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
27%
Managing emotions
23%
Finding the right strategy
20%
Risk management
29%
Staying disciplined
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🧮 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.
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Take a close look and tell us:
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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.
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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!
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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
47%
😎 Took profit like a pro
12%
😱 FOMO’d and jumped in
10%
😬 Closed too early
31%
🧘 Didn’t even notice
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Supply-chain disruptions, shortages, and external shocks affect stock prices.
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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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Chaikin Money Flow – for those, who love to make money 🤑
The Chaikin Money Flow (CMF) trading strategy allows you to capitalize on one of the market's most lucrative conditions – the trend phase.
The strategy’s principles follow a determined set of rules, which should never be broken when using the CMF, to guarantee you maximum returns. You can trade any asset with this strategy, but on metals and long-trending currency pairs, such as the AUDUSD it is most effective.
The trading algorithm is simple:
1. Place the 200 Smoothed Moving Average (SMA) on the chart. This is your first filter: trade only long, when you are above it, only short, when the price is below it.
2. Place your CMF indicator. When the CMF crosses the zero line to the upside, open your long position. When the CMF crosses it to the downside – open your short position.
3. You can place the Stop-Loss at the most recent low for uptrends (recent high for downtrends) and the Take-Profit at the most recent high (low for downtrends).
4. You can either close you position at the TP or take only half of the profit, pull the SL to break even and let the rest of the position ride the trend to its end.
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The Chaikin Money Flow (CMF) trading strategy allows you to capitalize on one of the market's most lucrative conditions – the trend phase.
The strategy’s principles follow a determined set of rules, which should never be broken when using the CMF, to guarantee you maximum returns. You can trade any asset with this strategy, but on metals and long-trending currency pairs, such as the AUDUSD it is most effective.
The trading algorithm is simple:
1. Place the 200 Smoothed Moving Average (SMA) on the chart. This is your first filter: trade only long, when you are above it, only short, when the price is below it.
2. Place your CMF indicator. When the CMF crosses the zero line to the upside, open your long position. When the CMF crosses it to the downside – open your short position.
3. You can place the Stop-Loss at the most recent low for uptrends (recent high for downtrends) and the Take-Profit at the most recent high (low for downtrends).
4. You can either close you position at the TP or take only half of the profit, pull the SL to break even and let the rest of the position ride the trend to its end.
Make your money flow with Headway!
Trade now!
Trading signals, while expertly curated, aren't fail-safe; proceed with caution.
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