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[Mtl JP]

10-yr 4.232% +0.026
euro 1.0787

It is a fragile world

[GVI Forex 2]

This is a timely article with an addendum

How Does a Currency Options Defense Affect the Spot FX Market?

[GVI Forex 2]

EURGBP .8316

As I posted earlier…

EURGBP lifted EURUSD away from 1.08 earlier but now slipping and putting some pressure on its downside

[GVI Forex 2]

US500 4 HOUR CHART – CONSOLIDATION

Nio change to 5805-95 as the consolidation range… To accelerate the upside, 5695 (record high) would need to be broken and become upport.

[GVI Forex 2]

XAUUSD 4 HOUR CHART – ANOTHER RECORD HIGH

Keep it simple…

Another record high at 2748… WHERE IT PAUSES IS PURE GUESSOWRK BUT 2750 IS A POSSIBLE LEVEL… IF BROKEN, THEN 2800 GETS TARGETED.

Strong bid if above 2740, support on dips a long as it trades above 2700-15

[GVI Forex 2]

Bullseye… 1.0796 low… textbook options defense… It was past the Little Dutch Boy’s bedtime

[Mtl JP]

EURO 1.0801 = Sup

IF it breaks 1.0780 next trgt
but as Support it need to hold else 1.0670/50 come on radar

[SF Monedge]

If you are thinking inflation has been sinking in REAL terms  you are not thinking.  You are buying horse manure being peddled to you by politicians.

Now, onto something tangible —-

And we have yet another Crypto Scam confusing people who think it is stable —

A glamorous Russian influencer known as the “Queen of Crypto” scammed unsuspecting investors out of over $22 million that she then sent to Ukrainian troops amid the ongoing war, according to reports.

Russian authorities say Valeria Fedyakina, 24, portrayed herself as a cryptocurrency expert on social media to gain the trust of at least four victims who she later stole millions from, NewsX reported.

The influencer, who went by “Bitmama” on social media, pretended to be a cryptocurrency expert with offices in Moscow City, Dubai, Monaco, Serbia and Turkey and convinced her victims to trust her with their millions, CryptoNews also reported.

[SF Monedge]

JP – Funny.  One of them just yesterday said “higher prices are here to stay.”  They must think all of us are stupid.

[Mtl JP]

I am almost giddy
–
“IMF says global fight against inflation is ‘almost won’ but warns of rising risks” – cnbc

[GVI Forex 2]

Unless The Little Dutch Boy, who is still hanging in, wants to spend 24 hours with his finger in the dyke, 1.08 will be vulnerable when markets turn thin.

Otherwise, USD maintains a bid, helped by firm US bond yield.

[SF Monedge]

If you happened to catch my October 21, 2024 at 12:10 am post it was dead on accurate.

Now I am thinking UsdJpy, if it is going to run into trouble will be around the 151.20/30 area.  I have been on the buy side and am now flat in that pair.  You could see the undertow across certain barometers and markets when Euro 108 was under fire and stocks were a part of that with certain metrics showing strength into the selling.  Jay’s reference to options defense was a part of it.  My preference has been the sell side of UsdChf due to the post I referenced and the elements in it.

[GVI Forex 2]

US yield moving up again. 4.214% 10 yr… USDJPY at 151.08

[Belgrade Bobby]

EURUSD Daily

That Little Dutch Boy better put his finger on 1.07500 😀

[GVI Forex 2]

EURUSD low 1.0801… last 1.0810… would need to move above 1.0818 to give The Little Dutch Boy a rest

.

[GVI Forex 2]

XAUUSD — new record high but so far just by $2. Needs 2740 to become support to set sights even higher.

[GVI Forex 2]

EURGBP 15 MINUTE – Pressuring EURUSD but…

EURGBP lifted EURUSD away from 1.08 earlier but now slipping and putting some pressure on its downside.

Little Dutch Boy must be getting tired but hanging in there.

[GVI Forex 2]

The Little Dutch Boy has his finger stuck in the EURUSD dyke at 1.0801

[GVI Forex 2]

Options defense?

EURUSD low 1.0806 low => 1.0817 last (bounces are getting shallower)

Suggest reading the article below

[GVI Forex 2]

This is a timely article jut posted in our blog and worthy of your attention

How Does a Currency Options Defense Affect the Spot FX Market?

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