[GVI Forex 2]

FED RATE CUT WIDELY FORECAST

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

Source: Try Newsquawk free for 7 days

[ST London]

Hidden hand defending usdjpy 155?

[GVI Forex 2]

Trading tip: Testing strength of trend

• • The test of the strength of a trend is whether a retracement is followed by a new high (low) with the trend.
  • If not, then it gives a clue as well the other way (i.e. retracement or consolidation)
  • The same principle applies to intra-day trendS

Test of trend strength:

• • DJIA has passed with a new record high (ON CASH BUT NOT US30)
  • Jury is out on US500 and NAS100 as they rebound from the recent retracements

 

[GVI Forex 2]

If you want to see why stocks have surged higher anticipating the US government reopening, read this article

Markets Surge as U.S. Government Shutdown Nears End: Relief Rally Fueled by Liquidity Boost Expectations

 

[GVI Forex 2]

Newsquawk Daily US Opening News

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

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Is this a factor behind a weaker JPY (in our blog)

Is the Bank of Japan Truly Independent? The Takaichi Era May Put That to the Test

 

[GVI Forex 2]

Read between the lines (no rate hikes?)

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

Source: Try Newsquawk free for 7 days

[Mtl JP]

President Trump: what … me worried ? You bet I am worried !
–
As of November 11, 2025, Trump stated that a Supreme Court ruling against his authority to impose tariffs could trigger an economic “unwind” exceeding $3 trillion, calling it a “devastating” and potentially “non-sustainable” national security event. – Axios

Are equities valuations next bet and theme to trade ?

[GVI Forex 2]

USDJPY UPDATE

• Market taking path of least resistance selling the JPY, both vs. the USD and on its crosses.
• Break of 154.50 puts the psychological and pivotal (and potentially tough)  155 level on the radar.
• With no key levels until the 158.88 high of the year set in the first week, potential targets are at 156.50 and 158.00 should 155 be firmly broken and become support.
• If not, then 154.50 is the level that needs to hold to keep a bid.
• As alwaysm be on guard for verbal intervention but any attempts so far have been ignored.

USDJPY WEEKLY CHART

[GVI Forex 2]

XAUUSD (GOLD) UPDATE

• Consolidating between 4097-4149, so far unable to get through 4150 (“50” level) to challenge the key 4160 target.
• On the downside, 4097 is the bottom of the current range, 4071 is the level that needs to hold to keep current risk pointed up.

XAUUSD 1 HOUR CHART

[GVI Forex 2]

Forex Market Snapshot

• The dollar us trading mixed to firmer as equities continue to set a risk on mood
• JPY has been the underperformer, both vs the dollar and on its crosses
• USDJPY move above 154.50 puts 155 on the radar, more of as psychological than technical target.

[GVI Forex 2]

Very timely article n our blog

Markets Surge as U.S. Government Shutdown Nears End: Relief Rally Fueled by Liquidity Boost Expectations

[GVI News]

Nov 11 (Reuters) – The Dow Jones Industrial Average surged to a record high close on Tuesday, lifted by progress toward ending the longest U.S. government shutdown, while Nvidia and other artificial intelligence-related companies fell on renewed concerns about elevated valuations….

[Mtl JP]

Don’t know Charles Payne ?

FOX Business host Charles Payne breaks down the names driving the stock market rally on ‘Making Money.’

[GVI Forex 2]

USDX (US DOLLAR INDEX)\

Big picture:

• USDX has taken a hit with a pattern of 6 up green candles replaced by 4 red down candles.
• However, to fully negate the uptrend, a break of the trendline followed by a break of 98.59 are needed.
• A similar level in EURUSD (57.6% of USDX) is at 1.1668.

USDX DAILY CHART

[GVI Forex 2]

Newsquawk US Stock Market Wrap

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

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Newsquawk IS Market Wrap

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

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

NAS100 (NASDAQ) UPDATE

• NAS not used to lagging other stock indices on the upside but was the case Tuesday as it consolidates within a 25358 and 25713-83 range.
• Bulls will hang tough as long as 25358 contains the downside.

NAS100 1 HOUR CHART

 

[GVI Forex 2]

US500 (SP500) UPDATE

• U500 extending post government reopening news high while NAS100 lagged suggests some rotation out of tech names.
• Momentum building but faces a tough obstacle at 6890 ahead of the record 6934 high but keeps its bid (on dips) while above 6810.

US500 4 HOUR CHART

[Belgrade Bobby]

Opendoor Technologies Inc. Stocks – OPEN

Open stayed shy of support at 7.75 that I mentioned last night as an important level to hold for more advances ( actual low 7.78 )

It is now close to first target at 9.20 – once above it will attack 9.70

Pattern calls for  another push up tomorrow.

 

[Belgrade Bobby]

XRPUSD
Is Ripple just pausing before another push Up or this would be it…
For XRP to continue this move up and start a rally towards 3.20 and above, support has to hold now – and there are two: 2.3620 & 2.3065
Best case scenario would be tonight’s close above mentioned support at 2.3620 and next leg Up tomorrow , that would challenge 2.6975
However, loss of supports would push Ripple into re-testing major channel trend line at 1.9310

[GVI News]

In this bazarro trading world where bad economic news is good news for stocks (lower intetest rates) and gold goes up for the same reason.

[Mtl JP]

Comedy lines curtesy cnbc h/page:
–
‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings

AI stocks have been hit. Why this investor suggests buying the dip on Alphabet, other hyperscalers

[ST London]

Stocks rallying is more lile a typical US semi holiday markwt.

[GVI Forex 2]

EURUSD UPDATE

• Outperformer today, 2nd in line behind the CHF
• Current pattern: 5 green candles (up days) in a row
• Big picture: 1.1668 = key resistance… needs to be broken to fully confirm end of the downtrend.
• 1.1590 needs to hold as support to keep risk on a so far tough 1.16+,

EURUSD DAILY CHART

[GVI Forex 2]

BTCUSD (BITCOIN) UPDATE

• Finding 107000+ too tough and now dependent on 101362 holding to contain the downside.
• Watch 102000 as above it should find a bid.

BTCUSD 4 HOUR CHART

[GVI Forex 2]

NAS100 (NASDAQ) UPDATE

• Holding above 25358 to contain the downside but lagging others (SP500 back to ABOUT unchanged, DJIA up).
• Otherwise, no change… still short-term momentum down but contained, k..ey resistance still at 25783

NAS100 1 HOUR CHART

[GVI Forex 2]

US500 (SP500)

• Chart suggests beware of holiday thinned liquidity.(Right click on image to open a full screen in a new tab)
• Range 6810-31

US500 1 HOUR CHART

 

[GVI Forex 2]

XAUUSD (GOLD) UPDATE

• What caught my eye is not only a pause below the 4160 target but also just below the Power of 50 (4150) level.
• Downside so far contained by 4097, which is above the 4071 level that needs to hold to keep the risk pointed up.

XAUUSD 1 HOUR CHART

[GVI Forex 2]

Newsquawk US Equity Open

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

Source: Try Newsquawk free for 7 days

[Author]

Posts