5 Things to Know β April 30, 2026
π Asian markets slipped today as investors reacted to rising oil prices, mixed tech earnings, and a cautious policy outlook. The pullback came after a period of strong gains, suggesting some consolidation in markets. This indicates sentiment is turning more cautious as investors balance tech strength with macro risks.
π Samsung reported a sharp increase in Q1 profit, rising more than eightfold on strong demand for AI-related memory chips. The results reflect continued strength in the semiconductor sector driven by AI growth. This suggests the sector remains a key driver, though markets may watch how sustainable this momentum is.
π Meta shares dropped more than 6% after-hours following an increase in capital expenditure guidance. The update reflects rising costs tied to AI and infrastructure investments. This suggests investors may stay cautious around higher spending, even as long-term growth remains in focus.
π Alphabet shares moved higher after reporting strong earnings, supported by solid growth in its cloud business. The results highlight continued strength in AI-linked and digital services segments. This suggests major tech firms are still delivering growth, though markets may monitor consistency going forward.
πͺ Bitcoin dropped below the $76,000 level as traders turned more cautious ahead of key decisions. The move came after failing to hold recent gains and losing short-term momentum. This suggests prices may remain under pressure, with direction depending on upcoming catalysts.
π Asian markets slipped today as investors reacted to rising oil prices, mixed tech earnings, and a cautious policy outlook. The pullback came after a period of strong gains, suggesting some consolidation in markets. This indicates sentiment is turning more cautious as investors balance tech strength with macro risks.
π Samsung reported a sharp increase in Q1 profit, rising more than eightfold on strong demand for AI-related memory chips. The results reflect continued strength in the semiconductor sector driven by AI growth. This suggests the sector remains a key driver, though markets may watch how sustainable this momentum is.
π Meta shares dropped more than 6% after-hours following an increase in capital expenditure guidance. The update reflects rising costs tied to AI and infrastructure investments. This suggests investors may stay cautious around higher spending, even as long-term growth remains in focus.
π Alphabet shares moved higher after reporting strong earnings, supported by solid growth in its cloud business. The results highlight continued strength in AI-linked and digital services segments. This suggests major tech firms are still delivering growth, though markets may monitor consistency going forward.
πͺ Bitcoin dropped below the $76,000 level as traders turned more cautious ahead of key decisions. The move came after failing to hold recent gains and losing short-term momentum. This suggests prices may remain under pressure, with direction depending on upcoming catalysts.
π Click here to access the daily technical report, featuring technical analysis of approximately 20 financial instruments, including currencies, major stock indices, commodities, and metals!
π¨ Big Day for US Markets! πΊπΈ
Two major data points today will dictate the Fed's next move and market direction:
1οΈβ£ US GDP (Q1)
Checking if the economy is shaking off last year's slowdown. High growth = Hawkish Fed.
2οΈβ£ PCE Inflation (March)
The Fed's favorite gauge. Expecting a yearly rise but a slight monthly dip.
π Key Scenarios:
π’ Scenario A: (Bullish USD π΅ | Bearish Gold/Stocks π)
Data: High Growth + High Inflation.
Outlook: Rates stay "higher for longer."
π΄ Scenario B: (Bearish USD π | Bullish Gold/Stocks π)
Data: Slowing Growth + Cooling Inflation.
Outlook: Rate cut hopes return for the rest of 2026.
β οΈ Reminder: Expect high volatility. Manage your risk and tighten those stops! π‘οΈ
Two major data points today will dictate the Fed's next move and market direction:
1οΈβ£ US GDP (Q1)
Checking if the economy is shaking off last year's slowdown. High growth = Hawkish Fed.
2οΈβ£ PCE Inflation (March)
The Fed's favorite gauge. Expecting a yearly rise but a slight monthly dip.
π Key Scenarios:
π’ Scenario A: (Bullish USD π΅ | Bearish Gold/Stocks π)
Data: High Growth + High Inflation.
Outlook: Rates stay "higher for longer."
