[Belgrade Bobby]

NIO Inc.

Yet again 4.20 & 4.00 come as a last line of defence.

It all points to 3.60 as a real target.

That number represents a level that served as a footing for last year’s adventure towards 7.50

Anything below it smells like 1.20 – All time Low

 

[Belgrade Bobby]

USDCAD Daily

Resistances: 1.43200, 1.43350 & 1.44015

Supports: 1.42900, 1.42650 & 1.42400

Loonie has created a triangle, and this one in my opinion will break down.

But if it fails to break below 1.42400 we have to open our eyes and be very careful later on.

[GVI Forex 2]

XAUUSD 4 HOUR CHART –  Retracement risk

I always say that AT (The Amazing Trader) doesn’t lie so pay attention to what its chart shows.

3 blue lines indicate a risk on the downside unless 3038 is broken.

Support at 2999 blocks 2978.

Much will depend on whether  buyers step in around 3000.

[Belgrade Bobby]

USDJPY Daily

For Monday we have a Bullish Pattern, but USDJPY has to take out 149.650 for any significant move Up.

If successful, opens a road for attack at 151 zone.

Happened – so what next?

Supports: 150.150, 149.650 & 149.150

Resistances: 150.750, 151.000 & 151.350

This is Yen and it can just continue Up, but I expect it to at least pull back till around 150.150 if not a full move to 149.650

[Belgrade Bobby]

GBPUSD Daily

Cable met a fierce resistance at 1.29700 ( 1.29743 to be exact)

Now Resistances are at:

1.29300, 1.29550 & 1.30000

Supports: 1.28850, 1.28600 & 1.28050

Tomorrow we should see another test of 1.28850

[GVI Forex 2]

This is a good time to revisit this blog article

Note in the chart posted below how EURGBP found support, bounced and how GBPUSD, initially boosted by this selling of this cross,  lost its bid.

How You Can Use Currency Crosses to Trade Spot Forex

[GVI Forex 2]

Notice how GBPUSD lost its bid after a sell order in EURGBP was filled.

EURUSD initially bounced on the bounce in EURGBP (last .8362 vs an .8345 low).

EURUSD has since followed GBPUSD lower with a lag, moving back below 1-08 so far holding above the earlier 1-0790 low.

Sojeep an eye on this crossw as you can see how crosses can give a clkue to what isa driving the spot market.

[Mtl JP]

Bobby 2:31 – and then … market comes to a screatching halt and ditzes +/- 10pips for hour(s)

[Belgrade Bobby]

One interesting observation – almost always – no matter the data , when I get a system signal on bigger time frames like 4h+ it comes through.

Just like the system knows results of the data up front…

I have really thousands of examples…

One has to wander what’s older : chicken or egg

[Dora]

Sold EURUSD on approach at 1.08600 and placed profit target at 1.07950 – got 1.07926. I wasn’t looking at it during the data !

 

[Alex Lugano]

Futures buoyant ahead of data-driven week

S&P 500 futures rise over 1%

Traders brace for news on tariff barrage

PMIs, US PCE, China earnings in focus

Wall Street shares looked set to open higher on Monday and the dollar firmed at the start of a data-driven week, while the threat of U.S. tariff hikes made investors cautious in Europe.

S&P 500 futures  ES1! were up about 1.2% and Nasdaq 100 futures  NQ1! were 1% higher at 1218 GMT.

U.S. President Donald Trump’s administration is likely to exclude a set of sector-specific tariffs while applying reciprocal levies on April 2, according to media reports over the weekend that helped sentiment in early trading.

The pan-European STOXX 600  SXXP ticked down 0.1%, with most of the region’s indexes lower except for Germany’s  DAX, which rose 0.2% after data showed manufacturing output there increased for the first time in almost two years.

This week’s data releases include global purchasing managers’ surveys, the U.S. Federal Reserve’s preferred inflation reading, inflation data in Australia and Japan, a budget update in Britain, and major earnings in China.

[Dora]

Sold EURUSD on approach at 1.08600 and placed profit target at 1.07950 – got 1.07926. I wasn’t looking at it during the data !

[GVI Forex 2]

Not as important as ISM but stocks up, boind yiekds up, dollar up

Try Newsquawk for 7 Days Free

[Mtl JP]

1.0792 begs the qtn

how low

[Dvorak Prague]

Ah, started a bit late and after spread incresed to 2.9 pips chickened out 🙁

[Mtl JP]

only PMI maybe

[Belgrade Bobby]

EURUSD 4h

1.08600 held firmly

Now we should see tests of supports – 1.07950 target.

1.08300 resistance once again

[Belgrade Bobby]

DAX – ger30

Resistances: 22.950, 23.150 & 23.350

Supports: 22.800, 22.700 & 22.400

22.400 is in sight – as long as DAX holds above it, it will try to regain its Uptrend.

[Belgrade Bobby]

Important Data in about 50 min

Economic Data Calendar

[Mtl JP]

DLRx 103.75 … see how it deals with 104

[Author]

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