[GVI Forex 2]

XAUUSD 4 HOUR CHART – Consolidation?

A failure to hold 2700+ has postponed a threat to make a run at the 2790 record high

So, it is either a retracement of consolidation.

If the latter then look for 2650-57 to be pivotal in setting the toner if XAUUSD trades 2600-2700.,

Broader range is 2613-2726

[Belgrade Bobby]

XRPUSD

XRP Joins AI Hype Train With $100 Million Investment
There is a new development in the cryptocurrency world that has people talking. XRP, which has been flying under the radar lately, is set to benefit from a $100 million investment in artificial intelligence development. The commitment comes from KaJ Labs, the developer behind Atua AI, a platform focused on on-chain enterprise solutions. Their plan is to integrate advanced AI tools into the XRP ecosystem, enhancing its functionality within decentralized finance (DeFi) and enterprise operations.

[Belgrade Bobby]

NIO Inc.

Nio touched the support today at 4.45. As long as it doesn’t close below that line it can consolidate.

Market Chatter: NIO Seeks to Boost Sales Via Improved Efficiency, Cost Control

[GVI Forex 2]

XAUUSD 4 HOUR CHARTT – MISSION ACCOMPLISHED THEN…

We have been citing 2721 AS THE NEXT TARGET AND A BRIEF RUN THROUGH IT DID NOT LAST.

This leaves 2674 as the level that needs to hold to keep the risk on 2721+ as a break would put an end to this latest episode.

In any case, back below 2656 would suggest a greater retracement risk. Otherwise esxpet some consolidation.

[SF Monedge]

Solid buy side condition coming up in Yen pairs in my view this session if you are not already in.

[GVI Forex 2]

US500 4 HOUR CHART – 6100 OR BUST?

Just when it looked like US500 was ready for a retracement it switched gears and made a fresh run at the upside.

To keep this simple, anything other than a firm break of 6100 would be considered a disappointment.

So it is either consolidation (while above 6030-35) or a run at a new record high

[GVI Forex 2]

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[Belgrade Bobby]

Great David !

Please just add next time bought/sold- profit/loss and why did you take that trade.

Next few days ( till we start evaluation) post it in trading hot line – discussion boards – when we start it goes here

[Belgrade Bobby]

OK Idris 😀

Please next time just add some details : bought/sold – profit/lost and some short reasoning for the trade ( I did it because I felt lucky or something more technical 😀

[GVI Forex 2]

XAUUSD 4 HOUR CHART – CONSOLIDATION OR MORE?

The failure to break the 2620 level cited here has contained the retracement that now needs to establish above 2657 and firmly take out 2666 to break the current consolidation range.

Expect support on dips if it can stay above 2650.

[GVI Forex 2]

AUDJPY 4 HOUR CHART – TOP OF THE RANGE

97.08 is top of the consolidation range that would need to be broken to suggest more room on the upside,
‘
If broken, then 97.50-55 would be next with 98 area ABOVE IT.

Otherwise range stays intact if 97/08 stays untouched

[GVI Forex 2]

BTCUSD DAIL;Y CHART – MISSION ACCOMPLISHED?

It took 13 days of consolidation before the inevitable break of $100,000

I prefer to look at pivotal round number with this crypto so it is 100K on the downside and 105K as the next target on the upside.

In any case, 100K will set the tone going forward.

 

[GVI Forex 2]

XAUUSD 4 HOUR CHART –    Tight range

Gold so far not benefiting from geopolitical wildfires

Treat current price action as consolidation range  as long as it trades within 2620=66

[Belgrade Bobby]

SOLUSD – Solana

Back to some useless stuff we all like…

Solana (SOL) Prepares for Comeback as Volume Jumps 39%
Nice bounce of around 15% today.

Needs to take out 250.00 if wants to continue up in this moment

[SF Monedge]

I see a lot of volume in 149.60 area still present for UsdJpy based on futures and options contracts with 149.30 being the same but less.  So the potential for a stop/order run through the latter is conceivable and .60 you may hit a sweet spot unless the market absolutely reverses in my view.  A bit much to ask for today but possible.

[Belgrade Bobby]

SOLUSD – Solana

Still in a correction phase – first good support comes at 195.00

Next stop if supports lost is at 155.00

[GVI Forex 2]

XAUUSD 4 HOUR CHART – Consolidating

Not dipping far enough to suggest anything more than a minor retracement.

To suggest anything more than that, 2600-20 would need to be broken.,

Otherwise, just consolidation with support As long as 2620 holds.

[Belgrade Bobby]

XRPUSD

Ripple Surpasses Solana as XRP Price Hits 6-Year High Above $2

The impressive performance of Ripple’s native token continues with another surge in the past 24 hours that pushed its price above $2 for the first time since early 2018.

In the process, XRP has surpassed SOL to become the fourth-largest cryptocurrency by market cap.

[SF Monedge]

You know there is something wrong with you when almost the first thing you do on a holiday morning is peer into markets, closed or not.

The way I see it the big question is have the Trump trades been just a reaction or will the condition stick, and what will the volatility look like going forward.

1.      I think we see continuation of current/recent conditions overall.

2.      The more unanswered questions are solved the less uneasiness there will be.

3.      Some developments will cause further chaos such as what we have seen in non-US Dollar vehicles.

4.      The irony is Trump’s aggressiveness will yield stability in areas where there was little prior.

5.      There will be structural improvement.

The bottom line is there is a mountain of repair work taking place already before he even gets into office. The arrangement with Mexico yesterday is an example.

The one that is bothering me is the monstrosity Yellen, the Fed and the others have left us with relation to deficits, including the trade deficit which is has been so far out of balance it has knocked the purchasing power of the US Dollar down to roughly 5 cents on the Dollar as compared to 1918.

(I spend countless hours into the wee hours of night in analysis).

The bottom line should be a long running bull run in US stocks, strength in micro-cap stocks as well including MSCI as a carry over benefit.

Continued Dollar strength overall for the long haul with some intermissions.

[ST London]

Eurjpy

Hopefully people sold that bounce and now we find out if 160 is some sort of line in the sand or will it give way for an initial 300 pip move