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[Belgrade Bobby]

XAUUSD – Gold Daily

Supports : 2735.00 , 2725.00 & 2695.00

Resistances : 2745.00 , 2760.00 & 2780.00

Close tonight above 2735.00 would indicate  run for a new high, and ultimately 2835.00 over period of a few days.

Most important Support right now for this scenario to unfold is at 2695.00

[SF Monedge]

Expecting Sterling to fall back a little and present a somewhat decent buy side opportunity again barring something significant.  Current 2980.

[SF Monedge]

One might expect a little verbiage out of BOJ in Asia tonight to affect a less volatile tone with Yen and perhaps some slight covert allocation.  Market won’t hesitate to test them again, its like an old western gunfight when you see 154+.  Who blinks first.

[SF Monedge]

Sell side of Aussie should be your friend this week barring unforeseen circumstances.

[SF Monedge]

Ok Franc is about finished (at least for now at 8654) with the risk premium from Geo conditions I mentioned Friday so it is likely to turn around here.  So UsdChf is likely to remain a little under pressure overall it just might give people another chance to get in.

[GVI Forex 2]

jp, WEAK NFP SHOULD BE SEEN AS DISTORTED BY IMPACT OF THE HURRICANE AND STRIKES.

[GVI Forex 2]

Lookin for a clue?

US bond yields moving up (cnbc)

‘

[Mtl JP]

GVI 2:22

most of the time opening GAPs, especially reaction to something political, are some of the easiest pips you ll ever juice playing the GAP to close.

DLRx
Payroll week. Consesus is 110K. Maybe it ll come in under.
If it comes in crappy odds would be players are going to re-price the FED yet again.

DLR looks wish-washi in its ethusiasm at bitting into 104.25 and +

S 103.90-ish

[michael Calif]

repost:    current Yen lows align with future Time lows  …  higher Yen futures anticipated.     :gtow3

[SF Monedge]

Reasonably sizable money just in on the buy side of Yen futures this may get interesting, nothing major buy 18x normal size right now.

[SF Monedge]

Yen futures are testing July lows.  One might expect some large orders.  November and December Calls are not happy and Puts are.

[GVI Forex 2]

My thanks to JP for hi view on filling gaps.

[GVI Forex 2]

SF, two stabs inside the gap have been met with buying.

[GVI Forex 2]

XAUUSD 4 HOIUR CHART – GAP FILLED

Opening week gap down filled.

What caught ny eye is that XAUUD hanging d despite some easing of Israel-Iran escalation fears.

To suggest more than just consolidating on either side of 2700-60 would need t be taken out..

[SF Monedge]

Yen futures 6580 is a key figure if UsdJpy is going to accelerate uphill.  Some metrics are hitting here so there is some potential, which would mean the market is satisfied the gap is filled.  I am not satisfied but it is what it is.

[GVI Forex 2]

NAS100 (CFD) WEEKLY – RECORD HIGH STILL LOOMS

It has been 8 weeks up in a row for the move that started 13 weeks ago.

NAS100 still needs to break its high for a new record and confirm what has been seen in the US500 and US30.

Buy On dips likely as long as 20K+ trades.

Test this week will be Megatech stocks earnings.

[SF Monedge]

Japan 10yr yield at 0.966 is targeting 1.000 and one might consider Japan would be offering a higher yield under the circumstances with 1.106 being the July high.

[SF Monedge]

If not already long, my preference would be to see just a little more sell pressure before I am long Yen pairs right now at lower prices.

[GVI Forex 2]

USDJPY AGAIN FINDING SUPPORT IN THE GAP… LOW 152.41

[GVI Forex 2]

While there is a full calendar of events this week to suggest volatility and opportunities to trade, the key focus is looking ahead to the Nov 6=5 US elections. With polling continuing to indicate a tossup, there is enough uncertainty to suggest thinning conditions as we head into next weekend.

Weekly FX Chart Outlook Oct 28-Nov 1

 

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