Contact us

[SF Monedge]

In on sell side UsdJpy 157.68, picking away is all.  See UsdChf going higher a bit later where I have resting sells

[GVI Forex 2]

EURUSD 30 MIN CHART – WAIT IS ON FOR US JOBS REPORT

EURUSD broke 1.0868 but so far has not stayed above it.

The 2 blue AT lines on top indicate a potential top for the day but would need to break 1.0850 to shift the focus back towards 1.08.

[GVI Forex 2]

Forex market is slowly reacting…29 year 4.34:%

[GVI Forex 2]

Forex market is slowly reacting…29 year 4.34:%

[GVI Forex 2]

Moinedge good call on US yields. Last at 4.347% See if USD follows.

[SF Monedge]

Correction : prior levels post on 10yr yield should be 43.10-20 not 42.10-20.  That said 42.10-20 is more vital.

[SF Monedge]

Apology if too many posts, attempting to be of help.  Took the money here on the UsdJpy sell at 151.52 bid due to the odds of the 10yr yield holding around here and looking to be on the sell side again higher up.  Have trailing sell stop for entry regardless should BoJ get an idea.   Gbp sell is from above current market nearer to the figure.

[SF Monedge]

Also of note GbpUsd is “smack dab” (US redneck term) in the middle of its 10 day range, in absolute terms.

[SF Monedge]

Viewing gains in EurJpy and Sterling as solid buy side waves against the larger sell side momentum.  Hence am short against Yen again in Eur and Usd, while in on the sell side light in GbpUsd but not as confident in that one so observing intently.  It appears my preference this week has been the risky venture of counter trading.  Noting the yield and hoping it doesn’t decouple with Dxy like it has done more than usual in recent days.

[SF Monedge]

Decent odds for 10yr yield to hold 42.10-20 I believe

[GVI Forex 2]

Classic example this week of the trading adage, It’s the reaction to news more than the news itself that matters.

[GVI Forex 2]

USDCAD 4 hour chart – 1.35 the focal point

CAd is 2nd in line today behind the AUD today as an outperformer.

As the chart shows, 1,3455 is the next key target, exposed while below 1.3500-15, a stronger risk if 1.35 caps the upside.

Keep in mind that moves outside of 1.35-1.36 have not been following through, which is why 1.3455 is a key level and 1.35 is pivoital.

[Belgrade Bobby]

EURUSD 4h

Resistance 1.08950

Support  1.08500 1.08150

As long as within this channel we can’t rule out either side.

Use small time frames on Intraday trading – only way to go without exposing yourself to total fiasco.

[Belgrade Knez]

April 4, 2024 at 12:03 pm
Mtl JP

yes now when I see that you are annoyed by my post! …..;)

 

[Mtl JP]

11:50 am#4016REPLY Belgrade Knez

feeling better now ?

[GVI Forex 2]

Reuters USDCAD poll

1.34 in 3 months

1.31 in one year

[Belgrade Knez]

April 3, 2024 at 8:21 am
wfakhoury Amman

EURUSD
NOW 10766
10757 confirmed will be reached
10760 is the consolidation level; buy below it, sell above it, and tp at it.
10666 confirmed will be reached if it keeps below 10760.

—————————————————————————–

Proved NOTHING is 100%

[GVI Forex 2]

April 4 (Reuters) – A look at the day ahead in U.S. and global markets by Harry Robertson
Data Jerome Powell wants, and data Jerome Powell shall get.

The Federal Reserve chair on Wednesday continued to play a familiar tune. “Given the strength of the economy and progress on inflation so far, we have time to let the incoming data guide our decisions on policy,” he said in a speech at Stanford University.

Thursday brings new numbers on weekly jobless claims for Powell and his colleagues to chew on. Economists think the number will come in at 214,000, up slightly from the week before but in line with the average over the last six months – and hardly commensurate with a faltering labor market.

Morning Bid: All eyes on the jobs market

[GVI Forex 2]

EURUSD HIGH 1.0865

i POSTED THIS YESTERDAY

With that said the dollar is on its back fOOt and the level EURISD bears do not want to see trade is above 1.0868.

[GVI Forex 2]

XAUUSD 1 HOUR CHART – 2300

XAUUSD set another new record high at 2304 as it continues to move into uncharted territory.

Betting on a retracement has been a losing one but looking at the 3 blue AT lines suggests potential for a top on this chart, ONLY CONFIRMED IF THE TRENDLINE (currently 2287( IS FIRMLY BROKEN.

Support below it is at 2265.

[Author]

Posts