Key News Insights
Date: 15th, April, Wednesday, 2026
Daily Economic Outlook:
Key Events Today:
- Iran War today marks the 46th day
- Citi upgrades U.S. equities as geopolitical uncertainty lowers.
- Meta extends custom chips deal with Broadcom to power AI ambitions
- IMF Cuts 2026 Global Growth Outlook to 3.1%, a 0.2 % cut
U.S. Hormuz blockade enters 2nd day amid reports of peace talk progress
- A U.S. military blockade of Iranian ports stretched into a second day on Tuesday, even as hopes surrounded potential forward momentum in peace talks between Washington and Tehran.
US Producer Prices Rise Less than Expected in March
- US producer prices (PPI) increased by 0.5% MoM in March 2026. Matched previous period’s growth; fell short of expectations of 1.1%.
- Goods prices surged 1.6%, the largest increase since August 2023, fueled by an 8.5% jump in energy costs, due to the ongoing Iran conflict.
US Oil Inventories Jump Unexpectedly
- US crude oil inventories jumped by 6.10 million barrels in the week ended April 10th 2026, accelerating from a 3.72 million barrel increase in the previous week.
US housing market is weakening
- Existing home sales fell -3.6% MoM in March, to a seasonally adjusted annual rate of 3.98 million, the lowest since June 2025.
- This marks the 2nd-largest decline since November 2022.
The Dollar Index (DXY)
- The US Dollar (USD) Index holds steady at around 98.00 during early Euro session on Wednesday.
- Although the index is down more than 0.5% since the beginning of the week.
EUR/USD
- EUR/USD stays in a consolidation phase slightly below 1.1800 during early Euro session on Wednesday, after setting a six-week high above 1.1800 on Tuesday.
- Eurostat will release Industrial Production data for February later in the session.
AUD/USD
- AUD/USD trades in positive territory at around 0.7150 in the European morning on Wednesday.
- On Thursday (tomorrow), March employment data from Australia and the first-quarter Gross Domestic Product (GDP) growth reading from China will be watched closely by market participants.
GBP/USD
- GBP/USD extended its bullish action on Tuesday and came within a touching distance of 1.3600.
- The pair corrects lower and fluctuates in a tight channel slightly above 1.3550 midweek.
USD /JPY
- USD/JPY holds steady at around 159.00 after losing 0.4% on Tuesday.
01 - Instructions/ Guidelines for Executing Suggested Trades
- Close your trades within 8-10 hours or before 6:30 PM UTC (midnight IST), regardless of profit/ loss.
2. By chance, if you face losses in your “Primary Trade”, the “Alternative Call” is designed to recover those losses.
3. That’s why, always place the “Alternative call” alongside the “Primary Call”.
4. 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.
5. 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:
a. 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.
b. Then, when prices reach twice the risk (2:1), book the remaining 50% position.
c. 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.
02 - Economic Calender
03 - Previous Day Performance
04 - Gold Analysis
Overview: Price swept buyside liquidity around the 4857 level on the 4H timeframe, indicating a potential short-term pullback. A decline toward the 4780 zone is likely, where the price may test the 200 EMA for support. If this level holds, it could act as a base for continuation; however, a decisive close below it may signal further downside. Overall, the broader bias remains bullish, with an expected corrective move of approximately 30–40 points.
Biasness: Gold prices surged nearly 2% yesterday, supported by a weaker U.S. dollar and softer oil prices, which eased concerns over prolonged high interest rates. Geopolitical tensions remained a key driver, with the U.S. imposing a blockade on Iran’s ports, while ongoing diplomatic signals between Washington and Tehran helped cap sharp safe-haven gains.
Key Levels:
R1- 4856 R2- 5017
S1- 4700 S2- 4554
Data Releases: Today’s key U.S. triggers—the Empire State Manufacturing Index release and remarks by Donald Trump—are likely to drive increased volatility in gold prices during the New York session.
Technical Analysis: The price is holding above 50 & 200 EMA on the 4H timeframe, with the EMA slope trending upward, indicating a bullish bias.
Alternative Scenario: If prices starts to close below 50 & 200 EMA on 4H timeframe & closes below 4700 then we can plan short entries.
While writing the report, gold is trading at 4822 .
05 - Crude Oil
Overview: Oil show substantial correction in the previous two sessions, and made lows of 84.80. Although prices failed to close below 87.50 (S1), a crucial support zone since mid-March. The prices are also showing signs of bullish recovery. Therefore, if prices breaches the immediate resistance R1 (89.60), then higher levels towards far resistance zone (R2 = 92.50) could be witnessed.
