After reading this headline and seeing EURUSD spike higher it reminded me of this blog artcile (see below) which is worth A READ

Source: Newsquawk.com
Is the Trump Effect Impacting the EURUSD and the DAX?
Here is a question? Why has the EURUSD recovered and DAX at record levels given the risk of Trump tariffs. prospect of lower interest rates, an underperforming German economy and political uncertainty in Germany (and France)?

President Donald Trump could announce his most sweeping tariffs yet Tuesday, unveiling reciprocal tariffs that Trump argues would level the playing field for the U.S. in global trade and would instantly become the hallmark economic policy of his nascent second term, though economists project they would increase inflation this year.
For us traders 2mrw let’s be careful trading coreCPi
This article is worth revisiting as long as Monday’s USD highs stay untiuched although timing may be off for a Monday Effect.
This is a term I coined to identify a forex trading pattern that I watch out for each week. I call it the Monday Effect and when it plays it, there are usually significant moves in the market. So, you need to be aware of the Monday Effect, which I reveal in the following article…
Another Trading Secret Revealed: The Monday Effect

Your field Bobby…hope you don’t mind
GME: GameStop Stock Pops 10% as Traders Jump to Conclusions Again—This Time It’s Bitcoin
Retail traders rushed to GME shares after CEO Ryan Cohen posted a picture of him and the world’s biggest Bitcoin maxi Michael Saylor.
🚀 GME Shares Pump 10%
· GameStop stock GME rallied 10% Monday as retail traders scooped up the shares after speculations that the video game retailer might be venturing into Bitcoin. The reason? GameStop chief executive Ryan Cohen posted a picture with the co-founder of Strategy (former MicroStrategy) Michael Saylor.
· And there you have it — GameStop’s market value soared more than a billion dollars on a photo posted on social media. It’s not unusual — the stock is highly sensitive to social-media posts, especially those from Keith Gill, a.k.a. Roaring Kitty.
Apple’s AI Push Boosts Older iPhone Sales, Morgan Stanley Says
Morgan Stanley notes that Apple’s AAPL new AI initiative, Apple Intelligence, slightly improved iPhone demand in the U.S. during the December quarter. However, the boost came mainly from discounted iPhone 15 Pro models rather than the latest iPhone 16 series. Emerging markets like India remain a key growth driver for Apple, with iPhone shipments up 4% year-over-year in South Asia.
Meanwhile, Apple AAPL recently agreed to a $490 million settlement to resolve claims that CEO Tim Cook hid declining iPhone demand in China.
As I have said many times, There is no reason to guess at a top when something is trading in unchartered waters (i.e. record highs) until charts tell you there is a reason to do so.”
This has especially been the case in GOLD…
GER30 4 HOIUR CHART – Back on the march higher

With the opening week gap filled, DAX is on the march again into record high territory.
So, the question is if tariffs and the threat of a trade war are such a risk, why is the DAX continuing its move higher.
22000 is the next obvious target.
‘Keeps a bid while above 21726
Newsquawk US Open
US equity futures & Bonds lower as markets digest Trump tariffs, Fed Chair Powell due
Good morning USA traders, hope your day is off to a great start! Here are the top 6 things you need to know for today’s
6 Things You Need to Know
US President Trump signed proclamations to reimpose a 25% tariff on steel and aluminium imports and declared there are no exceptions or exemptions, effective March 12th.
US President Trump said they are looking at tariffs on cars, pharmaceuticals and chips and will hold meetings over the next four weeks, while they will do reciprocal tariffs over the next two days; Trump also commented that tariffs on metals could go higher and he does not mind if other countries retaliate.
US President Trump is expected to sign executive orders on Tuesday at 15:00EST/20:00GMT.
European stocks are indecisive as markets digest the latest tariffs; US futures are modestly lower.
DXY is a little lower but with price action contained as markets brace for more trade turmoil.
Bonds reel as Trump hits steel, BoE’s Bailey and Fed’s Powell are set to speak; crude gains whilst metals take a hit.
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Hi all, there is a temporary pull back on the xau/usd (gold), from price 2942 to the present price at 2901. This is a support line as market can pull back up (buy) from here and return to its former buying position. If we are on a sell let’s not sleep there thinking it will continue its bearish movement for long.
Brace up, market might soon start buying again on the Gold. Enter your Trades with caution of 2-5% risk of capital. A word is enough for the wise!
Thanks,
TOPNINE.
XAUUSD 1 HOUR CHART – Ready for a pause?

Lock me up and throw away the key if I say charts show potential for a XAUUSD top or at least a pause and a time out to collect its breath given the strength of the trend.
Well, that is what this chart is showing
– Pause or just a breather as long as the 2942 high stays intact.
– Risk of a shift in directional; risk towards a retracement if 2920 holds on top and is followed by a break of 2896.
– Otherwise, it is just taking a breather with 3000 on its radar as long as it trades above 2896..
Using my platform as a HEATMAP

What caught my eye walking in is not the tight fx ranges
but a sharp spike in XAUUSD that has not followed through and the 10-year US bond yield above 4.50%.
Key events: Fed Chair Powell’s testimony… see detailed preview
Trump announcement on reciprocal tariffs… due Tuesday or Wednesday
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