US 10Y TREASURY: emerging inflation? Another end of the week brought not so positive news to the markets, so some higher volatility was evident. The Michigan Consumer Sentiment came as a surprise, with increased inflation expectations from US consumers. Data showed that the sentiment for this year inflation has increased to 5,0%, while a five year sentiment is at the level of 4,1%. These figures strongly impacted US equity markets, the price of gold while the 10Y US Treasury benchmark yields dropped to the level of 4,25%, from 4,4% where they were traded on Thursday.
Friday's move was the strong one, in which sense, we could expect that the market will use the start of the week ahead to digest data. There is a high possibility that yields will revert a bit, at least to test the 4,3% level for one more time. However, it should be considered that uncertainty on markets caused by trade tariffs and inflation expectations are high at the moment, which will continue to be main drivers of market sentiment in the future period. For the week ahead, the NFP and unemployment data are set for a release, in which sense, volatility will most certainly continue.
Fundamental Analysis
Gold: supported by uncertaintyThe price of gold reached the new all time highest level on Friday, at the level of $3.084. As uncertainty regarding trade tariffs and other geopolitical risks strongly holds on financial markets, the investors continue to invest into a safe-haven asset. But it also means that as long as this uncertainty is high, the price of gold might reach even higher levels in the future period. During the previous week the PCE data for March were posted as well as increased inflation expectations of US consumers, through Michigan Consumer Sentiment Index. The US equities sharply dropped on the news, while the price of gold continued its strong uptrend.
The RSI tried to start a path toward the downside, however, the indicator turned for one more time toward a clear overbought market side, by reaching the level of 73 on Friday. The MA50 continues to diverge from MA200, without any indication that the cross might come anytime soon.
The long term trend line, started from highs in April and October 2024 is on the test now. The price of gold perfectly collides with the historical highs, and now is at the level which will either be broken, or the price of gold will continue to follow this long term trend line. In case that the price continues with the higher grounds, then it will enter into uncharted territory. If the price reverts, then the first short term stop might be around $3.010. The week ahead will show which direction the price of gold has chosen.
SPX: tariffs combined with inflationInflation expectations are on the rise again in the US. As markets are closely watching developments with trade tariffs, in combination with increasing inflation, the sentiment ended the week in a red zone. During the week, the S&P 500 was struggling to sustain a bit of positive sentiment, however, Friday's trading session brought back significant sell off of stocks. The week started at 5.780, but it ended at 5.580, losing 1,97% on Friday. In the last six weeks, the index spent five weeks in negative territory.
Tech companies were the ones that dragged the rest of the market to the downside. META and Amazon were down by 4,3%, Apple dropped by 2,66%, Tesla lost 3,51% in value. Trade tariffs are still a cloud which brings high uncertainty to the market. News reported that both Canada and the European Union are considering reciprocal measures as a response to the imposed US tariffs. The US Administration announced last week potential 25% tariffs on all car imports to the US. As long as this kind of trade war is in the open space, it could not be expected that the market would consolidate and stabilize. In this sense, further high volatility might be expected. In the week ahead, the NFP and unemployment data for March will be posted, so this would be a day to watch.
EURUSD: NFP and jobs data aheadAnother Friday was in the spotlight of market participants, as PCE data for February were set for a release. The PCE price Index was up by 0,3% for the month and 2,5% on a yearly basis. Core PCE remains elevated at the level of 0,4% for February and 2,8% compared to the previous year. The US GDP Growth Rate final for Q4 was standing at 2,4% for the quarter, a bit higher from market consensus of 2,3%. The Durable Goods orders surged by 0,9% in February, significantly surpassing market estimate of -1,2%. The CB Consumer Confidence in March was at the level of 92,9, a bit lower from forecasted 94,4. The New Home Sales were higher in February by 1,8% on a monthly basis, which was higher from estimated 0,5% for February. Pending Home Sales were higher by 2% in February, bringing the indicator to the level of -3,6% on a yearly basis. The S&P Global Composite PMI flash for March was standing at 53,5, bit higher from forecasted 51,5. The weekend brought data for the Michigan Consumer Sentiment Index final for March, reaching the level of 57,0, below the previous post of 64,0, but in line with market estimates. The highest surprise came from inflation expectations for this year, which reached the level of 5%, from 4,3% posted previously. The five year inflation expectations were also higher, standing at the level of 4,1%, from 3,5% posted previously.
