[GVI Forex 2]

XAUUSD (GOLD)

Clinging to a lifeline with the 3345 break so far not following through (low 3341).

As noted earlier, there is a big void below 3345.

Intra-day, limited upside unless 3363-66 is regained.

XAUUSD 30 MINUTE CHART

[Belgrade Bobby]

ETHUSD – Ethereum

Ether reached a new high today, but is shy of going above the resistance at 4370.00 – so far

Break of would open a road to target at 5355.00

Resistances: 4370.00, 5015.00 & 5355.00

Supports: 4205.00, 4165.00 & 4065.00

Intraday pressure – Up

[Belgrade Bobby]

BTCUSD – Bitcoin

Resistances: 122.300, 123.280 & 125.000

Supports: 119.125, 118.300 & 116.350

As long as BTC can hold above 119.125 , direction is UP

Intraday pressure – Down – has to go above 120.535 to change it

[Belgrade Bobby]

EURUSD 4h

Resistances: 1.16150, 1.16400 & 1.16750

Supports: 1.15850, 1.15650 & 1.15500

Pressure Down

[GVI Forex 2]

What’s hot and what’s not?

What’s hot?

USD is firmer across-the-board… EURUSD has dipped back below 1.16, USDJPY testing 148

US bonds (yields down slightly but off earlier lows)

Bitcoin is up but off earlier high after spiking higher

What’s not?

All currencies other than the dollar

Gold is down sharply after failing to hold 3400

What’s Hot/Not?

US stocks mixed, NAS up, SP500 and DJIA down slightly

Will see if US CPI is hot or not on Tuesday.

[Belgrade Bobby]

Micron Technology Inc. – MU

Micron Boosts 4Q Outlook on Higher Prices, Strong Execution
Shares rose 4.7%, to $124.51, in premarket trading Monday. Through Friday’s close, the stock is up more than 25% in the past year.

Resistance at 129.85 – if/when taken out , MU will target 146.25

[Belgrade Bobby]

Meta Platforms Inc. – META

Meta is pausing for the 7th day just below previous high at 784.75

Supports: 766.20, 758.55 & 745.30

Break above 775.00 would renew the Upside pressure.

[Belgrade Bobby]

Intel Corporation – INTC

Intel Stock Rallies, With CEO Set for White House Visit Today
Intel CEO Lip-Bu Tan is set to visit the White House on Monday after President Trump called for his removal last week over ties to Chinese businesses.

·         Tan is expected to have a wide-ranging conversation with Trump, aiming to explain his personal and professional background, according to people familiar with the matter.

·         He could also propose ways the government and Intel could work together, they said.

·         Intel shares rose 4.5% Monday morning.

Resistance at 21.50

[Belgrade Bobby]

AMC Entertainment Holdings Inc. – AMC

AMC Pops After the Meme Stock Beats Earnings Expectations
AMC Entertainment Holdings reported strong quarterly earnings early Monday underpinned by a rebounding box office, sending shares of the movie-theater chain sharply up in premarket trading.

For any further achievements, has to take out first  3.50 and then 4.10

[Belgrade Bobby]

Nvidia – NVDA

Nvidia going for a new high – hurdle at 183.90

Target in 190.00 area

Support 182.00

[GVI Forex 2]

USD catching a bid

EURUSD testing 1.1600-10 (scroll for chart)

USDJPY remains bid but yet to regain 148

[GVI Forex 2]

Newsquawk Individual Stocks News

‘

Try Newsquawk free for 7 days

[GVI Forex 2]

Newsquawk US Equity Open

Try Newsquawk free for 7 days

[Belgrade Bobby]

NIO Inc.

As I said last night – Failure to conquer 4.95 – 5.00 wouldn’t be good at all – it might send Nio straight towards support at 4.45.

So kind of “ to make it or to break it” situation on hands.

It is early in the day, so sit on your fingers….

[Mtl JP]

GVI 12:54 / tight range
around 50 on the 5 – 15min charts

[GVI Forex 2]

EURUSD

You can see why 1.1610 is important (I am using 1.1600-10)

It has been one way since 1.1650, which remains pivotal while within 1.1600-1.1700

EURUSD 4 HOUR CHART

[GVI Forex 2]

JP, bid in an offered market or offered?

[GVI Forex 2]

US500 (SP500)

Plenty of support lines below the market but running into a tough resistance at 6409 blocking the 6441 record high.

US500 1 HOUR CHART

[GVI Forex 2]

NAS100 (NASDAQ)

Strong uptrend yet to set a new record high with a tough 23685 standing in the way of 23729.(record high)

NAS100 1 HOUR CHART

[GVI Forex 2]

Cracking down on tariffs enforecement

Try Newsquawk free for 7 days

[Mtl JP]

EURO 1.1622 as I type

I m skewering on a long here
as robot suggests
g/l to me

[Mtl JP]

Monday 11
–
DXY 98.44 at 7:51 AM EDT
Puppy looks “resting, at pause”
Res 98.40; Sup 98.10

Data deck is relatively bear today
later this week will see official numbers that are likely to offer little support to the dollar
Headlines and msm “interpreters” / propagandists appear to suggest the FED, gang still under Powell’s chairmanship, is increasing odds of a sept cut. Players are obliging by increasing the odds in swaps.

