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[GVI Forex 2]

US500 DAILY CHART –A reprieve

Failure to regain 6000 keeps the risk of an outside month alive… to neutralize the risk, 6000+ is needed.

Last month’s low was 5901.

[GVI Forex 2]

USDJPY 4 HOUR CHART –  JPY in demand

Risk of a March rate hike vs falling US yields + safe haven JPY buying weighing on USDJPY (and boosting JPY on its crosses)

Keep this simple, bear bias unless 150+ is renewed.

Support 148.50-56, 148.00, 147.30

148 .00 and 148.50 both pivotal

[GVI Forex 2]

XAUUSD 4 HOUR CHART –  Consolidation

As long as XAUUSD stays above 2878 the 9 weekly chart up pattern is intact.

BUT a move back above 2945 would be needed to negate the retracement risk and put the 2956 record high in play again.

Otherwise, expect more consolidation while within 2878/88 and 2930/45

 

[GVI Forex 2]

Trump speaks, stocks sink… bond yields continue to slifde (last 4.25%), weighing on USDJPY

[GVI Forex 2]

I said watch out for headlines today … As I said as well, actions speak louder than words althoguh his words are good for some3 volatility.

 

Source: Newsquawk.com

[GVI Forex 2]

Point taken but look at where the flows are going… into JPY and lesser extent GBP

[Mtl JP]

GVI 6:01 = in english: _______ ?

[Mtl JP]

GVI 5:06 … looks like
spoken too soon , euro getting rottweillered atm 1.0528 to 1.0490ish

that 1.0530 held R before , not sure why

[Rafe]

XAUUSD:- And simply put I expect XAUUSD to triple and triple in coming years. I am holding on to my long possie’s through corrections and will buy more of gold whenever opportunities present themselves etc. And I don’t do SIP’s but I do the bulk buying instead.

GL GT

[Rafe]

XAUUSD:- There is stiff resistance on XAUUSD at 2962-2963 and stiff support for it at 2899-2896. It can go either way however I favor the upside to 3000.40 and beyond so hold it for higher targets, however downside moves would become buying skirmishes at 2835-2830 and for that the strategy is to buy on dips to cover higher up then buy on dips again to cover until we have a straight move to 3000.40. We did not see much action today because Indian Markets are on Religious Holiday and expected to return to action tomorrow and bring about some exciting happenings and excellent news.

GL GT

[GVI Forex 2]

It ooks like the dollar will go intop the afternoon on the defensive…

[GVI Forex 2]

Zelensky comning to DC on Friday to seal the deal

Source: Newsquawk.com

[GVI Forex 2]

Outlier has been USDCAD (last 1.4349) although still below 1.4376… see earlier post/chart by scrolling below

[GVI Forex 2]

News outlets will spin better stocks today to the House passing the tax cuts but reconciling a bill with the Senate is still a hurdle.

One though… Extending existing tax cuts before they expire is more of non-negative than a positive

Also, bonds have not reacted at all.
‘
In any case, what looked like a dollar positive day has taken a u-turn. but not ciounting on follow through.

As noted, watch for headlines later on after Trump’s first cabinet meeting.

[GVI Forex 2]

Correlation algo must have flipped a awitch… US500 tests 6000… USD falls… NO NEWS

[GVI Forex 2]

… and now stocks pop higher… USDJPY seems most sensitive to risk on/risk off in light trading.

[GVI Forex 2]

US stocks backing off… long wait until Nvidia reports

[GVI Forex 2]

This article is almost like deja vu looking at the current EURUSD pattern aroiund 1.05

The Magic Levels Trading Pattern Strikes Again

[GVI Forex 2]

USDCAD DAILY CHART  One way street

As you can see by this chart it  has been a one-way street since 1.4165 that faces a key obstacle at 1.4376.

On the downside, it keeps a bid as long as it trades above 1.43.

Keep an eye on headlines as the March 4 tariff deadline nears.

[Belgrade Bobby]

XAUUSD – Gold

Resistances: 2915.00, 2920.00 & 2930.00

Supports: 2905.00 & 2890.00

For further dive , Gold needs to go below 2890.00 – or it will slowly turn Up.

[Author]

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