π΄ Scenario B: (Bearish USD π | Bullish Gold/Stocks π)
Data: Slowing Growth + Cooling Inflation.
Outlook: Rate cut hopes return for the rest of 2026.
β οΈ Reminder: Expect high volatility. Manage your risk and tighten those stops! π‘οΈ
EUR/USD Intraday: towards 1.1640.
Pivot: 1.1690
Our preference: short positions below 1.1690 with targets at 1.1640 & 1.1620 in extension.
Alternative scenario: above 1.1690 look for further upside with 1.1705 & 1.1720 as targets.
Comment: as long as 1.1690 is resistance, likely decline to 1.1640.
Supports and resistances:
1.1720
1.1705
1.1690
1.1659 Last
1.1640
1.1620
1.1600
https://charts.tradingcentral.com/charts/74_20260430070421.gif
Pivot: 1.1690
Our preference: short positions below 1.1690 with targets at 1.1640 & 1.1620 in extension.
Alternative scenario: above 1.1690 look for further upside with 1.1705 & 1.1720 as targets.
Comment: as long as 1.1690 is resistance, likely decline to 1.1640.
Supports and resistances:
1.1720
1.1705
1.1690
1.1659 Last
1.1640
1.1620
1.1600
https://charts.tradingcentral.com/charts/74_20260430070421.gif
Gold Intraday: capped by a negative trend line.
Pivot: 4580
Our preference: short positions below 4580 with targets at 4540 & 4510 in extension.
Alternative scenario: above 4580 look for further upside with 4610 & 4635 as targets.
Comment: as long as 4580 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
4635
4610
4580
4569 Last
4540
4510
4480
https://charts.tradingcentral.com/charts/169_20260430084108.gif
Pivot: 4580
Our preference: short positions below 4580 with targets at 4540 & 4510 in extension.
Alternative scenario: above 4580 look for further upside with 4610 & 4635 as targets.
Comment: as long as 4580 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
4635
4610
4580
4569 Last
4540
4510
4480
https://charts.tradingcentral.com/charts/169_20260430084108.gif
Crude Oil (WTI) (M6) Intraday: bullish bias above 107.10.
Pivot: 107.10
Our preference: long positions above 107.10 with targets at 110.90 & 112.50 in extension.
Alternative scenario: below 107.10 look for further downside with 105.20 & 102.80 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
114.00
112.50
110.90
108.67 Last
107.10
105.20
102.80
https://charts.tradingcentral.com/charts/174_20260430084524.gif
Pivot: 107.10
Our preference: long positions above 107.10 with targets at 110.90 & 112.50 in extension.
Alternative scenario: below 107.10 look for further downside with 105.20 & 102.80 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
114.00
112.50
110.90
108.67 Last
107.10
105.20
102.80
https://charts.tradingcentral.com/charts/174_20260430084524.gif
EUR/USD Intraday: rebound.
Pivot: 1.1670
Our preference: long positions above 1.1670 with targets at 1.1705 & 1.1720 in extension.
Alternative scenario: below 1.1670 look for further downside with 1.1655 & 1.1640 as targets.
Comment: the RSI calls for a rebound.
Supports and resistances:
1.1735
1.1720
1.1705
1.1690 Last
1.1670
1.1655
1.1640
https://charts.tradingcentral.com/charts/74_20260430114548.gif
Pivot: 1.1670
Our preference: long positions above 1.1670 with targets at 1.1705 & 1.1720 in extension.
Alternative scenario: below 1.1670 look for further downside with 1.1655 & 1.1640 as targets.
Comment: the RSI calls for a rebound.
Supports and resistances:
1.1735
1.1720
1.1705
1.1690 Last
1.1670
1.1655
1.1640
https://charts.tradingcentral.com/charts/74_20260430114548.gif
Crude Oil (WTI) (M6) Intraday: turning down.
Pivot: 108.80
Our preference: short positions below 108.80 with targets at 105.20 & 102.80 in extension.