The HCOB Manufacturing PMI flash for March in Germany was standing at 48,3 a bit higher from market consensus of 47. The same indicator for the Euro Zone was at the level of 48,7, again slightly higher from market estimate of 48,2. The Ifo Business climate in March in Germany was at the level of 86,7, in line with market expectations. The GfK Consumer Confidence in Germany in April was at the level of -24,5, higher from market estimate of -23. The Unemployment rate in Germany in March was increased to the level of 6,3% from previous 6,2%.
During the first half of the week, the market favoured the US Dollar. However, the post of Michigan Consumer Sentiment data final for March and significantly increased inflation expectations from US consumers, were the trigger for the weakening of the USD. The currency pair started the previous week at the level of 1,850, moved toward the lowest weekly level at 1,0740, and then reverted back, ending the week at 1,0827. It was sort of a weekly rollercoaster caused by market high sensitivity to inflation data. The RSI modestly reached the level of 54, but there is still no indication that the market is eyeing the oversold market side at this moment. The MA50 continues to strongly converge toward the MA200, decreasing the distance between two lines. There is some indication of a potential cross in the coming period, but it might occur within the next several weeks.
The eurusd tested for one more time the significant level of 1,08, where it is ending the week. Considering high market uncertainty related to both trade tariffs and inflation expectations, some volatility might continue at the start of the week ahead around this level. For one more week, the week-end should be especially closely watched, as NFP data are set for a release, as well as unemployment data for March. In this sense, the volatility is again guaranteed during the week ahead. Based on current charts, there is some probability for the currency pair to head toward the 1,10, next resistance line. In case that the market heads toward the downside, then 1,07 might be shortly a target.
Important news to watch during the week ahead are:
EUR: Retail sales in February in Germany, preliminary Inflation rate in Germany in March, Inflation rate flash for March in the EuroZone,
USD: ISM Manufacturing PMI for March, JOTLs Jobs Opening in February, ISM Services PMI in March, Non-farm Payrolls in March, Unemployment rate in March, Fed Chair Powell speech.
Bitcoin: tariffs and inflationFor one more week investors were not happy with developments over trade tariffs and inflation expectations. The US equity markets finished the week in red, and BTC was just following the general sentiment. During the first half of the week, BTC was trying to reach higher grounds, above the $ 88K, however, the new stories regarding tariffs and especially Friday's University of Michigan inflation expectation sentiment of US consumers, brought another sell-off day. The BTC ended the week at the level of $82,4K.
The RSI tried to breach the 50 level in order to start a path toward the overbought market side, however, the indicator ended the week at the level of 44. At this moment, it is questionable whether the market is eyeing the oversold market side for one more time. It is more likely that the investors are uncertain which side to trade. Significant developments are also with MA50 and MA200 lines, which are converging toward each other for some time now, pointing to a probability of a cross within a few weeks from now. This time, it will be a so-called dead cross, implying a BTCs potential for further decrease in value.
Current charts are showing a potential for BTC to move toward both sides during the week ahead. On an upside, there is some probability for the levels above $85K, but not higher from $86K. On the opposite side, the support line at $80K might easily be the first stop of BTC in the week ahead. However, this is not a long term significant level, so in case that $80K is reached, the BTC will not spend too much time testing it. It should be considered that NFP and unemployment data for the US will be posted, so volatility will most probably continue also in the week ahead.
