[GVI Forex 2]

XAUUSD 4 HOUR CHART –   New record high but by…

So, as suggested, XAUUSD was biding its time before making a fresh run at a new record high… so far by just 42 to 3059

To confirm a new leg up, the former high at 3057 needs to become support.

In any cade, keeps a bid as long as it trades above 30398.

[Mtl JP]

Alex 4:08 / President Trump’s tariffs are a money-making trade opportunity(ies)

just change colour glasses

[Alex Lugano]

Stocks dip, gold hits record, after Trump’s latest tariff salvo
Auto stocks fall on latest Trump tariff shot

Dollar up against Canadian dollar, Mexican peso

Gold hits record high

Global stocks dipped and gold hit a record high on Thursday in the wake of U.S. President Donald Trump’s latest tariffs that expanded the trade war to auto imports.

Trump announced 25% tariffs on all vehicles and foreign-made auto parts imported into the United States late on Wednesday, scheduled to take effect on April 3. This weighed on Japan’s Nikkei <.N225> and South Korea’s KOSPI  KOSPI stock markets.

Countries around the globe threatened retaliatory tariffs.

U.S. stocks shook off initial declines and were roughly unchanged while automakers slumped. General Motors  GM tumbled about 8%, while Ford  F dropped more than 4%, reflecting concerns about the impact on their supply chains. U.S.-listed shares of Stellantis  STLAM fell about 3%.

The Dow Jones Industrial Average  DJI rose 20.71 points, or 0.05%, to 42,478.39, the S&P 500  SPX climbed 6.42 points, or 0.12%, to 5,718.66 and the Nasdaq Composite  IXIC advanced 21.25 points, or 0.09%, to 17,920.27.

[Alex Lugano]

DAX Slumps as Auto Tariffs Take a Toll

Frankfurt’s DAX fell more than 1.5% to trade below 22,500 on Thursday, underperforming its regional peers, with auto stocks pushing down the index.

US President Donald Trump announced 25% tariffs on all car imports, exacerbating the trade dispute with the European Union.

He also warned that he would impose substantially higher tariffs on the EU and Canada if they coordinated efforts to counter trade tariffs.

 

[GVI Forex 2]

JP, back to 1.08 now… magic 20 level rues

Interesting dollar was being sold as stocks were backing off the high… something you point out when 1 + 1 doesn’t equal 2

[Belgrade Bobby]

Yes I got it from Jay – this is where the difference between our trading approaches comes to play.

For me, it is a Pattern that will decide next move ( I guess so far you have figured out when I say “pattern” I don’t mean those well known SHS, wedges and stuff )

For me most important right now is how the Bar will close/open

[Mtl JP]

Bobby 3:28 / 1.0820 is THE grand domain of Jay A/T’s qtn and suggestion about stops or no stops

[GVI Forex 2]

It took 4x to finaly run EURUSD stops above 1.08 (extends the pattern to 5 days in a row)

[Mtl JP]

1.0806+
ok kittens … time to take a side

[Belgrade Bobby]

EURUSD

Now this is a bit tricky job – to give an exact perspective on coming moves…

If in this 4h we see High printed 1.08000 or slightly above, next 4h will test 1.08200

So let’s see if it works 😀

[Mtl JP]

eurdlr 1.0794

sooooo … what is the esteemed view about 1.08 ?

[GVI Forex 2]

And stocks have popped higher… no news… Trump headlines seem to come later in the day

[GVI Forex 2]

JPY selling order apparently not done… keep an eye on GBPJPY )leading) and EURJPY

As one of our members wrote just now, out of my radar range.

[Mtl JP]

often, but not always, sets the trading atmosphere for me

[Mtl JP]

I am suspecting degenerate traders are around trying to game the options types’ 11am expiries

[Mtl JP]

dlr in demand into 10am fixing

[GVI Forex 2]

EURUSD: 3rd time replled just below 1.08

[GVI Forex 2]

US stocks  taking an early hit lower

[Belgrade Bobby]

Is DAX going for a deeper correction?