Biasness: Oil prices have bounced up during the Asian session, as the US military announced a total blockade of the Strait of Hormuz, increasing the chokehold on supply and putting the new round of talks with Iran into question. The price of the US benchmark West Texas Intermediate barrel appreciated about $4, retracing previous daily losses, and reaching levels near 89.00.
Key Levels:
R1: 89.60 R2: 92.50
S1: 87.50 S2: 84.30
Data Releases: Today, key data includes US official crude oil inventory data. API crude oil inventories released yesterday jumped by 6.10 million barrels in the week. Although if official inventory data surprises, then oil prices might further boost.
Technical Analysis: RSI is rising from the oversold zone, while creating a bullish divergence with the prices.
Alternative Scenario: Only a sustainable breakout and closing of 4H candle below the immediate support S1 (87.50) might drive oil prices lower to far support zone.
While writing the report, the pair is trending at 88.75
06 - AUD/USD
Overview: AUD/USD is holding above the 0.7020–0.7000 support zone after a pullback, with price forming higher lows and stabilizing near 0.7100, showing buyers remain active.
Biasness: AUD/USD stays slightly bullish as weak US Dollar supports the pair, but resistance near 0.7150 is causing rejection. Weak AU data and overbought signals may lead to short-term consolidation, while the overall trend remains positive above key supports.
Key Levels:
R1: 0.7130 R2: 0.7180
S1: 0.6840 S2:0.6760
Data Release: AUD/USD will be driven by RBA speech and US data. A hawkish Reserve Bank of Australia supports upside, while strong US data boosts the US Dollar and can push the pair lower.
Technical Analysis: Price is in a clear uptrend with higher highs and higher lows, trading above moving averages. After a strong rally, it is consolidating near resistance, with a possible short pullback toward 0.7050–0.7020 before continuing higher. RSI near 60–65 shows momentum is still positive but slightly cooling.
Alternative Scenario: If price breaks below 0.7020, the bullish structure weakens and the pair may drop toward 0.6840.
While writing the report, the pair is trending at 0.7140.
07 - BTC/USD
Overview : BTC is currently reacting from a strong resistance zone near 75,000, where price has historically faced selling pressure. After a sharp bullish move, price is now showing signs of rejection and short-term pullback while still respecting the broader ascending structure.
Biasness: MicroStrategy accelerated its holdings, buying another $1 billion in BTC to reach a total of 780,897 tokens, exhibiting strength.
Key Levels:
R1 : 75,000 R2 : 76,700
S1 : 73,000 S2 : 72,000
Data Release: No major economic data scheduled today, so price action is likely to be technically driven with potential liquidity-based moves.
Technical Analysis: BTC is facing strong resistance around 74,500–75,000, aligning with previous supply. Price is currently pulling back from this zone, indicating possible distribution or liquidity sweep. The rising trendline below remains a key dynamic support. A breakdown below 73,000 could trigger further downside toward 70,000, while holding above support keeps the bullish structure intact.
Alternative Scenario: A clean breakout and acceptance above 75,000 can invalidate the bearish pressure and push BTC toward 78,000+, continuing the higher timeframe uptrend.
While writing the report, the pair is trending at 74,009.
08 - DOW JONES
Overview: Dow Jones shows a short-term bullish recovery within a broader bearish trend, forming higher highs and higher lows. Prices are testing the 48,600 resistance and facing rejection. A pullback toward 47,400 is likely, with RSI near overbought signaling weakening momentum.
Biasness: Dow Jones is showing positive momentum today, rising around 250–300 points supported by falling oil prices and easing U.S.–Iran tensions. Tech and major stocks are driving gains, though markets remain volatile amid geopolitical and inflation concerns.
Key Levels:
R1: 48600 R2: 49100
S1: 47400 S2: 46200
Data Release Today, Import & Export Price Index data and speeches from Michael Barr and Michelle Bowman are due. Rising import prices have recently signaled inflation pressures , so these events could drive volatility in the Dow Jones and USD.
Technical Analysis: RSI is near overbought levels and flattening, suggesting weakening momentum and increasing the likelihood of a pullback in prices.
Alternative Scenario: If prices are able to breach the immediate resistance level and if 12 period EMA sustains above of 52 period then further bullishness can be seen.
While writing the report, the pair is trending at 48545.
10 - 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.
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Safe trading,
Market Investopedia Ltd
