[Belgrade Bobby]

EURUSD 4h

Supports: 1.08100, 1.07950 & 1.07750

Resistances: 1.08300, 1.08550 & 1.08900

Current momentum Up

As long as below 1.08550 daily direction is Down

Looking at 2-3 days period, EUR can spike up to around 1.09200 and then turn down again.

If above 1.09200 targets 1.10850

Personally, I would like to see this correction going all the way to 1.06850 before Up again.

[GVI Forex 2]

The tariff debate over strategy

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[GVI Forex 2]

In our weekly email, I called this a tricky week with attention looking ahead to next week when there will be month/quarter end (Monday) and reciprocal tariff day (Wednesday). .

Barring any definitive tariff news, this is a week that should be dominated by position adjustmwents (including pre quarter end) rather than aggressive positioning.

Markets seem to be grabbing on to any headline that gives a glimmer of hope on the tariff front.

[GVI Forex 2]

USDJPY 4 HOUR – Chart tells the story

This is one of those days where this chart tells the whole story

Bid while above 150.18 but upside contained unless 151.30 is taken out.

Back below 150.18 would negate yesterday’s mini breakout and shift the range to 149.50-150.00

150 the clear bias setting level going forward.

[GVI Forex 2]

XAUUSD 4 HOUR CHART – Consolidating

I hate the word consolidating but with that said…

XAUUSD still consolidating between 2999 – 3038, seemingly biding its time for another run up unless 3000 is firmly broken.

Otherwise, break of 3038 would cool lingering retracement risk

Break of 2999 would expose 2978, which is the key level to maintain the daily uptrend. .

 

[GVI Forex 2]

Using my platform as a HEARMAP shows

…the dollar trading close to unchanged after briefly extending its rebound overnight.

EURUSD 1.08 is the bias setting level…. what caight my eye is the low (1.0777) poauxed above the 1.0765 ley support/target. .

XAUUSD a touch firmer after holding iff another run at 3000

US equities consolidating and so far not following through on yesterday’s rally.

Light news day… headline watch remains on the next Trump tariff comment

[Topnine]

Here it is 10am in Nigeria and gold (xau/usd) is looking up. it started from the price 3010.13 which was the lowest point as at yesterday and has slowly climbed up since then. Price is currently at 3021.74 and it is looking up for a further buy to the area at price 3025.91

Gold is a buy metal itself and has since being going long since 1996. I don’t think it is ready to stop buying as i see a further buying pressure. Let us use tight TP/SL and exit at the price 3025.91 as predicted. A 1-5% risk/reward ration of 1:2 should be used. A word is enough for the wise.

Thanks,
TOPNINE.

[Mtl JP]

looks like breach birth atm

[Mtl JP]

1.0760 is only 20 pips away

[Mtl JP]

1.0782
one more time …

[Mtl JP]

of course …

everyone knew it would hold eh ?

[Mtl JP]

EURO 1.0785/80

what will it be kokko: hold or bust ?

[GVI Forex 2]

NAS100 4 HOUR – To keep a bid…

Let’s keep it simple

Layers of resistance above the market BUT…

Keeps a bid while above 19945

Only below 19346 would shift risk back to the downside and the lows

 

[GVI Forex 2]

US500 4 HOUR =  Weekly down pattern broken

Last week, the 4 week down pattern was broken with an inside week… this week has started out with a higher high but as this chart shows, there are layers of resistance to get through from 5749-5871… at a minimum a solid 5800+ and then 5871+ would be needed to shift focus back to 6000.

On the downside, as pointed out last week, there is a double bottom at 5597 and only through there would shift the risk back to the low…. Keeps a bid if 5749 becomes support

 

[David Shepherd]

New week, new wins and more🙏🙏

[GVI Forex 2]

Here we go again… Dollar dips on this glimmer of hope but note comment about more tariffs

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[Belgrade Bobby]

NIO Inc.

Yet again 4.20 & 4.00 come as a last line of defence.

It all points to 3.60 as a real target.

