Nvidia earnings month end flows

Frank Walbaum FX Strategies.Asia

Important news this week

Thu, 14:30 CET US Unemployment claims.

Nvidia

Yesterday’s earnings data from Nvidia offered another positive surprise for market participants as the results of Q4- 2025 were beating estimates again. The outlook also for the first quarter this year remains positive, whereas the positive data did not help the stock price much. Instead the market remains in a sideways pattern as traders remain reluctant to buy the company at the current price. In general the market migt still push higher today and could test the USD 200.00 price level. The positive move might also help indices in general. The Nasdaq technology index is still lagging behind other indices like the S&P 500 as headwinds might still increase.

Market talk

Markets remain in a sideways pattern, as the Dollar still does not offer any clear direction. The JPY also remains without clear direction against other currencies. Traders might focus on data from Canada tomorrow as the CAD continues to remain strong against other currencies. Metals remain sideways as well and in particular Gold might show some profit taking towards the end of the month. Markets might face some reversals as trades close their books before the weekend. On a positive note the crypto market might see positive momentum and could move higher for now.

Tendencies in the markets

Equities positive, USD stronger, crypto sideways, oil weaker, Silver positive, Gold positive.

Author

Frank Walbaum

FX Strategies.Asia

Frank has been working in the TV business for several years. Acquiring his skills in Germany’s biggest broadcasting station, he then chose to work and live in Asia, which was in 2007.

EUR/USD looks weak below 1.1800

EUR/USD has slipped back under pressure, breaking through the 1.1800 support and drifting towards the weekly lows near 1.1770 ahead of the opening bell in Asia. The move reflects renewed strength in the US Dollar, with steady geopolitical tensions keeping its demand firm. Moving forward, the release of the German labour market report and flash inflation figures should keep European investors entertained on Friday.

GBP/USD threatens the 200-day SMA near 1.3440

GBP/USD rapidly leaves behind Wednesday’s strong advance, coming under heavy pressure and retesting the 1.3440 zone, where the critical 200-day SMA is located. Cable’s deep pullback follows the strong gains in the Greenback, while investors continue to pencil in a potential BoE rate cut in March.

Gold trims gains, slips back to around $5,170

Gold is now facing some downside pressure, hovering around the $5,170 region on Thursday. The yellow metal surrenders part of its earlier gains on the back of the resurgence of the buying interest in the Greenback. In the meantime, geopolitical tensions in the Middle East continue to limit the downside potential for now.