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[GVI Forex 2]

GBPUSD 4 HOUR CHART – WATCH 1.28

Whatever orders were behind the GBPUSD retreat seem to have run their course (look at GBP crosses, including EURGBP which has backed off after .8460 resistance held).

Key levels:

1.2824, above puts the 1.2846 high in play

1.2779, below it extends the retracement

1.2800, sets the tone

[GVI Forex 2]

NZDUSD 4 HOUR CHART – THE BIGGEST LOSER

KIWI lower after dovish RBNZ statement after holding rates unchanged.

Key support .6047

Needs above .6132 to negate the risk

[Mtl JP]

HELP anyone ?

Nick Timiraos – chief economics correspondent for The Wall Street Journal – in his Updated July 9, 2024 2:24 pm wsj:

Powell Inches the Fed Closer to Cutting Rates At a congressional hearing, the Fed chair made a subtle but important shift in his assessment of the risks facing the central bank

one “that moved the central bank closer to lowering interest rates when he suggested Tuesday that a further cooling in the labor market could be undesirable.”

I have perused, searched and examined cnbc’s 2:13:35 worth of powell’s live video and transcript but could not find nick’s claim (hallucination ?) that Jerome said “that further cooling in the labor market could be undesirable.”

Comments ?

So far it makes me wonder what game nick is playing.

[GVI Forex 2]

Mark down Monday’s USD lows and see how the market trades if it distances from them… and whether there is a Monday Effect week or not

This is a term I coined to identify a forex trading pattern that I watch out for each week. I call it the Monday Effect and when it plays it, there are usually significant moves in the market. So, you need to be aware of the Monday Effect, which I reveal in the following article…

Another Trading Secret Revealed: The Monday Effect

[michael Calif]

futures remain Short USD and Long EURUSD    :gtwo3

[Joseph Anambra, Nigeria]

<p style=”text-align: center;”>15mins time of my trade settings on mt5</p>

[GVI Forex 2]

Let’s see what logic says

If you are short USD you probably would look to hang on until the US CPI report on Thursday, hoping for a surprise on the downside.

[GVI Forex 2]

NAS100 4 HOUR – CHINK IN THE ARMOR?

No sign on a top on a daily chart as new records get set but 4 hour could be showing a chink in the armor only if 20358 gets broken.

 

[michael Calif]

Hi Jay – no change – futures remain Long EURUSD

[GVI Forex 2]

EURUSD 4 HOUR CHART

1.0799 = Bids or Stops?

[GVI Forex 2]

Michael, if you are around, is there any change in your Options Profile in the EURUSD?

[GVI Forex 2]

GBPUSD UPDATE – RETRACEMENTS?

Retracement levels
1.2756 = 38.2%
1.2729 – 50%

See our Fibonacci calculator

[Belgrade Bobby]

Nvidia – NVDA

Nvidia is Best Performer in the S&P 500 and Nasdaq 100 So Far Today

NVIDIA Corporation (NVDA) is currently at $131.

Would be highest close since June 18, 2024, when it closed at $135.58

Currently up three of the past four days

Currently up two consecutive days; up 5.44% over this period

Best two day stretch since the two days ending June 26, 2024, when it rose 7.02%

Up 7.4% month-to-date

Up 167.92% year-to-date

Down 2.14% from its all-time closing high of $135.58 on June 18, 2024

Up 212.89% from 52 weeks ago (July 11, 2023), when it closed at $42.41

[GVI Forex 2]

XAUUSD 2358

Low at 2349.5, scroll down to see a chart and 2348-51 support

[Mtl JP]

geee SF , just clicked on the live feed
I admit : it was a mistake

really all I need is the 10-yr or 2-yr yield feed

[GVI Forex 2]

For members

New update in the Global-View Trading Club

[GVI Forex 2]

EURGBP 1 HOUR – WEIGHING ON GBPUSD

Still below .8460 but helping to push GBPUSD below 1.28 while so far keeping EURUSD above 1.08.

[Mtl JP]

faster than u can type … 4.326% HoD sofar

[SF Monedge]

Not a fan at all of Elizabeth Warren but she does have her spots and basically just beat the tar out of Powell citing inconsistencies and lies.  Powell and Yellen are political hacks for one political party and little more.

[SF Monedge]

I hardly believe a word out of Powell’s or Yellen’s faces anymore.  Purely political hacks with degrees and good linguistics.

[Author]

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