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[Anonymous]

 

EURUSD Monthly Chart.

Over larger time frames it seems more downside to develop further.

[Anonymous]

I don’t know how the Markets are going to develop further into the thin early New Year’s liquidity.

That said, keep en eye upon eventual problems regarding the Energy Crisis of Europe. It has already taken a huge toll and Markets priced in It just marginally.

Explainer: What happens when Russian gas supply to Europe via Ukraine ends?

https://www.reuters.com/business/energy/what-happens-when-russian-gas-supply-europe-via-ukraine-ends-2024-12-31/

[GVI Forex 2]

EURUSD losing its bid is consistent with our view of the risk.

[GVI Forex 2]

AUDUSD CHART – 2+ year low

As 2024 draws to a close, AUDUSD remains an underperformer as itt trades at a 2+ year low. .

Look for 6200 to be pivotal as the next major support looms below at .6166, the 2022 low.

[GVI Forex 2]

EURUSD DAILY CHART – 1.04, 1.04. 1.04…

The 1.04 level continues to be the focal point, having printed 8 of the past 9
days, only exception being a 1.0405 low last Friday.

Under normal conditions, this would be a setup for a directional breakout once the pattern ends so expect a battle in the new year in a market where the upside is likely limited unless 1.05+ is renewed.

Current range is Monday’s 1.0371-1.0458.

2024 low 1.0322

 

[Mtl JP]

‘major incident’ OR Major Error in Judgement about using cloud ?

Dec 30 (Reuters) – US Treasury says Chinese hackers stole documents in ‘major incident’
December 30, 2024 6:00 PM EST Updated 21 min ago

[GVI Forex 2]

UK New Year’s Eve half day — Markets closing process commences from 12:30 London time

The bond market in the United States is open for a shortened trading day on New Year’s Eve, but the stock market is open regular hours. Both are closed on New Year’s Day.

[GVI Forex 2]

USDJPY 4 HOUR CHART – The Squeeze….

I have been citing 158 as the verbal intervention line in the sand and the failure above it along with a dip in US bond yields put the squeeze on JPY shorts, both vs the dollar and on its crosses.

If one assumes 155-158 is the current range then look for 156.50 to be pivotal in setting its tone.

[Rafe]

dxy target is 122.07 is an uncharted level hence it’s long term. Signal and forecast are both valid from 2025 & to the end of 2026 if not touched before… Whichever comes first meaning the breach or signal validity…

All I can say for that is hurrah… :p

[Rafe]

Sexy DXY now at @ 108.10

Support at 106.42

Target @ 122.07

[Rafe]

Anyhows.

Bamboo- I suggested because it contains water and keeps forests cool and shady and has many uses beyond explanation… The California wildfires could have been prevented.

Crub- Mother nature is hungry so it is better to feed her Crub sandwiches rather than blood from gruesome wars and famines… Crub…Earth..Crub..Earth..Crub..Earth..Crub..Earth..Earth…

Paper/Bonds- Global Revolution In Progress (GRIP)…

Solar: I’m working on it!!

[Rafe]

The double edge sword of legalising weed.

It’s so cheap I bet that people bought a few barrels of the stuff and rolled ’em home already… burn a barrel of the stuff to keep the house warm during harsh winters…

Maybe Europe should make weed legal too… They don’t like bamboo as firewood so try burning dried grass…

Where’s CB anyways?

[GVI Forex 2]

Don’t draw conclusions from todsy@s trading…

[Rafe]

There we go with dollar strength already… The Europeans have wars to tackle, the United States doesn’t, their war is against global terror… We are trading inefficiencies of which Europe has too many to deal with at one time. Caught in the middle are brits stuck with the bad karma of their cutting themselves off from the EU… but that doesn’t make them Europeans any less fwiw… They still have problems on their hands with blaring inefficiencies near visible in coming weeks…

[Anonymous]

(Bloomberg) — European gas prices are up about 45% this year, adding to the burden on households and industry as they strive to recover from the worst cost-of-living crisis in decades. There’s likely to be more to come with Russian gas flows due to cease on Jan. 1.

[Anonymous]

Europe stands at a critical juncture, caught between the echoes of war in Ukraine, the looming shadow of Trump’s potential return to the White House, and the relentless tug-of-war between the US and China for economic dominance. As leadership shifts in Brussels and key elections approach in France and Germany, the continent’s future hangs in the balance.

[Anonymous]

If You don’t understand the Energetic Problematic and the Embedded loss in the EURUSD fair value, You are missing the big picture.

https://amp.dw.com/en/russia-to-halt-gas-deliveries-to-moldova-from-january-1/a-71177330

[GVI Forex 2]

Risk off… short JPY crosses unwinding… USD extending highs elsewhere in tug-of-war end-of-year order driven trading in thin liquidity.

[GVI Forex 2]

US data releases mixed… big downside miss in Chicago PMI… See our Economic Data Calendar

[GVI Forex 2]

Michael, I always pay attention when you post but unless 1.05 is renewed, risk ois for a run at 1.00-1.02.

[Author]

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