Blog
Date - 05th, March, Wednesday, 2025
01 - Key News Insights
China Hits Back at Trump Tariffs with Up to 15% Duties, Trade Measures:
- China retaliates with tariffs after the U.S. raises trade duties to 20%.
- 15% tariffs imposed on U.S. chicken, wheat, corn, and cotton imports.
- 10% tariffs on key U.S. exports, including soybeans, pork, beef, and dairy.
Trump Reaffirms Tariffs, Highlights Tax Cuts in Congress Address:
- Trump reaffirms tariff plans, calling for fair trade in his Congress address.
- 20% tariffs on China, 25% on Canada & Mexico take effect, sparking trade war fears.
Wall Street Slips as Markets React to U.S. Tariffs on Canada, Mexico, and China:
- 25% tariffs on Canada & Mexico could raise U.S. core prices by 0.6%, while a 10pp hike on China may add 0.1% to inflation.
- Tariffs may not be permanent, but their duration remains uncertain.
Google Asks Trump Administration to Rethink Search Engine Breakup:
- Google met with the Trump administration, urging a rethink on its dismantling.
- DOJ pursues two antitrust cases against Google over search and ad tech.
The Dollar Index (DXY)
- DXY drops 0.7% to a three-month low amid tariff concerns.
- Key support at 95.00—a break below may trigger further losses.
- Market cautious, watching trade policies and economic data for direction.
EUR/USD
- EUR/USD surged 1.4% on Tuesday, gaining 140 pips in a single session.
- Markets dumped the US Dollar, fueling the Euro’s sharp rise.
- Traders expect Trump to ease tariff threats, boosting risk sentiment.
GBP/USD
- GBP/USD trades near 1.2790 with mild gains in early European trading on Wednesday.
- The US Dollar remains weak, hovering near a three-month low.
- Concerns over slowing US growth and tariffs weigh on the dollar, supporting GBP.
USD/JPY
- USD/JPY falls below 150.00, reversing early gains in Asian trading.
- Trump’s tariff uncertainty fuels risk aversion, boosting demand for the Yen.
- Haven flows cap USD/JPY upside, keeping pressure on the pair.
02 - Economic Calender
03 - Previous Day Performance
04 - Instructions/Guidelines for executing suggested trade
- Close your trades within 8-10 hours or before 6:30 PM UTC (midnight IST), regardless of profit/ loss.
- By chance, if you face losses in your “Primary Trade”, the “Alternative Call” is designed to recover those losses.
- That’s why, always place the “Alternative call” alongside the “Primary Call”.
- In case the “Alternative or Recovery Call” doesn’t get triggered the same day, a new call (or signal) will be provided the following day.
- Generally, the Global Market Outlook Report includes signals with a higher reward-to-risk ratio (from 2:1 and higher).
- Therefore, consider booking partial profits in steps as follows:
For example, if the reward is two times the risk (or 2:1), consider booking half (or 50%) of the profit when levels reach a 1:1 ratio, and maintain the remaining position.Then, when prices reach twice the risk (2:1), book the remaining 50% position.
To make this process seamless and smooth, consider placing two calls simultaneously with the same Stop-Loss (SL) and Entry-Level but different Target-Levels.
Note: These guidelines aim to optimize your trading strategy while managing risks effectively.
05 - Gold Analysis
Overview: Gold’s primary trend bullish and as predicted in previous report gold price may turns bullish from the support of 2880 and currently break the resistance of 2920 and approaching the 2940 if this level breaches so more bullishness is expected.
Biasness: Gold price extends its winning streak for the third successive day on Wednesday. The precious metal receives upward support from safe-haven demand amid the implementation of US tariffs.
Key Levels: R1- 2920 R2- 2940
S1- 2900 S2- 2880
Technical Analysis: RSI is above 50 heading up and 50 EMA bullish which suggesting strength in price so price may be bullish till the previous high 2857.
Data Releases: PMI is due for the day and if the figure comes negative so bullishness in gold price is expected.
Alternative Scenario: If gold price moves down or break the support level at 2880 then bearishness can be expected.
While writing the report, gold is trending at 2919.
06 - Crude Oil
Overview: The major trend of Oil is Bearish. On the 4- hour chart a bullish engulfing candle is formed and prices are sideways. Additionally, prices are following a trend line, if oil breaches it then oil may rise to test the resistance around 68.50.
Biasness: Oil prices went up after API data showed a bigger-than-expected drop in crude stocks (-1.45M barrels).
Key Levels: R1: 68.50 R2:70.30
S1: 66.60 S2: 66.00
Indicator: Oil prices took support from the lower Bollinger band and are expected to test middle band(68.50).
Data Release: Traders are waiting for the Crude Oil Inventories data. If the data comes in less than expected(0.600M), then Oil prices may rise.
Alternative Scenario: If Oil breaches an immediate support mark of 66.60 and trade below the middle Bollinger band, then a short term bearish view can be expected.
While writing the report, Oil is trading at 67.75
07 - USD JPY
Overview: The USD/JPY pair is currently exhibiting a bearish primary trend. On the 4-hour chart, prices can come down till support to test the support then continue being bullish. So bearishness is expected till support for correction.
Biasness: USD/JPY has reversed early gains to trade below 150.00 in Asian trading on Wednesday. Uncertainty around Trump’s tariffs on Canada and Mexico roil markets, extending risk aversion into the second straight day in Asia and supporting the haven demand for the Japanese Yen, capping the pair’s upside.
Key Levels: R1: 151.00 R2: 151.33
S1: 148.79 S2: 148.22
Indicator: Prices are at middle Bollinger band. Traders should wait for the prices to close below middle Bollinger band to confirm bearishness.
Macro-Economic Factors: Traders are waiting for US ADP non farm employment change, Services and manufacturing PMI. If the data comes less than expected then it will be bearish for USD as well as for USDJPY pair.
Alternative Scenario: If prices breach the resistance at 151.00 then further bullishness is expected.
While writing the report, the pair is trending at 149.71
08 - Disclaimer
- CFD trading involves substantial risk, and potential losses may exceed the initial investment.
- Signals and analysis are based on historical data, technical analysis, and market trends.
- Past performance does not guarantee future results; market conditions can change rapidly.
- Consider your risk tolerance and financial situation before engaging in CFD trading.
- Signals are for informational purposes only and not financial advice.
- Each trader is responsible for their decisions; trade at your own risk.
- The report does not consider individual financial situations or risk tolerances.
- Consult with financial professionals if uncertain about the risks involved.
- By accessing this report, you acknowledge and accept the terms of this disclaimer.
Safe trading,
Market Investopedia Ltd
