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[GVI Forex 2]

Just posted in our blog

Will currency rebalancing impact month and quarter end trading

[Mtl JP]

retest is actually two words: “re” and “test”
think about the implications for the energy dynamics of the trading crowd

[Belgrade Bobby]

When we are on it already, let me just say one thing – that “retest” is The best when it comes to R/R and profit size. So lean on it a bit more….

[Dora]

Based on last 10 years testing – 96%

[Belgrade Bobby]

And what is the Probability of “all that” Dora? And not only last week and half, but backtesting that you did 😀

[Dora]

Mtl, when I mentioned “retest” what I meant is not a retest of some level , but represents a pattern that was named by one that thought me all that and it has nothing to do with Candles as well. That much I can say… Thank you on your insights – I really appreciate it !

[Mtl JP]

Dora 7:04 .. retest … under my skin …

the ying yang about whichever s result of a “retest” is that it is game between buyers and sellrs and the chipping away at them and their respective reasons for flushout as multiple returns are a manifestations of new oand/or additional players.

I suggest that the gaming in FX is not subject to the traditional buy low sell high theories seen in stocks.

One can see market commentary here on g-v about something called “sustained” but without numerical value mentioned. For that, I suggest to study the meaning of “wick”s or “tail”s on a time bar – not to minimize the shape of the candle’s body – and see if that can help trade with bit more confidence.

[GVI Forex 2]

US500 4 HOUR =  5600-5800?]

No change calling it a 5600-8800 range where 5700 is the neutral… Expect more chop unless either side of 5597-00/-5788-5800 is taken iut

Beware of erratic swings into month/quarter end but hard to see the upside running away ahead of the April 2 reciprocal tariff day.

[Belgrade Bobby]

GME – GameStop Corp.

GameStop Just Went Full Crypto–And Wall Street Is Panicking

GameStop  GME just dropped a bombshell and investors are reeling. The company announced it’s ditching more of its retail footprint and diving headfirst into Bitcoin (BTC-USD), raising $1.3 billion via zero-coupon convertible bonds to buy the cryptocurrency as a treasury reserve asset. Shares initially surged 14% on the buzz, but that excitement didn’t last long. Within 24 hours, the stock nosedived nearly 25% at 2.07pm, giving back all its gains and then some. While retail traders lit up the meme-stock boards, analysts were quick to question whether this pivot is a bold reinvention or a desperate roll of the dice.

Let’s not sugar-coat it: GameStop’s core business is bleeding. Sales fell 28% year-over-year, and it’s closed a quarter of its stores in the past year. Management says the Bitcoin move is about optimizing returns and staying liquid, but the timing raised eyebrows. Crypto markets have already surged 27% since November so why now? Strategy  MSTR pulled off a similar playbook in 2020 and saw its stock skyrocket, but it’s sitting on a massive Bitcoin stash and trades at a tighter premium. GameStop? Not quite the same setup, and investors know it.

Where is Roaring Kitty now…meow meow 😀

[Belgrade Bobby]

EURUSD Daily

Resistances: 1.08200, 1.08600 & 1.09150

Supports: 1.07700, 1.07350 & 1.07150

Close tonight below 1.08000 ( preferably below 1.08900) would be Bearish for tomorrow.

 

[Belgrade Bobby]

EURGBP Daily

Resistances: 0.83400, 0.83550 & 0.83850

Supports: 0.83235, 0.83150 & 0.83050

Direction is Down

[Belgrade Bobby]

USDCAD Daily

Resistances: 1.43300, 1.44015 & 1.44450

Supports: 1.42750, 1.42350 & 1.42050

Direction is still Down.

Only break of 1.43300 might change that view.

 

[Belgrade Bobby]

BTCUSD – Bitcoin

88.750 represents an important resistance level in this moment.

If BTC doesn’t surmount it tomorrow, it might dip again

Resistances: 88.750, 90.800 & 92.750

Supports: 86.850, 86.200 & 85.450

 

[GVI Forex 2]

USDJPY DAILY – Key resistance cited

Chart: Positive but faces a key resistance at 151.30, which stays at risk while above 150.50-60.

Note weak JPY crosses (e.g. firmer GBPJPY) adding to USDJPY demand’

I have not seen any specific news to account for the weaker JPY, which reminded me that March 31 is Japanese fiscal yearend.

I remember when this was a key time for FX and stocks but have not heard much talk about it in recent years. So, no clue whether this has been a factor but something to keep an eye on once March 31 passes.

 

[Dora]

EURUSD 20 min Once again 1,2,3 perfect. 21 pip I will admit : now I watch 4 same charts on different time frames waiting for this signal. I still have a problem with the “retest”, but it is getting under my skin lately.

[Adam Global]

keep buying gold

[GVI Forex 2]

XAUUSD 4 HOUR CHART –   New record high but by…

So, as suggested, XAUUSD was biding its time before making a fresh run at a new record high… so far by just 42 to 3059

To confirm a new leg up, the former high at 3057 needs to become support.

In any cade, keeps a bid as long as it trades above 30398.

[Mtl JP]

Alex 4:08 / President Trump’s tariffs are a money-making trade opportunity(ies)

just change colour glasses

[Alex Lugano]

Stocks dip, gold hits record, after Trump’s latest tariff salvo
Auto stocks fall on latest Trump tariff shot

Dollar up against Canadian dollar, Mexican peso

Gold hits record high

Global stocks dipped and gold hit a record high on Thursday in the wake of U.S. President Donald Trump’s latest tariffs that expanded the trade war to auto imports.

Trump announced 25% tariffs on all vehicles and foreign-made auto parts imported into the United States late on Wednesday, scheduled to take effect on April 3. This weighed on Japan’s Nikkei <.N225> and South Korea’s KOSPI  KOSPI stock markets.

Countries around the globe threatened retaliatory tariffs.

U.S. stocks shook off initial declines and were roughly unchanged while automakers slumped. General Motors  GM tumbled about 8%, while Ford  F dropped more than 4%, reflecting concerns about the impact on their supply chains. U.S.-listed shares of Stellantis  STLAM fell about 3%.

The Dow Jones Industrial Average  DJI rose 20.71 points, or 0.05%, to 42,478.39, the S&P 500  SPX climbed 6.42 points, or 0.12%, to 5,718.66 and the Nasdaq Composite  IXIC advanced 21.25 points, or 0.09%, to 17,920.27.

[Alex Lugano]

DAX Slumps as Auto Tariffs Take a Toll

Frankfurt’s DAX fell more than 1.5% to trade below 22,500 on Thursday, underperforming its regional peers, with auto stocks pushing down the index.

US President Donald Trump announced 25% tariffs on all car imports, exacerbating the trade dispute with the European Union.

He also warned that he would impose substantially higher tariffs on the EU and Canada if they coordinated efforts to counter trade tariffs.

 

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