[GVI Forex 2]

Trading insights you may not find elsewwhere

Do you ever wonder what is behind market reactions to headline news?

[GVI Forex 2]

Trading Charts of the Week: XAUUSD and DAX

I am always on the lookout for patterns and what would extend them and what would end them. The longer the time frame the stronger the pattern, especially when there is a trend, which should give a clue for shorter-term traders what is the strong side of the marlet.

Both the DAX and XAUUSD have similar patterns, each has 5 up (green)( candles (6 for XAUUSD including Dec) and record highs since the start iof the year.

Watch the low/high for the coming week tk see if this pattern is broken, is broken, or takes a pause Iinside week).

XAUUSD Weekly Chart

 

GER30 Weekly Chart

[GVI Forex 2]

GER30 Weeklt Chart – Higher (5 green candle) each week this year

[Mtl JP]

Could not happen in the financial trading world . Or could it ?

Sony PlayStation Network outage enrages gamers around the world

ROME (AP) — A major outage of Sony’s PlayStation Network (PSN) on Saturday has left tens of thousands of gamers unable to access online services, stores and multimedia apps. …/.

[Rafe]

XAUUSD: I checked out gold and the targets are wayyyy out… I don’t wanna post them and cause wild global panic… There may be some corrections along the way but the trend on gold is simply just too strong…

2025 is a geopolitical year. Hence all I can say for now is hang on to your gold… It’s pretty likely that we can range at this level, which is a good opportunity to keep adding like as in a SIP…

However on a global long term outlook the targets are way wayyyy out and higher than the markets can imagine… And I just won’t say it simply out of concern that it might cause markets to go cowabunga.

And believe me when I say BTC is a mouse when compared to Gold, as Gold will surpass the wildest Bitcoin prediction with lot more room left for it to soar…. wayyy out like I say…

In the PF in the early years I had a discussion with BC and my call on gold was 5000 (from those early days) when gold was at USD$200, before that I called 1000+,… now 20 years later gold is closer to USD$3000, and in those days I was told that I was talking my book… lol…

[GVI Forex 2]

Insights you wont find elsewhere *click below)

Trading Tip of the week:
A Warning to All Traders: Your Stop May Not Be a Stop

 

[GVI Forex 2]

Newsquawk Week Ahead Highlights – 10-14th February 2025

Highlights include Fed Chair Powell Testimonies, US, China and Swiss CPI,

US RetailSales, UK GDP and NZ Inflation Forecasts

 

[Belgrade Bobby]

NIO Inc.

Nio is still in 3 weeks old sideways, but first signs of possible continuation of the Down trend are visible.

4.10 & 4.00 are levels to watch – if below will target 3.75 first and 3.60 ultimately later on.

[Belgrade Bobby]

DAX – GER 30

21.945 – new high – close enough to 22K and in my opinion Hero can get some rest now.

Supports : 21.500 & 21.250

I am not a guy to call for a change of trend – ever, until I get some charting facts to support such a claim, but I have to warn you once again – This might be the top and buying it now for some imagined coming Rally is not a way to go.

In the case DAX breaks 22K , it will have to stay above it – so enough time to get some action.

Otherwise you might end up buying a top….

[Belgrade Bobby]

Nvidia – NVDA

As I said yesterday, in spite of Morgan Stanley Bullish stance, 130 proved to be a tough cookie.

Nvidia got rejected, de facto ending day in small minus .

Now it has 124.00 level as a possible support and 118.35 as a plan B in case higher one gets taken out.

[GVI Forex 2]

Joint news press conference with Pres Trump and the Japanese PM pushed back by an hour.

[GVI Forex 2]

Headline roulette Friday… News algos in overdrive…Dollar pops up on these comments, including vs JPY

Source: Newsquawk.com

[GVI Forex 2]

Isn’t this where we started the week, reacting to Trunp’s tariffs?

Price action suggests the headline caught whoever is trading on a Friday flatfooted as the dollar was a touch softer when the headline hit. .
‘
Note JPY gertting the safe haven flowss along with the USD.

[GVI Forex 2]

I spoke too soon… here is your surprise headline… dollar pops, stocks fall,,, BUT no details

Source: Newsquawk.com

[GVI Forex 2]

Markets move on a Friday when there are stops to go after.

Barring a surprise headline, the ranges for the week are set with no key stops to go after. other than minor at int4a-day highs or low.s

[GVI Forex 2]

Univ of Mich consumer sentiment…
Headline miss on downside BUT inflation expectations rise…initial reaction is to the rise in inflation expectations.

[GVI Forex 2]

Big downwatd BLS benchmark revision not having much impact

Source: Newsquawk.com

[GVI Forex 2]

US 10 year yield 4.495%… 4.50% Could be tough

[Mtl JP]

on calendar deck

09:25 / bowman — on economy and bank regs

[Mtl JP]

GBP 1.2430 H 1.2493

some degenerate aggressive trader(s) took advantage to met out some serious pain to GBP entusiasts
now probably miserable

[Author]

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