🔔 MARKET UPDATE 🔔

🌍 Global markets began the week on a cautious note, reacting to escalating geopolitical tensions and significant movements in commodity prices, while Friday's U.S. jobs report continued to weigh on sentiment.

🇯🇵 USDJPY saw an increase in the past 24 hours, signaling broad U.S. Dollar strength.

🍫 Gold (XAUUSD) is currently priced at $5093.02 per ounce, following a 0.68% daily decline.

🛢 Brent Crude Oil skyrocketed to $116.59 per barrel, a dramatic 25.78% surge driven by intensifying Middle East tensions and production disruptions in the Strait of Hormuz.

🇺🇸 U.S. equity markets closed lower on Friday, with the S&P 500 (US500) ending the week down 2.0% amid weak employment data and rising oil prices.

🇨🇳 China announced a GDP growth target of 4.5-5% for 2026, alongside plans to optimize the inbound consumption environment by raising the duty-free allowance.

📉 The latest U.S. employment data revealed a loss of 92,000 jobs in February, pushing the unemployment rate to 4.4% and intensifying speculation about potential Federal Reserve policy softening.

🤖 A report from ECB labor economists indicated that businesses adopting Artificial Intelligence are approximately 4% more likely to increase their workforce, suggesting a positive impact of AI on employment in the Eurozone.

💸 U.S. bank stocks experienced a sharp decline last week, primarily due to a “bear steepening” of the yield curve, which fueled concerns over inflation expectations.

@BMNtrading

🗓 Economic Calendar for the Week

🟢 Wednesday, March 11th:
🇺🇸 USD - Core CPI m/m - 15:30 GMT+3
🇺🇸 USD - CPI m/m - 15:30 GMT+3
🇺🇸 USD - CPI y/y - 15:30 GMT+3

🟢 Thursday, March 12th:
🇺🇸 USD - Unemployment Claims - 15:30 GMT+3

🟢 Friday, March 13th:
🇬🇧 GBP - GDP m/m - 10:00 GMT+3
🇨🇦 CAD - Employment Change - 15:30 GMT+3
🇨🇦 CAD - Unemployment Rate - 15:30 GMT+3
🇺🇸 USD - Core PCE Price Index m/m - 15:30 GMT+3
🇺🇸 USD - Prelim GDP q/q - 15:30 GMT+3
🇺🇸 USD - JOLTS Job Openings - 17:00 GMT+3

💲 DXY Analysis

At the beginning of this week, the dollar broke out of its local sideways range and impulsively approached the 100 mark. Currently, the price is showing a slight pullback aimed at filling a partial FvG. However, the price is unable to stay below the support level, which indicates strong buying pressure.

⬆️ If the local high at 99.618 is updated, the dollar could show growth toward the 100.338 level.

⬇️ However, if the price fails to hold above the support level and returns to the sideways range, the decline may resume toward 98.855.

@BMNtrading

🥈 XAGUSD

The asset showed a decline and the price moved into a sideways range. At the moment, the price is near the upper boundary of this range.

⬆️ A long position should only be considered if the resistance level at 84.85 is broken.

⬇️ However, if the asset fails to break this resistance level, a short position should be considered instead. Look for an entry point on lower timeframes after a market structure break.

📌 Don’t forget about risk management!

🇯🇵 USDJPY

The asset is in a steady uptrend. The next movement will be determined by a breakout of one of the local lows.

⬆️ If the resistance level at 158.724 is broken, the rise may continue toward 159.394.

⬇️ However, if the support level at 158.27 is broken, a decline within the uptrend toward 157.684 is likely.

@BMNtrading

🔔 MARKET UPDATE 🔔

🇪🇺 EURUSD showed intraday gains but continues to face negative pressure from a dominant bearish trend.

🇬🇧 GBPUSD showed resilience, rising to 1.3435, up 0.01%, breaking above key resistance at 1.3400.

🍫 Gold prices climbed to $5,175.53 USD per troy ounce, up 0.70% today, despite a firmer US Dollar.

🛢 WTI Crude Oil plummeted to $90.11 USD per barrel, down 4.91%, as President Trump signaled a potential end to the Iran conflict and G7 considered strategic reserve releases.

📊 US S&P 500 Index closed up 0.83% at 6,795.99 on Monday, recovering from earlier losses driven by oil market volatility.

💻 NASDAQ Composite Index jumped 1.38% to 22,695.95 yesterday, as tech stocks rebounded amid eased inflation fears.

