[GVI Forex 2]

Recird high for gold…. smashes through 2956…puts 4000 on the radar… safe haven floiws as stocks sakide

[GVI Forex 2]

In our blog

Why do markets hate uncertainty?

Markets hate economic uncertainty. While it creates volatility, it is often not the good kind.

[Mtl JP]

euro 1.0867 3x visit on the 5 min
anxiety moment for euro short

[GVI Forex 2]

EURUSD DOUBLE TOP AT 1.0867.

Would need to take out 1.0876 to engate the downside risk,

[GVI Forex 2]

Stocks mixed to flat…. very skittish to say the least

[Mtl JP]

EURO 1.0857
–
S 1.0850/05 Res 1.0950

Dips towards S should hold, for now

[GVI Forex 2]

[GVI Forex 2]

I pay attention when Bobby posts,… `1,0860 just tested

Pressure is to down side , with possible upticks towards 1.08600

[GVI Forex 2]

Trade war rhetoric, looming goivt shutdown weighing on stocks

[Alex Lugano]

Euro Could Fall as U.S. Recession Fears, German Fiscal Optimism Look Overdone 
The euro could weaken in the near-term after its recent rally on U.S. growth concerns and optimism over Germany’s fiscal spending plans, Commerzbank analyst Michael Pfister says in a note. “The market has got a bit ahead of itself in its current assessment.” The U.S. is unlikely to enter a recession as some market participants fear, he says. Rather, growth should remain “quite strong” this year. Furthermore, Germany’s fiscal stimulus proposal probably won’t have an effect on the economy until next year at the earliest, he says. Commerzbank expects the euro to fall to $1.05 by the end of the second quarter from $1.0845 currently.

[Alex Lugano]

DAX Slides 1% as Trade War Escalates

Frankfurt’s DAX index extended its losses in afternoon trading, sliding 1% to 22,450, as escalating trade tensions between the U.S. and the EU dampened investor sentiment.

U.S. President Donald Trump threatened to impose 200% tariffs on European wines, champagnes, and other alcoholic beverages after the EU moved to slap a 50% tariff on American whiskey in retaliation for previous U.S. duties on European imports.

Meanwhile, concerns over prolonged conflict in Ukraine deepened after Russia dismissed the proposed U.S. ceasefire deal as merely a “temporary respite,” accusing Washington of imitating peace efforts.

Investors also remained cautious as the German parliament continued debating reforms to the country’s debt brake.

[Alex Lugano]

DAX COULD BE GOING TO DISAPPOINT MILESTONE LOVERS

It’s been a roller-coaster ride for German shares in the last few weeks – you’ve probably noticed – as traders try to price major uncertainties in tariffs, domestic politics and grand geopolitical strategy.

And Deutsche Bank have a good stat. They note Wednesday was the eighth consecutive session where the DAX has moved by at least 1% in either direction.

If the blue chip benchmark manages a ninth, that’d be the first time since the pandemic turmoil of early 2020.

Will it make it? Well it’s down 0.4% after morning trading, so it might have to get a move on.

[Belgrade Bobby]

EURUSD 4h

Previous Up trend lost.

Sideways consolidation is overtaken by serious Correction now.

Supports: 1.08200, 1.08050 & 1.07850

Resistances: 1.08600, 1.08750 & 1.08950

Pressure is to down side , with possible upticks towards 1.08600

[Belgrade Bobby]

DAX – GER 30

So far 22.860 holds any possible attempt to higher.

22.250 is now in focus.

If broken, before you see a clear close below it, do not jump to the conclusions.

[GVI Forex 2]

Trump is on a tarde/tariff rampage today

Try Newsquawk for 7 Days Free

[GVI Forex 2]

Trump is on the trade warpath again with hisx Truth Social posts

[GVI Forex 2]

Global-view.com GTA Challenge Continues – More Prizes

We are happy to announce next round of our GTA Challenge.

The Challenge will start on March 17th 202

This time we are brining you a chance to get one of 3 Prizes:

REGISTER NOW

[GVI Forex 2]

One ckue (flow) weighing on EURUSD if GBPUSD, down 100 pips from last week’s .8573 high.

[GVI Forex 2]

PPI miss on downside… no lasrting reaction

See our Economic Data Calendar

[GVI Forex 2]

[GVI Forex 2]

Here ix the Trump verbal attack on the EU

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[GVI Forex 2]

TRUMP STEPS UP TRADE WAR RHETORIC WITH THE EU… EURUSD DIPS TOWARDS 1.0850

[GVI Forex 2]

US OPEN

US equity futures are mixed & USD steady ahead of US PPI & geopolitical updates
 

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 opened lower but have gradually picked up; US futures are modestly lower/flat.

USD is steady ahead of PPI metrics, fleeting EUR softness as German political tensions mount.

Bunds are modestly lower awaiting the Bundestag debate while USTs look to PPI and shutdown developments.

Industrial commodities softer on tariff woes; spot gold inches closer to all-time-highs

Try Newsquawk for 7 Days Free

.

[GVI Forex 2]

Note the correlatiion…

I saw USDJPY pop to 148 ,,, assumed stocks popped as well without even looking at a chart… YEP

[GVI Forex 2]

With Germany becoming a focus, here are some headkines today

Ukraine-Russia

German economy

German debt talka

Try Newsquawk for 7 Days Free

[GVI Forex 2]

EURUSD 1.0880

Held above the pivotal 1.0850 (low 1.0860)_

Back above 1.0886 would be needed to shift focus back to 1.09
.

[GVI Forex 2]

XAUUSD 4 HOUR CHART – Record high looms

Break of 2930 has seen 2945, last obstacle to the record 2956 high, tested (high 2947).

Tough area to make a call so focus on 2930 with strong bid while it trades above it.

[GVI Forex 2]

EURUSD 4 HOUR CHART – Out of steam

What caught my eye is the failure to trade above 1.09 (high 1.0897) after past two days testing above it.

This chart shows a classic AT (Amazing Trader) down ladder pattern (falling blue lines) with a risk for 1.0800-35 while below 1,0875. BUT would have to first get through the pivotal 1.050 level first.

Back above 1.09 would be needed to restore the BID.

 

[GVI Forex 2]

Using my platform as a HEATMAP shows

A reversal of fortune from this time yesterday

JPY firmer, both vs the dollar (USDJPY back below 148) and on its crosses (note EURJPY weaker) as mood turns back to risk off.

Dollar a touch firmer elsewhere. EURUSD so far failed to trade 1.09+ after 2 days testing above it  Commodity currencies trading weaker.

Looking ahead

US PPI and Weekly jobless claims

G7 foreign ministers meet in Quebec amid rising trade/tariff tensions

Looming U.S. shutdown at 12:01 AM Saturday unless there is an agreement to extend funding the government

[Mtl JP]

GVI 6.25 – so far $60 billion worth of traffis have been dispensed

many more are lurking – willingly or not – on the windowsills just behind the curtains

[Author]

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