[GVI Forex 2]

Newsquawk Asia-Pac US Opening News

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[GVI Forex 2]

100% tariffs on chips?

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[GVI Forex 2]

USDJPY

Lagging USD weakness and trading/consolidating within its 146.62-148.09 range.

Onus is on the bull side (are there any bulls?)  to regain 148+ or risk stays on downside.

USDJPY 4 HOUR CHART

 

 

[GVI Forex 2]

APPL shares up 5.10% today

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[GVI Forex 2]

More tariffs on Japan?

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[GVI Forex 2]

NAS100 (NASDAQ)

Break of 23302 indicates a shift in momentum shift to the upside BUT only if this level becomes support. Would the record 23729 high come on the radar.

NAS100 4 HOUR CHART

 

[GVI Forex 2]

US500 (SP500)

Continues to hit a wall at 6354 (61.8%), which needs to be broken to confirm an end of the retracement and shift into  short-term uptrend..

Otherwise more consolidation where 7292 needs o hold to keep 6354 on the radar.

Major levels: 6214 and 6441 (record high)

US500 4 HOUR CHART

[Belgrade Bobby]

Tesla Inc. TSLA

Tesla went above resistance at 318.20 and broke from Down wave .

Now we have to see how far it can reach

Resistances at: 330.50, 338.00 & 345.00

325.00 is a pivotal

Ultimate target at 373.25 as long as this lame channel holds.

[Belgrade Bobby]

Advanced Micro Devices Inc. – AMD

Why AMD (AMD) Shares Are Getting Obliterated Today

Shares of computer processor maker AMD fell 6.7% in the afternoon session after its second-quarter earnings report showed that a large inventory charge related to U.S. export controls on its data center chips overshadowed record revenue.

For now that mid channel support line at 158.00 held, but the picture is quickly starting to be negative.

For sake of AMD it has to stay above 151.90 or faces a significant dive with two possible levels as targets: 147.25 & 128.10

[Belgrade Bobby]

Amazon com – AMZN

Strong rebound today – 4% , but stayed below that MA5 just above the head , currently at 224.00

227.35 more important resistance – kind of pivotal

Above it targets 260.00, below 200.00

[Belgrade Bobby]

NIO Inc.

Nio still on defensive, but without breaking lower – good sign…

Supports: 4.45, 4.40 & 4.30

Resistances: 4.55, 4.70 & 4.90

To be able to return to Bullish mode it needs to get above 4.80 first and create a footing strong enough for attack at previous high at 5.20

[Belgrade Bobby]

Apple – AAPL Update

Apple took over both resistances ( 212.30 & 213.60) and is in front of most important one at 216.25

It is going into very Bullish close tonight and the last barrier should fall tomorrow…

Next bus stop in that case stays at 225.50

[GVI Forex 2]

XAUUSD (GOLD)

Support: 3358/50/40

Resistance 3380/85/90

Consolidating between 3350-90

Keeps a bid while above 3350 But upside limited unless 3390 is taken out..

XAUUSD 1 HOUR CHART

[GVI Forex 2]

Crude oil takes a hit on hopes on Russia-Ukraine

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[GVI Forex 2]

EUR is the outperformer today, most notably vs the CHF (EURCHF +0.55%)

EURUSD testing 1.1650

[GVI Forex 2]

Pressure from trump’s sanctions deadline?

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[GVI Forex 2]

Stock up on Swiss chocolates before Aug 7 tariff deadline

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[Mtl JP]

GVI 4:29 – 1.1650 NOT printing yet
is the whim, pleasure and toying by the evil unfriendly degenerate traders

screwing with lazy, simpletonian heads; enjoyable n delicious part is the frustration with linear geometric projections
not working out to the pip

[GVI Forex 2]

Power of 50

EURUSD high 1.1648

[Mtl JP]

1.1650

will it
wont it print today

does not look like a supply demand issue atm

I love this abush type of gaming
love the game of nerves on greed

[ST London]

usd quickly reversed when yields topped

ST 1
Algos ugh

[ST London]

Thank you correlation algos trying to buy usd on bump ip bond yields.

[GVI Forex 2]

US bond yields ticking up, perhaps ahead of the 10 year auction

10 year bond yield

[GVI Forex 2]

NAS100 (NASDAQ)

Resistance: 23302, 23326 (61.8%), 23729

Supports: 23009, 22946, 22824

Break of 23302 would indicate momentum shift to the upside but only followed by a break of 23385 (61.8%) that would confirm an end to the retracement.

Wide range: 22676 – 23729

NAS100 4 HOUR CHART

[Belgrade Bobby]

XRPUSD

Ripple is trying to take control and break out of this bearish wave.

To do so it has to go today above 3.00 and close accordingly.

Let’s speculate for a moment : XRP reaches above 3.00, hold onto the gains and attack resistance at 3.10

If it breaks above it a Bullish pattern would emerge – one that can lead it towards previous highs 3.65

If not, targets would be on the down side : 2.55 & 2.20

[GVI Forex 2]

What’s hot and what’s not?

What’s hot?

Any currency but the USD… led by EURUSD regaining 1,16+

US stocks up and trying to build momentum

What’s not?

US dollar across-the-board

US bonds (yields up slightly) but contined

[GVI Forex 2]

XAUUSD (GOLD)

Support: 3358, 3350, 3345-50

Resistance: 3378 (being tested), 3385, 3390

As suggested, consolidation within 3350-90, keeps a bid (i.e. on dips) while above 3350 worked out today.

XAUUSD 1 HOUR CHART

[Belgrade Bobby]

Apple Inc. – AAPL

Apple on Pace for Largest Percent Increase Since May

Apple Inc. (AAPL) is currently at $212.18, up $9.26 or 4.56%

Resistance: 212.30, 213.60 & 216.25

Supports: 209.30, 207.55 & 205.60

Close tonight above 208.20 would be Bullish for tomorrow.

In case Apple breaks above 216.25 it would open a road for first target at 225.50

[Belgrade Bobby]

DAX

Resistances: 23.995, 24.160 & 24.500

Supports: 23.805, 23.555 & 23.485

In order to get back in Bullish mode, DAX has to go above 24K or it will test support at 23.485 most probably.

As long as above that support it will have a chance to renew a Bull run…below…all bets are Off

[Belgrade Bobby]

Palantir Technologies Inc. – PLTR

After initial jump on second-quarter earnings report, PLTR continued towards mentioned target at 195.50

Supports now at : 175.00 & 172.50

I never discuss other people positions, but have to say one thing : never step in front of the speeding train….

[Author]

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