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Bitcoin's (BTC/USD) Price Outlook: Bitcoin battles 75k resistance as bulls eye further gains
Bitcoin (BTC/USD) is currently battling resistance at the psychological 75000 levelA clean close above 75000 is required for the bullish scenario to continue the rally toward targets at 76400 and 78197The bearish scenario is triggered if Bitcoin fails to hold the 50 MA (H1) at 74004, potentially leading to a drop to the 71673 support levelMost Read: EUR/USD: A look at the 1.1800 battle and key support levelsBitcoin (BTC/USD) is currently locked in a tug-of-war at the psychological 75000 handle. After a volatile start to the month, the premier cryptocurrency has carved out a clear recovery path, though the technical indicators suggest the journey higher may require a brief pitstop.Daily Chart: Structural Breakout and Moving Average Support The daily timeframe paints a picture of a successful trend reversal. After enduring a period of downward pressure characterized by a descending channel, BTC has staged a convincing breakout.Key technical highlights on the daily:The MA Cluster: Bitcoin has decisively reclaimed the 50-day MA (blue) at 69679 and the 200-day MA (black) at 87339 remains a long-term target. More importantly, it is currently testing the 100-day MA (yellow) at 74924 as immediate resistance.Support Base: The 70000 level has now transitioned from a daunting ceiling to a significant floor.RSI Momentum: The Daily RSI is sitting at 60, suggesting that while the trend is bullish, Bitcoin is far from "overheated", leaving the door open for a run toward the 78197 and 82133 levels.Bitcoin (BTC/USD) Daily Chart, April 15, 2026 Source: TradingView.com (click to enlarge) H4 Chart: Consolidation Below the Ceiling On the H4 chart, we can see the aggressive nature of the recent leg up. The pair surged from the 68000 zone, slicing through the 71673 level with significant volume.However, price action has stalled over the last 24 hours just shy of the 75000 mark. We are seeing a series of "BEAR" labels on the RSI, which is currently at 57.This cooling of momentum suggests that the market is waiting for a fresh fundamental catalyst or a period of consolidation before attempting to breach the year-to-date highs. The 50 MA (blue line) on the H4 is trending sharply upward, currently providing dynamic support at 72226.Bitcoin (BTC/USD) Four-Hour Chart, April 15, 2026 Source: TradingView.com (click to enlarge) H1 Chart: Scenarios for the Upcoming Session The hourly chart reveals the intraday sensitivity of Bitcoin as it trades within a narrowing range. Currently at 73918, the immediate direction will likely be determined by how price reacts to the ascending 50-day MA (blue) on this timeframe.The Bullish ScenarioFor a continuation of the rally, bulls need to defend the 73500 area. A clean hourly close above 75000 would likely trigger a wave of FOMO (fear of missing out), potentially catapulting the pair toward the next liquidity pocket at 76400 and eventually 78197.The Bearish ScenarioThe recurring "BEAR" pivot warnings on the H1 RSI cannot be ignored. If Bitcoin fails to hold the 50 MA (H1) at 74004, we could see a quick "flush" down to the 71673 support level. This would be a standard mean-reversion move to shake out late-entry long positions before a potential secondary attempt at the highs.Key Levels to Watch:Resistance: 75000, 76400, 78197Support: 73500, 71673, 70000Bitcoin (BTC/USD) One-Hour Chart, April 15, 2026 Source: TradingView.com (click to enlarge) Bitcoin is in a "prove it" phase. While the macro structure is firmly bullish following the daily breakout, the 75000 level is proving to be a tough nut to crack. Patience may be the best tool for traders here looking for entries on a confirmed breakout or a deeper retest of support.Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only.If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use.Visit https://www.marketpulse.com/ to find out more about the beat of the global markets.© 2026 OANDA Business Information & Services Inc.
