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[GVI Forex 2]

BTC 4 HIYR CHART – BATTLE FOR 70000

BTC is back above 70000 but consolidating below and so unable to test recent highs.

So, expect more choppy trading but unless firmly established below 68000-70000, the highs are still in play.
‘

[Belgrade Bobby]

Mtl – EURUSD – 1.08250 is something of a pivot intraday

[Mtl JP]

EURO 1.0808
–
just abouve / on MA
players perception of CB’s relative odds of who is going to cut first likely a sentiment in play here

current S at 1.0775, R 1.0845/50
atm I am biased uP while above 1.08

[GVI Forex 2]

EURUSD 15 MINUTE CHART

End-of-month/quarter erratic swings are typical nut pause below 1.0928-29 jeeps the focus on 1.08 with some support as long as it stays above it.

On the downside, the low around 1.0775 keeps 1.0760 as key support.

[Mtl JP]

I am not expecting much price reaction from 10am releases
–
pending home sales and
U of M sentiment

[GVI Forex 2]

As I have been alerting, end-of-month/quarter-end flows seem to be taking over, reversing earlier USD strength, More about what has ti be done for end of the month/quarter than any speculative moves in the market,

[GVI Forex 2]

Japanese PM just voiced his verbal intervention. No reaction but the intervention warnings have reached the highest political circles.

[Belgrade Bobby]

EURUSD Weekly
Two important levels :
Resistance at 1.08500
Support at 1.07600

Current pattern is very Bearish for EUR

[Mtl JP]

how about bit of levity ?
–
headlines:
“A man who ‘hopes he runs out of money’ before he dies explains why you may not need as much cash to retire as you think”
(I actually like the idea, but prefer dying with sizeable debt)

genious ? granmama:
“Retired grandma, 71, still owes $108,000 in student debt nearly 40 years after she completed psychology degree: Amount is three-times the original loan she took out”

[Mtl JP]

GVI 11:58 / Earlier I had posted a THANK you note in reference to your eye on Waller
somehow it went POOF.

Basically I took as an INSTRUCTION to players what n how to play the DLR.

Overnite players understood the wink-wink hint-hint
ref some units down vs the dlr
euro, chf …

[GVI Forex 2]

EURUSD 30 MUNYTE CHART

‘
While 1.08 is the focal point, 1.0808 is the technical level to watch, as seen on this chart, as risk stays on the downside as long as it trades below it.

[GVI Forex 2]

EURUSD 4 HOUR CHART

I went to the 4-hour chart to find the next levels as EURUSD trades to a 5-week low

To state the obvious, 1.08 will set its tone.

Intra-day chart will follow

[GVI Forex 2]

AUDJPY 4 HOUR CHART – SHORT JPY POSITIONS BEING UNWOUND

USDJPY IS ABOUT UNCHANGED WHILE THE USD IS FIRMER VS OTHER PAIRS

AUD AND NZD ARE WEAKEST, EUR THEN GBP AND CAD ARE NEXT

WHAT DOES THIS TELL YOU?

JAPANESE INTERVENTION THREAT IS BEING TAKEN SERIOUSLY AHEAD OF A LONG HOLIDAY WEEKEND AS SHORT JPY (CARRY TRADE?) CROSSES ARE BEING UNWOUND

ON THIS CHART AUDJPY NEEDS TO TRADE BACK ABOVE.9842 OR RISK STAYS ON THE DOWNSIDE

[Belgrade Bobby]

Thursday Important data – Economic Calendar

USD Growth rate QoQ Final

USD GDP Price Index QoQ Final

USD Core PCE Prices QoQ Final

USD Initial Jobless Claims

USD Michigan Consumer Sentiment Final

With the data above, we can expect some lively moves today, in this pre Easter week .

[GVI Forex 2]

JP, Fed’s Waller just spoke

More hawkish than dovish

No rush to cut rates

Fed may have to maintain the current rate target for longer than expected

More inflation progress is needed before supporting a rate cut

[GVI Forex 2]

USDX 4-HOUR chart – Trend is still up but consolidating

To be exact, 104.57 is the key level.

EUR is 57.6% of the USDX

[SF Monedge]

Dollar Index does not like 104.50 and it appears some liquidity would be needed to change that for now.

[Belgrade Bobby]

EURUSD 4H

As long as the pair stays bellow 1.08250, the direction is Down

Targets 1.08000 

[SF Monedge]

JP – Well they will just have to wait a little bit or I will have to teach them a lesson.  Viewing options contracts in Euro the sell side is of course still dominant but it will take some decent liquidity to push the contracts significantly lower in the short term at these levels in my view.  Euro likes to move with the Dow a lot.

[Mtl JP]

game on !
–
cnbc 27 mins ago
“A majority of investors believe a stock market pullback is near, according to CNBC survey.”

[Author]

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