USDJPY 1 HOUR – 150-151

Tested just outside both sides of 150-151 with JPY crosses (weaker) keeping it above 150.
The key level is on the upside as there is about a 1 JPY void (151.94) above it.
While within 150-151, pivotal 150.50 seta the tine.
As I have noted, when you see two currencies moving in opposite directions (e.g. EURJPY) it indicates real money cross currency flows.
New month, new ball game
Using my platform as a HEATMAP shows::

USD trading weaker… opening week gaps (EURUSD, GBPUSD) remain unfilled
Risk on start for stocks
Geopolitics a factor… Europe trying to take the lead in bid to find a peace plan for Ukraine-Russia war
Next key data release: ISM manufacturing PMI
Tuesday is Trump Tariff day for Canada, Mexico and China..
A good morning to you this 3rd day of March 2025. The time is 11am and the mood is good. GOLD (XAU/USD) opened at price 2854 and has since midnight been on a long bias. The metal got to its highest point at price 2877 this moening and has since retraced to the lowest price at 2858.
From the price action i’m projecting a further buy bias to the rice area of 2884 at least. The gold is a buy metal and i see a further push upwards this week. Let’s see how it goes.
Please let’s be careful with out lot sizes and not place more than between 2-5% on any Trade. Protect your capital. A word is enough for the wise.
Thanks,
TOPNINE.
…Reports of Europe taking the lead for a peace deal…
EU must ‘urgently’ rearm and turn Ukraine into ‘steel porcupine,’ says von der Leyen
and
British Prime Minister Keir Starmer said European leaders on Sunday agreed to steps to beef defence efforts and secure peace in Ukraine and stability across the continent at a summit staged as a show of support for President Volodymyr Zelenskyy.
But he said that the support and buy in of the US was essential to make the plan work.
THIS WEEK’S MARKET-MOVING EVENTS (all days local)
Economic data releases in the coming week will focus heavily on PMI surveys across Asia, Europe, and the United States, providing insight into early 2025 growth momentum. In Asia, attention centers on February PMIs after January data were clouded by Lunar New Year timing, while South Korea reports inflation, industrial production, and retail sales. Chinese inflation is due over the weekend, likely showing continued subdued price pressures. Meanwhile, Australia’s busy calendar includes fourth-quarter GDP, retail sales, and trade figures; the Reserve Bank of Australia’s latest meeting minutes will draw special interest following its first policy rate cut since 2020.
In Europe, the key event is the European Central Bank’s policy meeting, with a widely expected 25-basis-point rate cut as Eurozone data remain soft. February PMI readings are expected to confirm ongoing sluggishness, while Germany will release volatile manufacturing orders data. Across the Atlantic, the United States will feature February employment data and the Fed’s Beige Book. Analysts will watch for any signs of government job cuts in the federal data, though the consensus points to another month of moderate payroll gains and a stable unemployment rate around 4.0%. The U.S. trade balance may widen further after a rush of imports ahead of anticipated tariffs, and overall economic signals will remain sensitive to evolving policy developments.
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Econoday
trump chicken on horizon ?
–
…”Howard Lutnick said in an interview on Fox News’ Sunday Morning Futures that there would be tariffs on Canada and Mexico starting on the announced March 4 date, though Trump would determine at what levels.
“There are going to be tariffs on Tuesday on Mexico and Canada,” he said. “Exactly what they are, we’re going to leave that for the president and his team to negotiate.” …
“Bessent said Sunday that President Donald Trump’s proposed tariffs are unlikely to raise inflation, in part because China will “eat any tariffs that go on.” – cnbc Feb. 3, 2025
furthermore …
Bessent was asked Sunday about his comments last week that Mexico has proposed matching the U.S. tariffs on China to avoid being hit with Trump’s tariffs. He also urged Canada to follow Mexico’s proposal.
“We’ll see. The Mexican leadership has offered to do that,” Bessent said. “We haven’t heard from the Canadians, but I think that would be a very good start.”
according to cbc
–
“Canada’s lumber industry is bracing for serious financial strain as U.S. President Donald Trump threatens to impose 25 per cent tariffs on Canadian lumber in April — on top of the almost 15 per cent import duty already in place for softwood lumber.”
Mar 01, 2025 11:32 PM
WEST PALM BEACH, Fla. (AP) — President Donald Trump on Saturday signed a pair of actions to increase domestic lumber production, including a directive for the Commerce Department to investigate the possible harms that lumber imports pose to national security.
Newsquawk Highlights for the Week Ahead: 3-7th March 2025
Vijay Kedia shares Deepfake video misusing his identity, warns investors
Taking to social media, Kedia cautioned his followers against trusting such content, emphasizing that while the face and voice in the video appear to be his, the accent and fluency in English are unnatural.
“Someone made a fake video of me advising shares. The face is mine, the voice is mine… but suddenly, I sound like I studied in Oxford and grew up in New York! If you ever hear me speaking perfect English with a Western accent, just know—it’s not me,” Kedia wrote in a post on X (formerly Twitter).
p2/p3: They went to lawyers and slid a pile of cash across the table, those guys took in that money with arms wide open. Advising them to get their contact (lawyers also do provide contacts) to release deep fake videos to frame an investor(Vijay Kedia in this case) making stock recommendations to divert attention away from their (media) multi-angled crimes and multi angled coverup’s done from near and far both online and offline, redirect^3 the news topics and cause fights between investors, traders, analysts etc and further troll the vulnerable and hapless public, pretend blindness to the deepfake evidence and empathize with the framed investor and investors(who subscribe), and then lash out condescendingly in the subsequent issues to build credibility by publishing denials and that they (media) are being framed in spite of their adhering to the highest level of ethics, providing credible facts of corroborated evidence etc. They have been trailing behind me from the newsprint days in order to steal my work and have published it as original and as theirs which is a credible fact they have not published.
p3/p3: Anyhows, but then when the contact who created the deepfake video is purportedly caught it would have been a lallu panju/anonymous sycophant whom they helped their contact to frame as the culprit with collusion from the authorities against whom they hold enough evidence to scandalize on the national news and put the authorities behind bars for 30 years or more. To top it off they do side gigs to collect money from the people by doing investigative reports on the sly to finance their illicit operations, that is how they pay their contacts… with slush money.
Report on growling of “the other kind”
EXCLUSIVEBody language expert on ‘alpha male’ Trump’s ‘arousal’ in White House smackdown of Zelensky… with help from J.D. Vance – alleged body language expert Judi James
dailymail is variously classed as somewhere middle-of-the right to far-right rag
XAUUSD breached 2835 and printed 2832 as per my supermodel’s forecasts.
re: Relevant Posts #20137 & #20136.
February 26, 2025 at 5:12 pm
#20136
Rafe
Participant
XAUUSD:- There is stiff resistance on XAUUSD at 2962-2963 and stiff support for it at 2899-2896. It can go either way however I favor the upside to 3000.40 and beyond so hold it for higher targets, however downside moves would become buying skirmishes at 2835-2830 and for that the strategy is to buy on dips to cover higher up then buy on dips again to cover until we have a straight move to 3000.40. We did not see much action today because Indian Markets are on Religious Holiday and expected to return to action tomorrow and bring about some exciting happenings and excellent news.
GL GT
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