[GVI Forex 2]

A timely article posted in our blog

Are There Clouds Looming Over the US Economy?

[GVI Forex 2]

USDCAD 4 HOUR – Tariff headlines hit the CAD

Keeps a  bid while above 1.42… stronger bid if above 1.4245

Above 1.4304 would confirm what id evident on the chart, which iw down move is over for now.

‘The tarifff  headline news

Newsquawk,com

[GVI Forex 2]

NAS100 retracement would need to regain 21734+ to negate the risk.

On the downside, a firm break of 21398 would be needed to build  pressure on the downside…  layers of support below it until the key 20835 level.

[GVI Forex 2]

US500 4 HOUR CHART –  Retracement risk

Remains in a retracement mode unless 6048 is regained.

To suggest more scope on the downside, 6000 would need to become resistance… supports 5953-5901…

[Belgrade Bobby]

EURUSD Daily

To repeat and confirm: Close tonight above 1.04800 – Bullish

Targets tomorrow 1.05600

[Belgrade Bobby]

NIO Inc.

Nio got rejected on the first attempt at 4.70

Supports now at 4.33 & 4.20

Now it needs to hold on and find a base to launch it Up.

[Belgrade Bobby]

XRPUSD

2.31 – watch that level – If it holds and propel XRP Up above 2.63 correction is over .

That scenario would lead XRP to 3.54 – 4.40 bracket.

However loss of it opens a way for 1.77 and subsequently 1.64

[GVI Forex 2]

GTA Chart of the Week

XAUUSD WEEKLY CHART

9 green UP candles in a row and record highs each week, including the startt of this week. Betting on a retracement following through will remain a low probability bet until/unless this pattern is broken.

.

Addendum:

To break this weekly pattern, 2878 would need to be broken.

To make a run at 3000, 2950 would need to becoe solid support

[Belgrade Bobby]

DAX – GER 30

Correction phase.

Resistance at: 22.515 & 22.650

Supports at : 22.250 & 21.125

Dax has enough space for even prolonged correction, and even if 21.125 lost, it stays Bullish on the big picture.

[GVI Forex 2]

US500 15 MINUTE CHART – Classic

Classic Amazing Trader (AT) intra-day reversal pattern off the low of the day, one that repeats with any instrument your broker offers on its platform and in any time frame.

Without going into details on this amazing program, see below

[GVI Forex 2]

Worth noting… USDJPY seems to be more sensitive (for today at least) to risk on/risk off in stocks than US yields

Stocks bounced, yields stayed down (10-year 4.408%), USDJPY bounced

With that said, EURUSD remainsa above 1.0450, YSDJPY below 150.

[GVI Forex 2]

US500 15 MIN CHART – STOPS CITY

Stops run, yields down, dollar slips (including vs GBP)

[GVI Forex 2]

The other cross flow is into the JPY as US stocks go into retreat.

[GVI Forex 2]

Offfsets from EURGBP buying (last .8290) keeping EURUSDS above 1.0450.

[GVI Forex 2]

EURGBP 15 MIN CHART – FX Order Flow

Looking for the current FX order flow?

EURGBP buying… GBPUSD at a new day low while EURUSD being dragged down with a lag through 1.0460 but still above 1,0449-50. .

[GVI Forex 2]

EURUSD in a slow drift… much depends on whether any longs are caught on the move above 1.05

Day stops may be below 1.0460 but key chart level is 1.0649-50… so far 1.0460 is holding..

[GVI Forex 2]

GTA Chart of the Week

XAUUSD WEEKLY CHART

9 green UP candles in a row and record highs each week, including the startt of this week. Betting on a retracement following through will remain a low probability bet until/unless this pattern is broken.

.

[Adam Global]

Gold hit all time high approaching 3000.00

Buy gold 🤑

[GVI Forex 2]

Mineral rights  for a peach deal?

Source: Newsquawk.com

[Belgrade Bobby]

Nice one Adam 😀

[Adam Global]

Guess who’s the best trader in here

you’re right ✅️ 👌 🤣 it’s me

[Belgrade Bobby]

DAX – GER 30

Dax is trying to find a support just above the Major trendline at 22.125

Resistance for today is at 22.515.

German elections are done, all fine and dandy ( or it is what the mainstream media wants you to believe…) so we are strictly technical right now.

I prefer more consolidation before we can expect DAX to renew it’s strength.

[Belgrade Bobby]

GBPUSD

Last night: Pattern calls for another leg Up – tomorrow.

One nice call for about 60+ pips…

Now support comes at 1.26250, followed by 1.25600

Resistance at 1.26450 & 1.26800

Same situation as for EURUSD – tonight’s close will decide if we continue Up or start a correction/downtrend.

Breaking point 1.26250  1.26400

 

[Belgrade Bobby]

EURUSD

As said last night – probability was to the upper side – and Up it went.

But what now?

Supports at: 1.04500, 1.04150 & 1.03950

Resistances: 1.05300, 1.05550 & 1.06200

1.04800 is the level that will decide on intraday direction.

Also this one is a game changer when it comes to the close tonight – if above it, we continue Up, if not….you know 😀

[GVI Forex 2]

GER30 4 HOUR CHART – Post-election bounce

German 30 up post-election but would need to regain 22571+ to put the record high at 22934 back in play (high so far 22584).

Likely to find support while above 22000 (support 22108)

Mid-caps and to a lesser small caos shoeing sharper gains,

 

[GVI Forex 2]

 

US OPEN

US futures gain, and the DAX 40 outperforms as CDU/CSU wins the German election

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 mostly firmer with clear outperformance in the DAX 40 after CDU/CSU wins the German election; US futures gain.

Two-way action in Bunds as Merz secures the Chancellery but a blocking minority exists,

Gilts await BoE speak.

Crude flat, precious metals mixed, and base metals mostly lower amid tariff woes.

Try Newsquawk for 7 Days Free

[GVI Forex 2]

A look at the day ahead in U.S. and global markets from Mike Dolan

Global investors got a reminder last week that the U.S. economic expansion is not etched in stone, even Wall Street is priced as if it was, and German stocks got another shot in the arm on Monday from weekend election results.

A string of soft readings from the U.S. retail and service sectors unnerved U.S. stock traders on Friday, with growing fears the disruption and uncertainty sown by Donald Trump’s new administration are forcing consumers and businesses to draw in their horns.

Morning Bid: Clouds gather on Wall St as German midcaps surge

[ST London]

EurUsd

A possible strategy

Buy whilst above 1.0460 target 1.07ish

[GVI Forex 2]

EURUSD DAILY CHART –  Resistance holds, 1.05+ fails

Back to square one (i.e. opening week levels) after failing to test key resistance at 1.0534 and then falling back below the pivotal 1.05 level.

Now dependent of 1.0450 holding to keep a bid and thoughts away from 1.0400.

[Adam Global]

Bitcoin still consolidating for the 3rd week

Lets hope it breaks out

[Author]

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