Stocks, Oil and war

Monica Kingsley Monicakingsley

S&P 500 retracing overnight selloff after Israeli surprise and success till real, heavy Iranian response – such was Friday‘s session. Sellers at the opening bell were overpowered, and 5,970s stood till the close – so what action do I see unfolding in terms of risk taking in stocks and USD, what picture does oil with gold paint?

Note I didn‘t call for silver to have a great day Friday – BTC is a bit tracking risk sentiment as seen in various ratios related to Nasdaq, and real assets overall provide guarded picture heading into the next week.

Focusing on charts and further Mideast developments, that‘s what I cover at length in the most extensive weekend video lasting almost 40min – make sure to review the clues and direct predictions not only as regards the USD targets, interest rates, sectors perspectives of upcoming S&P 500 moves (the internals), and of course actual developments on the ground the way I see them unfold, events that would drive safe haven pumps and dumps.

This goes beyond gold, oil, USD or yields – get ready for turbulence and the necessity to update supports and resistances as next week progresses. Short-dated Treasuries sure command the bid ever since the Liberation Day.

Author

Monica Kingsley

Monicakingsley

Monica Kingsley is a trader and financial analyst serving countless investors and traders since Feb 2020.

EUR/USD hovers around nine-day EMA above 1.1800

EUR/USD remains in the positive territory after registering modest gains in the previous session, trading around 1.1820 during the Asian hours on Monday. The 14-day Relative Strength Index momentum indicator at 54 is edging higher, signaling improving momentum. RSI near mid-50s keeps momentum balanced. A sustained push above 60 would firm bullish control.

GBP/USD holds medium-term bullish bias above 1.3600

The GBP/USD pair trades on a softer note around 1.3605 during the early European session on Monday. Growing expectation of the Bank of England’s interest-rate cut weighs on the Pound Sterling against the Greenback.

Gold eyes acceptance above $5,000, kicking off a big week

Gold is consolidating the latest uptick at around the $5,000 mark, with buyers gathering pace for a sustained uptrend as a critical week kicks off. All eyes remain on the delayed Nonfarm Payrolls and Consumer Price Index data from the United States due on Wednesday and Friday, respectively.

Top Crypto Gainers: Aster, Decred, and Kaspa rise as selling pressure wanes

Altcoins such as Aster, Decred, and Kaspa are leading the broader cryptocurrency market recovery over the last 24 hours, as Bitcoin holds above $70,000 on Monday, up from the $60,000 dip on Thursday.

Weekly column: Saturn-Neptune and the end of the Dollar’s 15-year bull cycle

Tariffs are not only inflationary for a nation but also risk undermining the trust and credibility that go hand in hand with the responsibility of being the leading nation in the free world and controlling the world’s reserve currency.

Bitcoin, Ethereum and Ripple consolidate after massive sell-off

Bitcoin, Ethereum, and Ripple prices consolidated on Monday after correcting by nearly 9%, 8%, and 10% in the previous week, respectively. BTC is hovering around $70,000, while ETH and XRP are facing rejection at key levels. Traders should be cautious: despite recent stabilization, upside recovery for these top three cryptocurrencies is capped as the broader trend remains bearish.