That number represents a level that served as a footing for last year’s adventure towards 7.50

Anything below it smells like 1.20 – All time Low

 

[Belgrade Bobby]

USDCAD Daily

Resistances: 1.43200, 1.43350 & 1.44015

Supports: 1.42900, 1.42650 & 1.42400

Loonie has created a triangle, and this one in my opinion will break down.

But if it fails to break below 1.42400 we have to open our eyes and be very careful later on.

[GVI Forex 2]

XAUUSD 4 HOUR CHART –  Retracement risk

I always say that AT (The Amazing Trader) doesn’t lie so pay attention to what its chart shows.

3 blue lines indicate a risk on the downside unless 3038 is broken.

Support at 2999 blocks 2978.

Much will depend on whether  buyers step in around 3000.

[Belgrade Bobby]

USDJPY Daily

For Monday we have a Bullish Pattern, but USDJPY has to take out 149.650 for any significant move Up.

If successful, opens a road for attack at 151 zone.

Happened – so what next?

Supports: 150.150, 149.650 & 149.150

Resistances: 150.750, 151.000 & 151.350

This is Yen and it can just continue Up, but I expect it to at least pull back till around 150.150 if not a full move to 149.650

[Belgrade Bobby]

GBPUSD Daily

Cable met a fierce resistance at 1.29700 ( 1.29743 to be exact)

Now Resistances are at:

1.29300, 1.29550 & 1.30000

Supports: 1.28850, 1.28600 & 1.28050

Tomorrow we should see another test of 1.28850

[GVI Forex 2]

This is a good time to revisit this blog article

Note in the chart posted below how EURGBP found support, bounced and how GBPUSD, initially boosted by this selling of this cross,  lost its bid.

How You Can Use Currency Crosses to Trade Spot Forex

[GVI Forex 2]

Notice how GBPUSD lost its bid after a sell order in EURGBP was filled.

EURUSD initially bounced on the bounce in EURGBP (last .8362 vs an .8345 low).

EURUSD has since followed GBPUSD lower with a lag, moving back below 1-08 so far holding above the earlier 1-0790 low.

Sojeep an eye on this crossw as you can see how crosses can give a clkue to what isa driving the spot market.

[Mtl JP]

Bobby 2:31 – and then … market comes to a screatching halt and ditzes +/- 10pips for hour(s)

[Belgrade Bobby]

One interesting observation – almost always – no matter the data , when I get a system signal on bigger time frames like 4h+ it comes through.

Just like the system knows results of the data up front…

I have really thousands of examples…

One has to wander what’s older : chicken or egg

[Alex Lugano]

Futures buoyant ahead of data-driven week

S&P 500 futures rise over 1%

Traders brace for news on tariff barrage

PMIs, US PCE, China earnings in focus

Wall Street shares looked set to open higher on Monday and the dollar firmed at the start of a data-driven week, while the threat of U.S. tariff hikes made investors cautious in Europe.

S&P 500 futures  ES1! were up about 1.2% and Nasdaq 100 futures  NQ1! were 1% higher at 1218 GMT.

U.S. President Donald Trump’s administration is likely to exclude a set of sector-specific tariffs while applying reciprocal levies on April 2, according to media reports over the weekend that helped sentiment in early trading.

The pan-European STOXX 600  SXXP ticked down 0.1%, with most of the region’s indexes lower except for Germany’s  DAX, which rose 0.2% after data showed manufacturing output there increased for the first time in almost two years.

This week’s data releases include global purchasing managers’ surveys, the U.S. Federal Reserve’s preferred inflation reading, inflation data in Australia and Japan, a budget update in Britain, and major earnings in China.

[Dora]

Sold EURUSD on approach at 1.08600 and placed profit target at 1.07950 – got 1.07926. I wasn’t looking at it during the data !

[GVI Forex 2]

Not as important as ISM but stocks up, boind yiekds up, dollar up

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[Mtl JP]

1.0792 begs the qtn

how low

[Dvorak Prague]

Ah, started a bit late and after spread incresed to 2.9 pips chickened out 🙁

[Author]

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