DAX – ger30

Supports: 22.400, 22.200 & 21.700

Resistances: 22.750, 22.900 & 23.050

Now It all comes down to 22.400 – holding or not

[GVI Forex 2]

GBPJPY DAILY CHART – BUY ORDER?

All we can do is guess by the price action what flow is driving the market.

In this regard, watch GBPJPY and whether it can hold 194.89.as buying has slowed

[GVI Forex 2]

GBPJPY DAILY CHART – BUY ORDER?

All we can do is guess by the price action what flow is driving the market.

In this regard, watch GBPJPY and whether it can hold 194.89.as buying has slowed

[Belgrade Bobby]

EURUSD 4h

Supports: 1.07850, 1.07700 & 1.07350

Resistances: 1.08000, 1.08200 & 1.08600

Next bar – has to stay above 1.07700 to test higher – 1.08200

For change of downtrend EUR has to reach above at least 1.08300

New Season – Episode 1 – Creating a bottom ??

[GVI Forex 2]

EURJPY 4 HOUR – HITS RESISTANCE

Hit a wall at 163.03… eased upward pressure on USDJPY (high 151.09… last 150.71)

Need to see further evidence on shorter time frame charts that the buy order is done.

[GVI Forex 2]

I was just asked how do you know there is a real money sell order in the JPY?

My reply:; It’s like a tug-of-war with the USD caught in the middle

When yiou see 2 currenies move in oppodite directions vs the USD, (e.g. buying EUR and GBP, selling JPY)you can assume there is “real money” buy or sell  order in the cross.

[Mtl JP]

do you have an addiction weakness
–
Coming to a store near you: double-digit coffee price hikes
March 27, 2025 7:25

Summary
Companies
Consumers face price hikes of about 20% in next weeks
Roasters reeling as raw bean prices double
After 21% hike, Brazil’s 3 Coracoes raises prices by 14% – document
Supermarkets pushing back against hikes as shop shelves emptying

LONDON/NEW YORK, March 27 (Reuters) – If your favourite coffee beans have vanished from the shelves, don’t worry – they will return soon. The bad news is they will be up to 25% more expensive.

[GVI Forex 2]

US OPEN

European bourses hit on auto tariff rhetoric, DXY mixed vs peers while EGBs & USTs diverge

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.t

6 Things You Need to Know

The US is to impose 25% tariffs on all cars made outside of the US effective on April 2nd

Trump reiterated that reciprocal tariffs are also set for next week but stated they will be lenient

Updates which weigh on European equities with Auto names lagging, US futures mixed/firmer

DXY mixed with GBP outperforming in an attempted recovery from Wednesday’s action while JPY lags

EGBs and USTs diverge as they focus on growth and inflationary implications of the latest rhetoric respectively

Crude benchmarks lower, TTF choppy, XAU gains and base metals slip

[GVI Forex 2]

Flavor of the day are sell orders in JPY, whih has lifted USDJPY while offsets boost the EUR and others vs. the USD.

So far USDJPY has paused at 151 and EURUSD at 1.08.

[Topnine]

This is 11AM Nigerian time and the day is bright. GOLD (XAU/USD) is at price 3040. The market is set up for a bullish run . It reached to a high at price 3038 this early morning before retracing. it went bearish to the price range at 3026.62 and has since begun an upward movement. it is at 3040 area now and ready for a fresh bullish movement to price range at 3042.

Let us take a few pips and save the money in the bag. A 1-5% profit target should suffice. Don’t over leverage your Account. A word is enough for the wise.

Thsnks,
TOPNINE.

[GVI Forex 2]

USDJPY DAILY – Key resistance cited

Guenther asked yesterday whether ut was time to start building longs for a run at 157.

While 157 seems an eons away, to trigger a move higher, 151.30 would need to be broken. This week’s high at 150.94 stands in the way.

Note the up trendline.

[GVI Forex 2]

When I see USDJPY trade higher, the first thing I look at are US bond yields, which are trading higher.

It is not clear whether bonds are reacting to recent cautious Fedspeak, the risk of higher inflation from tariffs, month.quarter end portfolio rebalancing or a combination.

[Author]

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