June USD futures should begin to stall out near 106.50, per Option Profile
powell : higher rates need more time to do their thing
euro tested 1.06
Mtl, we can change it to Mid Azerbaijan time instead if you like 😀
And same goes for Gold – Weekly
Read a prophecy like article on it here 😀
hey GV why can’t the timestamp be GMT or ET instead on central Kazakhstan ?
at bottom of hour: – williams coming out to yak
lagarde let some of her fantasies slipout earlier: – “Lagarde says ECB will cut rates soon, barring any major shocks; notes ‘extremely attentive’ to oil” – reported by cnbc
really my preference : anal-i-tical time seems to be all-the-time time
And who is that Civilian from California 😀
USDJPY
That Blink of the eye move….that is what happens when people get indulged in intraday trading and can’t see the big picture…
Here comes the Daily
for us, our Option Profile still suggests a top in June Gold futures above 2400 from the Feb 14 lows (starting @ 2421)
XAUUSD 1 HOUR CHART – CONSOLIDATION
i asked yesterday whether gold was in consolidation or correction mode.
Price action suggests the former as long as it stays above 2324, a stronger bid if it can trade above 2362.
On the other side on a move above 2431 would end the consolidation.
As posted earlier — this is logical
Fed VP Jefferson sounds more hawkish, which could be a prelude to Powell later.
Geopolitics
Iran threatens to attack Israel with weapons it has ‘not used before’ as it gets military support from Russia
April 16, 2024 at 3:31 pm GVI Forex kNEZ, or someone got screwed on its order fill.
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well, it’s zero sum game so for such move someone has to get screwed for them to make money
kNEZ, or someone got screwed on its order fill.
THIS BLOG ARTICLE IS WORTH READING AS IT INCLUDES A PRIMER ON DIFFERENT TYPES OF INTERVENTION
Trader Alert: Will the Bank of Japan Intervene and Does Forex Intervention Work?
one big move in JPY and now back to where it was ….. someone really made nice money and run some stops
April 16, 2024 at 3:00 pm GVI Forex USDJPY 5-MINUTE CHART – BLINK AND YOU MISSED IT
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even if you didn’t blink, it’s hard to jump in to the running train
USDJPY 5-MINUTE CHART – BLINK AND YOU MISSED IT
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