Here are today's directional views from the global research desks of Ventura Prime FX! These are starting points for your own research to identify opportunities that make sense for you.
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DAILY NEWS BRIEF - MARKET OUTLOOK
March 9, 2026
 
   
 
Dow Jones (CME)   S&P 500 (CME)   EUR/USD   GBP/USD   USD/JPY   Gold   Silver   Crude Oil (WTI)  
 
 
  Market Wrap  
 
  U.S. Market Overview:  
 
 
The stock market rebounded on Monday, shaking off an initial decline to close higher. After a volatile trading session, indices gained ground as President Trump's comments on the Iran conflict provided a boost. Trump stated that the war with Iran is "very far ahead of schedule" and that "the war is very complete, pretty much".

The S&P 500 rose 55 points (+0.83%) to 6,795, the Nasdaq 100 gained 324 points (+1.32%) to 24,967, and the Dow increased 239 points (+0.5%) to 47,740

Sector performance was mostly positive, with Technology (XLK) and Health Care (XLV) leading the gains. Only two sectors finished lower: Financials (XLF) and Energy (XLE).
 
 
  U.S. Economic Developments:  
 
 
There were no significant economic data releases in the US today. However, a busy week of economic data lies ahead, with several key reports on the horizon. Investors will be closely watching the February inflation report, as well as the Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve's preferred inflation gauge. Other notable releases include the preliminary Michigan Consumer Sentiment index, durable goods orders, personal spending, and personal income. Additionally, the final reading on fourth-quarter GDP growth rate will also be released.
 
 
  U.S. Equity News:  
 
 
Stocks in the airline and cruise industries saw gains, with United Airlines (UAL) and Delta Air Lines (DAL) both rising 2.66%, while Carnival (CCL) increased 2.33% and Norwegian Cruise Line (NCLH) climbed 3.29%. These stocks had been under pressure earlier in the trading session due to soaring oil prices but managed to close higher following remarks from President Trump.

In contrast, travel stocks were heavily impacted, with Expedia (EXPE) tumbling 3.24% and Booking Holdings (BKNG) falling 2.41%.

Hims & Hers (HIMS) surged 40.79% after reports emerged that Novo Nordisk (NVO) plans to distribute its weight-loss drugs via the company’s telehealth platform, potentially ending a dispute between the firms. Novo Nordisk gained 3.11% on the day.

Live Nation (LYV) jumped 6.19% after Bloomberg reported that the company is nearing a settlement with the U.S. Department of Justice over an antitrust lawsuit that would allow it to keep Ticketmaster.

New additions to the S&P 500 saw gains ahead of their inclusion on March 23, including Vertiv (VRT), which rose 9.33%, Lumentum (LITE), which jumped 14.73%, Coherent (COHR), which rose 7.04%, and EchoStar (SATS), which increased 3.46%. They will replace Match Group (MTCH), Molina Healthcare (MOH), Lamb Weston (LW), and Paycom Software (PAYC).

Dow (DOW) climbed 3.09% after the stock was raised to "Outperform" from "Sector Perform" by RBC Capital.
 
 
  Europe Market Overview:  
 
 
European markets closed lower, with key indices experiencing losses. Germany's Dax fell 181 points (-0.77%) to 23,409, France's Cac 40 dropped 78 points (-0.98%) to 7,915, and the U.K.'s FTSE 100 slid 35 points (-0.34%) to 10,249.
 
 
  Global Macro, FX & Commodities:  
 
 
Rates & Risk Sentiment:

The VIX index declined sharply, falling 3.99 points (-13.53%) to 25.5 after intraday highs of 35. The US 10-year yield also decreased, slipping to 4.109%.

Precious Metals & Crude:

Precious metals had a mixed performance. Gold declined by $33.28 (-0.64%) to settle at $5,136.64, while silver bucked the trend, rising $2.12 (2.52%) to $86.46.

In energy markets, WTI crude oil prices edged lower, falling $3.83 (-4.21%) to $87.07. Notably, crude oil prices had surged to nearly $120 overnight.

The Dollar & Majors:

The dollar index slid 0.11 points (-0.11%) to 98.873.

EUR/USD dropped 3 pips (-0.03%) to 1.1615.

GBP/USD increased 21 pips (+0.16%) to 1.3432.

USD/JPY dipped 1 pip (-0.01%) to 157.78.

USD/CHF climbed 20 pips (+0.26%) to 0.7777.

AUD/USD rose 40 pips (+0.57%) to 0.707.

USD/CAD advanced 11 pips (+0.08%) to 1.3578.

Digital Assets:

Bitcoin rose $1,766 (+2.63%) to $68,985 while Ethereum gained $72 (+3.7%) to $2,030.
 
 
  After Hours  
 
 
Hewlett Packard Enterprise (HPE) rose in after-hours trading after announcing second-quarter net revenue guidance that exceeded estimates. Additionally, the company expects its full-year free cash flow to surpass expectations.
 
 
 
 
  Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
 
 
     
 
Dow Jones (CME)‎ (H6)‎ Intraday: the bias remains bullish.
 
Pivot:
47300
 
Our preference:
Long positions above 47300 with targets at 48120 & 48510 in extension.
 
Alternative scenario:
Below 47300 look for further downside with 47020 & 46665 as targets.
 
Comment:
The RSI is above its neutrality area at 50%.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
S&P 500 (CME)‎ (H6)‎ Intraday: target 6850.
 
Pivot:
6735
 
Our preference:
Long positions above 6735 with targets at 6850 & 6900 in extension.
 
Alternative scenario:
Below 6735 look for further downside with 6685 & 6650 as targets.
 
Comment:
The immediate trend remains up and the momentum is strong.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
EUR/USD intraday : the upside prevails as long as 1.1558 is support
 
Our pivot point is at 1.1558.
 
Our preference:
The upside prevails as long as 1.1558 is support
 
Alternative scenario:
Below 1.1558, expect 1.1534 and 1.1520.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1571 and 1.1558).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
GBP/USD intraday : the upside prevails as long as 1.3353 is support
 
Our pivot point is at 1.3353.
 
Our preference:
The upside prevails as long as 1.3353 is support
 
Alternative scenario:
Below 1.3353, expect 1.3314 and 1.3291.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3368 and 1.3345).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
USD/JPY intraday : our next up target stands at 159.52
 
Our pivot point is at 157.81.
 
Our preference:
Our next up target stands at 159.52
 
Alternative scenario:
Below 157.81, expect 157.19 and 156.83.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 158.34 and 158.38).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Gold Intraday: further advance.
 
Pivot:
5090
 
Our preference:
Long positions above 5090 with targets at 5175 & 5225 in extension.
 
Alternative scenario:
Below 5090 look for further downside with 5060 & 5025 as targets.
 
Comment:
The next resistances are at 5175 and then at 5225.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Silver Intraday: the upside prevails.
 
Pivot:
84.60
 
Our preference:
Long positions above 84.60 with targets at 88.10 & 90.10 in extension.
 
Alternative scenario:
Below 84.60 look for further downside with 82.80 & 81.60 as targets.
 
Comment:
The next resistances are at 88.10 and then at 90.10.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Crude Oil (WTI)‎ (J6)‎ Intraday: the downside prevails.
 
Pivot:
92.50
 
Our preference:
Short positions below 92.50 with targets at 78.10 & 74.50 in extension.
 
Alternative scenario:
Above 92.50 look for further upside with 100.30 & 105.20 as targets.
 
Comment:
The RSI has broken down its 30 level.
 
Analyst Views Chart
 
Trade
 
 
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