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[GVI Forex 2]

10-Year Bond Yield Snapshot

Yields up… UK yields supporting a GBP bid

[GVI Forex 2]

Japanese 10 Year Bond Yield

While no change in rates is expected on Thursday, the debate seems to be how much it will eventually raise rates and not when the BoJ hikes next..

From what I rerad, the peak seems to be at 1% or lower (currently at 0.25%)

[GVI Forex 2]

CME Fedwatch — 95/5 odds for a 25bps rate cut … focus will be on what comes next… surprise would be if it is noit a hawkish rate cut

[GVI Forex 2]

AUDUSD WEEKLY CHART – NEW 2024 LOW

Keep this simple”

Next target is the 2024 low at .6270

ackc above .6348 (former(2024 low) would postpone the risk.

 

[GVI Forex 2]

XAUUSD 4 HOUR CHART  2650

With the exception of a brief break to a 2726 high, XAUUSD has been in a 2604-2721 range for around a month.

So, it is no wonder to see 2650 act as the pivotal level, especially by those treating the range as 2600-2700/

FWIW I have seen some bank forecast of $2900 as a target in 2025 so it would probably take a move below 2600 tosqujeeze out some core positions.

[GVI Forex 2]

Using my platform, as a HEATMAP

A

AUDUSD trading at its lowest level for the year… 2023 low is at ,6270

USDCAD trading at a 4+ year high

EURUSD extended its trade around 1.05 to \7 days in a row… the longer it goes on the greater the risk of a directional move once it ends

Key focus today is the FOMC… a hawkish rate cut (i.e. pause in January) is expected… given the time of year it is hard to suggest a follow through reaction so watch the US bond market for a clue to how much is already discounted.

[Anonymous]

Credit Agricole: December FOMC preview – we expect a hawkish cut

I don’t know what that really means. I find most of the current state of Artificial Apparent Stability quite sick if not, to say schizophrenic.

Stock markets are up because are manipulated, EBITDA falsified by capital players to gain more leverage, while Central Banks forgot Monetary Policy.

The US $ might be the world reserve currency, but if the New Presidency pumps Crypto, I think the US Dollar might well collapse, settin the FIAT post war system.

All It seems me them are lost, as we are.
A Minsky moment will come in 2025.

Best Wishes to All in such strange and weird times
Ol’ Perrie

[GVI Forex 2]

US30 DAILY CHART – 9 DAYS IN A ROW

Current pattern: 9 down days in a row

Watch the trendline if looking for support or a trigger for more downside risk if followed by a break of 42890 (red line) support.

[michael Calif]

daily charts.  Euro Low.   current December low is aligned with July ’23 high; buying any and all dips @gtw3.

[Belgrade Bobby]

BTCUSD Daily

It has finally reached 108K , and now might be the time for another correction…

Resistances : 108.500 , 109.250 & 109.500

Supports : 105.500 , 104.200 & 102.750

If we don’t see a new high tomorrow ( and I am not expecting it this time) , tests of the supports will follow.

[Belgrade Bobby]

XRPUSD Daily

2.41 now serves as a support and might be a footing for another wave Up.

Resistances : 2.9050 &  2.9450

I would say that 3.50 is not out of mind anymore .

[Belgrade Bobby]

NIO Inc. Daily

Nio is fighting to stay in the game :

Support at 4.40 held for now, but either it manages to go above 4.65 or another leg down will follow.

[GVI Forex 2]

US500 4 HOUR CHART – It’s That Time of Year

Don’t be surprised by profit-taking as this is more typical in the pre-XMAS week than adding to risk.

What caught my attention is a failure to break 6101 and follow NAS to a new record high.

Note the layers of support below the market but 6000 is the key pivotal level that needs to hold or risk more on the downside.

[GVI Forex 2]

XAUUSD 4 HOUR CHART –Consolidating

No change from my earlier update

Trades soft below 2650, perhaps more from a lack of interest as Cryptos stay hot.

To suggest more than just a retracement, 2600-10 would need to be broken.

Otherwise, 2650 sets the bias while within 2600-2700.

[GVI Forex 2]

EURJPY 4 HOUR CHART – WATCH THE TRENDLINE

The sharp retreat from 162.40 suggests the high may be in, needing a break of the trendline to confirm.

Keep an eye on this cross as it was another reason why EURUSD struggled above 1.05 and USDJPT went into retreat.

[GVI Forex 2]

EURGBP 4 HOUR CHATRT – ON THE DERFENSIVE AGAIN

Last week’[s rally proved to be short-lived and now dependent on the .8250 area holding or risk shifts to the .8223 low.

Watch this cross as it is one flow giving GB{PUSD a bid and ca[p[ping the EURUSD upside.

[Belgrade Bobby]

EURUSD Daily

A little tip/help to our competitors 😀

Close tonight below 1.04950 will indicate a Bearish move might be coming tomorrow

Close tonight above 1.05150 will call for a Bull attempt…

Borders of current rectangle : 1.04200 – 1.06300

Whatever the outcome , easy to place stops…

I use Daily to decide the direction and trade on smaller time frames.

[GVI Forex 2]

US 10 year 4.377% (4.43% earlier) => USDJPY 153.30

[SF Monedge]

I am expecting EurGbp and EurChf to begin forming a bottom but likely not until slightly lower levels are reached.

[Anonymous]

DAX daily chart BB 3 Sigma

Not looking that healthy.

Merry XMas to All

Ol’ Perrie

[Author]

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