[GVI Forex 2]

and dollar cbid cut short by dip in stocks…JPY getting safe haven flows

[Mtl JP]

between rollback of reciprocal tariffs, pause on electronics and looking for something to help auto cos, one could expect that a full on blownout tariff war is not in the cards. but that does not mean it is back to business as usual: market remains leary yet at the same time – stock-wise – remains hopeful.

DLRx prettywell sums up current market sentiment. imo

still puppy needs to hold S at 99 else dollar dumps more

[GVI Forex 2]

The Amazing Trader Story: How a Veteran Forex Trader Built a Powerful Trading Tool

[GVI Forex 2]

Dollar catching a bid… no news that I have seen

[GVI Forex 2]

BOC rate cur decision (Wed) ... see detailed preview

[Mtl JP]

USDCAD 1.3871

after 7 consecutive cuts “experts” are divided about what BoC will do with its interest today

TD’s experts suggest a cut
60% of experts surveyed by Reuters suggest no cut

[GVI Forex 2]

US500 4 HOUR CHART – Biding its time

No change in my view… For this bounce off the lows to be anything mote than a retracement. 5500+ followed by a break of 5629 (61/8%) would be needed.

Taking it one step further, one could make a case that US500 appears bid in an offered market unless 5500+ starts to trade.

If you take 5200-5500 as a range then the midpoint ay 5350 becomes a pivotal level.

[Belgrade Bobby]

EURUSD 4h

1.13250 support just below us

Resistance at 1.13700 & 1.13850

Tight game right now…

Pressure a bit more to the Up side – close of this bar above 1.13450 would be slightly more bullish intraday

[GVI Forex 2]

US OPEN

Generally positive sentiment but with recent pressure seen after China seeks to halt Boeing deliveries

Good morning USA traders, hope your day is off to a great start! Here are the top 6 things you need to know for today’s market.

6 Things You Need to Know

China orders a halt to Boeing (BA) jet deliveries as the trade war expands, according to Bloomberg citing sources.

US President Trump said they will put tariffs on imported pharmaceuticals in the not-too-distant future.

European indices at session highs, LVMH -7% after weak results; US futures are modestly higher.

DXY holds a downward bias whilst Antipodeans outperform.

Initial fixed divergence eroded by China-Boeing. Bunds subsequently hit by a poor Bobl auction

Gold lifted, Crude pushed into the red and Copper dented amid China trade retaliation.

Try Newsquawk free for 7 days

[GVI Forex 2]

EURGBP 4 HOUR – Extends retreat from .8738

EURGBP selling has been a dominant flow this week where the market, creating a tug-of-war where the market is having more trouble absorbing the GBPUSD buying than the EURUSD selling.
.8518 is key support

Back above .8600-15 would be needed to negate the risk.

Note, price action appears to be real-money sell orders, perhaps ahead of the ECB rate decision on Thursday.

[GVI Forex 2]

USDJPY 4 HOUR – Still consolidating

Continues to consolidate between 142.05-144.20 with a risk on the downside unless 143.59 and then 144.00-20+ are regained.

143 is pivotal while within 142-144.

[GVI Forex 2]

XAUUSD 4 HOUR – Consolidating

Retracement so far proving short-lived and confirms 3200 as the pivotal level going forward.

Current range: 3193-3245, consolidation while within it.

Only a break of 3193 would fuel a retracement.

For a new leg up, 4345-50 would need to be broken and become support.

[GVI Forex 2]

Using my platform as a HEATMAP shows…

the dollar trading softer in pre-Easter trading except vs a lagging EUR, which is softer on its crosses (note EURGBP) while EURISD Is again pivoting the 1.1350 level

Tariffs: Markets waiting for clarity… so far no trade deals. announced … what happened ti 90 deals in 90 days?

