[GVI Forex 2]

US data up next

See our Economic Data Calendar

[GVI Forex 2]

BOE unchanged as expected, 8-1 voye

[GVI Forex 2]

US OPEN

European risk sentiment slips, USD firmer and Bonds bid post-FOMC

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 risk tone deteriorates with US futures also slumping into the red, potentially driven by EU fiscal focus, post-FOMC pullback and attention returning to tariffs/trade.

USD up vs. peers, Antipodeans lags, EUR slides and GBP eyes BoE.

Bonds are bid post FOMC & as the tone deteriorates, Gilts lead on data & reports around the Spring Statement.

Crude succumbs to the risk-off sentiment, with base metals also heading lower.

Try Newsquawk for 7 Days Free

[GVI Forex 2]

Bank of England MPC rate decision preview

[David Shepherd]

GBPUSD has said it all after the consolation. We later out line the best setup to sell.

[GVI Forex 2]

Mood turning to risk off… JPY getting the safe haven flowsalong with the USD

[GVI Forex 2]

XAUUSD 4 HOUR CHART – New record high but…

Move above 3050 to a new record high (3057) not holding…. 3050 remains the pivotal level on top

Now dependent on 3022 holding to keep the bid and current momentum intact.

Otherwise, 3000-05 would come on the radar.

[GVI Forex 2]

EURUSD DAILY CHART – Reversal of fortune but…

Damage not yet fatal

Daily chart shows 1.0822 as the key support, then a void,,, support at 1.0805 is important as well… 1.0805 is last week’s low so a break would create an outside week

Back above 1.0860, at a minimum, would be  needed to slow the downside risk … 1.0850 will be pivotal in setting the intra-day tone

Pattern to watch (on Friday)… 1.09 traded for 8th day in a row… Break of this pattern often results in a directional move

[GVI Forex 2]

Using my.platform as a HEATMAP shows

Head scratcher day

… the  dollar trading firmer in the absence of any news, more than reversing the post-FOMC sell-off (except vs the JPY …about unchanged but USDJPY is off its 148.17 low

All in the aftermath of the FOMC decision where one word (transitory) sparked a reaction: bond yields down, stocks up, dollar down

Today… bond yields still down, stocks giving back some early gains, dollar up

SNB cut rates by 25bps… BOE rate decision is up next

[GVI Forex 2]

Thursday’s highlights – See detailed previews

THU: BoE Announcement, SNB Announcement, Riksbank Announcement, PBoC LPR Setting, Australian Jobs (Feb), UK Jobs (Jan), Japanese CPI (Feb)

[GVI Forex 2]

It’s not too late to join in

Global-view.com GTA Challenge Continues – More Prizes!

[David Shepherd]

Pray for more wins
Price respected the high tf support level

[Belgrade Bobby]

XRPUSD

Have we seen the lowest on XRP?

Supports: 2.47550, 2.36500 & 2.16250

Resistances: 2.60, 2.80 & 2.85

XRP needs another day Up to avoid going back to supports – so if it climbs above 2.85 tomorrow it would be out of woods.

[GVI Forex 2]

USDJPY 4 HOUR CHART – Yields matter

If you don’t think that the JPY is most sensitive to US bond yields (lower), look at a USJPY chart after the FOMC decision.

Outside day

Failed to test 150.18 (high 150.14)

Broke 149.09 support

Testing 4 hour trendline – needs to hold or door opens to 148.00-20

 

[Belgrade Bobby]

NIO Inc.

Nio stabilising above 5.00

We still might see downticks towards 4.90.

Supports : 4.90, 4.75 & 4.50

Resistances: 5.25, 5.35 & 5.50

[Belgrade Bobby]

DAX – GER 30

Dax tested supports today and how it closed the day indicates of probable move higher tomorrow.

Resistances: 23.310 & 23.475

[GVI Forex 2]

NAS100 4 HOUR CHART – Double top but…

To make thix more than consolidation,  BREAK OF 20118-240 is needed to confirm.

