[Mtl JP]

EURO 1.0475/85 should be Res zone
in my optique

[GVI Forex 2]

Us OPEN

Trump suggests a trade deal with China is “possible”, USD/JPY briefly dipped below 150 ahead of US data & Fed speak

Good morning USA traders, hope your day is off to a great start! Here are the top 5 things you need to know for today’s market.

5 Things You Need to Know

US President Trump remarked that a new trade deal with China is possible; EU’s Sefcovic says they are prepared to talk about reducing the 10% US auto tariff.

European bourses opened mixed but have gradually edged higher; US futures modestly lower.

USD is softer vs. peers, JPY benefits from yield dynamics, AUD boosted post-jobs.

USTs inch higher continuing post-FOMC price action while EGBs remain in the red.

Crude and metals benefit from the softer Dollar; Rio Tinto says “Near-term market conditions are expected to remain challenging in 2025”.

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[Belgrade Bobby]

EURUSD Daily

On the edge – Support 1.04150 – Resistance 1.04450

Mere break of any of it won’t mean much – most important is how the day will close!

We’ll wait for Initial Jobless Claims today – Economic Data Calendar

[Mtl JP]

EURO 1.0441
GVI Forex – puppy is at what you identified as price point of potential turn of the euro.

care to refresh the “potential” . tia

[GVI Forex 2]

Using my platform as a HEATMAP

JPY the out-performer, both vs the USD  and on its crosses

USD is trading lower, more so vs commodity currencies than EUR, GBP

Highlights:

USDJPY tests (just belie) 150

XAUUSD extends record high above 2950

Light data calendar today

 

[Adam Global]

Eur confirmed my double top

50.0fib  & almost 38.2 fib hit

Moving average is holding Eur up

[Belgrade Bobby]

EURUSD Daily – Update

So far support at 1.04050 proved worthy.

For tomorrow it is going to be around 1.04100/150

Resistance is at 1.04450

Without tomorrow’s bar , this is no man’s land right now – if there was not a possible trend line just below it, I would call this as a Sell.

However, my historical trend lines never fail – so we need to see what is going to happen tomorrow before any direction might be considered.

[GVI Forex 2]

FWIW  EURUSD low at 1.04006 vs 1.0398 38.2#

[Mtl JP]

euro 1.0408
fomc’s minutes coming up at 2pm

fed suits have been trumpeting no cuts unlees their confidence (hahaha whare is it at now on a scale of 0 – 5?) comes back somehow.
confidence in inflation heading back towards their crazy 2% notion.

Once this fart blows out of the window, markets – at first perhaps slowly – will turn towards arguing about clarifying donald’s “in the nneighbourhood” of 25% tariffs.

[Mtl JP]

euro 1.0408
fomc’s minutes coming up at 2pm

fed suits have been trumpeting no cuts unlees their confidence (hahaha whare is it at now on a scale of 0 – 5?) comes back somehow.
confidence in inflation heading back towards their crazy 2% notion.

I am biased.
I favour euro testing 1.0380/70

[GVI Forex 2]

GER30 4 HOUR CHART – CLOSE BUT NO 23000

The old up like an escalator, down by an elevator day.

Pay attention to Bobby

As he posted earlier

Dax hit the new high at 22.935 – close enough to 23K – is it the time to correct a bit?

DAX correction likely weighing on the EURUSD

[GVI Forex 2]

EURUsd 1.0426

Trying to form a bottom but would need to break 1.0444 to confirm.an end to the down episode.

[GVI Forex 2]

EURUSD 4 HOUR CHART – On the defensive below 1.05

Break of 1.0447 leaves a void to 1.0373 as next support… this also suggests no key stops until that level

Using FIBOS, 1.0398 = 38.2%

Treating 1.04-1.05 as the range, 1.0450 sets the tone.

Back above 1.0469 would be needed to break downward momentum.

[Belgrade Bobby]

EURUSD 4h

Support 1.04050/10

Resistance 1.04350

Coming close to the conclusion – sit and observe

[GVI Forex 2]

Thia ia worth reading

A look at the day ahead in U.S. and global markets from Mike Dolan

Even though Wall Street stocks lag world markets this year, the S&P500 still managed to wring out another record high on Tuesday – with a mix of new tariff threats, housing updates and Federal Reserve minutes to digest later today.

A confusing and turbulent start to the year has seen global investors’ attention switch away from pricey U.S. equity to cheaper European stocks and Chinese tech – with this week’s talks on ending the Ukraine war and Germany’s weekend election catalyzing interest in the former.

Morning Bid: Lagging US still flirting with new highs

[GVI Forex 2]

EURUSD FIBOS for 1.0210-1.0514

Using our Fibonacci Calculator

[GVI Forex 2]

Using my platform as a HEATMAP

Mixed USD, new record high for GOLD

EURUSD soft below 1.0450, EUR weak on crosses (e.g. vs  JPY,GBP)

USDJPY failed again above 152 but downside so far contained…US bond yields tick higher again

Highlights;

Trump vows 25% tariffs on imported cars, pharmaceuticals, semiconductor chips… deadline April 2

UK inflation hotter than expected

Trump push for Ukraine peace deal, tariffs unsettles Europe but DAX unfazed

[Mtl JP]

US 10-YR 4.562% +0.018
like a wet dream

and currently lending uP Support to the DLR: (eur down, chf uP etc)

[Adam Global]

Eur Double top is confirmed

50.0fib is still holding

Maybe 38.2 fib may hit

Supported by moving average

[GVI Forex 2]

This came out earlier and may be weighing on the EURUSD (see earlier posrs)

Source: Newsquawk.com