XAUUSD and EURUSD reach our targets: what's next? 🥳
Trump hiked tariffs against China to absurd levels of 145%, adding that the US might delist publicly traded Chinese companies from US stock exchanges.
Amidst the chaos that has completely overrun the markets these last few days, with monstrous volatility spikes dominating the financial landscape in every asset class, some of our major targets have been reached.
Many factors contributed to the rally, the first of which was the unpredictability of the US President’s policy decisions. The two biggest economies are at each other’s throats, escalating a trade war that will likely plunge the world into chaos. At the same time, Trump's inconsistent use of threats and tariffs is creating an anti-business environment, as businesses like stability and predictability of economic conditions.
By doing so, they are selling USD-denominated securities and buying EUR-denominated ones, boosting the demand (and the performance) of the European currency.
#EURUSD reached or 1.12150 target, and is trading at 1.13500 by April 11, 10:35 MT Time. The next major target stands at 1.14975, through a possible retest of the old target zone at first.
Trade the smart way!
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Happy Thai New Year 🌺💦
Today marks the beginning of Songkran Festival, and the Headway team would like to extend their wishes to everyone who celebrates this holiday 🌈💦🔫
May all your worries be washed away, and may happiness flow into your life like the water of this vibrant festival. สุขสันต์วันสงกรานต์!
Today marks the beginning of Songkran Festival, and the Headway team would like to extend their wishes to everyone who celebrates this holiday 🌈💦🔫
May all your worries be washed away, and may happiness flow into your life like the water of this vibrant festival. สุขสันต์วันสงกรานต์!
Feel like watching a movie but don’t want to get distracted from trading? With this list, you can do both! Let’s find out which movies explore the intricacies of trading.
The Wolf of Wall Street
Dive into the high-stakes world of Jordan Belfort. This film captures the wild, extravagant side of trading and its pitfalls. It is loosely based on a real story.
Margin Call
A gripping look at the 24 hours leading up to the 2008 financial crisis, when an analyst at an investment bank spots a looming catastrophe.
Trading Places
Trading Places is a comedy stock market film that revolves around a con artist and commodity broker whose places are traded for the sake of a bet, and their revenge plan on the two millionaires who placed the bet.
The Big Short
An insightful breakdown of how a few sharp minds predicted—and profited from — the 2008 housing bubble burst. Three separate but parallel stories, one of which portrays Michael Burry - a real man who predicted the crisis.
Boiler Room
This intense drama explores the darker side of stock trading. A college dropout gets a job as a broker for an investment firm, which puts him on the fast track to success. It’s all about the hustle — but at what cost?
Watch these movies and find a new source of inspiration for your trading.
Profit like in a movie
The Wolf of Wall Street
Dive into the high-stakes world of Jordan Belfort. This film captures the wild, extravagant side of trading and its pitfalls. It is loosely based on a real story.
Margin Call
A gripping look at the 24 hours leading up to the 2008 financial crisis, when an analyst at an investment bank spots a looming catastrophe.
Trading Places
Trading Places is a comedy stock market film that revolves around a con artist and commodity broker whose places are traded for the sake of a bet, and their revenge plan on the two millionaires who placed the bet.
The Big Short
An insightful breakdown of how a few sharp minds predicted—and profited from — the 2008 housing bubble burst. Three separate but parallel stories, one of which portrays Michael Burry - a real man who predicted the crisis.
Boiler Room
This intense drama explores the darker side of stock trading. A college dropout gets a job as a broker for an investment firm, which puts him on the fast track to success. It’s all about the hustle — but at what cost?
Watch these movies and find a new source of inspiration for your trading.
Profit like in a movie
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Trade now!
Trading signals, while expertly curated, aren't fail-safe; proceed with caution.
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How to trade during high-impact news events? 🗞️🤔
Trading during major news events can be highly profitable — but also risky. Here’s how to stay ahead:
📚 Know the event
Each event has its own set of market expectations and potential impacts. Learn about them in advance to plan ahead.
📅 Check the calendar
Look up release times on the economic calendar to know when to expect the action.
🛑 Avoid trading right before news
Wait until after the news release to assess the market reaction and avoid unnecessary noise.
📝 Stick to your plan
Every trade should be executed with a plan: Use smaller positions, set Stop-Loss and Take-Profit levels.
💹 Focus on the long-term trend
Markets tend to revert to their underlying trends after the dust settles.
