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[SF Monedge]

I use a very cycle driven algorithm model.  In that model for UsdJpy the key areas are 143.10 and 144.10 (ironically) at present.  143.60 is the price magnet (at present) and is right in the middle.

I sold 143.80, I bought 143.55 and then sold 143.69.   Already out of the sell but if I see 143.40 break I will likely jump on it for 143.

[GVI Forex 2]

US500 broke 5729 (see chart) briefly so far but enough to confirm what charts were already showing

[michael Calif]

for example, SP 500 futures have just run out of Time on this particular vibration,    :gtwo3

[michael Calif]

Yes

[GVI Forex 2]

US500 30 MINUTE CHART

Bounce from post-Consumer Confidence dip would need to break 5729 (red arrow) to fully negate any lingering downside risk.

[GVI Forex 2]

CME FED WATCH – ODDS OF 50BPS NOIV RATE CUT NOW 56% (56/44) AFTER WEAK CONFIDENCE DATA

 

[GVI Forex 2]

Thanks Michael… Are you saying it is based on time more than price?

[michael Calif]

Time vibration still the same, Jay    :gtwo3

[michael Calif]

no change in Time, Jay    :gtwo3

[SF Monedge]

DX 100.50 is a long standing value magnet in my model in recent times and the post data price activity bounced right off of it.  Forwards and other components are decidedly negative UsdJpy and so if that area is compromised and holds it is curtains for that pair.  If not it will likely see 100.90 in coming days.

[GVI Forex 2]

Michael, let us know if your cycle changes on the USD

[GVI Forex 2]

CB Consumer Confidence big miss on downside… stocks slip… yields dip, usd dips… good alert by SF pre-data

[SF Monedge]

Just a heads up the Advance/Decline ratio in stocks opened up schizophrenic indicating to me a lot of positions bailing pre-data and thus a bit of drop off in conviction to start anyway.

[SF Monedge]

GVI 12:43 – See that, thank you Jay

[GVI Forex 2]

EURJPY 1 HOUR CHART

SF, I show 161.18 as the key resistance.

[GVI Forex 2]

AUDUSD MONTHLY CHART – EXTENDING HIGH

AUDUSD extending its high to .6869, up 8% in the past 2 months.

Next target is clear at .6899 (use .6800) if .6869 is broken.

In any case, hard to chase up here but expect support below the market as long a it stays above .6800

[SF Monedge]

EurJpy 161.40 has been an ongoing value magnet in my view and one where I have keyed positions on when price activity returns there after being active at other levels.  Price failed to breach it 3 times now since Friday after pulling up from lows.  As a standalone, the pattern of participation is forming what usually amounts to a breakout uphill from there toward 163.  But that is only a pattern,  albeit an ongoing and repetitive pattern across currencies.  If not it looks like it might head for 158.

[GVI Forex 2]

I called risk on today “cautious” and stocks have backed off earlier highs… earlier JPY selling has fizzled, EURUSD backed off after not testing 1.1150… only US data today is CB Consumer Confidence

[Belgrade Bobby]

GBPUSD 4h

Supports : 1.33650 , 1.33400 & 1.33100

Resistances : 1.33850 , 1.34015 & 1.34750

Cable Bullish and still more to come.

[GVI Forex 2]

A look at the day ahead in U.S. and global markets from Mike Dolan

Wall Street looks set to grind out another record on Tuesday as world markets were enlivened by long-awaited monetary easing in China – rate cuts aimed at underpinning a wobbling economy that’s sowing weakness across the world, not least in Europe.

Chinese stock indexes surged more than 4% on Tuesday and the offshore yuan hit its strongest level against the dollar in 16 months after a series of moves by the People’s Bank of China to loosen lending conditions.

Morning Bid: New highs beckon as China eases, Europe sneezes

[Author]

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