[Belgrade Bobby]

EURUSD Weekly
Two important levels :
Resistance at 1.08500
Support at 1.07600

Current pattern is very Bearish for EUR

[Mtl JP]

how about bit of levity ?
–
headlines:
“A man who ‘hopes he runs out of money’ before he dies explains why you may not need as much cash to retire as you think”
(I actually like the idea, but prefer dying with sizeable debt)

genious ? granmama:
“Retired grandma, 71, still owes $108,000 in student debt nearly 40 years after she completed psychology degree: Amount is three-times the original loan she took out”

[Mtl JP]

GVI 11:58 / Earlier I had posted a THANK you note in reference to your eye on Waller
somehow it went POOF.

Basically I took as an INSTRUCTION to players what n how to play the DLR.

Overnite players understood the wink-wink hint-hint
ref some units down vs the dlr
euro, chf …

[GVI Forex]

EURUSD 30 MUNYTE CHART

‘
While 1.08 is the focal point, 1.0808 is the technical level to watch, as seen on this chart, as risk stays on the downside as long as it trades below it.

[GVI Forex]

EURUSD 4 HOUR CHART

I went to the 4-hour chart to find the next levels as EURUSD trades to a 5-week low

To state the obvious, 1.08 will set its tone.

Intra-day chart will follow

[GVI Forex]

AUDJPY 4 HOUR CHART – SHORT JPY POSITIONS BEING UNWOUND

USDJPY IS ABOUT UNCHANGED WHILE THE USD IS FIRMER VS OTHER PAIRS

AUD AND NZD ARE WEAKEST, EUR THEN GBP AND CAD ARE NEXT

WHAT DOES THIS TELL YOU?

JAPANESE INTERVENTION THREAT IS BEING TAKEN SERIOUSLY AHEAD OF A LONG HOLIDAY WEEKEND AS SHORT JPY (CARRY TRADE?) CROSSES ARE BEING UNWOUND

ON THIS CHART AUDJPY NEEDS TO TRADE BACK ABOVE.9842 OR RISK STAYS ON THE DOWNSIDE

[Belgrade Bobby]

Thursday Important data – Economic Calendar

USD Growth rate QoQ Final

USD GDP Price Index QoQ Final

USD Core PCE Prices QoQ Final

USD Initial Jobless Claims

USD Michigan Consumer Sentiment Final

With the data above, we can expect some lively moves today, in this pre Easter week .

[GVI Forex]

JP, Fed’s Waller just spoke

More hawkish than dovish

No rush to cut rates

Fed may have to maintain the current rate target for longer than expected

More inflation progress is needed before supporting a rate cut

[GVI Forex]

USDX 4-HOUR chart – Trend is still up but consolidating

To be exact, 104.57 is the key level.

EUR is 57.6% of the USDX

[SF Monedge]

Dollar Index does not like 104.50 and it appears some liquidity would be needed to change that for now.

[Belgrade Bobby]

EURUSD 4H

As long as the pair stays bellow 1.08250, the direction is Down

Targets 1.08000 

[SF Monedge]

JP – Well they will just have to wait a little bit or I will have to teach them a lesson.  Viewing options contracts in Euro the sell side is of course still dominant but it will take some decent liquidity to push the contracts significantly lower in the short term at these levels in my view.  Euro likes to move with the Dow a lot.

[Mtl JP]

game on !
–
cnbc 27 mins ago
“A majority of investors believe a stock market pullback is near, according to CNBC survey.”

[GVI Forex]

BTC 4-hour chart

Technicals still provide support as long as the trendline holds…

but one look at the candle I highlighted with the arrow should tell you all you need to know about liquidity, which will only get thinner.

[SF Monedge]

GVI – On that note I am exploring the sell side of UsdChf up here around 9069

[GVI Forex]

Keep in mind we are heading into month/quarter end. I read one bank model saying to expect moderate USD selling for the quarter end.

This is not an exact science so just acting as the messenger.

[GVI Forex]

Re US500 — last 5222 after testing and holding 5238.

See my earlier post.

[GVI Forex]

XAUUSD 1 HOUR CHART – Up but consolidating

I don’t trade gold but look at it and BTC as signs of general distrust of fiat currencies.

Chart levels are clear at 2200 on the upside and support as long as 2167-71 holds.

[Mtl JP]

DLRx 104.14
–
skinny price moves
just BoJ is feeling “high sense of urgency” (for the supposed benefit of players’ animal spirits)
fwiw japan is open of Fr and on Mon

voter waller yaks at 6pm nyt & holds a Q&A

13:00 – yellen peddles off 43bn of 7yr paper

[Belgrade Knez]

Bobby ….new 4h starts at NY cut …..less than 30min from now

[Author]

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