[GVI Forex 2]

This was posted in real time earlier and it is nice when something trades like a textbook (bounced right off 154.50)

Now dependent on 154.50 holding to keep focus on 155 and away from 154.

USDJPY UPDATE

• Range: 154.50-155.04… 155 stays the focus as long as trade is above 154.50

USDJPY 4 HOUR CHART

[GVI Forex 2]

Newsquawk US Stock Market Wrap

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[GVI Forex 2]

NAS100 (NASDAQ) UPDATE

• Still lagging and needing to take out 25783 to build momentum for 26000.
• Otherwise, still dependent on 25358 on holding to contains the downside from exposing the opening week gap.

NAS100 4 HOUR CHART

[GVI Forex 2]

Newsquawk US Market Wrap

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[GVI Forex 2]

US500 (SP500) UPDATE

• These levels still guiding:
• Pause below key 6890 leaves it dependent on 6800-10 holding to keep a bid (on dips).Low on the dip 6832.

US500 4 HOUR CHART

[Belgrade Bobby]

Robinhood Markets Inc. Stocks – HOOD

Hood is still on defensive , but picture is starting to change …

If it manages to break above 134.65 tomorrow, the tide would turn to Bullish

There is 124.20 Support and as long as it is intact we can have a new rally.

[GVI Forex 2]

Newsquawk US FX Wrap:  JPY amd GBP

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[GVI Forex 2]

Newsquawk US FX Wrap

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[Belgrade Bobby]

Opendoor Technologies Inc. Stocks – OPEN

“Pattern calls for  another push up tomorrow” I called last night – and what a push that was – 10.50%

As Open took out barrier at 9.20 , now next target is waiting at 9.70

If it manages to go over it, conquest for way higher levels would start

Level that starts to emerge as a longer term target is at 13.30

[GVI News]

JP you described a hidden hand

BoJ known to work behind the scrnes

I read earlier 157-160 may be its line in the sand zone

[Mtl JP]

bostik
–
“Moving policy lower risks feeding the “inflation beast.” – at the Atlanta Economic Club on Wednesday

[Mtl JP]

everybody seems to be arguing … even the “experts” at Jerome’s FED if one is believe Nick T

The Fed Is Increasingly Torn Over a December Interest-Rate Cut
As data went dark from the government shutdown, inflation hawks pushed to pause rate cuts at a contentious October meeting. The divide might not end soon.

The Fed Is Increasingly Torn Over a December Rate Cut
As data went dark, inflation hawks pushed to pause rate cuts at a contentious October meeting. The divide might not end soon.

and some folks complain about “dictatorship”. How is endless bickering and confusion working out, eh ?

[ST London]

Merry go round trading

Bitcoin down
Gold up
Usd down
Nasdaq down, djia up to new record (rotatipn on tech valuation concerns)

[Mtl JP]

“Hidden hand”
–
there is nothing Hidden hand – childrens’ tale.
katayama been screaming that sharp, “one-sided” FX moves are being watched with a “high sense of
urgency”. maybe intro course to japanese would help

[GVI Forex 2]

USDJPY UPDATE

• Hidden hand or not test of 155 (high 155.04 repelled.
• Now dependent on 154.50 holding to keep focus on 155 and away from 154.
• Lower US yields and some cooling of risk on may be factors

USDJPY 4 HOUR CHART

[GVI Forex 2]

US500 (SP500) UPDATE

• Post US government reopening rally paused below 6890 , leaving it dependent on 6800-10 holding as support to keep a bid.

US500 4 HOUR CHART

[GVI Forex 2]

XAUUSD (GOLD) UPDATE

• 6 green (up) candles in a row
• Break of 4150-60 leaves just the pivotal 4200 level ahead of putting the record 4380 high on the radar..
• Keeps a bid while above 4150-60.

XAUUSD  DAILY CHART

.

[GVI Forex 2]

Lower US bond yields (flatter yield curve) not helping stocks, weighing on USD, boostiog GOLD

[GVI Forex 2]

Good post from ST… EURUSD 1.1563 => 1.1584

Eurusd keeping a bid out of eurjoy and eurgbp

[GVI Forex 2]

NAS100 (NASDAQ) UPDATE

• NAS still lagging other indices and came close but again stalled below 25783..
• Bulls will still hang tough as long as 25358 contains the downside. Below it would expose the opening week gap.

NAS100 4 HOUR CHART

[GVI Forex 2]

US500 (SP500) UPDATE

1. Extending reopening high but still faces a tough obstacle at 6890 ahead of the record 6934 high.
2. On this chart, keeps its bid while above 6810.
3. Intra-day support 6846-56.

US500 5 HOUR CHART

[GVI Forex 2]

GBPUSD UPDATE

• Path of least resistance continues to be selling GBP via its crosses, most notably EURGBP
• Market having more trouble absorbing USD buy side of the cross
• GBPUSD, meanwhile dependent on 1.3150ish holding to prevent another run at 1.30

GBPUSD 4 HOUR CHART

[ST London]

Bobby

Eurusd keeping a bid out of eurjoy and eurgbp

[GVI Forex 2]

AUDJPY UPDATE

• Another tug-of-war: AUD up, JPY down vs USD
• 102.35 is last line of defense before a big void on top
• Intra-day: Keeps srong bid while above 101.10, below it cools but does not negate upside risk
• Note CHFJPY bid as well suggests switch to JPY as favored funding currency

AUDJPY WEEKLY CHART

[Belgrade Bobby]

FX option expiries for 12 November 10am New York cut

There are a couple to take note of on the day, as highlighted in bold below.

The first being for EUR/USD at the 1.1550 level. That sits close by to the 100-hour moving average, seen at 1.1555 currently, so the expiries could help to keep a floor on price action as we navigate through European trading at least. That as the pair continues in a bit of a consolidation pattern under 1.1600 since the start of the week.

Then, there is one for GBP/USD at the 1.3100 level. The pound saw a bit of downside pressure after the softer UK labour market report yesterday but is balanced out by a meandering dollar as well. The key hourly moving averages at 1.3117-39 remain the more critical near-term points, so the expiries may not factor in too much besides providing a bit of a floor on any downside drive during the session ahead.

And lastly, there is one for AUD/USD at the 0.6500 mark. Similar to the other two pairs, the key near-term levels remain more of interest here. The 100 and 200-hour moving averages at 0.6510-15 should help to keep a floor on price action, which has also traded more sideways since the start of the week after having nudged back just above the figure level.

[Belgrade Bobby]

EURUSD Daily

Resistances: 1.16050, 1.16250 & 1.16700

Supports: 1.15650, 1.15500 & 1.15300

Move below 1.15400 would indicate continuation of the down trend, while break above 1.16250 would start paving the road for Uptrend.

[GVI Forex 2]

EURGBP UPDATE

• Near 3 year high
• Tug-of-war between EURUSD (lagging) and GBPUSD (weaker)
• Use today’s high as only resistance
• .8800 now pivotal in keeping a bid pointed higher

EURGBP MONTHLY CHART

[GVI Forex 2]

US30 (DJIA) UPDATE

• New record high (marginally) above 48000
• 48000 is one of those key big figure (round number) pivotal levels
• If solidly above it then talk will be for 50000
• If below, still keeps a bid as long as it trades above 47339

US30 4 HOUR CHART

[GVI Forex 2]

Newsquawk Pre-Market Movers

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[GVI Forex 2]

FED RATE CUT WIDELY FORECAST

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