MARKETS week ahead: March 31 – April 6Last week in the news
Trade tariffs and inflation were the most watched words during the previous week, which shaped the market sentiment. Although US equities tried to express some shy positivity, the University of Michigan consumer Sentiment on inflation expectations put a shadow on a positive sentiment. The US equity market was traded sharply to downside on Friday, where the S&P 500 lost 1,97% in value, ending the week at the level of 5.580. On the opposite side was the price of gold, which reached the fresh, new all time highest level at $3.080. The 10Y US Treasury benchmark yields also reacted strongly to increased inflation expectations, dropping on Friday to the level of 4,25%. The crypto market followed the general negative sentiment, where BTC ended the week modestly above the $82K.
The US macro data published during the previous week, strongly impacted market sentiment. The PCE for February showed further modest increase in inflation, as the index reached 0,3% for the month and 2,5% on a yearly basis. Core PCE continues to be elevated, with an increase of 0,4% in February and +2,8% compared to the previous year. However, the highest surprise came from the University of Michigan Consumer Sentiment, final for March, where inflation expectations for this year were elevated to the level of 5,0%, a jump from previous 4,3%. At the same time, there has been an increase in inflation expectations for the next five years, which reached the level of 4,1% from previous 3,5%. The increased inflation expectations in line with news regarding trade tariffs put the negative sentiment among investors, where the US equity markets dropped sharply during Friday's trading session, as well as US Treasury yields.
Another tech company above the $ 1B valuation is free for trading on the NASDAQ from the previous week. The company in question is CoreWawe, under ticker CRWV. The company is a seller of artificial intelligence in the cloud, and is a supplier of OpenAI. CoreWave is better known as one of the companies with the highest initial public offering of $1,5B. The achieved price at the first trading day on Friday was $40 per share.
Analysts from Bank of America noted on Friday that, in their opinion, the equities in the US are still very expensive. The exact wording that was used is that the market “remains statistically expensive on almost every measure we track”. However, they acknowledged the recent correction, but remain cautious on the policy uncertainty.
As news is reporting, Grayscale, the US based investment fund, filed with SEC for the approval for their first spot Avalanche exchange traded fund to be listed on NASDAQ. Grayscale for some time is managing the Avalanche Trust, which carries 2,5% yearly fee. If approved, the ETF will provide for a wider range of investors exposure toward AVAX token.
Crypto market cap
CRYPTO MARKET
Markets were not happy with increased inflation expectations, while further rhetoric regarding new trade tariffs from the US Administration and other world governments are not providing any sort of confidence to investors. Market reacted in a negative manner during the previous week, dragging the crypto market toward the downside. Total crypto market capitalization was decreased by additional 3% or total $72B on a weekly basis. Daily trading volumes were modestly increased to the level of $132B on a daily basis, from $92B traded a week before. Total crypto market increase from the beginning of this year, currently stands at -18%, with $592B outflow of funds.
General negative market sentiment pulled the crypto market toward the downside, but not all altcoins ended the week in red. BTC had the highest decrease in market cap of $28B, decreased its value by 1,7% w/w. ETH lost $16B in value or 6,8%. Other major coins ended the week in a negative territory. XRP had a weekly drop in value of 10,7%, with a loss of FWB:15B in market cap. BNB was down by 3,1%, market favourite Solana decreased its value by 2,5%, while ADA dropped by 4,5%. Few coins finished the week with a positive weekly result. ZCash managed to add to its value almost 18%, Maker ended the week higher by 8,5%.
With respect to coins in circulation, some of the highest weekly gains were marked with stablecoin Tether, with an increase in the number of coins by 0,5%. Solana`s coins in circulation were higher by 0,3%, while Polkadot increased the number of coins on the market by 0,6% w/w.
