[SF Monedge]

I think the dynamic may be changing for EurJpy from an overall sell bias going back a week or so to an overall buy bias from 162.80 – 163.00 areas.  Could see 164 in days to come.

[Ab hk]

With this kind of divergence, either a war is waiting for us, or Friday data is already leaked,

[SF Monedge]

I am short everything against Yen  including my ex-mother inlaw’s evil cape and broom.

[GVI Forex]

Lesson: Looking for divergence

Us bond yields rose sharply earlier to 4.40% (1o year) but the USD did not come close to retesting intra-day highs.

When yields backed off the highs, usd backed off as well.

[GVI Forex]

Lesson: Looking for divergence

Us bond yields rise sharply earlier tomorrow at 4.40% (19 year) but thrcUSD did not come close to retesting intra-day highs.

When yields backed off the highs, usd backed off as well.

[Mtl JP]

¡ay, caramba! que passa aqui ?

Gold 2284 new new HIGH , 10-yr 4.353
both romping higher at the same time is, recent-contemporary-historically, un-usual

[Mtl JP]

daly says
– no urgency to cut
— 3 cuts this year:reasonable

mester says
– she still expects interest rate cuts this year but ruled out the next policy meeting
*** thks loretta ***

[GVI Forex]

USDJPY 4 HOUR CHART – STILL STUCK IN 151-152

USDJPY in the second week in 151-152 and there seems no rush or pressure on the BoJ to intervene at tgis moment.

So it is sort of a stalemate for now but only below 151 would shift the foicus from 151 and suggest verbal intervention is doing the trick.

[GVI Forex]

Wed APR 3 12:10 p.m.

Speech — Chair Jerome H. Powell

Economic Outlook

At the Stanford Business, Government, and Society Forum, Stanford, California

[Mtl JP]

maybe not powell himself but some / most of his apostoles breathing a bit of a sigh of relief as
–
UPDATED TUE, APR 2 20241:59 PM EDT – cnbc
Dow drops more than 450 points as Wall Street starts second quarter on a sour note
– The Dow Jones Industrial Average fell for a second day, continuing Wall Street’s lackluster start to the quarter, as bond yields increased and traders lowered expectations that the Federal Reserve would cut interest rates in June. …/..

[SF Monedge]

If AudCad starts trading under 8830 it should accelerate slightly and lower for another buy side entry (hopefully under 20).

[GVI Forex]

US500 15 MINUTE CHART

As I have said if looking CFDs prices may differ between brokers, even with the same symbols.

This US500 chart is showing signs of a potential bottom (2 red AT lines) but would need a oush through the resistance lines to confirm.

Look for a similar pattern on your chart.

[GVI Forex]

XAUUSD 4 HOUR CHART – NEW HIGH

XAUUSD holding off an attempt at a retracement to set another record high. As I have been saying, with a void on top, the new high becomes key resistance.

Why> Perhaps some switching out of Bitcoin or just some risk-off flows.

On this chart, it needs to trade/hold above the former high (2266) to the new high at risk.

Key support is not a thought at 2228 as long as it stays above 2250.

[SF Monedge]

I like the buy side of AudCad from lower as posted earlier, but not against Yen so getting short AudJpy here around 9670’s.

[SF Monedge]

Getting short NokJpy around .9800

[Mtl JP]

USDCAD 1.3573
–
IMO low odds of BoC cutting on the 10th and niaahh about june cut.

Res 1.36
Sup 1.3520 – ish zone

[Mtl JP]

on deck:
–
12:00 – Williams
12:05 – Mester

13:30 – Daly

[Mtl JP]

EURO 1.0765
–
In light of 1.0725 basing, currently puppy would need to break out N of 75/80 to show some more strength
S 1.0695

I am ambivalent, just jabbing and stabbing opportunistically here.

[SF Monedge]

Took what I could from yesterdays buy in AudCad.  Will buy again if it dips further again.

[Mtl JP]

EURO 1.0765
–
ECB on Thursday with its policy decision.
Odds are HIGH that lagarde and her gang will NOT do anything.
May not as high as this weeks odds but odds of a pre-June cut are also high.

gaming ECB is like a kitten playing with a teenage mouse (ie not a life/death situation)

[Author]

Posts