[SF Monedge]

Not entertaining the thought of the sell side in UsdChf unless it nears 9050 or so today

[SF Monedge]

Price behavior is suggesting to me that GbpUsd selling abates heading into the 2660/40 area for the day.

[Mtl JP]

Twiddling thumbs.
Food for thought for young, retail investors By Quentin Fottrell:
–
“Welch’s findings are an illustration that, while not every investor is rational, the collective wisdom of the crowd is often superior. Keep that in mind the next time you hear a Wall Street guru insist that small investors who frequent platforms such as Robinhood HOOD, -0.81% don’t know what they’re talking about. There’s a distinct possibility that, as a group, those small investors are doing better than the guru.” — marketwatch Mark Hulbert

[SF Monedge]

Do not see 10yr yield holding above 43.85 today.

[SF Monedge]

Not enthused by it but am very lightly entertaining the buy side of EurChf near 9800 to see if the selling is overdone.

[GVI Forex 2]

XAUUSD dips back below 2347. My key support remains at 2336.

[GVI Forex 2]

NAS100 4 HOUR CHART – RISK OFF

Stocks are down today and NAS100 is no exception.

As I noted, CFD, price feeds can vary between brokers even with the same symbols and with different symbols as well (NAS00 vs NDX100)

Look at your chart and line up the key line I highlighted on the downside as key support.

[GVI Forex 2]

Stocks dip, risk-off , fx following

[SF Monedge]

Buy side of Aud on dips is solid to me today as well as gold.

[Mtl JP]

“We forecast a 0.29% rise in headline CPI, reflecting higher energy (+0.7%) and food (+0.2%) prices. Our forecasts would lower the year-on-year rates to 3.70% for the core and 3.37% for the headline,” Goldman Sachs note

[Mtl JP]

One has to be thinking that there are players gunning for EURUSD 1.07

gaming upcoming CPI and ECB

[Belgrade Bobby]

EURUSD

So we have met with that downtrend line….

4h and Daily

 

[GVI Forex 2]

EURUSD 4 HOUR CHART – 1.0876

This chart shows why 1.0876 is the key level

[GVI Forex 2]

EURUSD (1.0880)

1.0876 WAS THE BREAKOUT LEVEL SO THE ONE THAT NEEDS TO HOLD TO KEEP A STRONG BID.

[GVI Forex 2]

THIS IS THE QUESTION BEING ASKED AS XAUUSD (GOLD) CONTINUES ITS RELENTLESS CLIMB TO NEW HIGHS. SEE WHAT MIGHT COME NEXT IN THIS EXCLUSIVE BLOG ARTICLE

Just today Gold has hit it’s new record high of All Times – 2365.34 $ per Ounce.

In the past year, it has surged roughly 16%, and just in the past month 5.6%

Is the Gold rally going to stop, and when ?

[GVI Forex 2]

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

As Wall Street nervously awaits the March consumer price inflation report, the commodity complex – buoyed by an improving global growth outlook – adds another complication to the interest rate picture.

Morning Bid: Commodity prices irk inflation view

[Mtl JP]

opinion as a forecast …
–
“We forecast a 0.29% rise in headline CPI, reflecting higher energy (+0.7%) and food (+0.2%) prices. Our forecasts would lower the year-on-year rates to 3.70% for the core and 3.37% for the headline,” Goldman Sachs

[GVI Forex 2]

USDCAD 4 HOUR CHART – BACK IN 1.35-1.36

As I have noted several times, moves outside 1.35-1.36 have lacked follow-through.
‘
This has been the case once again as USDCAD has followed the generally weaker USD after the reaction to a stringer US jobs report did not follow through.

As the chart shows, the key focus is on 1.3550, which is not only the midpoint of 1.35-1.36 but also a powerful sentiment indicator,’

[Mtl JP]

US 10-YR 4.39% -0.034 | 5:37:16 AM EDT
–

dimon’s letter not exactly kind to janet

[Mtl JP]

gaming time considerations
–
msm is priming canadian dollar players for june cut
rtrs: Fed rate cut expectations for 2024 fall to lowest since October

[Author]

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