Crypto futures market
The crypto futures market was also in a negative mood during the previous week. Although BTC lost around 1,7% in value on a weekly basis, its futures decreased much less, around 0,5% for all maturities. Still, for the last three weeks, BTC long term futures fell below the $100K level but are still holding above the $90K. Futures maturing in December this year closed the week at $88.500, which was a drop of around 1% w/w, while futures maturing in December 2026 were last traded at $97.570 or 0,44% lower w/w.
ETH futures had a higher drop on a weekly basis, of more than 5%. In this sense, futures maturing in December 2025 achieved the last price at $1.983, and those maturing in December 2026 ended the week at $2.133.
Next Era trade ideaA company dedicated to clean energy, focusing on solar and wind. With a large market cap and operating throughout Canada and the US, this company has proven itself being able to be profitable and grow. It looks like price has found support at the trend line and its possible we can get a second leg up.
Silver Price Analysis – Key Support and Resistance LevelsSilver on a 1-hour timeframe. The analysis highlights key market structures:
Downtrend Channel: Initially, the price was in a downward-sloping channel (green-highlighted area).
Breakout and Uptrend: The price broke out of the bearish channel, forming an uptrend.
Resistance and Support Levels:
The resistance trendline (black) acted as a price ceiling where sellers emerged.
The support level (blue) helped buyers regain control, leading to price continuation.
Current Setup:
The price is consolidating around the 34.1120 level after testing the 34.5000 mark.
A potential bullish breakout or retracement towards support could be expected.
This analysis is useful for traders looking to identify trend reversals, breakout opportunities, or support and resistance confirmations.
Note: This is not a trading signal, just my personal analysis based on current market trends.
GOLD → Correction after a false breakout. A reversal?FX:XAUUSD is forming a false break of the channel resistance within the rally, we should wait for a correction, but not for a trend reversal. Let's see what we can expect from the price in the short and medium term.
Gold is reacting to market turmoil over Trump's tariff plans. Investors are looking for protection ahead of the possible imposition of new duties from April 2, boosting demand for the metal
Fears of a trade war and a slowing global economy are supporting gold despite positive US GDP data. PCE data and tariff updates will be key catalysts for further movement. Higher inflation could dampen the rally, while weak data will reinforce bets on a Fed rate cut, helping gold to rally further.
The energy to continue the move is gone, so I am waiting for a correction to the imbalance zone or to 0.7 Fibo to accumulate potential. The price may consolidate in the zone of 3050 - 3075 before it continues its growth
Resistance levels: 3075, 3085, 3095
Support levels: 3059, 3055
The correction after a strong rally can be quite deep. The imbalance zone 3066 - 3063 and liquidity zone 3057 play an important role. False breakdown of support may resume growth.
Regards R. Linda!
Gold Price Consolidation: Potential Rejection or Breakout?This 15-minute chart of Gold Spot (XAU/USD) from ICMarkets shows price consolidating within a well-defined range. The resistance zone around 3,084 is acting as a ceiling, while the support zone near 3,070 is providing a floor. The price is currently testing the upper boundary, with a possible rejection leading to a drop back towards the support zone. However, a breakout above resistance could trigger further bullish momentum. Traders should watch for confirmation signals before entering trades.
Note: This is not a trading signal, just my personal analysis based on current market trends.
<69k = doom
My thought process included drawing two trend lines that I had originated from an originally inverted scale
>69k no doom but...
by the time this enclosing triangle gets smaller, we will have more clarity re. trump tariffs
or as his former trade rep said: something something "bulk of tariff actions still lie
ahead"
___
+
"Everyone needs to buckle up, because the President is just getting started and what lies ahead will likely be even more unpredictable than during his first term."
Fundamental Market Analysis for March 31, 2025 EURUSDEvent to pay attention to today:
15:00 EET. EUR - Consumer Price Index
EURUSD:
The EUR/USD pair is attracting some buyers after falling in the Asian session to the 1.08000 area and hopes to consolidate the rebound from the multi-week low reached last Thursday. However, this rise lacks bullish confidence, and spot prices are currently trading around 1.0835, unchanged for the day.
