[GVI Forex 2]

Using my platform as a HEATMAP shows

… the dollar trading mixed to lower after aextending its upside in early trading.

EURUSD range 1.0733-1.0787 so…

…if -.07 does not trade then a 4 day pattern around this level will be broken (bearish indicator).

Approaching month/quarter end rebalancing said to favor dollar buying.

XAUUSD catching a bid

Relatively light calendar

U.S. weekly jobless claims, final Q4 GDP revision, pending home sales

Otherwise it remains a Trump and tariffs headline driven market

[Mtl JP]

USDCAD 1.4278

RTRS Canada will react to Trump’s ‘attack’ soon, could impose tariffs, says Carney

OTTAWA, March 26 (Reuters) – Canada will soon respond to new tariffs on imported vehicles announced by U.S. President Donald Trump and could impose retaliatory measures against the United States, Prime Minister Mark Carney said on Wednesday.

Summary
Canada could impose retaliatory tariffs against US, Carney says
Carney to convene cabinet meeting for response strategy
Ontario Premier Ford advocates strong response to US tariffs

Carney said Trump’s move was “a direct attack” and told reporters he would be convening a high-level cabinet meeting on Thursday to decide on a response.

“We will defend our workers, we will defend our companies, we will defend our country, and we will defend it together,” he said

we … yeah

[Mtl JP]

re 9:57 “How will impacted countries react?” hahaha,
if they i.e “countries” are stupid they will retaliate

BUT countries are NOT companies
business folks act differently from politicians – unless coerced by politicians

[Mtl JP]

…” the auto tariffs will take effect on April 2″…
– President Trump

[GVI Forex 2]

Posted in our blog

Reciprocal Tariffs Day: More Questions than Answers

[GVI Forex 2]

Trump turns up the tariff heat

Try Newsquawk for 7 Days Free

[Mtl JP]

eye on yellen
–
at risk of being accused obsessed with janet:
“CNBC
Former Treasury Secretary Janet Yellen will be joining an advisory board for bond giant Pimco, CNBC has learned.”

[Mtl JP]

The Treasury Department is planning to furlough a “substantial” level of its workforce

The Treasury currently has more than 100,000 employees.

srce: cnbc

[GVI Forex 2]

NAS100 4 HOUR – Leading the sell-off

NAS leading the stock sell-off that would need to break 19345 for the move to be fatal.

Otherwise, expect more volatility with downside at risk unless 20000-100 is renewed.

Only below 19345 would shift risk back to the lows

[GVI Forex 2]

US500 4 HOUR =  5600-5800?

As I have been saying all week, US500 would need to regain 5800-10 to build momentum… in this regard it has failed, leaving a  void after 5752 was broken..’

On the downside, there is a double bottom at 5597 and only through there would shift the risk back to the low.

If 5600-5800 becomes the range, then te 5700 midpoint will set its tone.

 

[Belgrade Bobby]

NIO Inc.

Supports: 4.10, 4.00 & 3.60

Resistances: 4.30, 4.40 & 4.50

Pressure is on the downside.

 

[Mtl JP]

(AP) — President Donald Trump on Wednesday will announce tariffs on auto imports, a move that the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. March 26, 2025

Leavitt said the tariffs would be detailed at a 4 p.m. EST news conference

[Belgrade Bobby]

XAUUSD – Gold Daily

Resistances: 3025.00, 3035.00 & 3055.00

Supports: 3010.00, 3000.00 & 2980.00

Last 4 days we have higher lows ( you can draw a trendline) , and because of it I wouldn’t be surprised to see another test of highs.

Think of 3000.00 as a breaking point to the downside.

 

[Belgrade Bobby]

GBPUSD Daily

Resistances: 1.29100, 1.29300 & 1.29750

Supports:1.28750, 1.28600 & 1.28000

Pattern wise – tomorrow we should see another push down, but with possible uptick around 1.29050/100

For continuation of this down move I would like to see Cable going below 1.28600

[GVI Forex 2]

More fuel on the EURUSD fire

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[Belgrade Bobby]

EURUSD 4h

Situation is not clear, yet but indications are here…

We have two important levels to watch now:

1.07600/700 above the head

1.07200 below

Return above 1.07700 would be indicative of renewed Up trend

Break below 1.07200 would open a road to 1.05000

Daily ranges are pathetic, and obviously only force are stop losses.

[GVI Forex 2]

XAUUSD 4 HOUR CHART –   More consolidation

Continues to consolidate between 2999 – 3038,

Range is too tight to last for long… …going strictly by charts, there is a retracement risk as long as it trades below 3038 but

…my hesitation is how betting on retracements following through in XAUUSD has been a losing bet and … why the 3000 area is so important.

[ST London]

So now we know where the big boys are short 1.0770This becomes a potential over under down the road

How do we know?

Hefty buy order (multiple yards) got filled by different counterparties, each by one shot

That how we now know where the short is established

[GVI Forex 2]

KIt’s the reaction to news that matters

EURUSD reacted to this

and ignored this

Try Newsquawk for 7 Days Free

[Adam Global]

Gold is fxxking me

Yes its 0.01 but m on $22loss

Its stuck between 3000.00 and 3025.00

[Adam Global]

GBP is 📉 losing again

Failed to break 1.300

now its on 78.6 fib

Might be heading to 1.2750

[Adam Global]

Bitcoin is gaining momentum again

People want to buy more Bitcoin till $90K or $100K

[Adam Global]

Tell Eur to hit my TP 1.07500

[GVI Forex 2]

Bobby, I let at lines guide me.

‘Meanwhile, US stocks selling off

[Belgrade Bobby]

Jay – look at my view – my notorious channel lines.

This is what makes me wander

If Eur reached 1.07600 and bounced up, I would be sure – 1.11 in sights…this way…waiting to see

[GVI Forex 2]

Bobby, if you look at a daily chart, it was almost straight up from 1.0360 to 1.0954, with just one retracement to 1.0821.

The move through 1.0821 broke the upward momentum and left the focus on 1.08 to set its tone.

The breakout level for the run to 1.0954 was 1.0630 so this is the key level for me.

Using FIBOS for 1.0360-1.0954 using our Fibonacci Calculator

[Belgrade Bobby]

EURUSD 4h

Watch the close of this 4h bar!

If it manages to close above 1.07900, there will be a fair chance for the attack at 1.08250

I have to point something – this correction started 7 days ago, and it is kind of lame – so we might be seeing a change of a current intraday trend.

But as long as 1.08250 holds, more tests of supports are on cards.

[GVI Forex 2]

Hi Gunther Salzburg

Re USDJPY, going strictly by the way I use AT for my charting, onLy a firm break above 151.30 would negate the lingering downside risk.

On the other side, which supports your bullish vieW, CURRENT MOMENTUM IS TILTED UP WHILE ABOVE 148.15.

[Mtl JP]

fwiw, from a post on ZH
“A Negative Surprise”: Goldman Warns Market Expectations For Trump’s April 2 Reciprocal Tariffs Are Far Too Optimistic

“Trump plans to announce his “reciprocal” tariff policy on April 2. Recent media reports suggest a more benign approach, but we believe the risks lean toward an initial tariff announcement that negatively surprises markets, for two reasons.”

[Alex Lugano]

MTL JP- I agree fully.

For me it is essential to have some logic behind it all.

To be able to not only take a position, but survive holding onto it, I need input.

I know sometimes it is just grabbing at straws, but whatever works.

 

[Author]

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