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[GVI Forex 2]

Here is the headline that whipsawed  crude back up

Source: Newsquawk.com

[GVI Forex 2]

XTIUSD 5 mIN CHART – HEADLINE WHIPSAWS

Crude getting jerked around by headline news

[GVI Forex 2]

Newsquawk reported this a little while ago and it has since been doing the rounds,,, not ckear whether this is a factor but XAUUSD has retreated further from yesterday’s 2882 high

Source: Newsquawk.com

[Belgrade Bobby]

EURUSD 30 min

Supports : 1.03650 & 1.03550

Resistances: 1.03750 & 1.03850

If this bar closes above 1.03650 another leg will go Up

Only bad deal is if it closes close to 1.03800 – that would lead to another test of 1.03650 – so leg down….

[GVI Forex 2]

Trump talking down the price of oil

Source: Newsquawk.com

[GVI Forex 2]

FIBO FANS:  EURUSD 1.0210-1.0442 … Paused at the 38.2% FIBO (low 1.03525

[GVI Forex 2]

GBPUSD 1.2390

Back above 12378 after a low aroiund 1,2360.., watch the close vs this level

EURGBP .8365

Back below ,8374 after running stops to a hgih at .8378

1.24 and .8350 likely pivotal for both

GBPJPY remains weak… watch 188.00

[GVI Forex 2]

GBPJPY DAILY CHART – Last line of defense

When 2 currencies move in opposite directions you can generally assume there are “real money flows behind the moves.

As this chart shows 188.06 (use 188.00) as the last line of support before a black hole opens on the downside.

[GVI Forex 2]

Bank if England cuts ratea as expected, GBPUSD down on 9-0 vote

Source: Newsquawk.com

[GVI Forex 2]

A look at the day ahead in U.S. and global markets from Mike Dolan

With tariff tensions easing a touch for now and price pressures coming off the boil, U.S. Treasury yields have plunged this week – defusing a tense January for bond markets and helping stocks find a foothold in the thick of a noisy earnings season.

Although they backed up a touch early Thursday, 10-year Treasury yields have sliced below 4.5% – dropping more than 10 basis points at one point on Wednesday to their lowest of the year as January ISM service sector readings showed a surprise drop in the prices paid by businesses.

Morning Bid: Bonds defused, stocks bounce, BoE cut expected

[GVI Forex 2]

NEWSQUAWK US OPEN

Stocks gain, USD bid ahead of jobless claims, GBP lower with the BoE in vieW

Good morning USA traders, hope your day is off to a great start! Here are the top 4 things you need to know for today’s market.

4 Things You Need to Know

European bourses at highs; US futures edge higher ahead of a slew of earnings.

USD attempts to recoup lost ground, EUR/USD back below 1.04, GBP awaits BoE.

Bonds in the red but off lows via a strong French auction & stagflationary UK data amid reports of a UK Cabinet reshuffle.

Metals trade mixed amid the Dollar but crude holds an upward bias.

Try Newsquawk for 7 Days Free

[Mtl JP]

… mind the gap …

rather than minding it , it is better trading it
imo

[GVI Forex 2]

EURGBP 4 HOUR CHART – MIND THE GAP

Continuing the pre-BOE rebound that started yesterday.

Entered the opening week gap, top still at .8355

.8345-55 looks like a sticky zone that includes the PIVOTAL 8350 level, which is so fat the high of the day..

Watch the cross for clues after the BOE decision.

[GVI Forex 2]

All you need to know aboiut the BOE rate decision in this DETAILED PREVIEW

[GVI Forex 2]

GER30 DAILY CHART -Itching for a new high

Keep this one simple.

Itching for another record high and avoid a double top that would need to move through 21800 to confirm.

Keeps a bid as long as it trades above 21000.

[GVI Forex 2]

XAUUSD 4 HOUR CHART – OFF ITS HIGH

Backing off from 2882 (record high) h

Support at 2830-50

Only below 2807 would indicate more than a pause.

[GVI Forex 2]

GBPUSD 4 HOUR CHART – Waiting for the BOE

My only question is why was GBPUSD bid at this time yesterday with a rate cut looming today.

What caught my eye at this time was the Power of 50 level after a high at 1.25496, so there is a method to my madness.

Note, a clue of a vulnerable GBPUSD, as I pointed out yesterday was GBP weakness vs the EUR and JPY, evident again today.

Back to charts

Move below 1.2463 breaks the upward momentum… back above this level would put 1.25 in play again.

Below 1.2378 would shift the risk back to this week’s low.

Re the BOE, a rate cut is widely expected and will not be a surprise.

[GVI Forex 2]

Using my planform as a HEATMAP

Dollar is trading firmerm except vs JPY… but well within this week’s wide ranges

USDJPY back above 152 after brief dip below this pivotal level

GBPUSD softer ahead of expected BOE rate cut (note GBPJPY, EURGBP)

Bond yields are higher after plunging yesterday

Stocks are trading slightly firmer

Gold has backed off from yesterday’s record 2882 high… indicator of tariff sentiment?

[Mtl JP]

GVI 11:39 – donald’s use of promise to apply tariff is akin to extracting information or some action from a counterparty you promise to drill their knee or pull their fingernail(s). It is just a tool to extract action from someone. No interest in actual trade war – only to bend to one’s desired bend-angle.

[GVI Forex 2]

It feels like markets have begun trading in anticipation of Trump’s tariffs since August. Signals are mixed (i.e. gold up, bond yields down, dollar well of its highs, stocks uncertain) as to whether Trump’s tariffs will turn out to be a Nothing Burger.

Will Trump’s Tariffs Turn into a Nothing Burger?

 

https://global-test.financialmarkets.media/will-trumps-tariffs-turn-into-a-nothing-burger/

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