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[SF Monedge]

The interest rate favors Aussie, They hit it on the data.  That is all it it.  Aussie is strong.

[GVI Forex 2]

AUDUSD on stronger jobs report. Scroll to see chart.

[GVI Forex 2]

I don’t know why it is called the USD index but the name is a joke.

The US Dollar Index is a Joke

[SF Monedge]

Jay I am sure Aussie is taking a temporary hit but is a buy

[GVI Forex 2]

See our Economic Data Calendar for Thursday

Aussie Jobs
US weekly jobless claims
US retail sales

ECB meeting

[GVI Forex 2]

EURUSD IS CLOSING BELOW ITS 200 DAY MVA (1.0874).

If you are looking for a pivotal level, watch 1.0850 as below it would expose 1,0800 and a 1.0777 target.

Above 1.0850 range is to 1.0900.
ECB is the next focus, 25bps rate cut is widely expected.

[GVI Forex 2]

AUDUSD DAILY CHART – GAME CHANGER LEVEL

6621 is key support and around the 200 day mva (YELLOW)… firm break would be a game changer… limits the downside life it stays untouched.

[GVI Forex 2]

XAUUSD 4 HOUR CHART – CLOSE BUT…

Came close (2580) to the record 2585 high but so far pausing just below it.

2558 is the key level, above it keeps the record high at risk, below it risks a pause.

[GVI Forex 2]

US500 4 HOUR CHART – Consolidation?

i POSTED THIS LATE YESTERDAY AND IT STILL HOLDS TRUE

IT IS NOW DEPENDENT ON 5800 HOLDING TO KEEP THIS CORRECTION IN CHECK.]

(although the key chart level on this CFD is at 5764)

Otherwise keeps a bid while above 5800 bur in consolidation while below the record 5874 high

[GVI Forex 2]

EURUSD 15 MINUTE CHART – Simply Amazing

I really don’t like to post this far after the fact but you have seen me talk about The Amazing Trader and here is another example of how uncanny its levels can be. Then note how the blue resistance lines formed what we call a ladder pattern to the downside.

Join the Global-View Trading Club and get a 50% discount to The Amazing Trader as a member benefit (contact me after joining to claim your discount).

[GVI Forex 2]

As the dust settles the dollar is firmer across-the-board except vs the CAD.

[SF Monedge]

You have to be ahead of the curve with this stuff or you won’t survive.

[SF Monedge]

My initial thought was China mouthing off about easing restrictions caused a big chunk of money flow into Asian markets, which distorted the flows on a global scale.  But it was temporary as it lacked detail.  So then half of it poured back out and landed in places like Singapore (I have been intently observing) and ultimately back into western areas.  This is why certain commodities are being impacted of late, some good some not.  China started it.

There is also war risk that is very real.  Remember, I was military at a not so small level.  Hence my comment yesterday about beepers about to go off again.  And low and behold the main article on Reuters today is about beebers going off.

I think maybe paying attention to me is worth something in spots.

[SF Monedge]

Jay, yes.  Some money is going elsewhere, hence the disconnect.  I am not positive yet but I believe I know.  Testing it a little, will report back as soon as I am certain.

[GVI Forex 2]

SF, right now DOW is up, S&P is lagging, EURUSD i down… is there a correlation?

[GVI Forex 2]

SSF, whatever works for you and we are all here to learn. I look at EURGBP to give a clue to EURUSD and GBPUDSD

[SF Monedge]

Jay my UsdJpy purchase was for the same reason I mentioned ahead of time in the forum.  I mentioned I was patiently waiting for the figure and the stops to get run and was already sitting there and filled at 90.  There is a reason I was a CTA lol.

[michael Calif]

re-post:    Time Vibration is Long USD until Nov 26; i.e. Short EURUSD.    :gtwo3

[SF Monedge]

Jay this may be the first time ever I disagree with you lol.  I nailed Sterling because of what I saw, which I have seen before.  I think many currency traders discount the effect of stock flows just as stock traders discount currencies and/or futures.  I certainly have and is one of my mistakes.  You could see it plain as day.  The hard part was hanging in there when it reversed a little.  Had to be up late at night.

[GVI Forex 2]

SF, there is not a disconnect but EURGBP seeing GBPUSD fall and EURUSD lag as the cross rose post- UK CPI.

Since then, EURGBP, while still up on the day, came off its high, removing a support for the EURUSD.

No change in GBPUSD that ot upside is limited as long as it i below 1,3050.

Now market will start looking ahead of tomorrow’s ECB meeting.

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