On track to all-time highs? Ceasefire may extend – North American Mid-Week Market Update
Mid-Week review where we dive into the major developments for North American and global MarketsMarkets are taking a break ahead of the resuming of US-Iran talks tomorrow, with mediators pushing for a ceasefire extensionStock Markets are on track to recover to all-time highs with euphoric Markets Log in to our mid-week North American Markets overview, where we examine current themes in North America and provide an overview of index and currency performance.Markets continue their euphoric ascension with both parties reportedly eager to pursue talks.Traders really seem to have a sixth sense for turning points in the narrative, with Stock Market buyers ruthlessly bidding prices back up to right around pre-war highs.Cautious analysis could warn of a potential for ecstatic behavior, particularly when no peace deal has yet been properly drawn out. Dow Jones Daily Chart. April 15, 2026 – Source: TradingView After a chaotic first round of negotiations over the weekend, anxiety rose, but that did not last long, with President Trump repeatedly reassuring that "[Iran] sent the right people and they want to make a deal." The Nuclear issue, a particular subject of contention, is now in line for the coming resumption of discussions on Thursday.Meanwhile, with direct Israel-Lebanon talks also officially underway – the first since 1993 – peace in the Middle East seems closer by the day. The reality could be a bit more chaotic than what Participants are pricing, but all they wanted to see was a war that doesn't escalate any further (and with fears of a ground operation just three weeks ago, this is pretty decent progress).The latest news from the Associated Press reported that the mediators are now looking to extend the Ceasefire, set to expire next Tuesday, April 22.Furthermore, even Energy commodity traders are now attempting to turn the page on this heavy chapter, with the escalation premium now fully erased.As a result, only a ~$20 supply drought premium remains, which should only be erased if and when a deal is reached. Oil Daily Chart. April 15, 2026 – Source: TradingView On the Macroeconomic side, the US reported a less hot-than-expected PPI report, which began to show a turn in demand-side inflation, with only heavy supply, energy-linked inflation hurting prospects.After all, IEEPA tariffs got banned by the US Supreme Court, which quickly took out a few percentage points from the data – the nastier side of it is the fact that oil-led inflation can affect inflation in a 3 to 6 month span as businesses initially absorb the lower margins before passing them on to consumers (when looking at prior energy crises).On the northern border, Canada just reported an important rebound in Manufacturing sales, up 3.6% (slightly missing the 3.8% estimate), erasing the -3% loss from January.This continues to show how sideways North American economies have evolved in recent times, with Employment for both the US and Canada continuously wiggling and economic indicators slowing and bouncing again.Policymakers will surely wait to see the effects of the war on consumption and inflation before moving the needle.Kevin Warsh's hearing is now expected next week, after being delayed by Jerome Powell's court case – Trump had some words on the issue this morning (and, as per usual, they were not the sweetest).Let's dive right into our Mid-Week North American Markets recap. Read More:FX levels for EUR/USD, USD/CAD & GBP/USD – USD dumps amid peace repricingThe joy persists for Markets – North American Session Market Wrap for April 14Stocks continue their peace (hopes) rally, Producer Inflation (PPI) misses! – Dow Jones and US Stock Market OutlookNorth-American Indices Performance North American Top Indices performance since last Monday – April 15, 2026 – Source: TradingView Global Equities continue their sensational rebound, largely led by Japanese and US Stocks (with the US Dollar and Japanese Yen also weakening severely to add fuel to their respective Markets).Dollar Index 4H Chart Dollar Index 4H Chart, April 15, 2026 – Source: TradingView The Dollar Index continues its long-term rangebound trajectory, rejecting the 100.00 resistance for the fourth time since July 2025 and now finding intermediate support at the key 98.00 level.Traders are waiting to hear more from the continued negotiations before making their next moves – To get ready for the next phase for the US Dollar, I invite you to check out our recent FX analysis.Levels to place on your DXY charts:Resistance Levels98.50 to 98.70 War Pivot99.40 to 99.50 Resistance100.00 to 100.50 Main resistance and Range highsWar Highs 100.544 (Double Top)Support Levels98.00 Major Support (testing)Support 97.40 to 97.602025 Lows Major support 96.50 to 97.00US Dollar Mid-Week Performance vs Majors USD vs