⚡️ Geopolitics escalated tensions around the Strait of Hormuz, prompting OPEC+ to slash crude output by an estimated 6.2-6.9 million barrels per day before prices retreated.

🏦 European Central Bank policymakers are signaling patience on interest rate adjustments, preferring to assess the lasting effects of energy-driven inflation despite market pressure for hikes.

🇨🇳 China's Consumer Price Index (CPI) rose 1.3% year-on-year in February, the highest in nearly three years, with exports surging 22% in January-February.

🇺🇸 The US labor market saw employment decline by 92,000 jobs in February, pushing the unemployment rate to 4.4%, reigniting stagflation concerns.

🍫 XAUUSD

Gold is currently moving sideways, with price oscillating from boundary to boundary. At the moment, the asset is in a local uptrend, and the price is testing the upper boundary of the range at the resistance level of 5195.

⬆️ If the asset manages to break the resistance level and hold above the sideways range, there is a high probability of growth toward 5290.

📌 Pay close attention to the market structure and always follow proper risk management!

@BMNtrading

🇯🇵 USDJPY Start of a correction?

Yesterday, the buying momentum did not develop, and the price moved down toward the lower boundary of the ascending channel. Currently, the asset is testing the lower boundary of the channel at 157.684.

⬇️ If the 157.684 support level is broken and the price exits the channel, a decline toward 157.030 is likely.

📌 Always wait for confirmation!

@BMNtrading

❗️ THE POWER OF TIMEFRAMES

Each timeframe shows a different market picture. What looks like a breakout on M5 could be just a wick on H1, or a liquidity trap on D1.

Lower Timeframes (M1 – M15)
🟢 All stop hunts, liquidity grabs, and market-maker traps start here.
🟢 Price moves fast and messy — spreads widen during news, wicks trigger tight stops.
🟢 Institutions use these charts to engineer precise entries and sweep retail orders.

📌 Best for news scalping (NFP, CPI), sniper entries after higher timeframe setups, and managing trade exits. M1/M5 are execution charts, not planning charts.

Mid Timeframes (M30 – H4)
🟠 The market control room — where intraday trends are born.
🟠 Asian ranges, London fakeouts, and NY continuations are clearest here.
🟠 Levels on these timeframes are respected by both retail and institutional traders.

📌 Ideal for swing trades, building daily setups, and spotting genuine break-and-retest zones. H1/H4 closes filter out noise: if a breakout holds on H1, it’s real; if it fails before the candle closes, it’s a trap.

Higher Timeframes (D1 – W1 – MN)
🟠 The macro lens — where big funds, banks, and algorithms plan major moves.
🟠 A D1 or W1 level break can shift entire market cycles.
🟠 These zones form months-long supply and demand areas that retail traders often ignore at their peril.

📌Best use is defining bias, mapping institutional zones, and holding positions through market noise. One D1 candle = 288 M5 candles. Never make decisions based on those 288 candles without understanding what the “parent candle” is doing.

1. Start from the top down — mark W1/D1 zones, then zoom into H1/M15 for entries.
2. When 3 timeframes agree (trend, structure, entry) — you’ve found an A+ setup.
3. Don’t let M1 noise shake you out of a D1 trade — the market is bigger than one candle.

@BMNtrading

🔔 MARKET UPDATE 🔔

🇺🇸 Markets are anticipating the U.S. February Core CPI data release later today, which could fuel expectations for sustained Federal Reserve hawkishness.

🇪🇺 European Central Bank President Christine Lagarde reiterated caution, emphasizing the need for more conclusive economic data before considering any shifts in monetary policy.

🇨🇳 China's February Manufacturing PMI came in at 49.0, indicating a contraction in the manufacturing sector due to seasonal factors, rather than an expansion as previously simulated.

🇩🇪 German Industrial Production for January declined by 0.5% month-over-month, falling short of market expectations and indicating persistent challenges for the Eurozone's largest economy.

💱 EURUSD traded at 1.1622, showing a 0.06% rise from the previous session.

🇯🇵 USDJPY strengthened to 158.2330, up 0.11% from the previous session.

🍫 Gold increased to $5201.56 per ounce, reflecting some safe-haven interest amid market volatility.

🇺🇸 US500 (S&P 500) closed down 0.2% at 6781.48 points on Tuesday, while US100 (NASDAQ) closed down 1.15% at 21648 points on Tuesday.