Alternative scenario: above 108.80 look for further upside with 110.90 & 112.50 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
112.50
110.90
108.80
107.01 Last
105.20
102.80
100.40
https://charts.tradingcentral.com/charts/174_20260430120401.gif
Pivot: 108.80
Our preference: short positions below 108.80 with targets at 105.20 & 102.80 in extension.
Alternative scenario: above 108.80 look for further upside with 110.90 & 112.50 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
112.50
110.90
108.80
107.01 Last
105.20
102.80
100.40
https://charts.tradingcentral.com/charts/174_20260430120401.gif
Gold Intraday: continuation of the rebound.
Pivot: 4578
Our preference: long positions above 4578 with targets at 4635 & 4665 in extension.
Alternative scenario: below 4578 look for further downside with 4540 & 4510 as targets.
Comment: the break above the resistance at 4578 triggered an upward acceleration to 4635.
Supports and resistances:
4695
4665
4635
4620 Last
4578
4540
4510
https://charts.tradingcentral.com/charts/169_20260430120402.gif
Pivot: 4578
Our preference: long positions above 4578 with targets at 4635 & 4665 in extension.
Alternative scenario: below 4578 look for further downside with 4540 & 4510 as targets.
Comment: the break above the resistance at 4578 triggered an upward acceleration to 4635.
Supports and resistances:
4695
4665
4635
4620 Last
4578
4540
4510
https://charts.tradingcentral.com/charts/169_20260430120402.gif
EUR/USD Intraday: continuation of the rebound.
Pivot: 1.1685
Our preference: long positions above 1.1685 with targets at 1.1720 & 1.1735 in extension.
Alternative scenario: below 1.1685 look for further downside with 1.1670 & 1.1655 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
1.1755
1.1735
1.1720
1.1709 Last
1.1685
1.1670
1.1655
https://charts.tradingcentral.com/charts/74_20260430131800.gif
Pivot: 1.1685
Our preference: long positions above 1.1685 with targets at 1.1720 & 1.1735 in extension.
Alternative scenario: below 1.1685 look for further downside with 1.1670 & 1.1655 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
1.1755
1.1735
1.1720
1.1709 Last
1.1685
1.1670
1.1655
https://charts.tradingcentral.com/charts/74_20260430131800.gif
GBP β Official Bank Rate
The Bank of England held the Official Bank Rate at 3.75%, in line with the forecast of 3.75% and unchanged from the previous reading of 3.75%. This suggests that policymakers chose to maintain current interest rate levels, reflecting a wait-and-see approach.
Holding rates steady may indicate that the central bank is monitoring inflation and economic conditions before making further adjustments.
Since the actual reading came in in line with the forecast, the result may have a limited impact on the British pound, as the decision was widely expected by markets.
The Bank of England held the Official Bank Rate at 3.75%, in line with the forecast of 3.75% and unchanged from the previous reading of 3.75%. This suggests that policymakers chose to maintain current interest rate levels, reflecting a wait-and-see approach.
Holding rates steady may indicate that the central bank is monitoring inflation and economic conditions before making further adjustments.
Since the actual reading came in in line with the forecast, the result may have a limited impact on the British pound, as the decision was widely expected by markets.
Gold Intraday: further advance.
Pivot: 4606
Our preference: long positions above 4606 with targets at 4665 & 4695 in extension.
Alternative scenario: below 4606 look for further downside with 4580 & 4540 as targets.
Comment: the break above 4606 is a positive signal that has opened a path to 4665.
Supports and resistances:
4708
4695
4665
4636 Last
4606
4580
4540
https://charts.tradingcentral.com/charts/169_20260430133500.gif
Pivot: 4606
Our preference: long positions above 4606 with targets at 4665 & 4695 in extension.
Alternative scenario: below 4606 look for further downside with 4580 & 4540 as targets.
Comment: the break above 4606 is a positive signal that has opened a path to 4665.
Supports and resistances:
4708
4695
4665
4636 Last
4606
4580
4540
https://charts.tradingcentral.com/charts/169_20260430133500.gif
Crude Oil (WTI) (M6) Intraday: the downside prevails.
