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[Belgrade Bobby]

USD Dollar – Russian Ruble –USDRUB

High 107.7662 this month.

Upper channel resistance line reached .

I wouldn’t expect anything like what happened in February/March 2022.

Still we might be seeing run above 110 as a blow of rally.

If not – back to 80 and even 60.

Максимум этого месяца 107,7662.
Достигнута верхняя линия сопротивления канала.
Я бы не ожидал ничего подобного тому, что произошло в феврале/марте 2022 года.
Тем не менее, мы можем рассматривать повышение выше 110 как удар по росту.
Если нет – вернемся к 80 и даже 60.

[SF Monedge]

I like selling Usd vs Hong Kong if we get a not too aggressive pop in Asia.

[GVI Forex 2]

USDJPY 1 HOUR CHART – Testing downside

The farther USDJPY gets from 155 the harder it is to sustain a rally.

Below 153.23-55 targets 152.00-10

Above 153.72 negates the risk.

With that said, the upcoming US holiday makes it hard to suggest follow through.

[SF Monedge]

EurCad sell side around 1.48 looks interesting if the market will kindly provide a backdraft and get back up there.

[Belgrade Bobby]

Solana – SOLUSD

Still more to come ??

Solana (SOL) Struggles to Hold Gains After Reaching New ATH
Solana  SOLUSD price reached an all-time high of $264 on November 22 but has since entered a correction, dropping nearly 10% in the past 24 hours.

[Belgrade Bobby]

GameStop Corporation – GME
Here they go again….
GameStop stock continues its climb amid squeeze chatter
Shares of GameStop Corp. continued their rally despite no apparent news Tuesday, with the videogame retailer’s stock climbing 2.7%.

GameStop shares (GME) ended Monday’s session up 6.3% and the stock has climbed for three consecutive days, and five of the past six trading sessions

 

[GVI Forex 2]

There are some articles that stand the test of time. The following is an article I wrote 10 years ago that is worth reposting. The article asks a question that is as relevant today as it was back then

Is Gold Becoming the Next Major Currency?

 

[Belgrade Bobby]

Nio Inc.

Bad news boys and girls – our little NIO lost footing and now is on the road to around 3.60

Bad mouthing by Goldman Sachs in previous days took it’s toll…

However, there are some brighter news coming in :

Market Chatter: NIO Expects Profit, Double Sales in 2026

[GVI Forex 2]

XAUUSD 4 HOUR CHART – 61.8%

The bounce off 2605 (2607 = 61.8% of 2554-2721) gives hope to the bull side that this was just a retracement.

To confirm, 2630-50  would need to be regained.

 

[GVI Forex 2]

US500 4 HOUR CHARTT – GAP FILLED

Having filled the opening week gap the focus is back on the record 6029 high.

Key level going forward remains 6000 as it needs to become support to send a strong signal.

Otherwise, support below it as long as 5967 holds.

 

[GVI Forex 2]

CME Fedwatch: 63/37 odds for a 25bps Dec rate cut

[GVI Forex 2]

 

[SF Monedge]

There is a decent chance Euro 0420 or so holds but it would be in an intermediate cycle against the more dominant grain of the sell side and so if you are contemplating the buy side approaching the figure it may be prudent to go half exposure of what you ordinarily might.

[SF Monedge]

I like the sell side of UsdChf about 20 pts higher from current market (8880) if it gets there and you are not already in and roughly 40 pts lower or more.  Dominant cycle in Franc futures is the sell side with the intermediate cycle in buy mode.

[GVI Forex 2]

Lots have been said on this issue, and all of it was more or less right.

Trying to guess the next move on any given pair can be at least difficult if not impossible.

There are many reasons behind it, and I am going to highlight the most important ones :

Trading in a Holiday Season

[SF Monedge]

When/if Canadian Dollar futures reach the 7140 area that is a decent spot to consider the buys side of UsdCad I believe if you are not already in.  Should translate around 30 pips of so from current price of 4080.

[GVI Forex 2]

EURJPY 4 HOUR CHART – 160

Why SF said EURJPY 160 is important

[SF Monedge]

On que at the European fix flows reversed in Dow stocks which is aiding Euro a little.  It won’t last more than 90 minutes or so or perhaps less than that.  At least for today in probability.

[SF Monedge]

UsdJpy 153.20 is a market price magnet.  I track it.  It cleared again.  This contributes to the odds of the pair going over 154 and targeting 155.20.  It may well hold right here in the 153.60’s but a new entry here might be considered a bit dicey.  Depends on your risk tolerance and approach.  My preference is a lower price that current market.  The intermediate cycle is sell side but the dominant cycle is the buy side and should target 156.

[GVI Forex 2]

Good thing I have A FULL HEAD OF HAIR as EURUSD’s earlier rally was a head scratcher for me but once it failed below 1.0550 after a stop hunt, it slowly lost its bid.

Now just keep a focus on 1.05 as THAT REMAINS THE BIAS SETTER.. IF YOU are looking for a level that would cool the downside, it needs to get back above 1.0470… LAST AT 1.0467

[Author]

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