🗓 CALENDAR FOR TODAY
🟠 🇺🇸 USD - Core CPI m/m - 15:30 GMT+3
🟠 🇺🇸 USD - CPI m/m - 15:30 GMT+3
🟠 🇺🇸 USD - CPI y/y - 15:30 GMT+3

@BMNtrading

🇬🇧 GBPUSD

The asset is in a descending channel. Price moves from boundary to boundary and is currently near the upper boundary, testing the resistance level at 1.3463.

⬆️ If the resistance level is broken and the price exits the channel upwards, a trend reversal is likely, with potential growth toward 1.3573.

📌 Today is CPI day — be careful with your positions!

❗️US CPI RESULTS ❗️

🇺🇸 Core CPI m/m:
🟢 Actual — 0.2%
🟠 Expected — 0.2%
🟠 Previous — 0.3%

🇺🇸 CPI m/m:
🟢 Actual — 0.3%
🟠 Expected — 0.3%
🟠 Previous — 0.2%

🇺🇸 CPI y/y:
🟢 Actual — 2.4%
🟠 Expected — 2.4%
🟠 Previous — 2.4%

🔔 MARKET UPDATE 🔔

🇪🇺 EURUSD fell to 1.1542, declining 0.22% as the U.S. Dollar gained strength.

🇯🇵 USDJPY fell to 156.27, down 0.45%, reflecting Yen strength against the Dollar.

🍫 Gold spot prices retreated to $5,159 per ounce, down 0.39%, as fresh U.S. inflation data tempered hopes for Federal Reserve rate cuts and boosted the dollar.

🛢 Brent Crude surged to $100.50 per barrel, jumping 9.3% after new attacks on oil tankers in the Strait of Hormuz intensified supply disruption fears, overshadowing the IEA's emergency reserve release.

📉 The US500 (S&P 500) declined 0.08% to 6776 points amidst broader market apprehension.

📊 U.S. February Consumer Price Index (CPI) rose 0.3% month-over-month and 2.4% year-over-year, largely in line with market forecasts.

🏦 Central bank expectations are turning more hawkish, with surging oil prices and persistent inflation risks leading traders to anticipate earlier monetary policy tightening.

🇨🇳 China's February Manufacturing PMI registered 49, marking a second consecutive month of contraction, primarily attributed to the Lunar New Year holiday impact.

🇨🇳 China's February Producer Price Index (PPI) decline narrowed to 0.9% year-on-year, outperforming expectations and indicating easing deflationary pressures in industrial product prices.

🗓 CALENDAR FOR TODAY
🟠 🇺🇸 USD - Unemployment Claims - 15:30 GMT+3

XAGUSD

The asset has started updating its local highs, but the price is still within a "symmetrical triangle" pattern. The price is approaching the upper boundary of the pattern, and a breakout to the upside would increase the probability of further growth.

⬆️ If the level 88.2859 is broken, with the price exiting the triangle and updating the local high, the asset is most likely to rise towards 92.3314.

@BMNtrading

🇨🇦 USDCAD

Globally, the asset is still moving within a descending channel. The price managed to hold the 1.3553 support level and is now testing the 1.3604 resistance level.

⬆️ If the resistance level is broken, further growth towards 1.3677 is likely, with the aim of testing the upper boundary of the channel.

@BMNtrading

Overconfidence after a series of profitable trades is one of a trader’s biggest enemies.

After several winning trades, it feels like the market is “understood” and the strategy works flawlessly. At this point, many start increasing trade sizes, ignoring risk management, and entering the market without proper analysis. This is when mistakes most often happen.

The market doesn’t punish for profits — it punishes for a loss of discipline. A few successful trades in a row don’t guarantee that the next ones will be the same. Trading is a long-term game where results come from a systematic approach, not emotions.

Overconfidence leads to:
🟠 taking higher risk per trade
🟠 entering the market without confirmation
🟠 opening more trades than the strategy allows
🟠 ignoring stop-losses

One or a few wrong trades can easily wipe out the gains from previous wins.

Checklist. How to Avoid the Overconfidence Trap
1️⃣ Keep your risk consistent — don’t increase it after a winning streak.
2️⃣ Follow your trading plan even after successful trades.
3️⃣ Don’t take trades just because you feel “the market is on your side today.”
4️⃣ Take breaks after a winning streak to keep a clear head.

Remember: every trade is independent, past results don’t guarantee future outcomes.

Discipline in trading is more important than any streak of wins. It’s what allows you to preserve and grow results over the long term.