Next week’s Jackson Hole appearance and yikyak by the chair himself is evoking (my) visions of a pack of lions laying, panting, watching in tall grass and eyeballing their buddies hyeans further out, circling , tongues hanging out, also waiting for the chair to do a “Policy Pivot” dance and pirouet.

IF I have to pick a side I lean toward the dollar’s downside.

[GVI Forex 2]

[GVI Forex 2]

Reuters poll: Implies a steeper yield curve?

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[GVI Forex 2]

Newsquawk Daily US Opening News

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[GVI Forex 2]

USDX

Finding a footing above 98.00 after EURUSD failed to regain 1.17

Resistance at 98.35-53… a break of the top side would likely require a EURUSD (57.6% of the index) move towards/below 1.16.

USDX 4 HOUR CHART

[GVI Forex 2]

XAUUSD (GOLD)

Disappointing the bulls by a failure to establish a footing above 3400.

Now dependent on 3345-50 holding as support to keep the downside in check with a big void below it,,,intraday low 3354

Upside capped while below 3380… above it needed to put 3400 back on the radar..

XAUUSD 4 HOUR CHART

[GVI Forex 2]

Using my platform as a Heatmap shows….

… the dollar starting the week on a cautious note as markets look ahead to Tuesday’s release of U.S. CPI

EURUSD yet to shake its ficus on 1.1650

USDJPY has so far broken a 5 day pivot around 147 but remains below 148 in quiet trading with Japan closed for a holiday

GBPUSD is holding its bid following last week’s BOE split vote decision but remains below 1.35

Gold is sharply lower after failing to gain a footing above 3400

Cryptos in focus with Bitcoin sharp move up above 120,000 puts the record 123,202 high on the radar.

US stocks ate steady

US bond yields have slipped after firming to end last week

 

[GVI News]

THIS WEEK’S MARKET-MOVING EVENTS (all days local)

The upcoming week in global economics will be dominated by U.S. inflation and consumer spending data, both of which will heavily influence the Federal Reserve’s September policy decision. Tuesday’s July CPI report is expected to show a 0.2% monthly rise in headline inflation and 0.3% in the core rate, bringing the annual figures to 2.8% and 3.0%, respectively. Analysts see evidence that tariffs are increasingly pushing up goods prices, particularly in autos and core goods excluding autos, even as services and housing apply some downward pressure. Friday’s retail sales report is forecast to show a solid 0.5% monthly gain, fueled by strong auto sales, Amazon’s extended Prime Day, and state tax holidays. However, economists caution that the spending bump may not last as job growth slows and prices climb.

In Europe, the key release will be Thursday’s final Q2 GDP reading, expected to confirm modest 0.1% quarterly growth and a 1.4% annual increase. While French growth benefited from inventory accumulation, trade frictions remain a central concern—especially for Switzerland, which now faces a steep 39% U.S. tariff after failing to secure a deal. Inflation remains tame in major EU economies, and industrial production for June is expected to show a 0.5% monthly drop. Meanwhile, the ZEW sentiment survey for Germany is likely to retreat slightly from July’s highs, reflecting uncertainty over trade and growth.

In the Asia-Pacific region, the Reserve Bank of Australia is widely expected to cut rates by 25 basis points to 3.60% on Tuesday as inflation cools and labor market softness persists. China’s July data—covering industrial production, retail sales, and fixed asset investment—will offer fresh insight into the impact of U.S. tariffs on manufacturing and consumption. Japan’s Q2 GDP is forecast to show barely positive growth of 0.1% on the quarter, with both external and domestic demand providing only a slight lift. Across all regions, the common thread is the drag from ongoing trade tensions, shaping central bank policy paths and near-term economic momentum.

Econoday

[ST London]

One reason for Gold dipping

Clarification on U.S. Gold Import Tariffs

Last week, gold futures surged after news broke that U.S. Customs might impose tariffs on certain gold bars, causing disruption in trade. However, recent reports say the administration intends to clarify the ruling, suggesting some bars may be exempt. This removes a spike in demand caused by tariff fears.

Another reason

Easing Geopolitical Tensions

Gold’s appeal as a “safe-haven” asset is fading as geopolitical risks cool down. A key driver is the upcoming meeting between U.S. President Trump and Russian President Putin in Alaska on August 15, aimed at negotiating an end to the Ukraine conflict. This has dampened investor demand for gold.

And is there a correlation between Bitcoin up snd Gold down?

[Author]

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