[GVI Forex 2]

JP, I wouldn’t call 4.302% a widening of yields but…

USDJPY did find support in my 148.50-60 zone

EURUSD didn’t come closeto 1.0530-34

But no real catalyst as stocks are clinging to the lows

[Mtl JP]

is some sudden widening in yields pusshing the euro down ?

tia

[Mtl JP]

EURO 1.0530 looks like someone does not want it broken to the N side

suddenly down to 1.0495

[GVI Forex 2]

EURUSD has come off its high (and back below 1.05) after this headline … See Bobby’s EURUSD update by scrolling below.

Source: Newsquawk.com

[Belgrade Bobby]

EURUSD 4h

1.05300 is a barrier in front of the target at 1.05600

1.05050 has to give a support for further advance.

As long as above 1.04800 will try higher.

[GVI Forex 2]

As Newsquawk pointed out, which may be giving EURUSD some support

Diverging performance with USTs higher whilst Bunds are lower awaiting coalition and/or spending updates.

[GVI Forex 2]

Us open

NQ underperforms amid reports US is looking to tighten chip controls on China, USD lower whilst USTs gain

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 firmer after opening entirely in the red following a negative APAC handover; though US futures remain in the red.

DXY is a touch lower, EUR/USD stuck on a 1.04 handle, Antipodeans lag.

Diverging performance with USTs higher whilst Bunds are lower awaiting coalition and/or spending updates.

Choppy trade in crude with metals subdued despite the softer Dollar.

Try Newsquawk for 7 Days Free

[Mtl JP]

EURO 1.0485 – frollicking w/ s/t Res
10-yr 4.342%

time for a bet, hahaha

[GVI Forex 2]

Using my platform as a HEATMAP

FX market => uncertain. Mixed with USD close to unchanged except a touch firmer vs the AUD and NZD.

USDJPY down from iye high after failing to hold above 150 (range 150.30-149.19) although clodr to unchanged on the day.

EURUSD in a tight range but holding above 1.0450

USDCAD and USDMXN still feeling the effects of Trump’s tariffs on track comments yesterday

Stocks arw down, bond yields fall further (10-year 4.34%)

Light economic data calendar today

 

 

 

[Belgrade Bobby]

EURUSD Daily

To repeat and confirm: Close tonight above 1.04800 – Bullish

Targets tomorrow 1.05600

[GVI Forex 2]

Worth noting… USDJPY seems to be more sensitive (for today at least) to risk on/risk off in stocks than US yields

Stocks bounced, yields stayed down (10-year 4.408%), USDJPY bounced

With that said, EURUSD remainsa above 1.0450, YSDJPY below 150.

[GVI Forex 2]

Offfsets from EURGBP buying (last .8290) keeping EURUSDS above 1.0450.

[GVI Forex 2]

EURGBP 15 MIN CHART – FX Order Flow

Looking for the current FX order flow?

EURGBP buying… GBPUSD at a new day low while EURUSD being dragged down with a lag through 1.0460 but still above 1,0449-50. .

[GVI Forex 2]

EURUSD in a slow drift… much depends on whether any longs are caught on the move above 1.05

Day stops may be below 1.0460 but key chart level is 1.0649-50… so far 1.0460 is holding..

[Belgrade Bobby]

GBPUSD

Last night: Pattern calls for another leg Up – tomorrow.

One nice call for about 60+ pips…

Now support comes at 1.26250, followed by 1.25600

Resistance at 1.26450 & 1.26800

Same situation as for EURUSD – tonight’s close will decide if we continue Up or start a correction/downtrend.

Breaking point 1.26250  1.26400

 

[Belgrade Bobby]

EURUSD

As said last night – probability was to the upper side – and Up it went.

But what now?

Supports at: 1.04500, 1.04150 & 1.03950

Resistances: 1.05300, 1.05550 & 1.06200

1.04800 is the level that will decide on intraday direction.

Also this one is a game changer when it comes to the close tonight – if above it, we continue Up, if not….you know 😀

[GVI Forex 2]

 

US OPEN

US futures gain, and the DAX 40 outperforms as CDU/CSU wins the German election

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 mostly firmer with clear outperformance in the DAX 40 after CDU/CSU wins the German election; US futures gain.

Two-way action in Bunds as Merz secures the Chancellery but a blocking minority exists,

Gilts await BoE speak.

Crude flat, precious metals mixed, and base metals mostly lower amid tariff woes.

Try Newsquawk for 7 Days Free

[ST London]

EurUsd

A possible strategy

Buy whilst above 1.0460 target 1.07ish

[GVI Forex 2]

EURUSD DAILY CHART –  Resistance holds, 1.05+ fails

Back to square one (i.e. opening week levels) after failing to test key resistance at 1.0534 and then falling back below the pivotal 1.05 level.

Now dependent of 1.0450 holding to keep a bid and thoughts away from 1.0400.

[Mtl JP]

With election over …

EURO s back to 1.0465-ish after gaming initial political enthusiasm to 1.0528ish

and now that post-election things are sobering players are likely to focus on the attempt by trudeau in europe trying to collude with the german against trump’s tariffs on autos: is a canadian/german collusion going to tame down the belligerence OR is it going to evolve into bonafide trade war between the US vs Canado/German cabal.