🧘 Stay calm
Emotional trading leads to poor decision-making and often results in losses. Avoid reactionary trading.
Use these tips, and you’ll be able to turn market volatility into trading opportunities 👑
Trade your way with Headway!
Trading during major news events can be highly profitable — but also risky. Here’s how to stay ahead:
📚 Know the event
Each event has its own set of market expectations and potential impacts. Learn about them in advance to plan ahead.
📅 Check the calendar
Look up release times on the economic calendar to know when to expect the action.
🛑 Avoid trading right before news
Wait until after the news release to assess the market reaction and avoid unnecessary noise.
📝 Stick to your plan
Every trade should be executed with a plan: Use smaller positions, set Stop-Loss and Take-Profit levels.
💹 Focus on the long-term trend
Markets tend to revert to their underlying trends after the dust settles.
🧘 Stay calm
Emotional trading leads to poor decision-making and often results in losses. Avoid reactionary trading.
Use these tips, and you’ll be able to turn market volatility into trading opportunities 👑
Trade your way with Headway!
Key market news and statistics | April 15:
🔹 Trump postponed tariffs for 90 days for everyone, except China
🔹 China vs US trade war escalates: China hikes tariffs to 125%
🔹 Trump lowered tariffs to 20% for Chinese chips and semiconductors
🔹 US Dollar Index (DXY) plunged to its lowest levels since March 2022
🔹 US envoy Steve Witkoff visited Russia for peace talks with Putin
🔹 Gaza Strip situation continues to grow more dire
🔹 Diplomatic talks between Iran and the US continue
🔹 ECB Interest Rate decision on April 17, 15:15 MT time
🔹 Gold rocketed to new ATHs, fueled by tariffs safe haven demand
🥇 Gold
Last week, #XAUUSD rose from a local low of $2963/oz to a new ATH of $3246/oz and reached our second $3200/oz target. The uncertainty surrounding tariffs and the rapidly changing minds of the US administration makes it impossible for businesses to plan long-term strategies, boosting uncertainty-hedge instruments, like gold. Cooling US inflation data released on April 10 boosted the rally, as we predicted in last week’s Market Overview. While the geopolitical situation seems to begin slowly cooling, the tensions remain highly elevated.
Gold masterfully completed the Fibonacci Golden Zone on the daily chart, resuming the rally with a vertical surge, gaining $266 in 3 days. This dynamic, while highly appealing from a FOMO perspective, advises caution. Usually, a vertical rise after a prolonged bullish trend signals the end of the bull market. On the other hand, however, fundamentals remain extremely strong, so our last $3400/oz target by year-end remains unchanged. If gold falls below $3180/oz, a retracement to $3109/oz – $3076/oz is likely to happen. These levels can be used to form a short-to-medium-term long position, with the mandatory use of a Stop-Loss, in case a heavier correction happens. The odds of gold continuing its record no-pullback rally, considering recent news events, are low.
💰 Bitcoin
Last week, we advised monitoring the $76,500 level, with a close below it likely signaling a further decline for #BTC. As the close did not happen on the 1D timeframe, no hints of a continuation appeared. Moreover, after the FOMC minutes, US CPI, and tariff delays, Bitcoin surged along with riskier assets (and US equities).
BTC dynamic remains subject to heightened volatility, with good news on the tariff and monetary policy front stoking bullish sentiment, and with worsening economic conditions and trade war escalation pushing it lower. For now, monitor closely the edges of the newly formed downward consolidation. The strategy is the same as in all previous cases – trade breakouts or bounces back into the range. Until further news causes price spikes in either direction, Bitcoin is likely to continue fluctuating without a clear dynamic.
🇪🇺 EURUSD
The Eurodollar reached our 1.12150 target last week, continuing towards the second target of 1.14975. The pair is now heavily in an overbought zone, so a consolidation or a correction is likely to pave its way into the Fiber.
While Trump-driven decisions are impossible to forecast, economic data is easier to predict. This Thursday, April 17, at 15:15 MT Time, the European Central Bank will decide what the next interest rate will be. It is likely, that in the face of tariff risks and concerns over economic stability in the Eurozone, it will lead to a 0.25% rate cut. This might be used as a trigger to spark a sell-off in the pair, with market participants taking profits after a prolonged rally. The targets of a correction stand at 1.12000, 1.11116, and 1.10240. We remain skeptical about the economic potential of the Euro Area, given recent developments, but if the public continues to believe in growth, the EURUSD might resume the bull run after a short-term correction. Waiting for significant shifts in price action looks like the wisest strategy this week.