other Majors since last Monday, April 15, 2026 - Source: TradingView The US Dollar has puked against most FX Majors in the past week and particularly more against the Australian and Kiwi Dollars – Both relieved from the lower tensions and less aggravating Energy supply fears.The regional trends in FX seen in 2025 persist again, and this also allowed the basket of EU currencies to continue to outperform (~ +2%) the US Dollar. US Dollar Seasonal performance throughout the first quarter – Source: Market-Bulls.com For those who haven't seen our past week's edition, this is a seasonal performance chart for the US Dollar. April is its weakest month of the year, so that itself could weigh even more on the Greenback.The next move will be contingent on proper progress in US-Iran talks.Canadian Dollar Mid-Week Performance vs Majors CAD vs other Majors, April 15, 2026 - Source: TradingView. The Loonie has once again given up a decent part of its progress against major currencies but this effect is much less exaggerated than what is observed in the US Dollar.The Loonie is actually attempting a bounce from recent lows against its peers, supported by the better Manufacturing data and widening order book for its Petrol exports.Keep a close eye on the CAD in the coming week.Intraday Technical Levels for the USD/CAD USD/CAD 4H Chart, April 15, 2026 – Source: TradingView USD/CAD continues to correct within its large range, having broken the key momentum 1.38 pivot.Now evolving within an intermediate bear-channel, traders will be looking at the key 1.3750 Support to see whether it holds or breaks.Levels of interest for USD/CAD TradingResistance Levels1.38 Pivot +/- 150 pips1.3850 Resistance1.39 to 1.3925 Support turned resistance1.3950 Range HighsSupport Levels1.3750 Pivotal Support1.3630 to 1.3660 Key Support1.3550 Main 2025 Support1.35 Key Psychological SupportUS and Canada Economic Calendar to next Wednesday US and Canadian Data towards next Wednesday, MarketPulse Economic Calendar The North American calendar is somewhat calmer until next Wednesday. The Canadian Dollar will face an important test on Monday with CA Inflation releasing at 8:30 A.M.With Middle East developments easing, keep a close eye on Ceasefire news and Oil!Safe Trades!Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only.If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use.Visit https://www.marketpulse.com/ to find out more about the beat of the global markets.© 2026 OANDA Business Information & Services Inc.
Stocks continue their peace (hopes) rally, Producer Inflation (PPI) misses! – Dow Jones and US Stock Market Outlook
US Stock Benchmarks continue their previous session's mid-day rally as Iran situation slowly clearsCrude Oil corrects another 5% and diplomatic attempts maintain high hopes for peaceExploring Technical Levels for the Dow Jones, Nasdaq and S&P 500 Markets continue to price in the peace rally, which could be slowly turning from fantasy to reality.Uncertainty and war go hand in hand, and between talks and realities, discrepancies in narrative can create consequent Market confusion.However, as we have seen during this war, Stock Markets tend to react strongly, with even limited positive developments serving as catalysts for significant movement.As President Trump foreshadowed the reopening of negotiation channels between the US and Iran close to two weeks ago, Markets began a frantic 8%-10% rally from their recent lows and have barely looked back since.The trade naturally escalated when a Ceasefire was reached right before a large ultimatum for major escalation in the War. The Ceasefire itself is quite weak and provides few guidelines on what could lead to a longer-term peace process, but it definitely took the tone out of potential escalation.Participants wanted to see results, and while the world awaits further news, at least, the situation is pointing in the right direction with Iran reportedly opening the discussion on Nuclear enrichment and Israel/Lebanon direct talks beginning this morning (a first since 1993).This is a much better situation than what the initial weekend news had reported.The Strait of Hormuz remains at a standstill amid the new US Blockade. Iran also decided to stall its movement to move forward with the talks. Markets naturally took it a step further. They allowed some of the war premium in WTI to be unwound (down 5% to $93) and pumped stocks further. PolyMarket odds for a peace deal. Source: TradingView – April 14, 2026 The Prediction-Markets-based odds for a proper peace deal by April 30 are back at pre-weekend highs (~35%).Add to the slowly confirming stance towards peace with a large miss in March PPI (Producer Price Index, which leads CPI Inflation), and Markets saw quite a few elements for bulls to come back hungry in the morning action.The headline number came in hot at 4% (not good), but much