[GVI Forex 2]

Forex Marketr SNapshot

The dollar is trading softer today (exception vs AUD) in a market looking for the next catalyst.

US bond yields slipping slightly for the 2nd day may be a factor although lomng-term rates remain elevated at decade bigh levels.

Outperformer: JPY
Underperformer: AUD

Key focus: FOMC minutes

[GVI Forex 2]

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Insights you might not find elseewhere

Is a Steepening Yield Curve Good or Bad for the U.S. Dollar?

 

[GVI Forex 2]

S

COMING UP: Data: UK Inflation (Jul), EU Inflation Final (Jul)

.Events: FOMC Minutes (Jul). S

Speakers: ECB’s Lagarde. Supply: Germany, US. Earnings: Lowe’s.

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR – Clinging to support

Momentum: Up broken

Disappointing run to the upside after failing to test 30340 and hold above.30K+

Meanwhile, break of 29923 negates up momentum and leaves it dependent on 29000/110-29400 holding to keep the downside in check or face further risk on downside.

[GVI Forex 2]

US500 (SP500) 4 HOUR:  Turning defensive

Trend: Up but retracing      Momentum: Stalled

On the defensive and closing (marginally) below 7898 support, a level that needs to trade above to cool a retracement risk and avoid opening a void until 7604

[GVI Forex 2]

Newsquawk US Market Wrap: Stocks sold as tech weakness drags Nasdaq lower

SNAPSHOT: Equities down, Treasuries flatten, Crude up, Dollar up, Gold down

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

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Newsquawk US Market Wrap: Stocks sold as tech weakness drags Nasdaq lower

SNAPSHOT: Equities down, Treasuries flatten, Crude up, Dollar up, Gold down

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

Source: Try Newsquawk free for 7 days

[Adam Global]

BTCUSD started the week on a strong📈 footing, swiftly reversing a gradual weekly decline to trade near 65,045 on Tuesday after buyers 📈stepped in to defend the 63,000 region

[GVI Forex 2]

BTCUSD 4 HOUR -Trying to build momentum

Trend: Range until broken    Momentum: Short-term up

Trying to build momentum but so far stymied by 65K, above which is needed to put the key 65670 range top in play

[GVI Forex 2]

XAUUSD (GOLD) 4 HOUR: Momentum stalled

Trend: Up      Momentum: Stalled after a lower high

No change: For momentum to shift down after a lower high (4435 vs 4450), 4311 would need to be broken.

Back above 4367 would be needed to shift focus back to 4400..

[GVI Forex 2]

Market Update

Follow through proving limited with US500 finding support below 7700, EURUSD (and other dollars) trading in narrow ranges, crude oil remaiuns firm ut off its high.

[GVI Forex 2]

USDCAD 4 HOUR: Tariffs loom

Momentum shifting to the upside with an open door to 1.3959-64 should 1.3900 (former support) be firmly broken.

if not, upside will be contained.

Note there is a disconnect with firm oil as the focus shifts to New 50% Tariff on Canadian Goods: Section 338 Takes Effect August 19, 2026

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR – Supports cited

Trend: Broken or retracing?

Momentum: Up broken

Failure to hold 30K+ followed by the break of 29923 negates up momentum and makes it dependent on 29110-29418 (on this CFD chart) holding to keep the downside in check.

[GVI Forex 2]

US Pending Hoime Sales miss

Source: Try Newsquawk free for 7 days

[Mtl JP]

Allergy degenerate gamers delight

[Mtl JP]

EURUSD 1.1580-ish
–
Bias: uP
Res 1.1625 (green like, also magnet currently)
Sup 1.1530/20

IF n when pair pierces N of 1.1625+ and holds > 1.1750-ish comes on horizon

[GVI Forex 2]

US500 (SP500) 4 HOUR:  Key level cited

Trend: Up                       Momentum: Stalled

Chart is clear… 7698 needs to hold or face a void to 7604.

If 7698 holds, then keeps a bid as it consolidates

[Mtl JP]

99.58 at time of posting
gaming / trade idea:
trade the puppy from the short side, ie. pops are a sell
game based on numbers in gvi’s 11:58 post (i.e “so what” does it mean)

[Mtl JP]

GVI 11:58 / e x c e l l e n t post !
–
if I wculd wish for and get a pony:
make those 3 rate windows live n dynamic

[GVI Forex 2]

US PRE-MARKET MOVERS: Mag-7, FN, HD, ENRD, BBWI, ANF, KLAR

ES -0.4% NQ -1.1% RTY -0.3%

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

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

US bond yeilds

2 year

10 year

30 year

[Adam Global]

Oil 🛢  hit $85 as 🇺🇳 U.N secretary general calls for 🇺🇲 & 🇮🇷 to sort out complications causing oil 🛢 prices to rise while in the min-time hothi rebels in 🇾🇪 continues to attack 🇸🇦 oil tankers

[Adam Global]

Gold 💛below $4,345, a move that could encourage the bears📉 to dive all the way down to the $4,200📍 zone, marked by the inside swing high of July 6

[Adam Global]

GBPUSD has shifted into retreat after reaching a three-month📈 high of 1.3570. 📉Sellers are now challenging the supportive at 1.3530

[Adam Global]

AUDUSD has turned 📉lower after hitting a 14-month high near 0.7125, though it retains a constructive bullish tone, potentially awaiting a break below 0.7100 before extending the broader uptrend.

[GVI Forex 2]

Investor Sentiment

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

Source: Try Newsquawk free for 7 days

[ST London]

UK Labour Market: Softer demand persists beneath the surface

Employment rose by 84k (3m/3m), below both the Bloomberg consensus (+130k) and our forecast (+175k), while the unemployment rate held at 4.9%, against expectations for a fall

HMRC data showed a 13k drop in employee numbers in July. Payrolled employment has now fallen in each of the last six months, pointing to continued weakness in hiring activity (Lloyds Bank)

[GVI Forex 2]

Newsquawk Daily US Opening News – 18th August 2026

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

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Market Update: Risk off

US equities bearing the brunt of risk off with US500 needing to hold 7698 or face a 100 points void until next support (suggests 7700 will be pivotal)

EURUSD lagging with the downside so far contained above Monday’s 1.1562 low. A lower high (1.1585) blocks a return in focus to 1.16+.

XBRUSD: $90 is likely more important than any technical level in determining whether the current range is $85-$95 or $90-$100.

[GVI Forex 2]

XAUUSD (GOLD) 4 HOUR: Momentum stalls for now

Trend: Up      Momentum: Stalled after a lower high

For momentum to shift down after a lower high (4435 vs 4450), 4311 would need to be broken.

Otherwise, it is consolidation with minor support at 4367 needing to hold to keep the focus on 4400+ and away from 4310.

[Author]

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