👑 Profit now!
Last week, #XAUUSD rose from a local low of $2963/oz to a new ATH of $3246/oz and reached our second $3200/oz target. The uncertainty surrounding tariffs and the rapidly changing minds of the US administration makes it impossible for businesses to plan long-term strategies, boosting uncertainty-hedge instruments, like gold. Cooling US inflation data released on April 10 boosted the rally, as we predicted in last week’s Market Overview. While the geopolitical situation seems to begin slowly cooling, the tensions remain highly elevated.
Gold masterfully completed the Fibonacci Golden Zone on the daily chart, resuming the rally with a vertical surge, gaining $266 in 3 days. This dynamic, while highly appealing from a FOMO perspective, advises caution. Usually, a vertical rise after a prolonged bullish trend signals the end of the bull market. On the other hand, however, fundamentals remain extremely strong, so our last $3400/oz target by year-end remains unchanged. If gold falls below $3180/oz, a retracement to $3109/oz – $3076/oz is likely to happen. These levels can be used to form a short-to-medium-term long position, with the mandatory use of a Stop-Loss, in case a heavier correction happens. The odds of gold continuing its record no-pullback rally, considering recent news events, are low.
Last week, we advised monitoring the $76,500 level, with a close below it likely signaling a further decline for #BTC. As the close did not happen on the 1D timeframe, no hints of a continuation appeared. Moreover, after the FOMC minutes, US CPI, and tariff delays, Bitcoin surged along with riskier assets (and US equities).
BTC dynamic remains subject to heightened volatility, with good news on the tariff and monetary policy front stoking bullish sentiment, and with worsening economic conditions and trade war escalation pushing it lower. For now, monitor closely the edges of the newly formed downward consolidation. The strategy is the same as in all previous cases – trade breakouts or bounces back into the range. Until further news causes price spikes in either direction, Bitcoin is likely to continue fluctuating without a clear dynamic.
The Eurodollar reached our 1.12150 target last week, continuing towards the second target of 1.14975. The pair is now heavily in an overbought zone, so a consolidation or a correction is likely to pave its way into the Fiber.
While Trump-driven decisions are impossible to forecast, economic data is easier to predict. This Thursday, April 17, at 15:15 MT Time, the European Central Bank will decide what the next interest rate will be. It is likely, that in the face of tariff risks and concerns over economic stability in the Eurozone, it will lead to a 0.25% rate cut. This might be used as a trigger to spark a sell-off in the pair, with market participants taking profits after a prolonged rally. The targets of a correction stand at 1.12000, 1.11116, and 1.10240. We remain skeptical about the economic potential of the Euro Area, given recent developments, but if the public continues to believe in growth, the EURUSD might resume the bull run after a short-term correction. Waiting for significant shifts in price action looks like the wisest strategy this week.
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What’s your biggest challenge in trading?
Anonymous Poll
29%
Managing emotions
20%
Finding the right strategy
21%
Risk management
30%
Staying disciplined
Have you been enjoying your new deposit bonus? 🎁 Today, we’ll tell you everything you need to know about withdrawing your bonus funds.
💸 You can withdraw up to 20% of the spread you paid.
🧮 The amount of withdrawable bonus depends on your trading activities and account balance operations like deposits and withdrawals.
📅 Bonus calculations run from the 5th of the current month to the 4th of the next month.
🔍 Want to check your progress? You can view the accumulated sum in the details of your trading account anytime.
📲 The bonus funds will be automatically added to your balance on the 5th of each month.
From there, it’s up to you! You can withdraw your bonus or use it to boost your trading profits. With Headway, the opportunities are limitless ♾️🚀
💸 You can withdraw up to 20% of the spread you paid.
🧮 The amount of withdrawable bonus depends on your trading activities and account balance operations like deposits and withdrawals.
📅 Bonus calculations run from the 5th of the current month to the 4th of the next month.
🔍 Want to check your progress? You can view the accumulated sum in the details of your trading account anytime.
📲 The bonus funds will be automatically added to your balance on the 5th of each month.
From there, it’s up to you! You can withdraw your bonus or use it to boost your trading profits. With Headway, the opportunities are limitless ♾️🚀
Take a close look and tell us:
❓ What’s the mistake here?
📉 Where do you think the price will go next?