The US Dollar (USD) continues to face selling pressure for the third consecutive day, as investors assess the potential for stagflation in the US. This has exerted downward pressure on the EUR/USD exchange rate. Dollar bulls have not been impressed by signs of rising inflation, which could deter the Federal Reserve (Fed) from resuming its rate-cutting cycle in June. The US Personal Consumption Expenditure (PCE) price index, released on Friday, showed that the core measure (which excludes volatile food and energy prices) rose by 0.4% in February, marking the largest monthly gain since January 2024 and pushing the annual rate to 2.8%.
Additionally, a survey conducted by the University of Michigan revealed that 12-month inflation expectations increased in March to the highest level in almost 2-1.5 years. This was despite a 0.4% rise in consumer spending in February, following a downwardly revised 0.3% decline in January. This comes amid uncertainty surrounding US President Donald Trump's trade policies, which should allow the Fed to adopt a 'wait-and-see' approach to further monetary easing. However, these forecasts are not expected to significantly bolster the US Dollar, nor do they exert downward pressure on the EUR/USD exchange rate.
Conversely, the shared currency appears to be benefiting from a reduction in concerns regarding a trade war between the EU and the US. The European Commission has announced that it has prepared concessions for the US to avoid Trump's so-called retaliatory tariffs, which he will announce on Wednesday. Nevertheless, the prevailing risk-off mood may provide some support to the safe-haven dollar and limit gains in EUR/USD. Traders are anticipating the release of preliminary German consumer inflation data, which is expected to provide a boost. The fundamental backdrop remains supportive of the pair's prospects for further growth.
Trading recommendation: BUY 1.08500, SL 1.07650, TP 1.09550
3.31 Gold officially breaks through 3100In the early Asian session on Monday (March 31), spot gold once again saw a surge in prices shortly after the opening. The most active gold futures contract in New York was traded in one minute from 10:22 to 10:23 Beijing time on March 31, with 890 lots traded, and the total value of the trading contracts was US$279 million. Affected by Trump's latest tariff news, spot gold maintained the current bull market trend. The gold price broke through the US$3,000 mark and broke through US$3,100 only half a month after breaking through the US$3,000 mark. As of 10:39 Beijing time, it was reported at US$3,105.23 per ounce.
Gold technical analysis: Gold closed higher with a big positive line last week, and after consolidating at a high level, it increased strongly and closed at a high level. The weekly K-line is still strong, with a big bald positive line. There will be further continuation this week. However, the monthly line closed today. After the volume is released, we must also be careful of the wash of the high and fall. The daily chart has continued to rise and set a new high. The Asian session is a slow consolidation and then a slow new high. The consolidation is not the high, and the volume is the top. At present, there is further rise in the short term. Gold was stimulated by risk aversion over the weekend. It opened high and fell back on Monday. However, gold fell back under pressure at 3100 in the short term. We must pay attention to adjustments. Then gold is just adjusting. Wait patiently for it to fall back before going long. The technical side of gold shows a strong upward trend. US$3070 has become a new short-term support level. The current upward momentum is sufficient and there is momentum for further rise. The influence of gold bulls on the current trend of gold has reached the highest level in history, but the trading scale and heat have not reached the most crowded range in history. There is still room for funds to further increase positions, which provides support for gold prices.
3.31 Gold Operation Strategy Reference:
Short Order Strategy:
Strategy 1: When gold rebounds around 3100-3103, short (buy short) in batches with 20% of the position, stop loss at 3110, target around 3085-3075, and look at 3070 if it breaks; (Strategy is time-sensitive, more real-time layout strategies are announced in the channel.)
Long Order Strategy:
Strategy 2: When gold pulls back around 3070-3073, long (buy long) in batches with 20% of the position, stop loss at 3060, target around 3085-3095, and look at 3105 if it breaks; (Strategy is time-sensitive, more real-time layout strategies are announced in the channel.)
