[Topnine]

It seems to be a buy bias for the xau/usd (GOLD) pair. as it has conssistently climbed upwards since whenever. I just looked at the monthly chart of the Gold and I discovered that it has actually been climbing since 1996. This is an upward move of almost 30 years.

The market opened overnight at 2785 and immediately went on a sell. Hours later it retraced and went long from the lowest point at 2772. It has consistently gone long from then till now at 2814. My analysis is that it will still pull up to the price area of 2818 at least. This has to be because of the strong buy candle on the 15′ chart ,further confirmed on the 30′ these 2 are strong to determine what happens on the hourly chart.

We are gonna be in for a long buy bias on the Metal Gold this week. Gold might buy all the wat with little retracements.
REMEBER THIS IS NFP WEEK. Tread carefully, do not overtrade. A little 2-5% of your capital is good risk Management.

Thanks,
TOPNINE.

[GVI Forex 2]

Just out…Trump on Canada… USDCAD pops up and then back down

Source: Newsquawk.com

[GVI Forex 2]

The focus in the US is on tariffs impqct 0n inflation and fallout in stocks.

So keep n eye on stocks when there is a reaction in FX to a headline.

[GVI Forex 2]

USDMXN 15 MIN CHART – HEADLINE ROULETTE

This was the cimment that triggered the brief drop in USDMXN

Source: Newsquawk.com

[GVI Forex 2]

I warned about watching the headlines

Comments from While House Economic Council director Hassett indicated the tariffs may not be as black or white as Trump comments indicated.

All that matters ia what Trumop says but Hassett remarks has seen USD back off a bit.

[GVI Forex 2]

NEWSQUAWK US OPEN

USD surges and stocks dip after post-Trump actions; RTY underperforms

Good morning USA traders, hope your day is off to a great start! Here are the top 5 things you need to know for today’s market.

5 Things You Need to Know

Trump signed a tariff order that confirms 25% tariffs on Mexico and Canada (with the exception of 10% on Canadian energy products) and 10% additional tariffs on top of existing levies for China.

Canada has announced retaliatory action, Mexico is expected to announce its measures later today, China is to challenge tariffs at the WTO.

European bourses sink as markets react to Trump tariffs and threatens the EU; RTY underperforms.

USD surges and Bonds gain post-Trump tariff actions, JPY bolstered by safe-haven appeal, EUR/USD sits on a 1.02 handle.

Crude firmer, precious metals subdued, but base metals slip on tariffs and Chinese PMI miss.

Try Newsquawk for 7 Days Free

[Mtl JP]

GVI 10:23 / and when they stop bending as you say and start to not just rebel but try to counter-bite donald just might double down. folks , here in canada, and especially of the libtard and trump hater types (cnn adherents) still do not appreciate how things will turn from gentle goading to an all-out war.

there d be a load of profit opps if canada starts to see job losses in excess of half a million and go towards a million +

[Edikan Matthew]

Here is my screenshot for the previous trading week

[Edikan Matthew]

[GVI Forex 2]

USDCAD LOW 1.4665 VS 1.4661 SUPPORT… LAST AT 1,4700

[Alex Lugano]

USDJPY 1 hour

1 hour chart, we can see that we have a minor upward trendline defining the current bullish momentum. The buyers will likely continue to lean on the trendline to push into new highs, while the sellers will want to see the price breaking lower to start targeting new lows. The red lines define the average daily range for today.

[GVI Forex 2]

LONDON (Reuters) – A look at the day ahead in U.S. and global markets by Alun John, EMEA breaking news correspondent, finance and markets.

Investors fled from stocks and rushed to dollars in Monday trading in Europe and Asia, as they scrambled to process the consequences of President Donald Trump putting larger-than-expected tariffs on top U.S. trading partners.

Markets unnerved by ‘Tariff Man’

[Topnine]

Welcome to Febryary Traders, we all saw the loop (big leap) in the markets across all currency pairs. Market is gonna be very volatile this week, remember it’s Non Farm Payroll (NFP) week. This is 12noon and all currencies are moving in different directions but USD/CAD catches my eye.

This currency closed last weelk at 1.4555, and opened very high this week, there is a big jump on the chart to price 1.4702, from where it climbed (bullish trend) to an all high price of 1.4792 before its sudden decline to price 1.4666. I see a further decline (sell) in price, which is to cover the gap it created. Again from my price action knowledge, the last 2 hourly candles that closed on the CAD pairs are sell candles, signalling a further decline in price.

I see price falling to the price area of 1.4555 at least. Today is Monday and we should take things very slow. Market is just returning from a break and it is not yet at full capacity so don’t over Leverage your Account. Risking 2-5% of your Account is ideal to secure your capital.

Thanks,
TOPNINE.

[Alex Lugano]

Trump tariffs trigger stocks slump, dollar rise on trade war fears

Key points:

·         European futures drop as Canada, Mexico retaliate

·         Trump slaps 25% tariffs on Canada, Mexico; 10% on China

·         US dollar hits record high vs yuan

·         Mexican peso, Canadian dollar tumble

·         Hang Seng drops flat after holiday, mainland markets shut

 

[Idris Sagamu]

thanks bobby

im now using inducement and order block to solve the issuses for now ,thanks for your teaching sir

[ST London]

EurJpy

We could be looking for 146 yep that’s not a typo

[GVI Forex 2]

USDCAD MONTHLY CHART – 5 YEAR HIGH

Backing off from the opening gap that set a 5 year high at 1.4793

Initial support is at the former 1.4661 5 year high (broken today) through last week’s 1.4595.high

The all-time USDCAD high is around 1.62 set in 2002.

Watch for headlines today, especially after Trudeau speaks with Trump.

[Belgrade Bobby]

Hi Idris,

This one you need Jay to answer to you – my approach is very different ,and even we both come to similar results most of the time I wouldn’t recommend combining them without proper study.

[Belgrade Bobby]

EURUSD Daily

Jay’s sixth sense on Gaps materialised once again – over 100 pips down…

JP’s and mine wet dreams on future of EUR coming through as well…so what else one would want 😀

Support – 1.01800 – I was talking about that one for weeks, and probably seemed silly…so now you got silly…

Resistances : 1.02700, 1.03250 & 1.03550

[GVI Forex 2]

As long as Trump gets countries to vend to his will he will continue with this tactic

Latest:

Panama will not renew Belt snd Road agreement with China … note Trump complained about growing Chins influence over the Canal

[Author]

Posts