[michael Calif]

reposts from Nov-Dec:    will the 1.02-1.03 low in Euro futures rally all the way back to 1.12 ?    gtwo3

[Mtl JP]

at 12:27 nazdaq was down 7.14%

but then, on its own, bounced up

[GVI Forex 2]

Here’s your correlation… stocks slide close to 7% circuit breaker… dollar followd

[Mtl JP]

The Risk
–
the risk is that a headline blows in that
somehow broadcasts that both donald and xi are greatest leaders ever and
that as such both have agreed on a big, beautiful magnificent deal
making them win-win winners

[GVI Forex 2]

My trading tip in GOLD is playing out in currencies… yesterday’s move up in the dollar (failed) set up today’s sell off (e.g. EURUSD extends high)

Trading tip: This is a classic example of what happens after a correction runs out of steam when it harder for the market to absorb (in this case) fresh buying…. BUT will need to make a new high for this to play out in a classic way.

[Belgrade Bobby]

Walmart Inc. – WMT

Two hurdles:

92.25  & 96.10

Has to stay above 87.50 for further advances

[Belgrade Bobby]

EURUSD Daily

1.11500 taken out

Seems EUR is going straight for 1.12950

Two levels to watch on that journey:

1.12150 & 1.12750

[GVI Forex 2]

Risk off

Watch EURUSD… stays bid while above 1.1147-50

Watch GOLD… sniffing at its record high

US stocks extending retreat…bond yields staying elevated… bad combo

[Mtl JP]

wlmrt at 90.88 USD

what do you think: buy or sell ?

[GVI Forex 2]

Does this mean my $10 t-shirt will now cost $24.50… EURUSD bursts through 1.1147-50 (and stops)… 1.12 looms

 

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[Mtl JP]

re 2:40 / all one needs is to be in sync with todays market bias

[Mtl JP]

“Trump tariff pause driven by bond market, depression concerns” – cnbc

who makes prozac ?

[GVI Forex 2]

AL WATCH 1.1147 (RECENT HIGH) AND OF COURSE 1.1150

[ST London]

Watch 1.1178 and 1.1260
Once again, see how that lines up with your software

We have both said keep doing something until it no longer works

It doesn’t matter what the market is. It’s applicable to all product.

[GVI Forex 2]

This came out earlier and said to haave helped boost the EURUSD but it should not have ciome as a surpirse.

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[Mtl JP]

so u suggesting the dlr is correlated to yield up n down movements today ?

[GVI Forex 2]

Keep this one simple… US bond yields slip (4.297%)… dollar follows

[GVI Forex 2]

EURUSD 1.11… clearly pivotal

Post CPI

1.1130 BIGH => 1.1090 => 1.1120 =>

[Mtl JP]

does truth hurt ?

Charlie Munger on volatile markets: If you can’t handle swings, ‘you deserve the mediocre result’ – via cnbc

[GVI Forex 2]

US 10 YEAR BOND YIELD  – Down on the day but up from pre-CPI data…Forex paying notice

[GVI Forex 2]

Dollar got hit on CPI miss on downside but as I said, this is pre-tariff data

Bond yields barely moved… EURUSD 1.11 is a pivotal level

[GVI Forex 2]

US data next on deck

CPI is for March beforte the tariff chaos

SEE our Economic Data Calendar

[Mtl JP]

heading into NY session
–
Looking at CNBC f-page, all US stocks boxes are red implying a “down” open. USD is also weak(er), bonds are higher. CPI at 8:30 but that is likely to have an effect of mosquito splatter on windshield grandly subject to trade tariffs related headlines especially as “to the end” is not yet near or at it.

[Belgrade Bobby]

DAX – ger30

In just 3 days DAX has recovered about 50% of a previous loss.

Heavy Fundamentals are going to continue to drive it, and until Geo Political situation is solved ( or at least calmed down) we can expect this kind of violent behaviour to continue.

We have to continue drawing trendlines and watch how it all looks on the big picture, but do not be fixed on that.

One “wrong” statement can send it in  both directions within a day – Up and the Down in the same hysterical way.

As long as DAX stays above 19.500 on the weekly basis, it will consolidate.

In some wild dreams, using experience with similar situations I can tell you that it is possible to see DAX rallying Up all the way to 25K , just as a market reaction to previous Drop.

In reality, it should slowly consolidate once all the bullets are spent ( in geopolitical BS arena), and start to make smaller waves up and down….and it should take at least months .

[Belgrade Bobby]

EURUSD 4h

1.10950 Resistance

Next hurdle 1.11500

Supports: 1.10500, 1.10300 & 1.09850

This is anyone’s guess now – but for EURUSD to continue Up and above 1.11500 , Today it has to stay above 1.09850 at any cost – or else….

[GVI Forex 2]

US OPEN

USD softer, European bourses gain and US futures wane ahead of CPI

Good morning USA traders, hope your day is off to a great start! Here are the top 4 things you need to know for today’s market.

4 Things You Need to Know

European bourses gain as they react to Trump’s 90-day tariff pause whilst US futures wane.

USD is softer vs. most peers as markets digest Trump’s tariff walk back.

“Beautiful” trade for USTs, Gilts bid but fading, Bunds languish in the red.

Crude remains subdued while base metals surge and gold holds onto gains.

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[GVI Forex 2]

XAUUSD 4 HOUR CHART –  One level wtanding in the way

Back above 3136, the only level standing in the way of the record high, would need to be taken out to put 3168  in play again.

Keeps a bid while above 3045-55

Trading tip: This is a classic example of what happens after a correction runs out of steam when it harder for the market to absorb (in this case) fresh buying…. BUT will need to make a new high for this to play out in a classic way.

 

[Mtl JP]

beware of honey on lips and poison in heart
–
China says dialogue with US must be based on mutual respect
By Reuters
April 10, 2025 3:33 AM EDT

BEIJING, April 10 (Reuters) – China’s commerce ministry said on Thursday that China is open to dialogue with the U.S. but this must be on the basis of mutual respect and equality.

Pressure, threats and blackmail are not the right way to deal with China, ministry spokesperson He Yongqian told a regular press briefing when asked about whether the world’s two largest economies have started tariff negotiations.
China will “follow through to the end” if the U.S. insists on its own way, He said.

Reporting by Beijing Newsroom; Editing by Jacqueline Wong

[GVI Forex 2]

Using my platform as a HEATMAP shows

…

…markets that have gone fton fear (panic) => then relief => and now caution

The dollar has backed iff but is well within current ranges

What caught my eye is the quick. USDJPY retreat from 148, EURUSD back above 1.10 (still pivotal)

XAUUSD extended its rebound back above 3100

Global stocks staged relief rallies, US stocks lower after yesterday’s mega rallies… US500 backed off after reaching s 50% FIBO retracement

Looking ahead. US weekly jobless claims, CPI for last month before tariff turmoil

[Mtl JP]

in reference to JP 10:16 asia aping US stocks or not

Japan’s Nikkei jumps over 9% to lead gains in Asia after Trump pauses tariffs

Nikkei 225 closed 9.13% higher at 34,609 while the broader Topix index advanced 8.09% to 2,539.40.

South Korea’s Kospi index surged 6.60% to close at 2,445.06 while the small-cap Kosdaq gained 5.97% to 681.79.

Australia’s S&P/ASX 200 rose 4.54% to end the day at 7,709.60.

Mainland China’s CSI 300 rose 1.31% to end the day at 3,735.32 while Hong Kong’s Hang Seng Index added 2.06% to close at 20,681.78.

monkey c monkey do
but it is not a hard rule, is it ?

[Author]

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