NZDUSD Long✅ NZD/USD Long Setup
Entry: 0.5520
Stop Loss (SL): 0.5375 (below historical multi-decade support and spike lows — gives room for volatility)
Take Profits (TPs):
TP1: 0.6000 (psychological + historical S/R level)
TP2: 0.6200 (structural supply level)
TP3: 0.6400 (historical resistance zone + cycle high area)
Daily Analysis- XAUUSD (Monday, 31st March 2024)Bias: Bullish
USD News(Red Folder):
-None
Analysis:
-Strong bullish closure on daily
-Looking for continuation to the upside after 4hr structure retest
-Potential BUY if there's confirmation on lower timeframe
-Pivot point: 3060
Disclaimer:
This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
Tesla’s Value Proposition: Navigating Noise Toward Long-Term UpsTesla retains significant intrinsic value despite recent volatility. The post-election rally, driven by FOMO (fear of missing out), reflected emotional momentum rather than solid fundamentals. Currently, the stock sits in a robust technical demand zone, supported by key chart levels. Yet, uncertainty lingers among investors, fueled by two primary risks: Elon Musk’s foray into politics and its potential impact on Tesla’s strategy, alongside physical attacks on its vehicles as a social backlash against his persona.
My market experience suggests time aligns price with fundamentals, and Tesla won’t be an exception. Let me expand: Musk, in tandem with Donald Trump, appears to champion an economic and social revitalization agenda in the U.S.—a critical lens for analysis. Global geopolitical tensions remain high, boosting safe-haven assets like gold while pressuring cyclical sectors like automotive. Add to this the U.S. power transition amplifying uncertainty, and Musk’s politicization exposing Tesla to unprecedented scrutiny and polarization.
Still, the long-term outlook shines brighter. If Musk and Trump’s policies deliver tangible economic and consumer benefits—and there’s reasonable ground to believe they might—sentiment toward Tesla could turn bullish. A more confident consumer base, paired with easing geopolitical strains, would act as a catalyst for revaluation. Then there’s Musk’s unique edge: a track record as a disruptive innovator. Breakthroughs in electric mobility, AI, or new business verticals could outpace market expectations and solidify Tesla’s dominance.
In short, while the near term is clouded by noise and risks, Tesla’s fundamentals and Musk’s vision signal substantial upside for strategic investors. Tracking the macro environment and the company’s operational resilience will be key.
#TeslaAnalysis #MarketInsights #ElonMusk #Investing #StockMarket #Geopolitics #Innovation #BullishCase #TradingStrategy
Update about my previous warning about a crash of the SPX500📉 SPX500 Major Correction: Scenario 1 or 2?
In my previous analysis, I explained a scenario that could mimic the 2022 crash (Scenario 1):
🔗
However, the price action dropped much faster than in 2022, accelerating the correction.
Now, on the daily timeframe, we already have a bullish MACD crossover, signaling a potential bullish trend for several days:
🔗
Could This Invalidate the Bearish Trend?
✅ Yes, absolutely.
In June 2023 (Scenario 2), a similar situation occurred:
A bearish MACD reset was interrupted mid-course by a violent dump
This triggered a strong rebound, breaking through resistance levels
There are now strong signs that Scenario 2 might play out again.
What Does This Mean for Crypto & TradFi?
📈 If this bullish reversal holds, it could sync Crypto & TradFi, with both gaining bullish momentum on the weekly timeframe, peaking around May 2025.
Two Possible Outcomes:
1️⃣ Scenario 1 – The reversal collapses, and the correction continues 📉
2️⃣ Scenario 2 – The reversal holds, leading to a rally 📈
Let’s monitor this closely to see which scenario unfolds.
🔍 DYOR!
#SPX500 #StockMarket #Crypto #Trading #BullishReversal #BearishTrend #MACD #MarketAnalysis #Investing