[GVI Forex 2]

JP, all depends on whether there are bids or stops below 1.1703 (low of the month)

[Mtl JP]

Who is Sebastian Lecomu?
the new Icarus

vas-y cocco

[Mtl JP]

EURO 1.1705
1.17 / 1.168-5ish should hold S

I am willing to find out
tia for comments

[Mtl JP]

GVI 5:45 traders trade that which they are dealt huh ?

and then, when they dont, they go to Gold

[Belgrade Bobby]

Opendoor Technologies Inc. Stocks – OPEN

Open went deeper than it should – savage profit taking…

It still can find a support – launching pad – either at 5.70 or 5.25

Lower than that would indicate a creation of the Top.

[Belgrade Bobby]

XRPUSD

Ripple continued today to higher high – 3.0365, and so far stayed short of the target that is at 3.1085

Now to be able to continue tomorrow in the same manner, it has to close tonight above 2.9690

Additional support at 2.8805

[GVI Forex 2]

Who is Sebastian Lecomu?

Sébastien Lecornu is a seasoned and rapidly rising French political figure, originally aligned with conservative parties before joining Emmanuel Macron’s centrist movement. He has held important roles from local governance to significant ministerial positions. Since 2022, he has been serving as France’s Minister of the Armed Forces, illustrating his deep involvement in both domestic and international politics.

 

 

[GVI Forex 2]

New French PM

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

JP, as I noted, billions, maybe more trade on NFP data that is questionable at best and subject to jarge revisions.

When was the last time the market traded on Durable Goods Orders?

Answer: A long time ago as the report is subject to large revisions.

[GVI Forex 2]

Trading Tip

US 10 year 4.068%… no FX reaction

TIP: INTRA-DAY CORRELATIONS WORK UNTIL THEY STOP WORKING

[Mtl JP]

Someone Help Me Plz

From cnbc home page:
“Job growth revised down by 911,000 through March, signaling economy on shakier footing than realized
Traders see a chance the Fed cuts by a half point
Worker confidence in finding a new job hits record low in NY Fed survey
S&P 500 little changed, Nasdaq falls from record as traders deal with economic uncertainty”

Do players believe there is “quality” in the BLS data release ?

As I look at the DLRX – 97.70 at 1:07 PM – I see 97.50/10 Sup and…
pushing away from 96.30 july low
for now at least

[Mtl JP]

EURO 1.1721
players are focussd on Th’s ECB rate
which atm appears to be a “hold”
It appears that player thoughts of ECB cutting are unvelcome thinking

Res 1.1750
Sup 1.1700

[Mtl JP]

USDYEN 147.24
currently under its 50dma

IF I had to I d be tilted south

[GVI Forex 2]

USDJPY

Watch 147.33 (tested and also cited earlier) as the level that would need to be broken to fully negate the downside risk although there are layers of resistance above it.

USDJPY 1 HOUR CHART

[GVI Forex 2]

XAUUSD (GOLD)

Is it time for XAUUSD to take a take a breather after the spike to another record high to 3674?

Only pointing out the risk that would need to break 3628 to suggest time for a pause.

Continue to watch 3650 as it will stay pivotal in setting the tone.

XAUUSD 1 HOUR CHART

[GVI Forex 2]

For the scalpers

Watch correlation with US bonds

For example,

10 year 4.091 => EURUSD 1.1715

then

10 year 4,076 => EURUSD 1.1726

[GVI Forex 2]

NAS100 (NASDAQ)

Hit a wall at 23867 but to turn it into anything more than consolidation, 23375=23471would need to be taken out.

NAS100 4 HOUR CHART

[GVI Forex 2]

US500 (SP500)

Upside looking a bit tired after failing to challenge its 6533 record high but would need to break 6483 to pressure the downside. Otherwise, consolidaiion.

In any case, 6500 remains pivotal, currently below it.

US500 1 HOUR CHART

[GVI Forex 2]

What’s hot and what’s not?

What’s hot?

Dollar catching a bid after trading lower overnight

Crude oil is up

What’s not?

Currencies down after giving back earlier gains

US bonds down (yields ticking up)

US stocks turning down

Bitcoin down modestly

What’s hot/not?

GOLD still up on the day but well off another record high

 

[GVI Forex 2]

US yields up (USD up) despite NFP benchmark revisions. Those looking ahead are keeping an eye out for PPI on Wed and CPI on Thurs

[GVI Forex 2]

USDCHF

More of a follower than a leader so watch EURUSD for a clue.

I took a double take looking at this chart where resistance is every 10 pips from .7956-96, bottom end holding so far

USDCHF 30 MINUTE CHART

 

[GVI Forex 2]

Revisions near top of the range… but little impact on Fed rate cut pricing

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[GVI Forex 2]

Consensus benchmark NFP revision -682K

[GVI Forex 2]

Newsquawk Stock Specifics

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[GVI Forex 2]

Newsquawk US Equity Open

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[GVI Forex 2]

GOLD extends record high on heightened geopolitical risk (see below)

Source: Try Newsquawk free for 7 days

 

 

[GVI Forex 2]

EURUSD headling back towards 1.1750 after finding support midway 1.1720-35… should not be a surprise as defense takes over ahead of the benchmark revisions

Preliminary NFP revisions data should not be big event but market will react, especiqally if outside the expected range.

[GVI Forex 2]

Looks like markets on hold waiting for the NFP benchmark revisions in about an hour.

[ST London]

How many are setup short usd waiting for benchmark revisions will tilt Fed to 50bps cut even though it is only to March?

[GVI Forex 2]

Traders likely bracing for this although more important final revisions are not due until Feb 2026.

BLS PRELIM BENCHMARK REVISIONS 

The BLS will release the preliminary 2025 benchmark revisions to the establishment survey at 10:00EDT/15:00BST on September 9th, 2025.

See detailed preview

 

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