[GVI Forex 2]

Rumors of Fed intervention?

Reminder that the Treasury is responsible for forex policy, not the Fed

[GVI Forex 2]

US stocks rebounding… dollar follows

[Belgrade Bobby]

MTL JP – you are right – this is full blown financial war going on.

[Belgrade Bobby]

EURUSD Daily

1.12950 stampede upon…

1.17500 in sight now

1.14950 might be a hurdle hard to jump over in this moment, but in days to come it should give a way as well

Right now our world is rotating within 1.03500 & 1.21600 – Bullish

[GVI Forex 2]

US OPEN

DXY slumps & havens lifted after China raises tariffs on US goods to 125%

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 unveils additional tariff measures on US goods; to raise additional tariffs on US goods to 125% from 84%. Effective April 12th.

China’s Finance Ministry says “if the US continues to impose additional tariffs on Chinese goods exported to the US, China will ignore it”.

European indices hit after China raises tariffs; US futures modestly lower into bank earnings.

DXY slumps to a 99.01 low after China increases tariffs on the US; EUR outperforms.

Bonds lifted by China’s latest retaliation but remain on track to end the week with significant losses.

Base metals underpinned by hopes of Chinese stimulus.

Try Newsquawk free for 7 days

[GVI Forex 2]

XAUUSD 1 HOUR CHART –  3200

Now that 3200 has been breached (new record high at 3227), it becomes the pivotal level that needs to hold to maintain an uber bid although 3187 is chart support.

Next target? No reason to guess when in unchartered waters so keep an eye on 3200 for a clue

[GVI Forex 2]

Using my platform as a HEATMAP shows

…the dollar getting smashed across-the-board , led by the EUR, as the trade war with China heats up… main laggard is the AUDUSD… EURUSD
looma, should be tough

US bond yields remain elevated while stocks are down…as noted higher bond yields and falling stocks are a bad combination for a currency (e.g. selling of dollar assets)

Gold continued to move highernew record, surging past 3200

Looking ahead: US PPI, U of M consumer sentiment

Watch inflation expectation in U of M consumer sentiment
U of M consumer sentiment

[Adam Global]

💰🤑💵

[Mtl JP]

SF Monedge you old salt … what is the biggest ever move inside 5 minute bar on record that u know of
—

I have no proof but I am suspecting this is now financial war and financial bombs exploding

[Mtl JP]

I am seeing some gaps

but not playing yet
personal choice

[Mtl JP]

feel the earth move ?

euro 1.1275 to 1.138x inside of 5 mins

liberation …

[GVI Forex 2]

1.1274 is a key 2+ year res… then a void

[michael Calif]

Euro futures rally from 1.02-.03 was predicted late 2024.  Who now thinks Euro will retreat to 1.09 or move higher to 1.15 ?  gtwo3

[GVI Forex 2]

iN OUR BLOG

Did Donald Trump Back Down on Tariffs? Forex Implications and Market Reactions

[SF Monedge]

Markets are not crashing.  Just a little wash out. Rebalancing. I have been on both sides of the fence and so have my good traders.  No losses in 3 months.  GVI helps.

[SF Monedge]

You know I saw that coming JP.  I bought at the very low and people start singing songs.  Right move.  Sold at the high and being patient for a day or three.

[SF Monedge]

Same sentiment roughly.

[GVI Forex 2]

NAS100 4HOUR CHART – Up like a rocket

Having just about completed a 40% retracement NAS100 is in limbo as only a break of the low would trigger fresh liquidation selling.

To signal more than just consolidation, a move above, 19222 would need to be firmly broken.

FIBOS for 22222 => 16389

[GVI Forex 2]

US500 4HOUR CHART – Consolidation?

Having just about completed a 50% retracement US500 is in limbo as only a break of the 4798low would trigger fresh liquidation selling.

To signal more than just consolidation, a move above, 5488-5520 would need to be firmly broken.

 

[GVI Forex 2]

XAUUSD 4 HOUR CHART –  Next target

To make a run at 3200, the former record high at 3168 would need to become support.

Expect support on any decent dip above 3136.

 

[GVI Forex 2]

USDJPY 1 HOUR CHART – Double bottom but…

Double bottom around 144.00 (hidden hand) but would need to regain 145+ to slow the risk, only above 147.13 and 148.14 would negate it.

Below 144 would make the case for 143.50 and 142.00.

[GVI Forex 2]

Chineese stocks taking a hit on this but remember the only voice that counts is what Pres Trump says

Try Newsquawk free for 7 days

[Belgrade Bobby]

BTCUSD 4H

Bitcoin managed to stay above 75K on two attempts at support.

Resistances at: 81.500, 84.650 & 88.850

If it succeeds to close tonight above 81K, there is a good chance of a move for 85K tomorrow.

[Belgrade Bobby]

GBPUSD Daily

Solid move up, but not even close to what EUR did – difference coming from EURGBP cross

Resistance at : 1.29950, 1.30050 & 1.30250

Supports: 1.29100, 1.28450 & 1.27500

Takes more advances tomorrow and above 1.30050 for me to see it Bullish.

[Belgrade Bobby]

EURUSD 4h

Supports: 1.11500, 1.11250 & 1.10950

Resistances: 1.12450, 1.12750 & 1.12950

We should see next wave of a correction/consolidation phase, prior to another attempt up.

[Belgrade Bobby]

NIO Inc.

We can call today’s move on Nio – proof of life.

But, it couldn’t even challenge a bit the resistance at 3.55

Unless it continues tomorrow straight down, we might be seeing some base creation here.

Has to stay above 3.00 for that to happen

[ST London]

Another trend day in US session where it felt to me like they were covering shorts but if so then there’s a way to go

[Adam Global]

Tell Eur to hit my TP

Aiming for 1.12500

[Adam Global]

Made $122 today

Gold is back breaking all highs 

[ST London]

EurUsd 1.1214 was the 2024 high

High today 1.1228

Watch the close v 1.1214

[Author]

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