[GVI Forex 2]

Mixed bag on a NFP Friday.. head spinner

UCAD higher after a CDA jobs miss… AUD and NZD weaker… EURUSD TEsts 1.0850, strill pivotal… USDjpy EXTENDING ITS LOW

[Mtl JP]

EURO 1.0867

–

I am biased

Res 1.0950/00

Supp 1.0800/10 , 1.0765

and some other price line points in between

 

[GVI Forex 2]

No big surprises in the jobs data… EURUSD extending high after a brief hesitation,, post data range 1.0843-88… 1.0850 will set the trading bias

 

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[GVI Forex 2]

US OPEN

US equity futures trade modestly higher whilst the Dollar slips ahead of US NFP
 
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 indices lower whilst US futures are modestly higher ahead of US NFP.

USD misery continues as DXY dips to 103.60 as EUR’s rally extends into Friday’s trade.

Bunds bounce off worst but remain over 300 ticks lower WTD, USTs await Payrolls & Powell.

Crude firmer with gas inflating on damaged Ukrainian infrastructure.
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[Belgrade Bobby]

EURUSD 1h

1.08550 taken out – if it closes this week above it, road is open for test of long time resistance trendline at 1.11800

That much on the big picture, so let’s now concentrate on trading possibilities intraday.

In a bit over 2.5h data are coming, and in mean time this is what we have:

Resistances: 1.08750, 1.09000 & 1.09500

Supports: 1.08450, 1.08200 & 1.07750

I expect pull backs from here, and waiting for a chance to get Long – either on approach to 1.08200 or Pattern creation after some consolidation ( in case it goes sideways and never reach it)

[Belgrade Bobby]

EURUSD Weekly

Let’s have some perspective now…

1.08550 & 1.11800 are above the head.

Down there 1.02500

Both resistances are extremely important – but if 1.08550 holds the pressure, EUR can collapse.

However, looks to me that EUR is ready for much higher levels.

[GVI Forex 2]

Call of the day using The Power of 50

Mtl JP
Participant
EURO 1.0830
–
EUR0 is flowing like strong spring mad river.

Odds are that 1.0850-ish should see the run pause some
On potential pullbacks I d be looking at 1.0805ish to hold S
below 1.0750/25 ish

[GVI Forex 2]

Stocks continue to meltdown, EURUSD back below 1.08.

I saw a headline before that an April ECB rate cut is still a posswibility.

See my earlier post about German yields falling back.

USDCAD back into 1.4300-20

[Mtl JP]

EURO 1.0797

ALERT … degenerate traders
want to know !

FX is known for another feature: LOVE for inflicting pain. and smile.

[Mtl JP]

EURO 1.0803 hello!

lets see 1.0750 …
who knows is not saying

[GVI Forex 2]

German 10 year yields falling on risk off mood in stocks.— see if it weighs on EURUSD

[GVI Forex 2]

EURGBP is not close to rolling over… all the action is in JPY crosswqs

[Mtl JP]

Jay “Hit and run trading day”

any particular nimals you prefer
to hit n run ?

I am eyeballing eurgbf for potential trigger signal for euro to cave

[GVI Forex 2]

US stocks still down but off lows

EURUSD ran stops above 1.0850 but no further…BUT keeps a bid while above 1.0800-05

USDJPY back above 148

XAUUSD back above 2900 but well below 2930

Hit and run trading day

[Mtl JP]

EURO 1.0830
–
EUR0 is flowing like strong spring mad river.

Odds are that 1.0850-ish should see the run pause some
On potential pullbacks I d be looking at 1.0805ish to hold S
below 1.0750/25 ish

Puppy holding above 1.0805 will portend high 1.09

[GVI Forex 2]

Live ECB press conference

[GVI Forex 2]

ECB statement taken as less dovaoh, thus the EURUSD reaction that could not get to 1.0850 and has since pulled bacl. Minor support around 1.0810. Next is the press conference.

[GVI Forex 2]

Boibby, EUR correction has been vs the JPY, which iS up vs all currencieS.

ECB decision coming up shortly.

[GVI Forex 2]

US OPEN

US equity futures & DXY lower, Bunds continue to slip ahead of ECB

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 are mostly lower, Autos benefit following tariff reprieve; US futures in the red with NQ underperforming.

·     DXY remains on the backfoot, EUR underpinned by stimulus hopes as attention turns to ECB.

·     Bunds continue to slump on the latest fiscal reports pre-ECB, USTs await data

·     Crude attempts to claw back recent pressure, XAU sits around USD 2.9k/oz.

Try Newsquawk for 7 Days Free

 

 

 

[Belgrade Bobby]

EURUSD 4h

Resistance 1.08300 – just above the head

Supports: 1.07800 & 1.07250

Correction is overdue.

But – ECB is coming in about 1h 20 min – Economic Data Calendar

I’ll wait and see how it goes…