XAUUSD 4 HOUR CHART – Trapped
Currently trapped between 2890-2930
On the upside, break of 2930-45 would expose the record 2067 high.
On the downside, below 2859 would expose the 2832 low again.
Using the 2832-2930 range, midpoint is 2881 but 2900 seems to be setting the tone.
EURUSD Weekly
Let’s have some perspective now…
1.08550 & 1.11800 are above the head.
Down there 1.02500
Both resistances are extremely important – but if 1.08550 holds the pressure, EUR can collapse.
However, looks to me that EUR is ready for much higher levels.
Call of the day using The Power of 50
Mtl JP Participant EURO 1.0830 – EUR0 is flowing like strong spring mad river.
Odds are that 1.0850-ish should see the run pause some On potential pullbacks I d be looking at 1.0805ish to hold S below 1.0750/25 ish
This and That – doug ford, ontario premier, just announced 25% tariff on hydro exports to US. inludes NY effective monday coming
Stocks continue to meltdown, EURUSD back below 1.08.
I saw a headline before that an April ECB rate cut is still a posswibility.
See my earlier post about German yields falling back.
USDCAD back into 1.4300-20
EURO 1.0797
ALERT … degenerate traders want to know !
FX is known for another feature: LOVE for inflicting pain. and smile.
USDCAD 4 HOUR – TAIRFF REPIEVE?
USDCAD down on hope that Canada will get the same tariff reprieve as Mexico.
Key level isa not until 1.4165 with 1.42 standing in the way.
Back above 1.4300-20 woud be needed to ease the risk.
USDMXN DAILY CHART – TARIFF REPRIEVe (scroll below)
Dependent on 2800-13 holding to check the better tariff news reaction.
EURO 1.0803 hello!
lets see 1.0750 … who knows is not saying
German 10 year yields falling on risk off mood in stocks.— see if it weighs on EURUSD
A TARIFF PAUSE FOR MEXICO IS NOT HELPING STOCK…. OUT A SHORT WHILE AHO
Try Newsquawk for 7 Days Free
Stock rally fizzling… note the risk on/off correlation with USDJPY
Adam 3:58 / maybe … maybe finally donald has learned about speaking last and who controls the on/off switch on the microphone
EURGBP is not close to rolling over… all the action is in JPY crosswqs
Jay “Hit and run trading day”
any particular nimals you prefer to hit n run ?
I am eyeballing eurgbf for potential trigger signal for euro to cave
Tomorrow NFP will be massive
DAX – GER 30
Dax reached the new high today ( 23.440 ) and if closes around here ( in one hour) tomorrow we’ll be seeing another high.
Dax is targeting 24.200 with :
Supports: 23.300, 23.150 & 22.900
Resistances : 23.450, 23.700 & 24.200
US stocks still down but off lows
EURUSD ran stops above 1.0850 but no further…BUT keeps a bid while above 1.0800-05
USDJPY back above 148
XAUUSD back above 2900 but well below 2930
Hit and run trading day
New high has been reached today as more buyers aim for 24000.00
German yields are up since the ECB decision/presser
2.885% vs 2.825% pre-ECB