedge]

Still on the buy side of Sterling from earlier, see 1.3 perhaps, in case you missed it 1.2960 looks decent for a try to get in, and if it fails 40 should be decent.  Not much on the calendar to upset that so would take something of weight to upset it.

[Mtl JP]

I … like … simple … yeah !

[GVI Forex]

Keep it simple

US bond yields are back towards the lows of the day at pre-retail sales level =>> dollar slips

[GVI Forex]

JP, in that case the market would have done it for him so Fed would follow.

[Mtl JP]

so all that is missing now, besides donald and DJ screaming more low LOWER ! dollar

is for the bond crowd to push yield sub 4%

which would beg the Qtn what will jerome do ?
will he be wanting to cut IF the market will have done it for him ?

[GVI Forex]

US500 failed to make a new high

XAUUSD last 2462 so far maintaining the 2450 breakout

JP, markets trade more on expectations than actual event?

[Mtl JP]

100% !! how do you trade THAT eh ??

–

Traders see the odds of a Fed rate cut by September at 100% – cnbc

jerome is soooooo screwed
by his own doing though

[GVI Forex]

CDA CPI: Reading that a BoC rate cut is likely next week.

USCAD has a bid but is close to unchanged on the day.

Big losers have been the Australasian duo. Both down about 0.5%

[GVI Forex]

US2000 WEEKLY CHART – ON A TEAR

Russell 2000 has been on a tear…

Keeps the uber bid as long as it stays aboce 2146

[GVI Forex]

US500 4 HOUR CHART- RECORD HIGH LOOMS

Record hiu\gh is at 5669, just a few pips away. So far some hesitation but exposed if it can stay above 5650.

[Ab hk]

Should be more aware no stops above 2450

[GVI Forex]

 

XAUUSD DAILY CHART – NEW RECORD HIGH

The break aboive 2450 sets a new record high.

When in unchartered waters, the most recent high becomes the only resistance.

Otherwise, 2450 sets the tone… above it would put 2500 on the radar.

 

[Mtl JP]

GOLD 2453-ish

gold knows something

[SF Monedge]

Sterling R/R on the buy side is improving in the 40’s-50’s, high risk but that is the condition.

[Author]

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