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[SF Monedge]

Monedge has a new approach.  I may only make one or two, in spots three trades per day, usually around 8am PST

[Swiss Frank]

Maybe some currencies are more yield differential sensitive than others….

[GVI Forex 2]

EURJPY 4 HOUR

I was asked why the dollar is not moving up with higher yields today.

My answer: Look at the JPY where weak crosses are giving other currencies, such as the EURUSD, some offset support.

So, take a look at EURJPY, which is testing the next resistance at 162.18.

161.70 is now the key support.

[Mtl JP]

admittedly I feel like a still live baby buffalo being torn up by a pack of hyenas this morning

one minute dlr correlates with yield movements, next few mins not

and spread is dynamically wanki as well , at least on my feed

[Mtl JP]

GVI 1:46 yield uP but dlr down . plz explain
tia

[Mtl JP]

still on deck
–
09:30 – lane yaks
10:00 – bunch of U of M metrics

[GVI Forex 2]

Big downside miss in Empire State Mfg but fx didn’t blink, bond yields moved high

[Belgrade Knez]

Bobby 1:40 pm

Like! 😉

[Belgrade Bobby]

EURUSD 4H

Eur just couldn’t close bellow that support trend line…

This looks very bearish, and calls for at least another attempt for previous low , or near it.

I’ll give it all the way to 1.08650, and if taken out, we are on the road to 1.07950

However, if it holds, we can witness few days of Sideways to Up. Even 1.09200

I am not going to Buy it no matter what.

Sell small time frames

[Mtl JP]

EURO 1.0892
–
puppy has a slight bull tone while abouve 1.0875
personally I do not trust the strenght / fragility of euro buying enthusiasts
maybe if puppy manages to climb N of 1.0910+ might here be a trgt beacon at 1.0950

[Mtl JP]

GVI 12:21 – better play than BTC is copper
up 5% on the week

I can think of a few reasons why it is a instrument

[Mtl JP]

is that so
–
“BOJ Starts Preparations to End Negative Interest Rate Policy at Next Meeting” – Jiji Press

[Mtl JP]

DLRx 102.94 – little-bitly down
10-yr 4.273%
–
dlr may be up on the week but looking to take a pause here.
players’ consensus for next week FED is no change.

Probable next player interest will be FOMC’s dots. (the dots are a coded messaging system to quasi-insiders and are assumed to represent policy-makers’ expectations)

[Mtl JP]

hehehe fear of gawd:
–
“Nikkei 225 index fell 0.3% on Friday and was set for a 2.3% weekly decline”

in speculation about next week’s BoJ’ negative interest rates and yield curve control policies

[GVI Forex 2]

EURUSD held just below 1.09

See my March 15, 2024 at 1:37 am

[GVI Forex 2]

BTC 4 HOUR CHART

When something moves *in this case down) almost 6%, it is hard to give a technical view even though charts after the fact can look clear (note 2 blue AT lines signaled a potential top).

Given the way BTC trades, psychological or magic number levels might be a better guide.

In this regard, 60,000-65,000-70,000 will dictate how far this retracement goes.

[Forex Cycle]

USDCHF Analysis: Breakout and Potential Upside Movement

Following the breakout above the resistance of the descending price channel on the 4-hour chart, USDCHF has continued its upward trajectory by surpassing the 0.8794 resistance level and reaching a peak of 0.8852. This development suggests that the downward movement from 0.8892 may have concluded at 0.8729.

A further rally is likely in the upcoming days, with the next target set at the previous high of 0.8892. If the price manages to exceed this level, the focus could shift towards the 0.9000 area.

The initial support level to monitor is at 0.8794. Only a breakdown below this level could potentially trigger another descent towards testing the 0.8729 support level.

[GVI Forex 2]

USDJPY 4 HOUR CHART

Some pre-BoJ meeting cold feet have JPY trading weaker

Offsets out of EURJPY buying are helping so far to keep EURUSD above 1.0867 (see post below)

Rising red AT lines show risk to the upside as long as it stays above 148.00-04 but…

Major resistance is not until the upper 150+ so not close to key levels.

[GVI Forex 2]

A look at the day ahead in European and global markets from Kevin Buckland

European traders may do well to brace themselves for a sell-off on Friday, with equity markets sinking around Asia as investors adjust to the prospect of later and fewer Fed rate cuts this year.

Morning Bid: Rethink on Fed cuts creates tech wobble

[GVI Forex 2]

EURUSD 4 H0UR CHART

RISK WHILE BELOW 1.09 =>

1.0867-1.0831/39-1.0795

1.0900+ negates risk

As the chart shows 1.0867 is a key obstacle.

[Author]

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