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[GVI Forex 2]

GER30 4 HOUR CHART – Taking a breather

As noted, there is no reason to guess at a top until/unless charts tell you to do so,

This 4 hour chart feels like ot wants to take a breather but as you can see there are plenty of supports below the market, starting with the former high (blue line).

[GVI Forex 2]

XAUUSD 4 HOUR CHART – RECORD HIGH STILL LOOMS

As I have been noting, maintains a bid while above 2725,,, the bounce from 2735 has put the record 2781 high on the radar, exposed while above 2762  but a potential tough one to crack.

[GVI Forex 2]

EURUSD  DAILY CHART – Damage not fatal

A new leg up but for damage to be fatal, EURUSD would need to break 1.0629 to produce an outside month.

Otherwise, focus is clearly on 1.05 as it would need to become support to extend the move or it will run out of steam.

Support starts at1.0457 through 1.0411.

Note Fed and ECB meet next week, the latter is expected to cut rates,

Using FIBOS for 1.0629-1.0177

[GVI Forex 2]

Using my platform as a HEATMAP shows

A weaker USD but unless EURUSD can establish 1.05+ moves will lose steam. What also caught my eye ia USDJPY back above 155 after again failing to hold on another  trade below it following the expected BoJ rate hike,

With all the talk about Trump comments about lower interest rates, 10-year yield is close to unchanged..

 

[Mtl JP]

DLRx 107.25 = Sup and …
a binary Qtn

[Mtl JP]

Fri, January 24, 2025 at 12:55 a.m. EST 5 min read

(Bloomberg) — The Bank of Japan raised its key policy rate Friday to the highest level in 17 years and took a more bullish view on the strength of inflation, fueling expectations for more rate hikes and supporting the yen.

[GVI Forex 2]

In our blog

How to Choose a Forex Broker

(one you can trust)

[GVI Forex 2]

Good analogy in this article posted in our blog

In the Hot potato game, that players gather in a circle and toss a small object such as a ball, an apple, beanbag or even a real potato to each other as music plays. The player who is let holding the object when the music stops is eliminated from the game.

How is Forex Trading Like the Hot Potato Game

[GVI Forex 2]

NAS100 DAILY CHART – A MATTER OF TIME?

With US500 making a new record high, it seems just a matter of time before NAS100 follows, especially if it can establish 21831 as support.

[GVI Forex 2]

USDJPY 4 HOUR CHART – WAITING FOR THE BOJ

Let’s keep it simple

A 25bps rate hike is widely expected.. only surprise would be no hike.

Look for a choppy reaction where only a solid move outside 155-157 would suggest more to it.

[Belgrade Bobby]

Opendoor Technologies Inc. – OPEN

Opendoor Technologies Is Maintained at Neutral by Citigroup
Opendoor Technologies Price Target Cut to $1.80/Share From $2.00 by Citigroup

Opendoor Likely to See Q4 Beat; Still Facing Challenging Market, BofA Says
BofA lowered Opendoor to $1.30

[GVI Forex 2]

US500 DAILY CHART – Gunning for the record high

So far unable to match the cash S&P record high above 6100… seems only a matter of time…In any case, keeps a bid while above 6050.

Should 6100 be broken and  become support, next target would be 6200

ADDENDUM: New record high just set above 6100,…

[Belgrade Bobby]

XRPUSD

3.1850 – important level to watch tonight – if closes above it, next leg Up.

If not, 2.6500 Support might be tested

[GVI Forex 2]

XAUUSD 4 HOUR CHARt – Record high till looms

Maintains a bid as long as it stays above 2725 big needs to make 275@ the bottom to make a run at the record 2781 high… 2762 currently stands in the way.

[Belgrade Bobby]

NIO Inc.

Nio is clearly bearish , targeting 3.60

Market Chatter: Chinese EV Deliveries Tumble in First 12 Days of 2025
Deliveries of pure electric and plug-in hybrid cars plunged 50% in the first 12 days of January to 206,000 units compared with the first 12 days of December, the South China Morning Post reported Sunday, citing the China Passenger Car Association.

[Belgrade Bobby]

Crude Oil Futures – CL1!

Crude Falls as Trump Prods Saudi Arabia and OPEC to Lower Oil Prices
March WTI crude oil (CLH25) Thursday closed down -0.82 (-1.09%), and March RBOB gasoline (RBH25) closed up +0.0084 (+0.40%).

Crude and gasoline prices settled mixed on Thursday, with crude falling to a 1-1/2 week low. Crude gave up early gains Thursday and turned lower after President Trump said he would push Saudi Arabia and OPEC to reduce the price of crude.

An increase in crude oil held worldwide on tankers is bearish for oil prices. Vortexa reported Monday that crude oil stored on tankers that have been stationary for at least seven days rose by +2.5% w/w to 54.23 million bbl in the week ended January 17.

[GVI Forex 2]

USDCAD 4 HOUR CHART – Trade the range

Trade remains within the 1.4261-1.4516 range. this time failing to hold 1.44+… treat it as a range until/unless either side is broken.

While the threat of tariffs remains a cloud over the CAD, it has not been enough to build fresh momentum.

[Belgrade Bobby]

DAX Futures – FDAX1!

Dax going wild – The DAX Index Closes 0.74% Higher
In Frankfurt, the DAX Index went up by 157 points or 0.74 percent on Thursday.

Top gainers were Siemens Energy (6.27%), Fresenius Medical Care (4.91%) and Zalando (4.77%).

Biggest losses came from Puma (-22.43%), Qiagen NV (-2.88%) and BMW (-0.95%).

 

[Belgrade Bobby]

BTCUSD Daily ( Bitcoin for ill-informed )

Supports : 105K, 103K & 100.500

Resistances : 107.250, 109.550 & 111K

Pattern is Clear Bullish – Calls for a new high tomorrow.

[Belgrade Bobby]

EURUSD Daily

There is an old adage : Money talks – BS walks….or put your money where your mouth is.

The pattern for tonight says : Up – so another leg up ( hope Mr. President doesn’t talk in his sleep…)

Resistances : 1.04550, 1.04650 & 1.05350

Supports : 1.03950, 1.03700 & 1.03500

First target is at 1.06800

[Author]

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