Gold has rebounded but remains below its recent record high

Stocks seem to be in a holding pattern waiting for clarity in tariffs

Economic calendar A quiet one from the U.S…focus remains on tariff related headlines

A word about the pre-Easter week: It is generally one dominated by position adjustments rather than taking on fresh risk ahead of what for many is a 4-day holiest weekend break.

[Adam Global]

who’s the best trader in here 😍

[GVI Forex 2]

A full calndar on Tuesday — click below for detauked’previews

TUE: RBA Minutes, UK Jobs Report (Feb/Mar), EZ Industrial Production (Feb), German ZEW Survey (Apr), Canadian CPI (Mar)

[Mtl JP]

SF Monedge checkout this out:

Stocks rally worldwide after Trump eases some of his tariffs on electronics, for now
NEW YORK (AP) — Stocks rose worldwide Monday after President Donald Trump relaxed some of his tariffs, for now at least, and as stress from within the U.S. bond market seems to be easing. – The Canadian Press

See any good co.s to short – like those that, for example, import a good portion of their gadgets or parts from China ?

[Belgrade Bobby]

USDCAD Daily

Loonie on the run

Resistances: 1.39100, 1.39450 & 1.40100

Supports: 1.38250, 1.37950 & 1.37450

Last line of defence is at around 1.37050

If lost, we are talking about Long Term Downtrend.

[Belgrade Bobby]

GBPUSD Daily

Going strong

Resistances: 1.32050, 1.32400 & 1.32750

Supports: 1.31500, 1.30600 & 1.30250

Overall target is at 1.34350

[Belgrade Bobby]

BTCUSD – Bitcoin Daily

Close tonight above 84.250 will make 86.100 ready not only for test, but for a break.

More important level to take care of is at 88.600 – break of would lead BTC straight for 94K

Supports: 84.250, 83.550 & 81.150

[Belgrade Bobby]

XAUUSD – Gold Daily

Going higher under perfect angle.

Needs to close tonight just above 3210.00 to be able to continue Up tomorrow.

Otherwise, it might be open for a consolidation/correctional phase.

Targets 3255.00 & 3320.00 further on.

Supports: 3195.00, 3170.00 & 3115.00

[Belgrade Bobby]

EURUSD 4h

1.12950 held nicely today.

Daily close above it would signal another daily leg Up tomorrow.

As for the 4h chart, current resistance is at 1.13500/550

1.13850 follows after it.

Takes a close of 4h bar over 1.13600 to put EUR in an attack position for Up.

[GVI Forex 2]

EURUSD getting smacked down back below 1.1350…

The flow?

Look at EURGBP (.8334 => 8305… LOD)

[GVI Forex 2]

Trump offers a fig leaf to autos

 

Try Newsquawk free for 7 days

[GVI Forex 2]

Trump offers a fig leaf to autos

Try Newsquawk free for 7 days

[SF Monedge]

I am still holding the stocks I bought a week ago from the lows when people thought the sky was falling.  Same with Yen futures.  I just cashed out on Yen and almost surely the stocks, only to get back in around 0068 Yen.  Markets are like clockwork right now.

[Mtl JP]

EURO 1.1366ish
–
tuesday = german ZEW
thursday = ECB. markets s expecting a 25bps cut (2.25 atm)

ECB suits will be making the “difficult” decision balancing crappy econ prospects (what they call econ headwinds) with tariff related inflation as they percieve

[GVI Forex 2]

Nasdaq back to flat, Russell in the red.

[GVI Forex 2]

It is taking a little time today to get one’s trading bearings… what has worked as a guide to the risk tone is look at US500 5500 and treating the bounce as being limited unless this level ia taken out.

Looking now, stocks, while still up on the day, have given back a chunk of the earlier gains.

Thw JPY is getting some of the safe haven flows. AUD has lost its outforerming status.

[GVI Forex 2]

EURUSD back above 1.1350 (still the focal point) after earlier gyrations that saw the USD rally fizzle

..

[GVI Forex 2]

Stocks hit after the cash oipen… dollar followed… pre-Easter trading

[Author]

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