[Belgrade Bobby]

EURUSD 4h

Break below 1.07350 would open a road for test of previous low.

Levels to watch : 1.07100 and 1.06850

Right now the cap is at 1.07500 and 1.07750

[Belgrade Bobby]

CRWD (NASDAQ)

Missed Out on Nvidia? Here’s Another Top AI Stock to Buy Now.
CRWD stock has risen by 471.7% over the last five years. The company’s revenue has climbed from $249.8 million in fiscal 2019 to $3.06 billion in fiscal 2024. Analysts expect its revenue to grow by double digits over the next two years, and rate the stock as a “strong buy” overall.

[Belgrade Bobby]

Nvidia’s Ascent to Most Valuable Company Echoes Dot-Com Boom

Nvidia became the U.S.’s most valuable listed company Tuesday thanks to the demand for its artificial-intelligence chips, leading a tech boom that brings back memories of one from earlier this century.

[GVI Forex 2]

3  CENTRAL BANK DECISIONS ON THURSDAU. THE KEY ONE IS THE BANK OF ENGLAND

SSEE NEWSQUAWK’S DETAIL PREVIEWS“

SEE NEWSQUAWK’S DETAIL PREVIEWS“

[GVI Forex 2]

If you do not believe the Power of 50, look at this 5 minute EURUSD chart, see how your emotional bias changes when it trades above/below 1.0750

My Favorite Trading Secret: The Power of the “50” Level

My Favorite Trading Secret: The Power of the “50” Level

[Belgrade Bobby]

EURUSD 4h

Support at 1.07250 held nicely, now facing resistance at 1.07600

Ideal target is at 1.07750 and it is the resistance to watch – if holds, we have a nice downward channel fully formed.

[GVI Forex 2]

EURUSD 4 HOUR CHART- – WATCH 1.0750

 

 

EURUSD mirroring the USDX chart with momentum to the downside broken after the break of 1.0745 yesterday.

As noted earlier, a move above 1.0750-1.0760/65 would be needed to add legs to the move up. For day traders, a.0750 will set the tone.

The trendline on this chart is acurrently round Knez’s 1.0780 level posted yesterday.

[The Amazing Trader]

GBPUSD 4 HOUR CHART – WAITING FOR BOE

 

 

GBPUSD finding a bid ahead of the BOE rate decision on Thursday.

While rising red AT lines off the low indicate a potential change in direction, 1.2763 would need to be decisively taken out to confirm

[Mtl JP]

Brian Swint at Marketwatch

European Stock Markets Slip, Asia Gains Amid Fed Rate-Cut Hopes. Treasury Yields Suffer.

The prospect of lower interest rates and the boom in technology stocks in the optimism that artificial intelligence will boost profits is helping markets worldwide. … . … “if conditions continue to ease as expected, an easing of policy later this year would be appropriate.”

[GVI Forex 2]

USDX 4 HOUR CHART – EURUSD PROXY (57.6% OF THE INDEX

 

 

Let’s start the day by looking at the USD INdex, where momentum has TILTED to the downside.

However, using USDX as a EURUSD proxy suggests EURUSD would need to extablish above 1.0750 (AND THEN 1.0760-65) to Put pressure on the USDX downside where 105.14 is THE FIRST LEVEL OF support.

 

OTHER CURRENCIES VS. THE DOLLAR

AUDUSD BID BUT HELD A TEST OF .6675 – SCROLL DOWN TO SEE CHART

USDJPY HIGH YESTERDAY WAS 2 PIPS BELOW THE KEY 158.25 HIGH

EURUSD CAN’T MAKE UP ITS MIND. BUT FINDS SUYPPORT WHILE ABOVE 1.0720.. RANGE WIDENED TO A PALTRY 1.0725-1.0742 (WON’T LAST)

EURGBP A TOUCH LOWER WAITING FOR THE BOE TOMORROW

US holiday clearly dampening trading activity

[Mtl JP]

Miaaaw !
maybe nothing , maybe something

on zh: The Music Just Stopped: Japan Banking Giant Norinchukin To Liquidate $63 Billion In Treasuries & European Bonds To Plug Massive Unrealized Losses
“Massive sales by Norinchukin could have a sizable effect on the U.S. bond market.”

[GVI Forex 2]

EURUSD 1 HOUR CHART – 9 HOURS AND COUNTING

 

 

I cant resist posting this chart with an update of the 1.0734-42 range, now 9 hours in an 8 pip range

It won;t last but I said that 7 hours ago.

[GVI Forex 2]

Holiday Notice: Juneteenth

The New York Stock Exchange and the Nasdaq are closed on June 19, as are U.S. bond markets. Trading will resume on the morning of June 20.

[GVI Forex 2]

AUDUSD 4 HOUR CHART – OUTPERFRORMER

 

 

AUDUSD outperformed today and tested its 61.8% (.6702-.6585) level at .6657

This is still just a swing within the range that needs to take out .6657 and .6675 to put .67+ in play again.

Otherwise, expect a bid if it can stay above .6641.

[Mtl JP]

10-yr at 2:28 PM EDT yields 4.228%

somewhat down

[GVI Forex 2]

AUDUSD is the FX winner today

[michael Calif]

USDJPY 160 should be successfully defended again   :Option Profile

[Belgrade Bobby]

USDJPY Daily

Tonight’s close above 157.900 would be very bullish and we should be seeing 160 in no time in that case.

Any hesitation would open a door for another test of support at 156.500

[Mtl JP]

adrianna kugler says she is optimistic

https://www.federalreserve.gov/newsevents/speech/kugler20240618a.htm

[Belgrade Bobby]

GameStop Corp. – GME

Support violated today, but it is a stock and liquidity is not even close to forex, so not clear right now..

[Belgrade Bobby]

NVIDIA Corp. – NVDA

What else to say but – Sky is the limit….broke any resistance that could be found…

[GVI Forex 2]

EURUSD 5 MINUTE CHART – TOO TIGHT TO LAST

 

After falling back below 1.0750, as the chart shows, , EURUSD has traded in an 8 pip range, 1.0734-42 for the past 1-3/4 hours,. range will not last for long

[michael Calif]

BTC futures decline from June 1 post still has more downside  :Option Profile

[Mtl JP]

voter barkin
“We’re clearly on the backside of inflation,”
“But the question is, ‘Are we all the way back? I think it’s hard to know how much signal to take from the last half of last year, how much signal you take from the first quarter of this year, or how much signal you take from the most recent couple of weeks.”

[GVI Forex 2]

BTC DAILY CHART – 65000 BROKEN

 

As I have noted, I prefer the patterns and pivotal big figures to specific chart points in BTC

With that said, technicals have been pointing lower but needed a break of 65927 to confirm.

Re pivotal levels, 65k is the one to watch as there is little below it until around 60k.

[Mtl JP]

euro 10739

Sup: 10675/65 (or trgt )

[Mtl JP]

GVI Forex 2:07
There is a 90+ % rule about your “power of 50”
It is 10 10 (ten ten)
i.e 10 pips or more for 10 minutes or more

[GVI Forex 2]

to Knez for pointing out the risk

June 18, 2024 at 10:49 am#7822
Belgrade Knez

as per the textbook on 4h chart, EU should test 1.0780 before new down move

[Mtl JP]

Forex 2:07 euro 1.0756

got an udate on the power of 50 ?

[Mtl JP]

EURO and player sentiment

IF puppy drops under 1.0743 (prev Res 1 pivot) and stays there
Its s/t ambition will be over

[Author]

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