better than the 4.6% expectations. The Core (eliminating Energy and Food prices) release took 0.2% from the headline number.With demand-led inflation slowly abating, despite the large numbers, the Fed could slowly ease some anxiety. Nevertheless, they will have to see prices at the pump decidedly retreating before they can let off the pressure. Their incoming speeches will have to be tracked closely. Morning US PPI data. April 14, 2026 – Source: TradingView Markets are now looking ready for peace, so they will hold high expectations to the talks that will take place on Thursday.Let's look at intraday charts and trading levels for the major US indexes: the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500. Discover:Silver (XAG/USD) at a Crossroads: Bullish breakout meets overbought momentumCritical Crossroads: USD/CHF tests key support at 0.78285. Is a bounce to 0.7900 up next?WTI (Oil) drops back below $100 after US-Iran talks set to resume – Oil Dynamics and Intraday AnalysisCurrent Session's Stock Heatmap Current picture for the Stock Market (12:00) – Source: TradingView – April 14, 2026 The Market is now broadly flashing green, with Mega Caps leading to the upside during an ongoing huge rebound.Nvidia, Microsoft, Google, Amazon, Tesla and Meta are pulling the entire Indexes to some fresh highs and profiting largely to the gigantic rebound in the Nasdaq, while Energy stocks are taking a hit (from lower Oil prices).Despite some local laggards, the Market is largely moving in tandem.Dow Jones 4H Chart and Trading Levels Dow Jones (CFD) 4H Chart – April 14, 2026 – Source: TradingView While the rally is slower in the Dow Jones, it is for now less chaotic and much more progressive than the spikes that have been seen in the other major Indexes.The DJIA is still evolving within its main upward channel since having broken out of its war downtrend, and aims to test the 48,700 - 48,800 resistance in coming times.From there, reactions will be essential:Rejecting it could point to a retest of 48,000 (channel lows)Breaking above should flash to 49,000 Above this, the road to 50,000 should be short-lived.Dow Jones technical levels for trading:Resistance LevelsMini-resistance 48,700Major Resistance – 49,000 to 49,20049,500 psychological mini-resistance49,900 to 50,000 Resistance and Daily Range HighsSupport LevelsMomentum Pivot 48,300 (bull above)Pivotal Support at 48,000 (Bearish below)Mini Support 47,400 to 47,600War Resistance now Key Support 47,000 +/- 100 Points (Bearish below)January 2025 Highs 45,000 to 45,280Nasdaq 4H Chart and Trading Levels Nasdaq (CFD) 4H Chart – April 14, 2026 – Source: TradingView Nasdaq has largely beaten any expectations or predictions in its gigantic war-rebound, up 12% and breaking all sorts of resistances since.Now testing the 25,700 to 25,850 resistance, the momentum is nearing overbought soon but with the pace of the buying, only bearish news around the talks could stop the bull train to all-time highs.To learn more, check out our in-depth Nasdaq Analysis (watch out for CFD/Composite price differentials):Read More: Technical levels to watch as Nasdaq 100 approaches all-time highsNasdaq technical levels of interest:Resistance LevelsMajor resistance 25,700 to 25,850 (testing)February Highs 25,93426,000 psychological resistance (+/- 50 points)All-time high resistance 26,200 to 26,300Support Levels25,400 to 25,500 Feb Range Intraday PivotPivotal Support 25,000 to 25,250 24,450 to 24,550 Key SupportMajor 2026 Pivotal Support 23,800 to 24,000August 2025 Support 23,500 to 23,650Early 2025 ATH at 22,000 to 22,229 SupportS&P 500 4H Chart and Trading Levels S&P 500 (CFD) 4H Chart – April 14, 2026 – Source: TradingView Similarly to Nasdaq, the S&P 500 is dominating the charts and breaking all types of resistance.The Index is currently testing its major December All-Time High level (6,970). As it also evolves in a bull channel, it will be interesting to see if bulls can manage a push above, however, if Oil fails to break $93, it will be difficult to assume so.In that event, look for a retest of 6,900 for dip-buying (if the situation doesn't worsen!)S&P 500 technical levels of interest:Resistance LevelsDecember ATH Resistance 6,945 to 6,975 (testing)ATH Resistance and Range Highs from 7,000 to 7,020Next key potential resistance 7,060 to 7,080Support LevelsKey Pivot Zone 6,880 to 6,900 Pivotal Support 6,750 to 6,7706,680 to 6,700 Key Support6,580 to 6,610 Support6,490 to 6,520 October lows6,300 psychological level (War lows)Keep track of WTI Crude and the latest headlines throughout the week to stay ahead of the game.Safe Trades!Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only.If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use.Visit https://www.marketpulse.com/ to find out more about the beat of the global markets.© 2026 OANDA Business Information & Services Inc.
