[michael Calif]

Nov 14 repost.   daily charts.    Law of Time remains Long Euro futures; buying any and all dips.    Option Profile gtwo3

[Belgrade Bobby]

EURUSD Daily

Resistances : 1.05050 , 1.05150 & 1.05400

Supports : 1.04500, 1.04250 & 1.03850

It will test down again on Monday – if makes it below 1.04500 there is space all the way till 1.03300

 

[Belgrade Bobby]

BTCUSD

Still Bullish …

Supports : 100.450 , 99.300 & 98.300

Resistances : 102.650 , 104.050 & 107.950

 

[Belgrade Bobby]

XRPUSD

XRP Joins AI Hype Train With $100 Million Investment
There is a new development in the cryptocurrency world that has people talking. XRP, which has been flying under the radar lately, is set to benefit from a $100 million investment in artificial intelligence development. The commitment comes from KaJ Labs, the developer behind Atua AI, a platform focused on on-chain enterprise solutions. Their plan is to integrate advanced AI tools into the XRP ecosystem, enhancing its functionality within decentralized finance (DeFi) and enterprise operations.

[Belgrade Bobby]

NIO Inc.

Nio touched the support today at 4.45. As long as it doesn’t close below that line it can consolidate.

Market Chatter: NIO Seeks to Boost Sales Via Improved Efficiency, Cost Control

[GVI Forex 2]

Stoclks unfazed but bond yields continue bto climb

10-year 4.407%

[GVI Forex 2]

10 year yield 4.381%… USDJPY at the high of the day (153.71)

[michael Calif]

previous.  daily charts.  All markets seem to respond to 38′ Time vibrations.   6525 nearby Yen futures is one such magnet from the Sep 15 high.    Option Profile gtwo3

[GVI Forex 2]

GBPUSD DAILY CHART – GBP Under Fire

GBP remains under fire vs. EUR, pressures GBP{USD

A firm freak of 1.2617 would leaves little until the major 1.2467

[GVI Forex 2]

US bond yields continue to climb

[GVI Forex 2]

EURUSD 1.0492…. Using Crosses to Trade Spot FX 101

[GVI Forex 2]

Deja vu (see prior post)

EURUSD 1.0500 last

EUR crosses topped out, EURUSD lost its uber its bid

[GVI Forex 2]

Simple algebras

EURJPY = USDJPY X EURUSD

USDJPY stalls on upside, only way for EURJPY to move higher is then via a firmer EURUSD

EURGBP = EURUSD/GBPUSD

GBPUSD stalls on downside, only way for EURJPY to move higher is via a firmer EURUSD

EURUSD LAST AT 1.0518 (FIRMER)… BUT STILL BELOW THE 1.0530-40 RESISTANCE… TEST FOR EURUSD WILL BE WHETHER IT CAN KEEP A BID ONCE ITS DROSSES TOP OUT…. A test it failed yesterday in a similar situation

[GVI Forex 2]

Firmer US yields pulling oithers higher as well

[GVI Forex 2]

NEWSQUAWK US OPEN

Risk sentiment improves with havens on the backfoot, DXY around 107.00

Good morning USA traders, hope your day is off to a great start! Here are the top 4 things you need to know for today’s market.

4 Things You Need to Know

European bourses and US futures are generally firmer with specifics light, diverging from soft APAC trade; AVGO +15%.

DXY trades around 107.00, GBP hit by soft GDP, JPY lags.

Fixed benchmarks in the red post-ECB and ahead of a blockbuster week.

Commodities contained, focus remains on geopols after Russian strikes on Ukrainian infrastructure and Blinken comments.

Try Newsquawk for 7 Days Free

[GVI Forex 2]

Guess which one is the path of least resistance?

With USDJPY and EURUSD both up, the former outpacing the latter out of a firmer EURJPY, it is a good time to revisit this article

Jay Meisler’s Common Sense Trading: How You Can Identify the Path of Least Resistance?

