[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

[Mtl JP]

With election over …

EURO s back to 1.0465-ish after gaming initial political enthusiasm to 1.0528ish

and now that post-election things are sobering players are likely to focus on the attempt by trudeau in europe trying to collude with the german against trump’s tariffs on autos: is a canadian/german collusion going to tame down the belligerence OR is it going to evolve into bonafide trade war between the US vs Canado/German cabal.

[GVI Forex 2]

Using my platform as a HEATMAP

Dollar close to unchanged after post-German election trading.

Focus on the EU and EURUSD after the German election results were about as expected.

Initial positive reaction was partly driven by hope a new government would remove the debt brake and more spending would boost the Econ. Perhaps on second thought is the reality of trying to put together and then govern with a three party coalition from opposite sides of the political spectrum.

EURUSD is back to square one after failing to hold 1.05+

Modest bounce in USDJPY but still below 150

European and US stocks up

Gold up modestly

Light data day

[Adam Global]

Gold has been hitting all time high

3000.00 is Tp for many

That’s my TP too

Now it’s $330

Aiming for $1000

[Adam Global]

Eur is still battling the 1.05000 quarter point

Some are buying

Some are selling

[Adam Global]

Ive been posting signals inhere & majority hit Tp

Even GBP Tp hit 61.8

Now dropping

[Adam Global]

Japan trying to pick up & stay on 150.000

Will it resist or back up to 155.0000

[Adam Global]

With election over

Germany-40 index is trying to pick up

my trendline still holding

[Topnine]

XAU/USD (GOLD) was at an all high price of 2955 as at lastweek Friday. From there it went bearish to the price at 2918 area. It has slowly climbed back and it is now at 2947 area. I see it getting to resistance point at 2955 and further breaking above it to 2980 area.

The Metal Gold is a bullish one. It has been steadily on the climb since 1996 and it is not yet tired of climbing. Let’s Trade carefully with tight Stoploss/Takeprofits. Do not risk more than 2-5% of your Capital. A word is enough for the wise.

Thanks,
TOPNINE.

[GVI Forex 2]

JP good point about the gap.

German vote was about as expected

FDP got shut out so one less candidate for a coalition govt

As for EURUSD, keeps a bid if it can stay above 1.0450

[Mtl JP]

GVI 10:04 / you should look at the boatloads of houses for sale in washington …

and also take a look at canadian’s sentiment about the cad$ being in and potentially heading deeper in the toilet about the effect on their not just current but also future financial well-being.

to the fine tune “A Change Would Do You Good” (Sherryl Crow)

[Mtl JP]

GAP – a small uP GAP in eurdlr

too tiny , for me , to get excited for now

[GVI Forex 2]

THIS WEEK’S MARKET-MOVING EVENTS (all days local)

Between the drop in the February NAHB/Wells Fargo housing market index by 5 points to 42 and the 4.9 percent fall in January existing home sales to 4.08 million units, there are emerging signs of weakening in the housing market. Despite moderation in home prices, builders and buyers are reacting to uncertain economic conditions with increased caution. Builders aren’t as optimistic about the outlook despite the prospect of loosened regulation. They are facing renewed upward price pressures on materials and labor, and potentially shortages of needed inputs. Consumers are worried about decreasing purchasing power with an uptick in inflation and their job security. And finally, there is little chance of meaningfully lower mortgage rates in the near future with the FOMC set to maintain restrictive monetary policy for the time being.

Econoday

[Mtl JP]

another joke. no, actually two jokes:
–
RBC among four banks to settle U.K. bonds collusion case for US$127 million
Traders unlawfully shared details on pricing and trading between 2009 and 2013, says U.K. markets authority

Traders at Citigroup Inc., HSBC Holdings PLC, Morgan Stanley and Royal Bank of Canada unlawfully shared details on pricing and trading in chatrooms between 2009 and 2013, the Competition and Markets Authority(CMA) said on Friday. Deutsche Bank AG, was exempted from the penalty as it was the first to self report its involvement. … – financialpost

[Mtl JP]

POOF! … the end
“Zelenskyy ‘willing to step down’ in return for Ukraine’s NATO accession
The Ukrainian president said that he is focused on Ukraine’s security today and called for further guarantees from Europe and the US.” – euronews

could not step down fast enough. but nooooo he still tries to set conditions

[Belgrade Bobby]

German elections – not all votes have been counted

 

[Anonymous]

EURUSD:- fwiw… My target on this pair is still 1.1036.

[Anonymous]

fwiw… German unemployment hovering around 6% and it’s been undergoing a recession for the past 2 years.

[Belgrade Bobby]

GBPUSD Daily

Supports: 1.26250, 1.25500 & 1.25350

Resistances: 1.26800, 1.27250 & 1.27500

Pattern calls for another leg Up – tomorrow.

[Author]

Posts