[GVI Forex 2]

What Does it Mean for Trading When Two Currencies Move in Opposite Directions

There was a time when bank traders were free with disclosing real money flow information.  Those were the days as bank traders used to post on our private global-view forum.

Those days are long gone.

 

[Dora]

Mtl JP – Thank you.

[Mtl JP]

Dora – maybe too early , 13 or lower would be a better confidence level for volatility

[Dora]

$VIX

Calm before the storm ?

[Belgrade Bobby]

Invesco QQQ Trust, Series 1

Lots of fuss over all the social media on this one.

It hit a new high – just marginally higher than previous one.

Still it can be a sign of what’s next.,.

Road is open now for rally and the target can be as high as 567.

[Belgrade Bobby]

Apple Inc. –  AAPL

Is Apple going for a new high?

Well maybe, but I don’t think that it is going to happen right now.

It needs a month or even two of taking-giving before it can run high…

Support is around 230.00 and Resistance at 245.50

[Belgrade Bobby]

XRPUSD

Little Coin still on defence – needs to take over 2.85 to be able to fly…

Support awaits at 2.20 and if proves to be hard to break will launch XRP Up again

[Belgrade Bobby]

Opendoor Technlogies Inc. – OPEN

Trying to avoid more sinister future, Open started slowly rising – but in my opinion it is still lame.

There is still a chance of not only visiting previous low, but hitting a new one.
1.85 is serving as pivotal and so far doesn’t look like within the reach.

On the bottom side 1.13 is waiting …

[GVI Forex 2]

NAS100 4 HOUR CHART WATCH 22000

While 22000 is pivotal, 21935 is the key lev  el across time frames

So watch 22000 as that will set the tone but 21935 needs to hold to contain the downside.

[Belgrade Bobby]

NIO Inc.

Those of you who followed my every posting on NIO know that I mentioned this particular scenario days ago : First sharp drop to 4.00, followed by a strong rebound Up.

This is now a situation that we were waiting for – Downtrend line broken clearly, and now has to act as a Support for any additional run Up.

It is placed at 4.30 right now.

On the upper side – next hurdle is at 4.70

We’ll follow it closely now…let’s see what next few days will bring.

[Belgrade Bobby]

Nvidia – NVDA

Nvidia broke above previous support / now resistance and reached a new resistance at 143.45. Unless it manages to hold above 138.10 it can easily drop back to around 120.00

However, if support at 138.10 remains intact, we can see new high fairly soon – 160 comes to mind first….

[GVI Forex 2]

US500 4 HOUR CHART –AT ROCKS

What you see on this chart is no coincidence, the downside holding an Amazing Trader (AT) support. Line.

So a double top on a one hour chart at the new record high 6133 and a double bottom on a 4 hour chart around 6104…

Could go either way… the downside more at risk while below the former high at 6118 BUT back above it would put the new high in play again. .

 

[GVI Forex 2]

XAUUSD 4 HOUR  CHART – BULLD BACK IN CONTROL

As noted earlier, the move back above 2906 puts the bulls back in control.

For a run at 3000 to come on the radar, 2942 and then 2950 need to be broken and become support.

[Mtl JP]

CIO on squawk box
Gold rally driven by countries ‘starting to give hesitance’ in owning U.S. treasuries: CIO — on cnbc

interesting postulations

BUT … scratching my noggin … where (in NY) have I seen treasury buyers (who, which one) …
fly over and ask: how would you like us to not just go on strike BUT also start to sell your crap paper ?

I know some here on the forum fondly remember *.”

[Edikan Matthew]

[Mtl JP]

4.542% … it is a struggle

puppy still needs something to encourage it to yield a bit more

[Mtl JP]

10-yr struggling to yield 4.55+

as bond types ponder economic incomings and political tuggings and ticklings

[Mtl JP]

not interested in real peace deal huh

“EU to uphold Russia sanctions regardless of US” – commissioner

[GVI Forex 2]

Stocks remain on the backfoot.. see earlier posts

[GVI Forex 2]

USDJPY back to 152

US 10 YEAR –

back to 152,

[GVI Forex 2]

This came out earlier and may be weighing on the EURUSD (see earlier posrs)

Source: Newsquawk.com

[GVI Forex 2]

EURUSD selling seems to be coming out of EURGBP (last .8285)

[Adam Global]

Bitcoin is breaking down

Sellers are now aiming at 90000.00

[Adam Global]

Dax is back after taking a dip on 22750

but now 23000.00 is expected to hit 2mrw morning

Hopefully I’ll hit my Tp

[Adam Global]

Xauusd  is back above

Please tell gold to break 2940 level

& hit 2955.00

Hopefully a triple top is ruled out

[GVI Forex 2]

It looks like winding down the Ukraine War will not be a slam dunk.. watch the EUR and DAX for clues.

[GVI Forex 2]

Next event is the fOMC minutes but with Fed policy on hold it should not be a market mover although we could use some news volatility.

[Mtl JP]

GVI – market mood and themes:
in his expert wisdom waller said earlier that any rate cut be needing to wait for the inflation “bump” to fade (booowa-hahaha, tks waller for the laugh); in the meantime players are chewing over tariff risks (consequences do not appear all that clear as some economists / pundits with hair on fire scream) so
Bottom Line
is that FX likely to remain tame until something comes out clearer to stirr bonds

[GVI Forex 2]

NAS100 1 HOUR CHART – Correction

Focus is on equities, this time on the3 downside.

While 22000 is pivotal, 21935 is the key level across time frames

[GVI Forex 2]

JP, if that waj the catalyjt EUEUSD WOULD BE LOWER BUT… LAST 1.0457

[Author]

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