Drop your thoughts in the comments! We’ll reveal the answer soon👀
Drop your thoughts in the comments! We’ll reveal the answer soon
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Trade now!
Trading signals, while expertly curated, aren't fail-safe; proceed with caution.
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How to Trade Apple Stocks
When it comes to trading stocks, few names are as iconic or consistently popular as Apple Inc. (AAPL). Whether you're new to the markets or looking to diversify your portfolio, trading Apple stock can be a smart move – if you know what you’re doing. In this article, we’ll explore how to trade Apple stocks, what makes the company so appealing, and the different strategies you can use to make the most out of AAPL.
Read more
When it comes to trading stocks, few names are as iconic or consistently popular as Apple Inc. (AAPL). Whether you're new to the markets or looking to diversify your portfolio, trading Apple stock can be a smart move – if you know what you’re doing. In this article, we’ll explore how to trade Apple stocks, what makes the company so appealing, and the different strategies you can use to make the most out of AAPL.
Read more
Headway
Take a close look and tell us: ❓ What’s the mistake here? 📉 Where do you think the price will go next? Drop your thoughts in the comments! We’ll reveal the answer soon 👀
The support line was drawn incorrectly! If you look at the previous price action, you can see that there was resistance, which later became support!
XAUUSD sweeps $3300/oz with zero corrections!
The precious metal went through the past ATH and is now trading at $3306/oz. We told you about this possible dynamic in our Weekly Market Overview, preferring the through-pullback rise, over the occurred vertical jump.
Recent trade war escalation triggered this new wave of avid buying, with tech giant Nvidia (#NVDA) announcing it will take $5.5 billion in charges to offset the disruptive effects of the US administration’s limitations to exports of H20 chips to China.
Adding to that, China ordered its airlines not to take any further deliveries of Boeing (#BA), in response to the recent US-led hike on tariffs against it to 145%.
Vertical growth is always a worrying predecessor of stronger pullbacks – the steeper the growth, the more painful the retracement later. We advise caution, when opening XAUUSD positions in the near future, using a dynamic Stop-Loss, when possible.
Of course, this rally could go on until the metal reaches $3400/oz, $4000/oz, or even $5000/oz, but the more it rises without correction, the unhealthier this growth will be. By now, gold has officially left the upward channel it has been following since October 2023. Until a new structure appears – trade the trend with a dynamic SL!
Trade XAUUSD on Headway!
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Due to upcoming holidays, the trading schedule of some instruments will be affected on April 17–25.
Please plan your trading activities according to the updated timetable 🕘
Trade your way with Headway!
Please plan your trading activities according to the updated timetable 🕘
Trade your way with Headway!
Let’s be honest… When gold hit $3300, you:
Anonymous Poll
46%
😎 Took profit like a pro
10%
😱 FOMO’d and jumped in
10%
😬 Closed too early
34%
🧘 Didn’t even notice
The Stock Titans demo contest is in full swing 🔥 Today, let’s talk about what you need to know for successful stock trading ☝️
Lesson: Fundamentals matter! You can’t trade stocks blindly. Earnings reports, press releases, and financial statements drive volatility and set the long-term trend. Key factors to consider:
🩺 Financial health
Learn to read balance sheets & statements to identify bullish or bearish trends.
⚡ Product and industry risks
Supply-chain disruptions, shortages, and external shocks affect stock prices.
💰 Monetary policy
Higher rates? Stocks tend to struggle. Low rates? Stocks gain appeal!
👨⚖️ Political landscape
Laws, tariffs, and sanctions can shake up a stock’s volatility.
Have you chosen your Stock Titan yet? With this knowledge, you can find the best company to trade and rise to the top of the leaderboard 📈
Lesson: Fundamentals matter! You can’t trade stocks blindly. Earnings reports, press releases, and financial statements drive volatility and set the long-term trend. Key factors to consider:
🩺 Financial health
Learn to read balance sheets & statements to identify bullish or bearish trends.
⚡ Product and industry risks
Supply-chain disruptions, shortages, and external shocks affect stock prices.
💰 Monetary policy
Higher rates? Stocks tend to struggle. Low rates? Stocks gain appeal!
👨⚖️ Political landscape
Laws, tariffs, and sanctions can shake up a stock’s volatility.
Have you chosen your Stock Titan yet? With this knowledge, you can find the best company to trade and rise to the top of the leaderboard 📈
Trade now!
Trading signals, while expertly curated, aren't fail-safe; proceed with caution.
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