[GVI Forex]

PCE in line with forecasts.

Knee jerk a relief rally reaction but will see if it lasts as next few hours should see month end related flows.

[Anonymous]

GBPUSD

Into the down move.

Movement levels : 12625 12660 12692
_________________________________
12625 confirmed will be reached

[Mtl JP]

williams says (yesterday)
–
Reuters
Fed’s Williams sees more work needed to get inflation back to 2%

Bloomberg
Fed’s Williams Says Still ‘Ways to Go’ to Reach 2% Inflation

MarketWatch
Fed’s Williams said he’s ‘very focused’ on getting inflation back to target

Fed’s Williams: Inflation likely to reach 2% target in 2025

Rate-drop outlook: ‘We are not there yet,’ New York Fed president John C. Williams tells Long Island group

got that peasant ? now trade it
if you can ; if you dare

[GVI Forex]

US bond yields movin g up ahead of PCE inflation report

[GVI Forex]

USDJPY 30 Min Chart – Invisible hand 1, Market 0

Having failed to take out the invisible hand protecting 150.89 (double top at 159.84) left the market vulnerable to the BoJ yak on interest rate risk

So, far the move down paused above the 149.53 bottom of the range, leaving the focus on 150 to set the trading tone.

Expect more chop if it stays within 149.53 and 150.84/89)

[GVI Forex]

BTC Daily Chart – No need to comment other than perhaps a lower high today?

[Anonymous]

GBPUSD

Into down move.

Movement levels : 12625 12660 12692

Email me if you want to manage your account

 

[Mtl JP]

the other eye’s look at the president
the first was CNN’s, this one is WSJ’s
–
President’s Physical Gives Only Partial View of Commander in Chief’s Health
President Biden received a mostly clean assessment of his well-being, but so have many of his predecessors.

Biden’s Doctor Declares Him ‘Fit for Duty’

[Mtl JP]

What you need to know today

The bottom line

CNBC Daily Open: Markets brace for Fed’s key inflation gauge Sumathi Bala, cnbc

[Mtl JP]

blink first
–
* On the basis of market expectations, the first G10 central bank to cut rates will be the Swiss National Bank.

* A significant majority of analysts expect the Bank of Japan to end its eight-year stretch of negative interest rates in April, along with its yield curve control policy.

Wall Street takes bets on which major central bank will blink first – Elliot Smith, cnbc

[Belgrade Bobby]

Lots of data today , some really important – Economic Calendar

[Mtl JP]

USDJPY 149.74
being subjected to gravity

prev close 150.66

******************************

US inflation data on deck today

[Belgrade Bobby]

EURUSD

Supp – 1.08300

Res    – 1.08500

Good morning

[Anonymous]

[Anonymous]

EURUSD
movement levels: 10805, 10837, 10870, and 10910.
Still active

[GVI Forex]

A look at the day ahead in European and global markets from Kevin Buckland

European investors are due for a super-sized helping of inflation data, with a side of bitcoin, on a day when Asian equities offered few trading cues and currencies were stable – with the notable exception of the Japanese yen.

Morning Bid: Inflation in focus, bitcoin buoyant

[Forex Cycle]

EURUSD Analysis: Sideways Move Continues, Key Levels to Watch

The EURUSD pair failed to break below the 1.0789 support level and has been moving sideways within a trading range between 1.0789 and 1.0887. This suggests that the pair is still in the uptrend from 1.0694, and the sideways move is likely a consolidation phase for the uptrend.

As long as the 1.0789 support level holds, the upside move could be expected to resume. A breakthrough of the 1.0887 resistance level could trigger further upside movement towards the 1.0950 area.

On the downside, a breakdown below 1.0789 would confirm that the upside move from 1.0694 has already completed at 1.0887. In this case, the next target would be at 1.0750, followed by 1.0694.

[SF Monedge]

Good, trailing stop took care of the buy.  Now better levels materialize.

[Mtl JP]

yen players are squeezed by yaks from Boj on one side and Min of Finanace on the other

tanaka is a BoJ type i.e should be cool on rate hike

[SF Monedge]

Slightly positive data from Japan barely moved Yen.  Status quo.

[Author]

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