[Mtl JP]

EURO 1.0933 (hOd 1.0945ish)

lets see if NY players start to game trump’s earlier tarrif comments specifically aimed at the EU

never a dull moments when politics and politicians go wild

[GVI Forex]

Pauses below EURUSD 1.0950 and GBPUSD 1.3050, AUDUSD brief blip above .6750 and USDCAD pause above 1.3650 means it is time to revisit

My Favorite Trading Secret: The Power of the 50 Level

[Mtl JP]

GVI 10:36 / trump trade /
–
1) trump is only a presidential candidate sofar
2) his yakking about the dollar and powell is just that: yakking. no solution offered.

DLRx 103.39-ish is portending more downside for the dlr unless puppy regains 104

[GVI Forex]

XAUUSD DAILY CHART – ONLY 3 LEVELS MATTER

With gold setting record highs, l3 levels matter

2482 =- new high set todau

1400 = obvious major big figure target

2450 = breakout level, bid on dips while above it, below it would cool the fever a tocuh

[GVI Forex]

EURUSD WEEKLY CHART – 1.0981 on the radar?

Except for the opening year high at 1.1044, EURUSD has been in a tight 1.0600-1.0981 range.

So you can see why 1.0981 is important, exposed while above 1.0920 and also blocks 1.10.

Looking ahead, if 1.09, which has traded 5 days in a row,  does not trade tomorrow it would send a bullish sign.

Note the 2023 range was less than 10 big figs, the high being 1.1272

[GVI Forex]

What is the Truno Trade

Read my post July 17, 2024 at 5:39 am

[GVI Forex]

A look at the day ahead in U.S. and global markets from Mike Dolan

The dramatic switch to U.S. small cap stocks over the past week went into overdrive on Tuesday as interest rate cut and election fever combine, but world markets more broadly are getting nervy of the prospect of Donald Trump’s return to the White House.

In a series of interviews around this week’s Republican convention, Trump set out several of his policy priorities around tax cuts, tariff rises and foreign policy.

Morning Bid: Small caps soar in catch-up rotation, Trump jars Taiwan

[Mtl JP]

GOLD 2474 (2482 H)

it is amazing that metal can fly
almost like alchemistry, defying gravity law.
but degenerate traders do not care why

[GVI Forex]

GBPUSD WEEKLY CHART – 1.30 BREACHED

I had to go to a weekly chart to show the next key level at 1.3141.

In fact, this chart has not changed so it was easy to post the same levels I have been showing:

1,2893 break exposed 1.3141 as the next target.

Now, needs to hold above 1.30 to keep a strong bid targeting 1.3141, Below 1.30 would cool the risk.

Catalyst: UK CPI

[GVI Forex]

NAS100 DAILY – tech sell-off

NAS led by a tech sell-off as rortation into the Russell 2000 continues. As this chart shows, the trendline and 19460 are key levels on the downside.

20K is the obvious psycholigical level.

[GVI Forex]

USDJPY DAILY – INTERVENTION?

Signs point to intervention that now needs a break of 155.70 to put to rest thoguhts of the upside although 155 may be most important dictating whetjer there is more to go.

On the upside, trades offered while below 157.14 but in anyc ase, upside is limited as long as it stays below 158.

[Belgrade Bobby]

EURUSD 4h

Resistance at 1.09500 & 1.09800

Support at : 1.09200 & 1.09000

If 1.09500 holds, we are going back to lower part of the channel.

Break of 1.09500 leads straight to Important 1.09800 – that separates us from levels around 1.11

[GVI Forex]

Next up UK CPI

See our Economic Calendar

[GVI Forex]

July 17 (Reuters) – Rising expectations that former President Donald Trump will regain the White House in November are supercharging the so-called Trump trade, on views that his policies will lift corporate profits even while spurring worries about the country’s long-term fiscal health.

Investors ride the ‘Trump trade’ as expectations grow for a second term

[GVI Forex]

Donald Trump warns US Fed chair not to cut rates before the election

Ex-president says he would let Jay Powell finish term at central bank if he was ‘doing the right thing’…FT

[SF Monedge]

I will be out of the office tomorrow so just a quick note.  I do not see Sterling doing much over 1.300 and will be favoring the sell side, which is an addition to the sell side positions just established very lightly to start.  Since I am can be active in options, futures, or spot if I am making such notes it does not mean I am allocating to spot but just noting the price relation.  Enjoy

[GVI Forex]

Introduction to the Global-View Trading Club

[Mtl JP]

nikkei news:
“Weak Q2 growth and sluggish consumption put policymakers in hot seat”

policymakers in hot seat make me edgy.
what if they start to dump janet’s paper ?

[Mtl JP]

yield at 4.158%

BUT atm ccies are not corelatingly reacting
something s going on, what it is aint exactly clear

but I set my alert for if 4 or less is seen
not exact plan what I d do if anything if seen

tia for ideas

[GVI Forex]

BTC DAILY CHART – DOWNTREND => UPTREND

BREAK/CLOSE ABOVE 63824 CONFIRMS THE END OF THE DOWNTREND AND INTO AN UOPTREND.
‘
HOWEVER, TO PUT 70K AND THE RECORD HIGH LOOMING ABOVE IT, 65K WOULD NEED TO BECOME SOLID SUPPORT.

[Author]

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