[Mtl JP]

has waller gone stupid ?

“As it stands “the data are not supporting a reduction in the policy rate,” Waller said. “But if 2025 plays out like 2024, rate cuts would be appropriate at some point this year.”

[GVI Forex 2]

How Do Leads and Lags Impact Currency Trading?

I remember the term leads and lags from my studies in economics but it is not a term I see these days. While I am not privy to the way corporates hedge currency risk, leads and lags are important to understand as they can have an impact when a currency is trending as a business looks to hedge risk or take advantage of it. .

[Mtl JP]

EURO just gapped 1.04865,
still pooping a few pips

[Mtl JP]

A MISTAKE boyz n gurlz …
–
US 10-YR 4.478% -0.047
“Treasury yields fall as investors weigh the state of the U.S. economy” – cnbc
and earlier this morning: “Fed’s Bowman says more progress on inflation needed before further rate cuts” – cnbc

POOF! confidence in “on sustained path towards 2% inflation target”

[Belgrade Bobby]

XAUUSD – Gold

Gold is forming a Top right now.

Probability to continue to new high is dropping every hour now.

Losing 2850.00 will open a road for 2800.00 first and subsequently 2700.00

[Mtl JP]

18:00 – waller yaks

22:30 AUD RBA Interest Rate Decision High 4.1% 4.35%
some headlines are pre-announcing a rate cut.
“to rekindle economic growth”

[Belgrade Bobby]

DAX – GER 30

The DAX Index Closes 1.26% Higher

In Frankfurt, the DAX Index went up by 285 points or 1.26 percent on Monday.

Top gainers were Rheinmetall (14.67%), Siemens Energy (3.74%) and Munich RE (2.50%).

Now headlines aside, what can we expect next?

Frankly, this is an uncharted territory and so far it behaved very technical.

Having that fact on mind, now we have to use something that many would laugh at – Thumb analysis…after you laughed long and loud, pay attention :

–          Whenever I want to avoid that laughing I call it Time-Space analysis, and so far it worked like a charm

–          No rally can go on for ever

–          Without a decent correction, we have to assume that any instrument that goes so sharply Up will go down the same way

–          So either a correction soon or it is going to be a classic Blow of Rally

I would like to see DAX testing 22K again

I wouldn’t like to see Savage Profit taking that might end up changing the trend at the end.

[Adam Global]

Almost there 👌

2mrw TP hit

Thanks to Global view  for signals

[GVI Forex 2]

Quick recap as I highlighted the flows earlier…

EURJPY… broke 190.31 (last 189.70)

EURGBP… trading in the .8290-.8305 support zone (last .8299)

EURUSD low dead on at 1.0468 AT support (last 1.0482)

[GVI Forex 2]

How Do Leads and Lags Impact Currency Trading?

I remember the term leads and lags from my studies in economics but it is not a term I see these days. While I am not privy to the way corporates hedge currency risk, leads and lags are important to understand as they can have an impact when a currency is trending as a business looks to hedge risk or take advantage of it. .

[Dora]

Not much movement today

[ST London]

EurJpy

[ST London]

I ll let others draw the exact lines but the concept is once the T/L is broken we start the next move to at least 145 then eventually to 132 -128

[GVI Forex 2]

The Amazing Trader (AT) — all you need to trade 

Real time charting lalgo , amazing trading linesa  that form patterns to trade.

AT identifies imbalances in a market where one side is having trouble absorbing the flows. It then shares a strategy to take advantage of these patterns to execute “high probability” trades.

Illustration:

One-hour USDJPY chart

Blue at lines indicate an Imbalance to the downside

Sell with stop above a blue line.

Ride the trend down.

Sign up for a free AT trial

Joing GTA (free) and request a 50% AT discount

[Edikan Matthew]

Gold is above the 50 EMA on the 4 hour timeframe, Stochastic has crossed over below 20%, indicating oversold positions. I believe there’s a reasonable chance that we see a bounce in price.

[Edikan Matthew]

[Belgrade Bobby]

Let’s put those supports roughly at around 1.04500 EURUSD

[Belgrade Bobby]

DAX – GER 30

Dax continues to hit new highs – trend that started in late 2024.

And it goes stronger and faster.

So what might be behind this latest run – last 8 days?

Reuters claims : European stocks hover near record high on defence boost
European shares hovered near a record high on Monday, boosted by defence stocks amid growing U.S. calls for the region to amplify military spending for security.

But in my own view – this was all “written” on charts months ago, and especially after DAX broke above 22.000

So Targets are at 23 & 24 K

[GVI Forex 2]

Bobby, I show minoir support at 1.0467 with 1.0447 needing to hold to keep the focus on 1.04 and away from 1.0370-00.

[GVI Forex 2]

EURGBP 4 HOUR CHART – Key support zone

The other cross flow weighing on EURUSD (and giving some support to GBPUSD) is EURGBP, which faces a key support zone at .8290-.8305

On the upside, key intra-day resistance is at .8326.

[Belgrade Bobby]

EURUSD Daily

Supports: 1.04350, 1.03950 & 1.03650

Resistances: 1.05050, 1.05150 &  1.05500

Aside of my previous statement that this is a Correctional angle ( current uptrend) , let’s avoid any predictions right now.

Test of Supports is on the cards and 1.04350 is a level to watch – if taken out this move Up is over.

[GVI Forex 2]

EURJPY 4 HOUR CHART – KEY LEVEL

Key level to watch is 190.31 (use 190.00 as well) as there is a void below it.

Whatever the JPY order is it isa helping to keep EURUSD away from 1.05 and USDJPY and USDJPY beloiw 152.

[GVI Forex 2]

GER30 4 HOUR CHART – New record high

No reason to guess at a top unless sub-22000 starts to trade.

Next big figure is 23000

Back below 22309-22428 would be needed to shift risk back to 22000.

[Topnine]

GOLD (XAU/USD) opened at around price 2881 early this morning. It then went long (bullish) to the area of 2906, the highest point it ever got to till this moment. We see a retracement to the area of 2895 after which it went a bit long to its former position. The time is 1pm Nigerian time this Monday afternoon and the mood is good.

The price at 1pm is 2901 now. I forsee a small sell to tje price of 2895 to form a support level before a return to its former buy position. Happy Trading.

Please do not overtrade as it might ship wreck your Account. 2-5% of your Capital is what I recommend. Aword is enough for the wise.

Thanks,
TOPNINE.

[GVI Forex 2]

USDJPY 4 HOOUR CHART – JPY OUTPERFORMING

Chart is clear…

Steady move down since the failure to reach 155

Only 152+ would negate the risk to the recent 150.90-95 llow, break of which would open the door to 150.

This ia why the 151-152 is a key zone.

[GVI Forex 2]

XAUUSD 4 HOUR CHART – Level to watch

Failure to test 2863 contains the downside but needs to regain 2906 to negate the retracement risk and put 2942 record high in play again.’

 

[GVI Forex 2]

Using my platform as a HEATMA[

US holiday, thin liquidity

USDJPY weaker (JPY firmer) after GDP beat… raises expectations of a rate hike

EURUSD failed again above 1.05… held down by EUR weaker on its crosses led by EURJPY, lesser extent EIRGBP)

 

[Adam Global]

Thanks 2 this group m even in profit in Ger40

Thanks 4 posting about it

More money 4 me

[Adam Global]

Japan still on the trendline of bearish

People are now eyeing the 150.000 quarter point

[Adam Global]

Bitcoin still stuck on theconsolidation 

[Author]

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