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
April 2, 2026
 
   
 
Crude Oil (WTI)   EUR/USD   GBP/USD   USD/JPY   Gold   Silver   Dow Jones (CME)   S&P 500 (CME)  
 
 
  Market Wrap  
 
  Market Wrap: pre-opening session  
 
 
U.S. market futures fall after Donald Trump's speech. The U.S. President said his country is on track to complete all military objectives in Iran very shortly but warned that the U.S. will hit Iran "extremely hard" over the next 2 to 3 weeks.

On Wednesday, U.S. stocks extended their rebound to a second session, with the Nasdaq 100 advancing a further 279 points (+1.18%) to 24,019, and the S&P 500 up 46 points (+0.72%) to 6,575.

The Dow Jones closed 224 points higher (+0.48%) at 46,565.

On the stat front in the U.S. the weekly initial jobless claims are estimated at 213,000. Separately, trade deficit for February is expected at 60 billion dollars.

In Canada trade deficit for February is estimated at 1.8 billion Canadian dollars.

European indices decline, led down by tech stocks.

Asian indexes reversed initial gains to close red following Trump's speech. On the stat side, Australia's trade surplus for February totaled 5.7 billion Australian dollars, above 1.5 billion Australian dollars estimated.

WTI crude oil prices surge to currently trade around 106.00 dollars.

Gold and silver both drop.

Bitcoin is badly oriented, trading around 66,000 dollars.
 
 
  Premarket news  
 
 
Exxon Mobil (XOM), Chevron (CVX) and other oil producers rise as oil strongly jumps. On the other hand, airlines such as Delta (DAL) lose ground.

Estee Lauder (EL), a cosmetics company, is making progress regarding a potential merger with Spanish peer Puig, according to Bloomberg.
 
 
  Expected Today  
 
 
Acuity (AYI)
 
 
  Canada  
 
 
On Wednesday, the S&P/TSX Composite Index gained 0.58% to 32,957 and the S&P/TSX 60 Index added 0.44% to 1,913.

GFL Environmental (GFL), a waste management services company, raised quarterly dividend by 10% to 0.0169 dollar per share.

Wheaton Precious Metals (WPM), a mining company, agreed to buy a gold and silver stream on the Jervois Project in Australia through a partnership with KGL Resources. The company will pay KGL total upfront cash consideration of 275 million dollars.

Methanex (MX), a methanol supplier, was cut to "sector perform" from "outperform" at RBC.

Transcontinental (TCL/A), a marketing services company, agreed to buy PDI Group "to accelerate growth of its in-store marketing activities".

D2L (DTOL), an online learning platform, reported quarterly adjusted Ebitda down to 8.1 million dollars from 9.4 million dollars a year earlier. Sales rose 5% to 55.8 million dollars.

Groupe Dynamite (GRGD)'s, a retailer, target price was raised to 118 dollars from 110 dollars at Barclays.

Goeasy (GSY)'s, a non-prime consumer lender, target price was cut to 39 dollars from 50 dollars at Jefferies.
 
 
 
 
  Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
 
 
     
 
Crude Oil (WTI)‎ (K6)‎ Intraday: bullish bias above 106.50.
 
Pivot:
106.50
 
Our preference:
Long positions above 106.50 with targets at 113.00 & 117.00 in extension.
 
Alternative scenario:
Below 106.50 look for further downside with 103.70 & 101.50 as targets.
 
Comment:
The RSI is above its neutrality area at 50%.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
EUR/USD intraday : Rebound
 
Our pivot point is at 1.1524.
 
Our preference:
Rebound
 
Alternative scenario:
Below 1.1524, expect 1.1500 and 1.1486.
 
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 stands above its 20 period moving average (1.1528) but below its 50 period moving average (1.1559). Finally, the EUR/USD is trading above its upper Bollinger band (standing at 1.1547).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
GBP/USD intraday : Rebound
 
Our pivot point is at 1.3196.
 
Our preference:
Rebound
 
Alternative scenario:
Below 1.3196, expect 1.3156 and 1.3132.
 
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 stands above its 20 period moving average (1.3211) but below its 50 period moving average (1.3259).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
USD/JPY intraday : target 158.36
 
Our pivot point is at 159.77.
 
Our preference:
Target 158.36
 
Alternative scenario:
Above 159.77, look for 160.26 and 160.55.
 
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (159.56) but above its 50 period moving average (159.16).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Gold Intraday: turning down.
 
Pivot:
4695
 
Our preference:
Short positions below 4695 with targets at 4540 & 4485 in extension.
 
Alternative scenario:
Above 4695 look for further upside with 4750 & 4800 as targets.
 
Comment:
As long as 4695 is resistance, expect a return to 4540.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Silver Intraday: key resistance at 73.20.
 
Pivot:
73.20
 
Our preference:
Short positions below 73.20 with targets at 68.90 & 67.60 in extension.
 
Alternative scenario:
Above 73.20 look for further upside with 74.80 & 76.10 as targets.
 
Comment:
The upward potential is likely to be limited by the resistance at 73.20.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Dow Jones (CME)‎ (M6)‎ Intraday: further advance.
 
Pivot:
46390
 
Our preference:
Long positions above 46390 with targets at 47050 & 47280 in extension.
 
Alternative scenario:
Below 46390 look for further downside with 46090 & 45730 as targets.
 
Comment:
The next resistances are at 47050 and then at 47280.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
S&P 500 (CME)‎ (M6)‎ Intraday: bullish bias above 6550.
 
Pivot:
6550
 
Our preference:
Long positions above 6550 with targets at 6690 & 6720 in extension.
 
Alternative scenario:
Below 6550 look for further downside with 6490 & 6450 as targets.
 
Comment:
The break above 6550 is a positive signal that has opened a path to 6690.
 
Analyst Views Chart
 
Trade
 
 
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