[GVI Forex 2]

US500 4 HOUR – Is the low in?

Chart suggests the low COULD be in but to confirm 5872 would need too be broken.

Meanwhile, 5900 has replaced 6000 as the pivotal level.

[GVI Forex 2]

XAUUSD 4 HOUR CHART –Tough call

This is a tough one to call with retracement momentum broken but as noted earlier XAUUSD faces layers of resistance at 2920 (briefly broken), 2930 and 2945 ahead of the record 2956 high… today’s high 2927

Only back below 2859 would put the low at risk again.

[GVI Forex 2]

Last pop in EURUSD coincided with a major bank call for a moive to 1.10

[Belgrade Bobby]

NIO Inc.

4.10 provided some support to Nio for now.

Now it needs to go above 4.45 to get back into game.

4.00 is a very important level – if Nio wants to be a player it has to stay above it.

[Belgrade Bobby]

XRPUSD

Support at 2.20 held its ground and we have opportunity for more Up tomorrow.

3.00 is a resistance that can prove difficult to overcome right now, so don’t expect miracles.

2.40 should provide a platform for next launch.

[GVI Forex 2]

Stocks bouncing… bond yields moving up… USDJPY higher either from risk on and/or a firmer EURJOY

[GVI Forex 2]

May be giuvi8ng the EUR a boost

try Newsquawk for 7 Days Free

[Belgrade Bobby]

DAX – GER 30

22.200 – Major support needs to hold if DAX is to continue Up right now.

Current pattern signals a Sell off , but in my experience stranger things happened then if DAX is to continue Up from around here. Just saying what I know…

If this drop was a result of a savage profit taking, it wouldn’t surprise me to see 22.200 holding and DAX continuing its trip…

But we can’t know that, so we have to be ready for trend change.

21.450 is another strong point that can provide footing to it.

[Belgrade Bobby]

BTCUSD – Bitcoin

Coin is forming a nice Bullish formation – needs to close tonight above 87.200 for next Leg Up tomorrow.

Resistances: 91.000, 93.800 & 95.000

Supports: 85.000, 83.200 & 78.000

[Belgrade Bobby]

EURUSD 4h

EUR coming close to 1.06050 resistance.

Expect significant pull backs tomorrow , before Up again.

Supports at : 1.05600, 1.05350 & 1.04900

Resistances : 1.06050, 1.06300 & 1.06800

Once above 1.06300 first target is 1.07450

[GVI Forex 2]

This was a textbook day (for me st least)

EURUSD sell on EURGBP sell order gave a buying opportunity treating it as a correction … I have discussed this many times… contact me if you want more info

Reaction to news is what matters… EURUSD reacting to German defense spending need

[GVI Forex 2]

USDCAD spikes higher as trade war rhetoruc heats up

try Newsquawk for 7 Days Free

[GVI Forex 2]

Once EURGBP ran out ouf steam (order filled) and bounced, EURUSD selling eased but would need to regain 1.0528-30 to regain a strong bid.

[GVI Forex 2]

EURGBP 30 MIN CHART – Sell order

You cab see by this chart where EURUSD sellimg was coming from

If a EURGBP bottom is in, EURUSD selling should ease.

[Mtl JP]

euro 1.0515 – ish
–
euro closes under its 100dma , and I ll be on the lookout rally is petering out

[GVI Forex 2]

Those looking for a flow weighing on the EURUSD it is a EURGBP sell order.

[GVI Forex 2]

Bit of an FX battle going on as stocks sink but hard to make a case for the USD unless it regains its safe haven role.

[GVI Forex 2]

EUR getting a brief (algo news reaction) lift but mainly on crosses as EURUSD stays below 1.0550… falling back to to test 1.0530

try Newsquawk for 7 Days Free

[Adam Global]

GBP hit my Tp of 1.27500

Germany-40 index hit my SL of 23000.00

Then Germany-40 index collapsed

[Belgrade Bobby]

DAX – GER 30

DAX opened with a Gap – to the downside.

Current support is at 22.550

Carefully now – I said yesterday that fundamentals will drive DAX Up in the future, but this might be a perfect time for profit taking and some correction – be it a sideways or more deeper…

As long as DAX stays above 22.550 , 22.400 & later on 22.200 it is extremely Bullish.

[Mtl JP]

President Trump’s Prefered Incite and Incentive Tool:

Rtrs / Trump says Japan, China cannot keep reducing value of their currencies

Summary
Weak Japan, Chinese currencies ‘unfair’ to U.S., Trump says
Solution to weak-currency policies is tariffs, Trump says
Japan says it is not adopting policies to directly weaken yen
China keeps guiding yuan firmer
March 4 (Reuters) – U.S. President Donald Trump said he told the leaders of Japan and China they could not continue to reduce the value of their currencies, as doing so would be unfair to the United States. …/..

[Belgrade Bobby]

EURUSD Daily

Resistances: 1.05650, 1.06050 & 1.07250

Supports: 1.05050, 1.04750 & 1.04450

1.05650 represents a minor resistance level now, and more interesting is 1.06050.

One possibility is that this whole situation ends up as a big SHS pattern.

In my own opinion, we are already on the road to 1.09, but as I said yesterday – lots of fundamentals are in the cards and before it all passes we should take it one day at the time.

[Mtl JP]

EURUSD 1.0547
–
so puppy s got good tailwind seeing as it prances N of its 100dma

IF it holds S, odds are for another 100 pips, possibly go for the 200dma

[GVI Forex 2]

US OPEN

China imposes retaliatory tariffs, US futures modestly lower and USD hit ahead of Trump’s State of Union Address

Good morning USA traders, hope your day is off to a great start!

Here are the top 5 things you need to know for today’s market.

5 Things You Need to Know

Canada said it will impose retaliatory tariffs on US imports from Tuesday. China announced additional tariffs of up to 15% on some US goods from March 10th.

European bourses hit as the region reacts to the latest Trump tariffs; US futures modestly lower.

USD remains on the backfoot, EUR digests defence spending pledges, havens firmer.

Bonds bolstered by growth concerns and tariff updates despite pressure from block trades & EU spending.

Crude pressured continuing Monday’s bearish bias, XAU shines on tariff updates & growth concerns.

try Newsquawk for 7 Days Free

[GVI Forex 2]

And EURUSD busts through 1.0528-34… another example of my motto, The Forex Market is driven by a never ending quest to run stops,

[Mtl JP]

EURUSD 1.0527 – Res price zone
–
time to shut up and trade
either get rich or die trying

[GVI Forex 2]

USDJPY busts throiugh 148.56… now needs to see 148.50-60 tpobecome resistance to put the risk on 148 and below

[GVI Forex 2]

Already-nervy markets were greeted on Tuesday with a full-blown trade war and major diplomatic row, as fears of a first-quarter economic downturn erased hopes that the U.S. economy will sail through the disruption unscathed.

U.S. tariff hikes against Canada, Mexico and China are set to go ahead and have already been met with retaliatory measures from Beijing.

Morning Bid: US policy fog spells trouble

[Mtl JP]

USDCAD 1.4432
–
players are now pricing a 1/4 pt cut march 12th , total of 3 1/4 pt cuts 2025

[Mtl JP]

QUI BONO
–
How brilliant is this:

Europe looks to mobilize $840 billion in defense spending boost, EU Commission head says

New plans from the European Union to increase defense spending could potentially mobilize as much as 800 billion euros ($841 billion), European Commission President Ursula von der Leyen said Tuesday.

“Europe is ready to massively boost its defense spending,” she said in a statement.

The plan will include 150 billion euros of new joint EU borrowing for member states to invest in defense.

[Author]

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