A look at the day ahead in U.S. and global markets from Mike Dolan
The AI-related stock shakeout seems to have calmed as investors turn to megacap tech earnings – with the Federal Reserve set to pause its easing campaign in its first policy decision for 2025 just as central banks in Canada and Sweden cut again.
Morning Bid: Tech bounces as eyes turn to ‘Mag7’, Fed meet and Canada cut
EURUSD 4H
Support – trend line taken out – important is how it is going to close this bar (in 2h).
Resistances : 1.04150, 1.04250 & 1.04400
Supports: 1.03900, 1.03700 & 1.03500 ( back to that pivotal level…)
As FOMC come tonight, levels can be breached, trendlines broken, but reaction of the market tonight is going to be wild…so everything is really possible at the end of the day.
I am treating it right now as a Bearish situation and unless I see decisive move back Up , I keep selling on smaller time frames.

Insights you might now find elsewhere
This popular article in our blog is worth revisiting after looking at a EURUSD chart today
I first heard the term “feels bid in an offered market” on the Global-View.com Forex Forum many years ago. It was posted by one of our professional trader members, LA Mel, who used the term mainly for the EURUSD. However, it soon became apparent that it could be applied to all currencies and on both sides of the market (e.g. feels offered in a bid market and vice versa). I soon added to my trader toolbox and still use it today
What Does it Mean When a Currency Feels “Bid in an Offered Market?”
XAUUSD 4 HOUR CHART – CONSOLIDATING

No change from my last update…
The bounce from the midpoint of 2725-35 support, cited well in advance here, leaves 2771 as the key level, not only blocking a run at the 2785 record high but to keeping alive a lingering risk on the downside. .
In any case, expect support as long as it trades above 2730 and the trendline.
Using my platform as a HEATMAP shows

USD Is firmer (except vs JPY but USDJPY Is still above 155)) ahead of the FOMC (and BOC) rate decisions despite lower bond yields as market is showing little fear of the Fed.
USDCAD is firmer ahead of a widely expected BoN 25bps rate cut.
AUDUSD hit after CPI raised expectations of Feb rate cut.
It’s time to revisit one of our more popular articles
Watch 1.0450, 1.2450, 155.50, 6250
HheeeeeRrrrrre is jeff cox:
The Fed meets for the first time since Trump’s term started. Here’s what to expect
The Fed gathers this week for the first time in the second presidential term of Donald Trump, who has already signaled that he wants lower interest rates.
Market pricing is pointing to a near 100% certainty that the rate-setting Federal Open Market Committee will keep the central bank’s policy rate in a target range of 4.25%-4.5%.
“It’s the right call to stay steady,” former Dallas Fed President Robert Kaplan told CNBC.
there ya go boyz n gurls … layed out on silver platter
sooo the next thing is to plan how to game Jerome n gang, IF at all
XAUUSD 4 HOUR CHART – Key levels cited…

The bounce from the midpoint of 2725-35 support, cited well in advance here, leaves 2771 as the key not only blocking a run at the 2785 record high but to keeping alive a lingering risk on the downside. .
In any case, expect support as long as it trades abve 2730 and the trendline.
USDCAD 4 HOUR CHART – WAITING FOR THE BOC

With a 25bps rate cut widely expected, the focus will be on the BoC’s statement and forward guidance.
TEven if there is a buy the rumor, sell the fact reaction, the Fed decision later in the day and President Trump/s threat to impose tariffs on Mexico and Canada on Feb 1 argue for a limit to the downside.
In any case, the wide range remains at 1.4261-1.4515, toighter at 1.4300-1.3346.
CAC40
CAC 40 Edges Lower on Tuesday
French lagging behind Deutch and Swiss – a lot
The CAC 40 slipped 0.1% to close at 7,897 on Tuesday, extending the prior session’s sharp selloff as pressure from DeepSeek’s launch of a low-cost AI model weighed on key equities.
Meanwhile, investors turned their attention to upcoming monetary policy decisions, with the Federal Reserve set to announce its decision on Wednesday, followed by the European Central Bank on Thursday, alongside the ongoing corporate earnings season.
Schneider Electric led losses, plunging 7.5% to its lowest level since September, while Stellantis fell 1.2%, and STMicroelectronics dropped 3.2%, offsetting broad based gains across luxury goods, financial services, and healthcare sectors.

DAX Rebounds and Hits New Peak
Germany’s DAX Index Jumps on Corporate Earnings Boost
The blue-chip DAX index ended Tuesday 0.70% higher as market watchers digest the latest wave of earnings results from major companies, boosting investor sentiment.Sartorius SRT was the top-performing stock during the trading session, gaining 11.47% at closing. The German life sciences group said its preliminary sales revenue for 2024 was broadly in line with the prior-year level and issued a “deliberately cautious” outlook for 2025.

People will see how AI shuts itself down eventually and then everyone clamors for the trusty radio… the young generation of today don’t know what is an AM/FM radio which works on 2 D-cell batteries… it’s all that AI euphoria going on nowadays. Yeah, AI is good but only up to a certain extent it can do one thing which is to help improve the processing powers of the human mind.
Shark Menace: I won’t solve it… too much law law law law law… laws are working against the people… All they need to do is issue a small number of commercial shark harvesting permits to a maximum of like 4 people on each coast, permits allowing them harvesting rights from the shoreline up to 500 foot sea depth, permitting each to harvest and carry no more than 30 fish (above 50 inches) per day into port… it controls the population and is an evergreen source of direct income for fishermen,…
Shark attacks against mankind are becoming more common in almost each and every country which bans shark harvesting for commercial exploitation…
This is (I can be almost sure) going to become a common occurrence where a hobbyist fishing for snapper instead hooks a 6 foot bull shark by mistake and starts reeling it in, and a 9 foot bull shark moves in so quickly and bites the smaller 6 foot bull shark in half and darts off, only then to do a U-turn and swim back around to gobble up the other half of the 6 footer…
Sharks are creatures of ingratitude and cannot be trained/domesticated… Bull sharks have even been caught in freshwater rivers up to 1500 miles away from the ocean… Fully grown sharks have attacked people wading in a river, in as little as 12 inches of water depth…
Now what on earth can AI do to prevent something like that from happening…?
in other words AI is good for only one thing… and that one thing is to shut itself down…
Market’s nowadays panic over the smallest matter… Besides the deepseek rout is a non-event as it just came out over the weekend and has not yet generated even a dolar of profit. At most it’s just a guzzler of electricity,… and a waste of time and money… The oligarchy touting AI as the next best thing cannot benefit from it,… it cannot help them sleep better than the soothing music playing on the radio… Radio AM/FM bands will make more money than AI in the long term… Just wait and see..
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