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[Mtl JP]

odds of eurusd hitting 1.0450 before maybe down ?

[GVI Forex 2]

USD longs getting the squeeze. How far may depend on how many are caught out at higher levels.

[GVI Forex 2]

Dollar dipsa on data, mainly the JOLTS miss on downside. Stocks bounce after data, dollar dip on data limited so far.

source: Newsquawk.com

[GVI Forex 2]

OIl is still down on the day but get a bounce as Trump ramps up preddure on Iran

source: Newsquawk.com

[GVI Forex 2]

USDCAD 4 HIOUR  CHART –How far?

How far USDCAD can retrace depends on how many are caught  out by the tariff news whipsaw.

As this chart shows here are layers of supports below the market which argues for a 1.4250/1.43-1.45/1.48 wide range.

[GVI Forex 2]

The current lull feels like having withdrawal from yesterday’s volatility. All gaps filled from Monday’s start of the week open.

[Belgrade Bobby]

BTCUSD 4H

As long as Bitcoin stays below 100K on intraday, it is going to be on defensive and more spikes towards 90K are possible.

For coin to start building some strength it needs to go over 102K and stay there…

Supports : 98.000, 93.500 & 92.000

Resistances : 99.500, 102.500 & 106.500

This might be an early stage of Bullish Pattern forming, but it is way too early to tell.

[Belgrade Bobby]

EURUSD 4H

Supports : 1.03200, 1.02900 & 1.02450

Resistances: 1.03500, 1.03800 & 1.04350

Intraday momentum is Up

Overall direction is Down for now.

1.02900 is Pivotal for next 48H

[GVI Forex 2]

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

After a four-day guessing game and much financial turbulence, the United States and China appear to have resumed a tit-for-tat trade war while Mexico and Canada get at least a month to breathe – leaving markets somewhat punchdrunk and wary of next steps.

Morning Bid: ‘Phantom’ Trump tariffs get more real in China

[GVI Forex 2]

NEWSQUAWK  US IOEN

US equity futures modestly lower, Crude softer, Bonds and USD await tariff updates

Good morning USA traders, hope your day is off to a great start! Here are the top 5 things you need to know for today’s market.

5 Things You Need to Know

New 10% tariffs on China exports to the US have taken effect; China is to levy countermeasures on some US imported products with 15% tariffs on coal and LNG, as well as 10% tariff on oil, agricultural machines and some autos from the US.

European bourses trade tentatively, Tech buoyed by strength in Infineon; US futures are modestly lower.

DXY is flat, JPY underperforms, unwinding the prior day’s strength, and Antipodeans lag.

Bonds pullback but remain above Monday’s lows as we await tariff updates from US/China.

Crude softer amid Canada/Mexico tariff delays and China tariff retaliation.

Try Newsquawk for 7 Days Free

[Mtl JP]

FEB 10th – why ?

Hong Kong CNN
Beijing announced a broad package of economic measures targeting the United States on Tuesday, hitting back after US President Donald Trump imposed 10% tariffs on Chinese imports.

The fresh duties, announced by China’s Ministry of Finance, levy a 15% tax on certain types of coal and liquefied natural gas and a 10% tariff on crude oil, agricultural machinery, large-displacement cars and pickup trucks. The measures take effect on February 10.

[GVI Forex 2]

EURUSD   4 HOUR CHART – Gap filled

1.0350 gap filled… only a break above would extend what looks like a top

1.0350… gap (filled), double top, pivotal “50” level

Intra-day supports 1.0309-10292-1.0272

[GVI Forex 2]

XAUUSD 4 HOUR CHART –  Consolidating after a new record high

Consolidating after backing off from a new record high set at 2830 on Monday.

Expect a bid below the market as long as 2800+, only below 2772 would indicate a top but deck cleared of buy stops unless a new high is made..

[GVI Forex 2]

GER30 4 HOUR CHART – MIND THE GAP

Gap to 21600 remains unfilled and upside is limited unlil/unless it is filled and beyond.

Pause above 21076 keeps hopes alive that this is still a retracement/consolidation but at risk while gap stays open.

[GVI Forex 2]

Using my platform as a HEATMAP shows

It feels like the day after a quick moving storm raced through my town with only damage to those caught in its swirling winds.

With Canada and Mexico getting a one month reprieve, focus was on targeted tariffs announced by China in retaliation to the U.S. levies.

FX shrugged off an initial pop in the dollar while US stocks remain down on the day.

Next up on the tariff hit list is the EU. While EURUSD is holding its bounce, there is a headline risk at any time if Trump’s attention shifts to the EU.

EURUSD has filled its opening week gap at 1.0350, also the bias setter, and only above it would suggest more legs to its rebound.

[GVI Forex 2]

It is time to revisit this article with an addendun added after a whipsaw day like today

 

A Warning to All Traders: Your Stop May Not Be a Stop

 

https://global-test.financialmarkets.media/a-warning-to-all-traders-your-stop-may-not-be-a-stop/

[GVI Forex 2]

Who is The Third Winner of the GTA Challenge

The Third Winner of GTA Challenge is

[GVI Forex 2]

Big reaction to Trudeau… dollar dowm, stocks up

Source: Newsquawk.com

[GVI Forex 2]

USDCAD tests 1.45 follwing Trump remarks

Source: Newsquawk.com

[GVI Forex 2]

NAS100 4 HOUR CHART –     Mind the gap

Same as I wrote in US 500

I would like to say charts matter but in a news driven market they take a back seat ti the latest headline.

Charts, meanwhile, show the freefall paused above key support. It now needs to fill the gap and beyond at 21382 (came close)  to ease the risk or the downside.

[Author]

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