USA Weekly Stocks Report 21-04-2025

EUR/USD Intraday: the upside prevails.
Pivot: 1.1485

Our preference: long positions above 1.1485 with targets at 1.1560 & 1.1600 in extension.

Alternative scenario: below 1.1485 look for further downside with 1.1450 & 1.1420 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:
1.1630
1.1600
1.1560
1.1516 Last
1.1485
1.1450
1.1420

https://charts.tradingcentral.com/charts/74_20250421131018.gif

Crude Oil (WTI) (M5) Intraday: under pressure.
Pivot: 63.40

Our preference: short positions below 63.40 with targets at 61.60 & 61.00 in extension.

Alternative scenario: above 63.40 look for further upside with 64.20 & 64.60 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:
64.60
64.20
63.40
62.38 Last
61.60
61.00
60.45

https://charts.tradingcentral.com/charts/174_20250421131540.gif

Gold Intraday: further upside.
Pivot: 3351.00

Our preference: long positions above 3351.00 with targets at 3419.00 & 3447.00 in extension.

Alternative scenario: below 3351.00 look for further downside with 3334.00 & 3284.00 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
3460.00
3447.00
3419.00
3392.97 Last
3351.00
3334.00
3284.00

https://charts.tradingcentral.com/charts/169_20250421131542.gif

Crude Oil (WTI) (M5) Intraday: under pressure.
Pivot: 62.80

Our preference: short positions below 62.80 with targets at 61.60 & 61.00 in extension.

Alternative scenario: above 62.80 look for further upside with 63.40 & 64.20 as targets.

Comment: the RSI is below its neutrality area at 50%

Supports and resistances:
64.20
63.40
62.80
62.35 Last
61.60
61.00
60.45

https://charts.tradingcentral.com/charts/174_20250421153955.gif

Gold Intraday: further upside.
Pivot: 3350.00

Our preference: long positions above 3350.00 with targets at 3470.00 & 3500.00 in extension.

Alternative scenario: below 3350.00 look for further downside with 3320.00 & 3284.00 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
3550.00
3500.00
3470.00
3415.27 Last
3350.00
3320.00
3284.00

https://charts.tradingcentral.com/charts/169_20250421153801.gif

EUR/USD intraday : our next up target stands at 1.1429
Our pivot point is at 1.1344.

Our preference: our next up target stands at 1.1429

Alternative scenario: below 1.1344, expect 1.1313 and 1.1295.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1361 and 1.1371).

Supports and resistances:
1.1466 **
1.1447 *
1.1429 **
1.1411
1.1372 last
1.1356
1.1344 **
1.1313 *
1.1295 **
https://charts.tradingcentral.com/charts/74_20250421145724.gif

Crude Oil (WTI) (M5) Intraday: under pressure.
Pivot: 62.80

Our preference: short positions below 62.80 with targets at 61.60 & 61.00 in extension.

Alternative scenario: above 62.80 look for further upside with 63.40 & 64.20 as targets.

Comment: the RSI is below its neutrality area at 50%

Supports and resistances:
64.20
63.40
62.80
62.28 Last
61.60
61.00
60.45

https://charts.tradingcentral.com/charts/174_20250421173119.gif

Gold Intraday: further upside.
Pivot: 3370.00

Our preference: long positions above 3370.00 with targets at 3470.00 & 3500.00 in extension.

Alternative scenario: below 3370.00 look for further downside with 3350.00 & 3320.00 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
3550.00
3500.00
3470.00
3419.41 Last
3370.00
3350.00
3320.00

https://charts.tradingcentral.com/charts/169_20250421173120.gif

Company: WR Berkley (WRB)

EPS:

Actual: $ 1.01
Forecast: $ 1.05

Revenue:

Actual: $ 3.01B
Forecast: $ 3.02B

Economic Calendar 22-04-2025

5 Things to Know: 22/04/2025

👷3M (NYSE:MMM) is set to report its Q1 2025 earnings today, April 22, before market open, with EPS expected at $1.75 and revenue forecast at $5.78 billion. Markets will likely focus on margins, restructuring, and industrial demand.

