[David Shepherd]

All I need is how to trade as pro., to know when to trade and how to analysis market

[Belgrade Bobby]

Not a problem at all David – you are in the right place. If you have some charts that you use , I want to get a picture how you see the market…

[David Shepherd]

I have little experience about forex, I just trade on my own. So am a newbie.

[Belgrade Bobby]

Hi David.

We are going to start this week slowly…I would like to know where you stand with trading – either post a chart as you see it or something like that

[David Shepherd]

Hello everyone

[JMM USA]

Suggest watching the bond market ahead of and as/after Powell testifies

Currently yields ticking higher 4.295% up 0.027

[JMM USA]

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

After an intense month focused on election risk around the world, markets quickly switched back to the more prosaic matter of the cost of money – and whether disinflation is resuming to the extent it allows borrowing costs to finally fall.

Thursday’s U.S. consumer price update for June is the key moment of the week for many investors – with the headline rate expected to have fallen two tenths of a percentage point to 3.1% but with ‘core’ rates still stuck at 3.4%.

Morning Bid: Eyes switch to inflation vs elections, Powell up

[GVI Forex 2]

GBPUSD UPDATE – BID WHILE ABOVE 1.28

Levels to watch: 1.2785-1.2797/00 -1.2846 -1.2860

[Belgrade Bobby]

USDJPY 4H

USD/JPY: Dollar Reclaims ¥161, Jay Powell Speech to Test Greenback’s Strength

Dollar jumps above ¥161.

Fed’s Jay Powell to testify.

Volatility expected today.

Supports at : 160.950 , 160.850 , 160.500

Resistances at : 161.150 , 161.350, 16.950

[Belgrade Bobby]

The foreign exchange (forex) market is where banks and individuals buy, sell, or exchange currencies. It’s the largest financial market in the world, according to the latest reliable data from 2022, when global daily trading was $7.5 trillion.

Made up of banks, commercial companies, central banks, investment management firms, hedge funds, retail forex brokers, and investors, the forex trade is in the mid-2020s more than seven times the daily currency value traded at the beginning of the millennium.

The forex market allows participants, including banks, funds, and individuals to buy, sell or exchange currencies for both hedging and speculative purposes.
The forex market operates 24 hours, five days a week, and handles trillions of dollars in daily trading.
The forex market is an over-the-counter (OTC) market.
Many forex accounts can be opened with as little as $100.
The forex market is not dominated by a single market exchange but involves a global network of computers and brokers from worldwide. Forex brokers act as market makers as well and may post bids and ask prices for a currency pair that differs from the most competitive bid in the market.

[JMM USA]

EURUSD 4 HOUR – WAITING FOR POWELL

Given expectations of a dovish tilt for Fed Chair Powell’s testimony today, the dollar upside should be limited ahead of it.

This suggests markets should be positioned for a more dovish testimony so it will be the reaction to his comments that will be more important than what he says barring some clear signal of a rate cut (markets are pricing in an 80% chance of a Sept cut).

Otherwise, expect support as long as 1.08+ trades but needing to take out 1.0845-50 to suggest a run at key targets in the 1.09-1.10 area.

[GVI Forex 2]

AUDUSD 4 HOUR CHART – AIMING FOR .68?

Key target is close to .69 with .6800 the next obstacle. To make a run at .68, .6750 would need to become support.

Minor range .6710-.6761

Split the range and .6735 is the midpoint… needs to hold to keep a bid.

           CLICK BELOW TO LEARN ABOUT THE

GLOBAL-VIEW TRADING CLUB

[GVI Forex 2]

1.              CLICK BELOW

[GVI Forex 2]

Update: What you will see in my updates is a focus on identifying the side most at risk and the side where the odds should be on your side.

If this resonates as it should, then stay tuned and use the Q&A to ask questions or post anything trading related.

[Belgrade Bobby]

XAUUSD – Gold
Has to hold above 2355,00 for further advances.
Resistance at 2395,00

[Belgrade Bobby]

TSLA – Tesla
Tesla on Track for Longest Winning Streak Since June 2023
Tesla, Inc. (TSLA) is currently at $252.54, up $1.02 or 0.41%Would be highest close since Dec. 28, 2023, when it closed at $253.18

Currently up 10 of the past 11 days

Currently up nine consecutive days; up 38.32% over this period

Longest winning streak since June 13, 2023, when it rose for 13 straight trading days

Best nine day stretch since the nine days ending Feb. 2, 2023, when it rose 41.11%

Up 27.62% month-to-date

Up 1.63% year-to-date

[Belgrade Bobby]

SMCI – Super Micro Computer Inc.
Is Most-Watched Stock Super Micro Computer, Inc. (SMCI) Worth Betting on Now?
Super Micro Computer  SMCI is one of the stocks most watched lately.
Over the past month, shares of this server technology company have returned +10.1%

[Belgrade Bobby]

AMD – Advanced Micro Devices Inc
AMD and shares have lagged this year. Why a rebound could be in store.
AMD has found a nice Support just above 155.00 and now is heading towards middle of the Rising Channel – 195.00

[Belgrade Bobby]

BTCUSD – Bitcoin
Bitcoin falls further amid sell pressure from German government exchange transfers and Mt. Gox payouts
Bitcoin’s price has fallen further over the past 24 hours as Mt Gox payouts and the German government’s transfers of BTC to crypto exchanges have rattled markets.

[Belgrade Bobby]

Nvidia – NVDA

Nvidia Could Earn $5 Per Share in 2025, Analyst Says: Supply Checks ‘Materially Larger Than Just Two Months Ago’

Shares of leading semiconductor stock NVIDIA Corp  NVDA are trading higher after receiving an updated price target from a leading analyst

[Author]

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