[GVI Forex]

NAS100 4 HOUR CHART — RISK OFF

STOCKS UNDER SOME PRESSURE WITH NASDAQ USING NAS100 (CFDS MAY HAVE DIFFERENT LEVELS BUT THE PATTERN SHOULD BE THE SAME)

Looking at this chart shows 17533 as a key level with a void of support below it.

[michael Calif]

Option Profile continues to confirm a top in nearby USD futures above 106.00  EURUSD will rally from any dips

[Mtl JP]

bare calendar
–
15:20 – guindos yaks

[SF Monedge]

Expecting a slight rebound in Aud pairs here before it declines toward AudUsd 6400 again.

[GVI Forex]

BTC DAILY CHART – IS AIR COMING OUT OF THE BUBBLE?

Similar to XAUUSD 2300-2400, BTC has seen moves outside of 60000-70000 lack follow through.

This is close to being tested with the key level around 59561-59561 and 60000 looming below.

So watch the close vs 60000 with the onus on the Bulls to have it trade above it.

[SF Monedge]

GbpUsd should see the 2420 area again in coming days after oscillating around the mid to high 2550s.  Side note that was a really big miss on consumer confidence.  Consumer not happy.  Wages still rising.  Fed must be exasperated.

[Belgrade Bobby]

EURUSD 4h

As long as this bar stays below 1.07100, chances are for the downside – pretty clear till 1.06750.

For an Up move, what I don’t like is that Uptick in previous Bar – unless something unexpected happens, for any move up we need Time at the first place….several bars..

[Belgrade Knez]

CB Consumer Confidence fell below 100 …… last time it was below 100 was in August 2022

 

[SF Monedge]

Like testing the sell side of EurCad here in the 8920’s

[GVI Forex]

Big downside miss in CB Consumer Confidence

SEE OUR ECONOMIC CALENDAR

[Belgrade Knez]

US data didn’t took out daily low on EU …… if it doesn’t at NY cut, we are back on the up move again

[GVI Forex]

CHI PMI – big miss on the downside

PMI is said to be heavily influenced by Boeing operations.

[Belgrade Knez]

Bobby 1:26 pm

I didn’t know you can control market direction by your trades 😉 …… I will keep in mind for the next time 🙂

 

[GVI Forex]

Chicago PMI due shortly, Subscribers get the data minutes before the public release.

[SF Monedge]

Went long yesterday EurGbp around 8530 but it is having issues around 8550 so cashed in and now flat and looking to be long again and hold on any attempt to go find lower value.

[Belgrade Bobby]

LOL Knez, why didn’t you say so 😀 We could’ve pushed it sooner 😀

[Belgrade Knez]

Bobby 12:23 pm

I did care as I was short ….. 🙂

 

[SF Monedge]

I believe AudUsd should pull back up in coming hours to around 6525 where there is a good R/R to short and hold if  you missed it for a few days if it sticks.  Overall Aud is a nice buy especially against crosses so my preference is to be long those crosses.  Usd has rate dominance overall so if it is selling it is just smaller cycle.

[GVI Forex]

XAUUSD 4 HOUR CHART – HAS THE BUBBLE BURST?

The jury is still out in XAUUSD as the bulls need to keep closes above 2300 to maintain a 2300-2400 range and a pattern where moves outside of it lack follow-through.

As I noted yesterday, bias within this range is tilted down as long as it stays below 2350.

Now it needs to hold 2291 and keep closes above 2300 or risk points lower.

[SF Monedge]

I believe we see Dxy 106.50 eventually while the BoJ continues to disrupt the flow along the way.

[Author]

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