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[GVI Forex 2]

GBPUSD 4 HOUR CHART – Pre-Easter trading continues

GBPUSD remains in a retracement mode and as this chart shows key levels are not until the trendline and 1.2803

Immediate resistance is at 1.2675, an inviting but so far elusive target..

Support at 1.2632 needs to hold to keep thoughts away from 1.26.

[GVI Forex 2]

EURUSD 1 HOUR CHART – BID IN AN OFFERED MARKET OR WHAT?

Having held a test of 1.08 EURUSD gas tested the pivotal 1.0850 level in a pre-Easter week, the bounce has tested the pivotal (more psychological than technical) level at 1.0850, also the midpoint of 1.08-1.09.

There seems little incentive to push too hard unless a solid 1.0850+ trades, which would put the key 1.0868 level in play.

Otherwise, range is to 1.0831, which was also a resistance from Friday with support seen as long as it holds..

[Forex Cycle]

USDJPY Update: Trend Line Break and Support Levels

The recent price action in USDJPY has seen a break below the ascending trend line on the 4-hour chart, indicating that a prolonged consolidation phase for the uptrend starting from 146.47 is currently in progress.

As long as the critical support level at 150.26 remains intact, there is potential for the upward momentum to resume, with the possibility of further advancement towards the 170.00 region following the consolidation period.

The initial support level to monitor is at 150.95. If this level is breached, it could lead to a test of the key support at 150.26. Only a decisive breakdown below this pivotal level would suggest the potential completion of the uptrend that originated from 146.47.

[GVI Forex 2]

THIS IS NOT AN AD BUT A RESOURCE FROM GLOBAL-VIEW THAT MAY CHANGE THE WAY YOU LOOK AT TRADING

[GVI Forex 2]

AUDUSD 4-HOUR CHART – Consolidation or Correction?

The market has started out in typical pre-Easter week fashion with some position adjustments dominating.

AUDUSD failure to test .6500 has seen a modest retracement that would need to take out .6577 to give it some legs.

Otherwise, expect some choppy consolidation trading while within .6599094 and .6577.

[SF Monedge]

Switched side, resting longs below market

[SF Monedge]

Have resting sell w tight stop GbpUsd above current market (current 2641).

[SF Monedge]

AudCad has legs but is in a stalemate at 8880.  Not touching it here (posted for novices)

[GVI Forex 2]

GBPJPY 30 MINUTE CHART -Crosses driving the forex market today

USD is mixed, down vs GBP, EUR, AUD, CAD while USDJPY is about unchanged and USDCHF is up slightly.

This can be seen in this GBPJPY chart ( look at the crosses for any combination of the pairs I just cited)

[SF Monedge]

This is the second time within 10 days the 10yr yield has been disjointed from the dollar I believe.  You could see it early.  Therefore flows are slow and inconsistent at times.  Not as much in some crosses this time.

[SF Monedge]

I filled sells in Usd vs Chinese Yuan and Signapore Dollar just before the close Friday (see post that day) which paid off nicely with the Chinese Central Bank making their announcement in Asia Sunday.  I now have resting buy side orders below current market in Usd vs both, and Swedish Krone.  Dollar is in sell mode but it won’t last forever in my view.

[SF Monedge]

With today being an inside day (unless something happens) one would think Euro futures cap in around 1.0900

[SF Monedge]

May see bold buyers in Dow at 392, my preference is 390, could help hold euro up if so

[GVI Forex 2]

BTC 4-HOUR CHART

i was asked to post a BTC chart.
‘
The move up looks logical using the AT red lines, but it feels more like a video game than trading in the forex market.
‘
In any case, it has held off a retracement aboce 60000 but would need to take out the record high to signal a new leg up.

As I have said before, using my magic numbers (60000, 65000, 70000), they act as a good guide beyond just looking at technical levels in this crypto pair.

[Mtl JP]

USDx 103.87
–
from the (not just) look of the daily chart, DOLLAR puppy is gaining player favour

mine too

[Swiss Frank]

Thanks BB

[Belgrade Bobby]

Frank, I am looking to fix this problem, as it affects us all. I’ll try again today another plugin , to refresh only the forum.

Not sure if I succeed – need a help from support , and they are slow.

[SF Monedge]

May see buyers around S/P futures 5263 if seen which would support the potential for EurUsd 1.0800 holding.  Market appears to be headed for Dxy 104.05 which would support the potential for EurUsd to cap if/when it does.  Key close in points in our model.  If compromised that should lead to follow through.  Just a close in perspective.

[Belgrade Bobby]

EURUSD 4H

Resistances at  1.08400 1.08550 and 1.08850

Supports at  1.07950 and 1.07650

The main question here is : Is this an Uptick prior to the continuation of down trend, or a beginning of formation for next push Up.

Not much of data this week – till Thursday – Economic Calendar, so the moves would be dictated mainly technically .

Currently – Intraday – we should treat 1.08200 as a pivotal .

[Swiss Frank]

Coming back to JPs question of the page resets while typing out a post -> Does this also apply to the charts page? It seems that I can set up a page with parameters set on a currency pair and it’s time frame, only to have it reset to eur/usd daily every time the page refreshes. Is it possible to avoid this? If so, how?

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