Pivot: 107.20
Our preference: short positions below 107.20 with targets at 102.80 & 100.40 in extension.
Alternative scenario: above 107.20 look for further upside with 108.80 & 110.90 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
110.90
108.80
107.20
104.07 Last
102.80
100.40
98.60
https://charts.tradingcentral.com/charts/174_20260430140214.gif
Pivot: 107.20
Our preference: short positions below 107.20 with targets at 102.80 & 100.40 in extension.
Alternative scenario: above 107.20 look for further upside with 108.80 & 110.90 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
110.90
108.80
107.20
104.07 Last
102.80
100.40
98.60
https://charts.tradingcentral.com/charts/174_20260430140214.gif
EUR/USD intraday : the upside prevails as long as 1.1705 is support
Our pivot point is at 1.1705.
Our preference: the upside prevails as long as 1.1705 is support
Alternative scenario: below 1.1705, expect 1.1681 and 1.1667.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1695 and 1.1684).
Supports and resistances:
1.1806 **
1.1792 *
1.1778 **
1.1764
1.1727 last
1.1714
1.1705 **
1.1681 *
1.1667 **
https://charts.tradingcentral.com/charts/74_20260430154519.gif
Our pivot point is at 1.1705.
Our preference: the upside prevails as long as 1.1705 is support
Alternative scenario: below 1.1705, expect 1.1681 and 1.1667.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1695 and 1.1684).
Supports and resistances:
1.1806 **
1.1792 *
1.1778 **
1.1764
1.1727 last
1.1714
1.1705 **
1.1681 *
1.1667 **
https://charts.tradingcentral.com/charts/74_20260430154519.gif
Gold Intraday: intraday support around 4606.
Pivot: 4606
Our preference: long positions above 4606 with targets at 4665 & 4695 in extension.
Alternative scenario: below 4606 look for further downside with 4580 & 4540 as targets.
Comment: a support base at 4606 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
4708
4695
4665
4615 Last
4606
4580
4540
https://charts.tradingcentral.com/charts/169_20260430174642.gif
Pivot: 4606
Our preference: long positions above 4606 with targets at 4665 & 4695 in extension.
Alternative scenario: below 4606 look for further downside with 4580 & 4540 as targets.
Comment: a support base at 4606 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
4708
4695
4665
4615 Last
4606
4580
4540
https://charts.tradingcentral.com/charts/169_20260430174642.gif
Crude Oil (WTI) (M6) Intraday: choppy.
Pivot: 107.20
Our preference: short positions below 107.20 with targets at 102.80 & 100.40 in extension.
Alternative scenario: above 107.20 look for further upside with 108.80 & 110.90 as targets.
Comment: a break below 102.80 would trigger a drop towards 100.40.
Supports and resistances:
110.90
108.80
107.20
104.37 Last
102.80
100.40
98.60
https://charts.tradingcentral.com/charts/174_20260430174643.gif
Pivot: 107.20
Our preference: short positions below 107.20 with targets at 102.80 & 100.40 in extension.
Alternative scenario: above 107.20 look for further upside with 108.80 & 110.90 as targets.
Comment: a break below 102.80 would trigger a drop towards 100.40.
Supports and resistances:
110.90
108.80
107.20
104.37 Last
102.80
100.40
98.60
https://charts.tradingcentral.com/charts/174_20260430174643.gif
SanDisk(SNDK)
EPS:
Actual: $ 23.41
Forecast: $ 14.66
Revenue:
Actual: $5.95 B
Forecast: $4.73 B
EPS:
Actual: $ 23.41
Forecast: $ 14.66
Revenue:
Actual: $5.95 B
Forecast: $4.73 B
Apple Inc (AAPL)
EPS:
Actual: $2.01
Forecast: $1.93
Revenue:
Actual: $111.20 B
Forecast: $108.92 B
EPS:
Actual: $2.01
Forecast: $1.93
Revenue:
Actual: $111.20 B
Forecast: $108.92 B