Standing in the way is a double top at 19945..

In any case, keeps a bid while above 19346-445.

 

[Belgrade Bobby]

EURUSD 4h – After FOMC

Not much happened , and now we have a following situation:

Supports: 1.08600 & 1.08150

Resistances: 1.09150 & 1.09550

Close tonight above 1.09100 would be kind of Bullish for the coming day. That would create a chance for EUR to hit straight to 1.10200

However, a correction would be way better

I would like to see test of 1.08150 and then Up again…but 1.08600 might be just fine

[Jay USA]

Follow us bonds… stocks up, dollar down, lef by USDJPY

[Mtl JP]

Yields down

Dollar down

[Dora]

EURUSD – 4 h chart. Same pattern once again – this works as charm. 25.1 pips ( I set up profit target on 25 and got 0.1 more 🙂 

[Mtl JP]

jeff cox post-mortem

…”According to the “dot plot” of officials’ rate expectations, the view is turning somewhat more hawkish on rates from December. At the previous meeting, just one participant saw no rate changes in 2025, compared to four now.” …

[GVI Forex 2]

Back to square onw after FOMC decision…Next up Powell’s presser

[Mtl JP]

EURO 1.0862

maybe some degenerate trader is going for a test and try to cash a euro shakout

to 1.0830/20 …

[Adam Global]

Germany-40 index still holding inside the channel

Confirmation of double top

Tell Dax to go up

[GVI Forex 2]

Just posted in  our blog

Good reading during the wait for the FOMC

What is President Trump’s Tariff Game Plan?

 

[GVI Forex 2]

Watch the Dot Plots

FOMC dot plot projections are updated at today’s meeting. Given the economic uncertainties resulting from tariffs, Fed members will have a hard time making interest rate projections.

What is the dot plot?

The FOMC dot plot is a chart published by the Federal Open Market Committee (FOMC) of the Federal Reserve that shows the interest rate projections of its members. It is released four times a year as part of the Summary of Economic Projections (from the internet).

[GVI Forex 2]

US500 4 HOUR CHART –  Touch of risk on

A touch of risk on ahead of the FOMC

To suggest more than consolidation, last week’s 5749 high would need to be taken out.

On the downside, should find support at the 5597 double bottom barring a surprise by the Fed.

[Alex Lugano]

European rally faces tariff reckoning

Is it a time for some clear thinking ?

·         STOXX 600 up 0.1%

·         IT firm Softcat pops on results

·         Fed rate decision awaited

·         Turkish assets tumble

·         Wall St futures inch up

 

·         Fast money investors have been a key force behind this year’s strong rally in Europe, and now that real money flows are starting to pour in, tariff risks are back to the fore.

·         This could keep volatility high and curb gains near term, say Barclays, pointing to the April 2 deadline by which reciprocal tariff rates in the U.S. are intended to take effect.

·         “A ‘worst case’ 25% blanket tariff, should it materialise, would indeed take away most of the growth expected this year in Europe,” says strategist Emmanuel Cau at the UK bank.

·         “However, US goods exports are only c.12% of revenues for (the STOXX 600)… And, with tariff losers underperforming notably ytd, some of the risks are arguably priced in.”

·         Despite the short-term risks, Cau is upbeat about the long-term as a landmark fiscal reform in Germany will likely boost the broader European growth for 2026 and beyond.

·         This could drive “more inflows/rotation”, Cau notes.

·         As a result, Barclays has doubled its 2026 EPS growth forecast for the STOXX SXXP to 8%, lifting the year-end target to 580 from 545 – a 4.7% upside to Tuesday’s close.

[Mtl JP]

EURO 1.0887
–
PUPPY CAME TO REST ATM IN THE HIGHER 1.088″s after majestically failing to pierce N of 1.0950

on the larger time frames puppy still in uP trend and still I d be looking to B-o-minorDips

for this puppy to turn in its trand would probably take over 100 – 125 pips dump and stay there.

which raises the Q of what thinng would make the dollar rally thusly

[Author]

Posts