[GVI Forex 2]

XAUUSD 4 HOUR –Back on the defense

Failure to reach 4200 (note the 3 point trendline) has XAUUSD back on the defensive but only below 4100-05 would break fresh ground.

Otherwise, treat the range as 4100-4200 with the intra-day bias set by 4150 (currently below).

 

[GVI Forex 2]

EURUSD 4 HOUR: Focus back to 1.12

French yields up (after a relief dip yesterday) => EUR down (vs crosses as well) so keep an eye on whether this correlation continues.

EURUSD: Up momentum broken, 1.12 clearly pivotal in setting its tone. damage not fatal unless 1.1161 is broken, resistance at 1.1203, 1.1220-40

[GVI Forex 2]

In our blog

The Prop Trading Drawdown Risk: How You Can Be Profitable and Still Fail

[GVI Forex 2]

US Market Wrap: S&P 500 hits fresh ATH as yields move lower SNAPSHOT: Equities up, Treasuries up, Crude up, Dollar down, Gold up

[Adam Global]

EURJPY started the week on a negative note, extending its 📉downtrend to a fresh 11-month low of 176.20 before recovering above 177.00 on Tuesday,

[Adam Global]

Nvidia stock has been 📈jumping in the last four sessions, hitting a fresh all- time📈 high at 242.50 today. Notably, it has posted a significant rise since September 14, when it found support at 208.00.

[GVI Forex 2]

US500 (SP500) 4 HOUR: Record high

Finally joining NAS100 in the record high party and now needs to establish 7818 as support (on this CFD chart) to confirm a new leg up into uncharted waters. In any case, keeps a bid as long as trade is above 7795-00.

 

 

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR: Uncharted waters

Extending record high further into uncharted waters where the best guess for the next target would be 31500-32000 as long as trade is above 31000.

[GVI Forex 2]

Why has EURUSD backed off its high and now pivoting 1.1250?  1) Paused well below 1.1289 (cited earlier) after stops were run above 1.1261 2) Correlation French 10-year bond yields firmer (but still down on the day) after not following through on the earlier sharp drop

[GVI Forex 2]

US PRE-MARKET MOVERS: Mag-7, AMD, CEG/GOOGL, OPCH, BDX, MAT, ABBV ES +0.3% NQ +0.4% RTY +0.1%

[Adam Global]

GOLD bearish 📉 scenarios might be over 🤔 now 4155.00 is a strong support 📈

[Adam Global]

GBPUSD found support at 1.32000 now everyone is waiting to see 👀 if this new bullish 📈 traction could gain momentum back to 1.35000

[Adam Global]

ßitcoin is aiming higher 📈 to the $90K target 🎯 $87K must become a support

[Adam Global]

BTCUSD is trading near the upper end of its recent 83,000-87,000 range, where the rally from August 18 has repeatedly stalled. Still, the price remains within a short-term rising channel, keeping the bullish📈 structure intact despite the latest pullback towards 85,300 and the 20-period SMA.

[GVI Forex 2]

Why is the EURUSD rebounding (last 1.1270)?

1) Stops run above 1.1261

2) Rebound in French bonds (lower yields) after yesterday;s sell off). Keep an eye on whether correlations continue.

[Adam Global]

US500 index (cash) has been edging 📈higher since Thursday, approaching the all-time 📈high at 7,817 that was registered on August 13

[GVI Forex 2]

XAUUSD 4 HOUR –Defense

A buyer stepping in following stops being run below 4110 suggests someone defended 4100.

Subsequent bounce would need to regain 4170 to put 4200 and the 4226 high back in play.

If not, look for 4150 to set the intra-day tone by those treating the range as 4100-4200.

[GVI Forex 2]

Snapshot: Bonds, Energy, Metals, Cryptos

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Snapshot: Stocks and Forex

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Newsquawk Daily US Opening News – 6th October 2026

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

USDJPY 4 HOUR: 4 days in a row

Pivoting 158 for the 4th day in a row (currently above it) with support from firmer EURJPY and GBPJPY.

Top of the current range at 158.45 keeps 158 the focus as long as it holds

[GVI Forex 2]

USDCAD WEEKLY; Not seen since early 2025

Having broken 1.4247 for a new 2026 high, next key resistance is not until levels last seen in early 2025.

This leaves USDCAD dependent on 1.4247 holding as support to keep the risk pointed higher with fallback support at 1.4237 and 1.4200.

[GVI Forex 2]

Market Update: EUR reprieve, Firm stocks, Weaker oil

EURUSD: Getting a repieve while above 1.12 that would need to break 1.1250 (Friday’s close) and 1.1261 (Monday’s high) to neutralize the risk and then 1.1289 to make this more than just a bounce off the low. Support at 1.1220 blocks a return to 1.12. High so far at 1.1247.

US500: Stocks supported by the dip in oil but 7800 remains an obstacle to exposing the 7818 record high.

XBRUSD: No matter which Brent market you trade, $100 will stay pivotal in eventually setting its tone (futures last at $98.61)

[GVI Forex 2]

In our blog

How to Treat Trading Like a Business: A Practical Guide

[GVI Forex 2]

COMING UP: Data: Australian Westpac Consumer Confidence (Oct), German Factory Orders (Aug), EU Retail Sales (Aug), US ADP Employment Change Weekly, Atlanta Fed GDP (Q3). Events: EIA STEO. Speakers: BoE’s Mann; ECB’s Zigman, Elderson, Cipollone; Fed’s Williams, Bowman, Schmid. Supply: Japan, UK, Germany, US.

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Newsquawk US Market Wrap: Stocks rally across the board while long-end yields advance higher

SNAPSHOT: Equities up, Treasuries down, Crude down, Dollar up, Gold

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR: Unchartered waters

This time a new record intra-day high seems set to be accompanied by a new record closing high. This leaves 31K as pivotal and needing to become support for a new leg into unchartered territory where the next pivotal level is 32K.

If not, support is below the market at 30584-30725 (on this CFD chart).

[GVI Forex 2]

US500 (SP500) 4 HOUR: Record high on the radar?

The break of an 8-day pattern that has seen 7700 print each day sent a bullish signal that now requires a firm break of 7785 (high 7794) and then see it become support to put the record 7818 high on the radar.

On the downside, keeps a bid pointed at 7800 as long as 7750-55 holds as support.

[GVI Forex 2]

Market Update: Divergence?

Divergence: Yields up, vs. Oil slipping (and risk on in stocks)

Result: Yields still up on the day but off highs

[GVI Forex 2]

Forex markets starting to pay some notice (but not a lot) while US stocks continue to ignore rising yields. US 10-YEAR TREASURY YIELD RISES TO 5.34%, FRESH HIGH SINCE 2002
Source: Newsquawk – Fin X

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