[SF Monedge]

Getting short NokJpy around .9800

[Mtl JP]

USDCAD 1.3573
–
IMO low odds of BoC cutting on the 10th and niaahh about june cut.

Res 1.36
Sup 1.3520 – ish zone

[Mtl JP]

on deck:
–
12:00 – Williams
12:05 – Mester

13:30 – Daly

[Mtl JP]

EURO 1.0765
–
In light of 1.0725 basing, currently puppy would need to break out N of 75/80 to show some more strength
S 1.0695

I am ambivalent, just jabbing and stabbing opportunistically here.

[SF Monedge]

Took what I could from yesterdays buy in AudCad.  Will buy again if it dips further again.

[Mtl JP]

EURO 1.0765
–
ECB on Thursday with its policy decision.
Odds are HIGH that lagarde and her gang will NOT do anything.
May not as high as this weeks odds but odds of a pre-June cut are also high.

gaming ECB is like a kitten playing with a teenage mouse (ie not a life/death situation)

[Mtl JP]

GVI 10:22 re GAP
–
EURO 1.0774 = GAP Poof !

I not like. I LOVE ! gaps plays
hope you kitching-ed

[SF Monedge]

I like the sell side of Eur approaching 0800 here and + a bit 78/89

[GVI Forex 2]

BTC 4 HOUR CHART – DOES B STAND FOR BUBBLE? IT IS TOO SOON TO SAY THAT.

As I have been saying it is hard to trust technical levels to be exact *(although they are clear on this chart) so I prefer to look at 60000-65000-70000

Currently, it is testing sub-65000 but would need to decisively break below 60000 to suggest air is really leaking from a bubble.

[GVI Forex 2]

EURGBP 1 HOUR CHART

If you are looking for the source behind the EURUSD bounce look at this one-hour chart (EURUSD up while GBPUSD lagged).

SO far EURGBP is hesitating just below .8570-80

[GVI Forex 2]

Next economic data focus is on JOLTS job openings in about an hour

See our economic calendar

US 10-year tested 4.40% (last 4.389%)

[GVI Forex 2]

US 10 year almost up to 4.40% (4.399%)

Stocks feeling the heat, BTC down, Gold is holding up, and waiting for FX to wake up.

[Swiss Frank]

JP re CHF (thanks for asking) I think in the short term against the usd it’s closer to the end than the beginning, as in 9150-9250 should see it run out of gas to some degree. Longer term (months) I have no problem with seeing it back to 1.0000 ish.

I see a smoother path forward for a weaker CHF against the crosses.

The thing that may potentially slow its weakness is some are saying we should be enetering a period of high volatility over the next 1-2 months which maybe could see some safe haven flows into the CHF.

I’m not a huge fan of posting trades after the fact (I’ve been outside busy lately) but last week I switched out of short chf positions and am currently only short eur/usd. Reason being thinking being closer to the end than the beginning (short term) maybe its a prudent risk reward move…. Maybe…

[GVI Forex 2]

US yields ticking higher

[Mtl JP]

on deck today
–
10:00 – U.S. manufacturing, shipments and orders

10:00 – Job Openings and Labor Turnover Survey (JOLTS) for February

12:00 – Williams in moderated discussion at Economic Club of New York

12:05 – Mester speaks to Cleveland Association for Business Economics and Team NEO Luncheon

1:30 – Daly in Southern Nevada Fireside Chat

[Belgrade Bobby]

USDJPY Monthly

This is NOT a Bitcoin, Nvidia or Gold…this is Yen (not Sparta definitely 😀

Mind you, all time High of Modern times is at 160.360

It is becoming kind of hilarious….a Small correction is like 1000 pips lower, and a decent one…well…how about 2.500 pips .

Trading it on anything bigger than half an hour chart takes some Cojones 😀

[Mtl JP]

WSJ – TOP NEWS & ALERTS
–
Inflation Victory Is Proving Elusive, Challenging Central Banks and Markets
Fed’s Favored Inflation Gauge Rose to 2.5% in February
Bank of Japan Tankan Survey Shows Mixed Results Amid Rate-Hike Speculation

about the only one thing I reasonably sure about is BoJ’s rate hike: not going to happen anytime soon (i.e few months at least)

[Belgrade Bobby]

EURUSD Monthly

Let’s talk BIG….1.06000 / 1.06100 is all we need to look at

[Belgrade Bobby]

BTCUSD – Daily

Interesting…Silly shows some nice patterns and behaves with the trend lines…who would think….

[Mtl JP]

GVI 10:20 the next posipis will come from correctly assessing and betting on fading or not of rate cut optimism

[Author]

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