[GVI Forex 2]

A look at the day ahead in U.S. and global markets by Samuel Indyk

The stellar year for U.S. stock markets took a bit of a breather on Thursday, perhaps expected after a rally that has led the Nasdaq to 20,000 for the first time this week and the S&P 500 to another new record high.

Gains have been driven by optimism over artificial intelligence and rate-cut expectations, with attention now turning to the Federal Reserve’s last policy meeting of the year, beginning next Tuesday.

The central bank is likely to follow up November’s 25 basis point rate cut with another of the same magnitude, taking the fed funds rate to 4.25%-4.5%.

But where the Fed plans to take rates in 2025 is what will interest markets more.

Morning Bid: Wall St near records as central banks end 2024 with rate cuts

[GVI Forex 2]

EURJPY DAILY CHART- Who’s driving the bus?

When you see 2 currencies move in opposite directions vs the USD you can assume there are real money flows driving the bus…. creating a tuug-of-war between USDJPY and EURUSD

This is the case today in EURJPY… key level is the daily trnedline (162.40)…watch shorter time frame charts f

[GVI Forex 2]

Today is Friday the 13th

[GVI Forex 2]

USDJPY DAILY CHART – VOID

6 up days, green candles in a row… void of key resistance until above 155… makes 153.50 a pivotal level along with 153.64 (61.8%)

Keeps a bid as long as 152.50-80 holds as support.

FIBOS (156.72-148.65) — note 61.8%

[GVI Forex 2]

Market is catching up to my thinking.. posted in our blog

While attention is on the December 18 FOMC decision, where a 25bps rate cut is widely expected, the focus should quickly shift to looking ahead. This is especially true if the Fed decision is viewed as a hawkish rate cut.

A Case for a Hawkish Fed Rate Cut Decision

 

[GVI Forex 2]

First thing I do when starting my day is to treat my platform as a heatmap to see where flows are going.

EURUSD steady as EUR up on key crosses (vs. GBP, JPY, CHF)

GBPUSD down – 2nd consecutive month of negative GDP

US bond yields steady but up sharply on the week… USDJPY and USDCHF up

[GVI Forex 2]

From an earlier Reuters article

longer-dated Treasury yields are headed for their biggest weekly rise in a year on receding U.S. rate cut expectations for 2025.

[GVI Forex 2]

From an earlier Reuters article

longer-dated Treasury yields are headed for their biggest weekly rise in a year on receding U.S. rate cut expectations for 2025.

[SF Monedge]

UsdJpy is heading for 153.20.  That value is a recuring price magnet which has been met many times.

[GVI Forex 2]

In our blog

Our innovative Trading Signals feature helps you identify trading opportunities effortlessly. Our signals, highlighted by an easy-to-spot icon, provide quick, pertinent data, so you’re always ready to seize the moment.

Revolutionising Your Trading With AvaTrade’s High Probability Trading Signals

[GVI Forex 2]

10 year closing at 4.336%…pulling USD higher…USDCAD breaking the stubborn 1.4195 level

[GVI Forex 2]

US500 4 HOUR CHART – FAILURE?

Failure to break 6101 follow NAS to a new record high has left US500 vulnerable to a retracement but only a break of 6033 would confirm.

Note higher US bond yieldsw may have been a weigfht on stocks.

[GVI Forex 2]

XAUUSD 4 HOUR CHARTT – MISSION ACCOMPLISHED THEN…

We have been citing 2721 AS THE NEXT TARGET AND A BRIEF RUN THROUGH IT DID NOT LAST.

This leaves 2674 as the level that needs to hold to keep the risk on 2721+ as a break would put an end to this latest episode.

In any case, back below 2656 would suggest a greater retracement risk. Otherwise esxpet some consolidation.

[Belgrade Bobby]

NIO Inc.

Nio came close to the support 4.40 – as I said yesterday …

Now let’s see if it can hold tomorrow – if not we are eyeing first the horizontal support at 4.30 and then drop to 4.00

[Author]

Posts