📱AT&T (NYSE:T) is scheduled to report its Q1 2025 earnings tomorrow before market open, with EPS expected at $0.5186 and revenue forecast at $30.39 billion. Investors will likely be watching for updates on wireless subscriber growth, free cash flow, and progress in debt reduction efforts.

🪙Bitcoin climbed to $88,870 by 5:00 AM GMT+4 today, Tuesday, reaching its highest level since early April. The rebound likely comes as the cryptocurrency recovers losses linked to the April 2 reciprocal tariff announcement, regaining investor momentum.

📈Gold surged to a record $3,482.76 early Tuesday, rising 1.7% by 4:27 AM GMT+4, as U.S.-China trade tensions and Trump’s plans to overhaul the Federal Reserve fueled safe-haven demand.

🇺🇸The U.S. Flash Manufacturing PMI is set for release tomorrow at 5:45 PM GMT+4, with a forecast of 49.0, down from the previous reading of 50.2. Markets will likely watch closely for signs of contraction in factory activity and its potential impact on the economic outlook.

📊 Click here to access the daily technical report, featuring technical analysis of approximately 20 financial instruments, including currencies, major stock indices, commodities, and metals !

EUR/USD Intraday: choppy.
Pivot: 1.1480

Our preference: long positions above 1.1480 with targets at 1.1570 & 1.1600 in extension.

Alternative scenario: below 1.1480 look for further downside with 1.1445 & 1.1400 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:
1.1630
1.1600
1.1570
1.1537 Last
1.1480
1.1445
1.1400

https://charts.tradingcentral.com/charts/74_20250422065559.gif

Gold Intraday: the upside prevails.
Pivot: 3430.00

Our preference: long positions above 3430.00 with targets at 3500.00 & 3550.00 in extension.

Alternative scenario: below 3430.00 look for further downside with 3395.00 & 3370.00 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:
3600.00
3550.00
3500.00
3479.23 Last
3430.00
3395.00
3370.00

https://charts.tradingcentral.com/charts/169_20250422090022.gif

Crude Oil (WTI) (M5) Intraday: further advance.
Pivot: 62.45

Our preference: long positions above 62.45 with targets at 63.40 & 64.20 in extension.

Alternative scenario: below 62.45 look for further downside with 61.80 & 61.00 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances:
64.80
64.20
63.40
63.05 Last
62.45
61.80
61.00

https://charts.tradingcentral.com/charts/174_20250422090023.gif

Crude Oil (WTI) (M5) Intraday: further advance.
Pivot: 62.45

Our preference: long positions above 62.45 with targets at 63.60 & 64.20 in extension.

Alternative scenario: below 62.45 look for further downside with 61.80 & 61.00 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances:
64.80
64.20
63.60
63.19 Last
62.45
61.80
61.00

https://charts.tradingcentral.com/charts/174_20250422112921.gif

Gold Intraday: bullish bias above 3430.00.
Pivot: 3430.00

Our preference: long positions above 3430.00 with targets at 3500.00 & 3529.00 in extension.

Alternative scenario: below 3430.00 look for further downside with 3395.00 & 3370.00 as targets.

Comment: investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances:
3600.00
3529.00
3500.00
3443.16 Last
3430.00
3395.00
3370.00

https://charts.tradingcentral.com/charts/169_20250422113249.gif

EUR/USD Intraday: intraday support around 1.1480.
Pivot: 1.1480

Our preference: long positions above 1.1480 with targets at 1.1570 & 1.1600 in extension.

Alternative scenario: below 1.1480 look for further downside with 1.1445 & 1.1400 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:
1.1630
1.1600
1.1570
1.1502 Last
1.1480
1.1445
1.1400

https://charts.tradingcentral.com/charts/74_20250422113537.gif