[Mtl JP]

Is the market tense, nervous, anxious or what

[Mtl JP]

EURO 1.1180-ish

What is your bet for at 1.11 – 1.1105 ?

[GVI Forex 2]

Bobby’s earlier post

September 4, 2024 at 9:14 am

EURUSD 4h

Borders of a current channel : 1.10250 – 1.10750

Supports : 1.10500, 1.10400 & 1.10250

Resistances : 1.10650, 1.10750 & 1.10950

Pattern wise : we should see Upticks in next 4h

[Mtl JP]

14:00 – beige book

is another opportunity for the FED gang to publish “what would you like it to say sir / madame”

how about hinting that it will not take much for 50-pointer cut

[GVI Forex 2]

I gave the alert earlier to watch the JOLTS report… came in lower than expected…USD reacts down accordingly

[GVI Forex 2]

BoC cuts 25ps as expected… small buy the rumor sell the fact reaction so far

[GVI Forex 2]

Mixed signals… stocks popped up… firmer AUDUSD gave a heads up but USDJPY is lower despite the uptick in stocks

[GVI Forex 2]

BoC decision in 20 minutes

[michael Calif]

law of vibration turning here, should send Crude Oil prices higher  …    :gtwo3

[GVI Forex 2]

XBRUSD 4 HOUR CHART

Crude oil i getting a lot of attention as a risk indicator after melting down further yesterday. t then got a dead cat bounce today to 75.72 on chatter OPEC+ may hold off expected production increases..

Whatever the case, a solid move back above 75.00 would be needed to cool the sell-a-thon.

[GVI Forex 2]

EURUSD 1.1050 is the USD indicator

S&P500 5500 level i the risk indicaotr

[GVI Forex 2]

[GVI Forex 2]

This may get some attention… US JOLTS (job openings) due at 14:00 GMT.. trend has been down…see chart below from our Economic Calendar

 

[GVI Forex 2]

A look at the day ahead in U.S. and global markets from Mike Dolan
Wall Street seems to be making a habit of these early month stock plunges, with Tuesday’s tremor a mild aftershock from the brief August quake one month ago.

Morning Bid: Stocks in seasonal sneeze as factories flunk

[GVI Forex 2]

A look at the day ahead in U.S. and global markets from Mike Dolan
Wall Street seems to be making a habit of these early month stock plunges, with Tuesday’s tremor a mild aftershock from the brief August quake one month ago.

Morning Bid: Stocks in seasonal sneeze as factories flunk

[GVI Forex 2]

US500 DAILY CHART – FIBOS

Given how equities are setting the risk tone for the FX market, stocks should continue to be a focus.

The sharp move up, which did not reach its record high, has left little in the way of obvious supports.

This leaves 5500 as a bias setter with FIBO levels being potential supports.

[Belgrade Bobby]

EURUSD 4h

Borders of a current channel : 1.10250 – 1.10750

Supports : 1.10500, 1.10400 & 1.10250

Resistances : 1.10650, 1.10750 & 1.10950

Pattern wise : we should see Upticks in next 4h

[GVI Forex 2]

USDCAD DAILY CHART – WAITING FOR THE BOC

USDCAD continues to recover ahead of the BOC decision, where a 25bps rate cut is widely expected.

With little on charts until 1.3738, let’s take a look at retracement levels using our FIBO CALCULATOR

[GVI Forex 2]

A look at the day ahead in European and global markets from Rae Wee

Markets in Europe are set for a rocky start on Wednesday after Asia stocks were left in a sea of red, as worries over the global growth outlook resurfaced and as the blistering AI rally hit yet another speed

Morning Bid: Markets reckon with familiar September pain

[GVI Forex 2]

Tuesday was a good example of

The reaction to news is more important the need itself

[Belgrade Bobby]

test2

[Belgrade Bobby]

test

[GVI Forex 2]

BoC rate decision is the highlight on Wednesday

See detailed previews

WED: BoC & NBP Policy Announcements; Australian GDP (Q2), Chinese Caixin Services PMI (Aug), EZ & UK Composite/Services Final PMIs (Aug), EZ Producer Prices (Jul), Canadian Trade Balance (Jul), US Durables Revised & Factory Orders (Jul), JOLTS (Jul)

[michael Calif]

Jay  –  let’s get to a point where Global-View is the #1 look-see for the Street    :gtwo3

[GVI Forex 2]

street selling equities is not spec driven but real money lightening up.

Of may be just a matter that they tuned into Globsl-View and read Michael’s S&P call.

[Mtl JP]

DLRx 101.82 – prev high 101.847

currently RESistance, however weak or not

[GVI Forex 2]

US500 4 HOUR CHARTB – ONE WAY TUESDAY

It has been one-way today as mood turns to risk off.

Using this C.FD chart, .5542 is support with a risk for .5500-11 if firmly broken.

Back above .5580-00 would be needed to to ease the risk.

[GVI Forex 2]

AUDUSD DAILY CHART – ALL ABOUT RISK OFF

Targeting .6697 while below .6751

Firm break of .6697 would suggest the high is in for now.

Above .6697 would be needed to keep .68+ on the radar.

[michael Calif]

JP – tough to say as this is a time not distance vibration.  next possible turn is early Oct.

[Mtl JP]

DLRx 101.75 / 10-yr 3.846 at 11.12nyt

Concensus says nothing more important this week than Fr’s NFP for market to re-asses FED,s expected rate action on sept 18th which, sofar, have not changed.

In reference to current DLRx’s enthusiasm: puppy s showing a (little) bit of leg and may continue to bounce a little more higher still. But … the dollar is subject to us int rates which, under current market mood, are a counter weight.

12:45nyt – ECB nagel yaks

[Author]

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