[Mtl JP]

likely nega-effect on risk:
Incoming data components that suggest lower economic growth AND higher prices (i.e stagflation)

but not so clear on the direction of the dollar (which , if I judge President Trump’s inner wish, is for lower dollar )

[Mtl JP]

on deck today

PMI at 9:45, bostic and barr yak later in the day

[Mtl JP]

higher cost of borrowed money is incongruent with higher stocks. cheap(er) money is

[GVI Forex 2]

JP, risk on should see higher yields… how are they incongruent?

[GVI Forex 2]

US 10 year  back to 4.30% (vs 4.175% at one point last week)

[Mtl JP]

EURO 1.0833
I am biased: but so far short-term ambivalenet.

Res 1.0850 holding, break N of which would be necessary for push higher
Sup at 1.08, for now protecting a down-dump towords sub 1.0750

[Mtl JP]

US 10-YR 4.30% +0.048 and “risk” uP
are incongruent.
One is and will be wrong.

It is early in the week and two tug-of-war elements will likely tug:
early tariff re-clarifications as trump and team “clarify” things and
players turning focus on last week’s FED’s stagflation bable and asessing related incoming reports this week.

[GVI Forex 2]

US OPEN

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

US President Trump reportedly plans his tariff ‘Liberation Day’ with a more targeted push, according to Bloomberg over the weekend.

STOXX 600 began the week on a firmer footing before trimming opening gains after a mixed APAC handover; EZ Flash PMIs were mixed and largely highlighted trade uncertainty.

DXY is lower after some choppy price action in early European trade. The macro narrative for the US has kicked the week off with a focus on the trade agenda.

USTs are lower amid the encouraging risk environment on account of weekend reporting over the Trump tariff agenda.

Crude prices are choppy. Benchmarks were lacklustre overnight amid the subdued risk appetite in Asia before trending higher in European hours; Precious and base metals hold mild upward biases.

Try Newsquawk for 7 Days Free

T

[GVI Forex 2]

XAUUSD 4 HOUR CHART –  In limbo

Chart still showing a downside risk that needs to take out 3038 to break the momentum… but only above 3047 would put the record 3057 high in play again

On the other side, the quick bounce Friday from 3000 suggests consolidation unless this level is taken out.

Range: 2999/3013 – 3038/3047/3057

For those that missed it, the following came out Friday and may have been a trigger for the XAUUSD sell off.

Robert “Bo” Hines, executive director of the President’s Council of Advisers on Digital Assets, said that if the move to sell some of the gold in Fort Knox to buy Bitcoin remained budget-neutral, it could be considered.

 

 

[Topnine]

This is 10am Nigerian time and GOLD (XAU/USD) is at price 3028.97 and from my understanding of Price Action theory this is a set buy bias. Market is goung on a buy to around price range of 3032.69. It is going to be a slow climb up.

Market dropped to a low at price 3020.71 which is the lowest point it got to after market opeend early this morning. This buy (Bullish) movement might not continue for long. Let us take a few pips. A word is enough for the wise. Let’s use tight TP/SL and not risk more than 1-5% of our capital. A word is enough for the wise.

[GVI Forex 2]

Using my platform as a HEATMAP shows

… week starting out in a risk on mood after Trump’s reciprocal tariff comments… As I have noted, while markets may react to the latest headline actions speak louder than words (April 2 is the reciprocal tariff day).

… the dollar is trading weaker but off earlier lows… exception is USDJPY but remains below 150

EURUSD came close but paused below 1.0860… See What is the trend in Forex Majors for coming week

EZ composite PMIs mixed (manufacturung up a touch (but below 50), Services down a touch (but above 50)… S

[Jay USA]

THIS WEEK’S MARKET-MOVING EVENTS (all days local)

The week of March 24 brings a flood of critical economic indicators, with global flash PMIs offering early insight into how new U.S. tariffs on steel and aluminum are affecting European exporters. Germany, the EU’s top metals exporter, could see further pressure in its manufacturing readings. In the U.S., housing data may reflect a rebound from weather-related slowdowns, while regional Fed surveys and PCE inflation numbers provide updates on manufacturing health and price pressures. In Asia-Pacific, inflation figures from Australia and Japan will guide monetary policy, especially as core price trends remain under close scrutiny.

Econoday

[Topnine]

A good day, the focus is on USD/CAD, the Market opened at price 1.43574. it has gone on a steady decline ever since and is currently at price 1.43369. As a price action pro, i see cad going to reclaim its selling bias to the price range of 1.43223, at least before returning upwards.

Price has hit a rock bottom low at price 1.43247 and has started a slow upward movement. So we are expecting a few pips downwards to secure profits. Don’t get greedy. Setting a tight TP/SL is essential. A word is enough for the wise.

[GVI Forex 2]

Risk on start on this headline news

Try Newsquawk for 7 Days Free

[Mtl JP]

EURO 1.0830-ish suddenly
testing R and …. failing

[Mtl JP]

1:18 Bobby / Thank you for the Trend in Forex Majors write-ups

[Belgrade Bobby]

GBPUSD

Daily Supports: 1.28850, 1.28500 & 1.28050

Daily Resistances: 1.29300, 1.29700 & 1.30100

Weekly Supports: 1.28850, 1.28500, 1.27750 & 1.26600

Weekly Resistances: 1.30150, 1.30450 & 1.30800

Read more

[Belgrade Bobby]

EURUSD

Daily Supports: 1.07950, 1.07650 & 1.06300

Daily Resistances: 1.08300, 1.08600, 1.08900 & 1.09200

Weekly Supports: 1.07950, 1.07300 & 1.06650

Weekly Resistances: 1.09550, 1.10250 & 1.11700

Read more….

[GVI Forex 2]

Newsquawk Week Ahead: Highlights 24th-28th March 2025Newsquawk Week Ahead

Highlights include US PCE, Global PMIs, UK CPI and Spring
Statement, Australian & Tokyo CPI, BoJ SoO

[GVI Forex 2]

CHART OF THE WEEK – XAUUSD 4 HOUR CHART

TEXT WILL FOLLOW

[Author]

Posts