Technical levels to watch as Nasdaq 100 approaches all-time highs
The Nasdaq 100 has completed a "V-shaped" recovery after the recent sellof.The overall trend is clearly bullish across all major timeframes, with the index currently trading above the key 25,320 resistance-turned-support level.The RSI is signaling overbought conditions on the Daily, H4, and M15 charts, which suggests that immediate upside momentum may be slowing and consolidation or a minor "retest" is likely.Read More: Silver (XAG/USD) at a Crossroads: Bullish breakout meets overbought momentumThe Nasdaq 100 has undergone a massive rally. After a period of aggressive selling that saw the index dip toward the 22,800 handle, we have seen a textbook "V-shaped" recovery.The most notable development is the breakout from the descending channel (highlighted by the dark trendlines). This breakout was confirmed with a strong impulsive candle that cleared both the 100-day (red) and 200-day (yellow) Moving Averages (MAs).Currently, the index is trading above the 25,320 resistance-turned-support level. The RSI on the daily is approaching overbought territory (65.5), but it still shows room for a final push toward the previous all-time highs near 26,200 before a meaningful correction is required.Nasdaq 100 Daily Chart, April 14, 2026 Source: TradingView (click to enlarge) H4 and H1 Chart Analysis: Momentum and Market Structure Moving down to the H4 and H1 timeframes, the bullish momentum is even more evident. The "Golden Cross" or proximity of the moving averages suggests that the path of least resistance remains to the upside.H4 Perspective: The index has cleared the 25,091 level with ease. We see a series of higher highs and higher lows. The H4 RSI is currently at 74.1, indicating that while the trend is strong, we may see some intraday consolidation or a minor "retest" of the breakout zone at 25,320.H1 Perspective: The hourly chart shows a steep ascending slope. The moving averages are perfectly fanned out in a bullish alignment. We are seeing some "Bear" divergence signals appearing on the RSI (red labels), which suggests that the immediate upside might be slowing down as we approach the US open.Nasdaq 100 Four-Hour Chart, April 14, 2026 Source: TradingView (click to enlarge) M15 Analysis: US Session Scenarios Let us take a look at the M15 ahead of the US session. The index is currently hovering around 25,526.The Bullish ScenarioIf the US session opens with strong buying pressure, look for a sustained hold above 25,500. A break and close above the most recent intraday high (25,560) would open the door for a move toward 25,750. The bulls will be emboldened as long as the price stays above the 20-period MA (Blue line) on this timeframe.The Bearish ScenarioThe RSI is currently signaling overbought conditions (71.0) with several "Bear" pivot markers. If we see a "fake-out" at the open, a move back below 25,480 could trigger a liquidation of intraday long positions. This would likely lead to a move back toward the 25,320 support level (the red horizontal line), which acted as a major ceiling previously.Key Levels to Watch:Resistance: 25,560, 25,750, 26,000Support: 25,320, 25,091, 24,667Nasdaq 100 M15 Chart, April 14, 2026 Source: TradingView (click to enlarge) The Nasdaq 100 is in a clear bullish cycle across all major timeframes. However, given the vertical nature of the recent move and the RSI levels, the risk-to-reward ratio for new longs at current market prices is less than ideal.Traders would be wise to look for pullbacks to the 25,320 or 25,100 zones to join the trend, rather than chasing the breakout at these elevated levels.Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only.If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use.Visit https://www.marketpulse.com/ to find out more about the beat of the global markets.© 2026 OANDA Business Information & Services Inc.
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