DAILY NEWS BRIEF - MARKET OUTLOOK

March 11, 2026

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.

Crude Oil (WTI) Gold USD/JPY EUR/USD S&P 500 (CME) GBP/USD Silver Dow Jones (CME)

Market Wrap

Market Wrap: Stocks, Bonds, Commodities

On Tuesday, major U.S. stock indexes pared early gains to close modestly lower, with the S&P 500 easing 14 points (-0.21%) to 6,781, and the Nasdaq 100 down 10 points (-0.04%) to 24,956.

The Dow Jones dipped 34 points (-0.07%) to 47,706.

Apart from saying that the war against Iran will end very soon, U.S. President Donald Trump threatened to hit Iran “20 times harder” if it disrupted the flow of oil within the Strait of Hormuz.

And Trump said he was considering easing oil sanctions on Russia.

U.S. WTI crude futures settled 11.32 dollars lower (-11.94%) at 83.45 dollars a barrel on Tuesday, but soon jumped back to 88 dollars a barrel in early Asian hours on Wednesday.

U.S. Chip stocks remained buoyed on Tuesday, with Nvidia (NVDA) rising 1.16%, Micron (MU) up 3.54%, and Intel (INTC) up 2.63%.

Data-storage companies also traded higher, with Sandisk (SNDK) gaining 5.12%, Seagate (STX) up 2.66%, and Western Digital (WDC) up 1.59%.

Centene (CNC) plummeted 15.97%. Though the health insurer reaffirmed its 2026 earnings guidance, investors seemed not impressed.

Oracle (ORCL) closed 1.43% higher, and surged over 8% in after-market hours,as the company reported 20%-plus growth rates on revenue and earnings for the first quarter in over 15 years.

The U.S. 10-year Treasury yield climbed 5.4 basis points to 4.156%.

European stocks rebounded, with the DAX 40 gaining 2.39%, the CAC 40 up 1.79%, and the FTSE 100 up 1.59%.

Gold rose 53 dollars (+1.03%) to 5,192 dollars an ounce.

Market Wrap: Forex

The U.S. dollar index declined to 98.92 on Tuesday.

Regarding U.S. economic data, existing home sales increased 1.7% month on month in February, faster than expected.

EUR/USD fell 22 pips to 1.1614.

USD/JPY gained 37 pips to 158.01. Japan's household spending fell 1.0% year on year in January (vs -2.2% expected).

GBP/USD slipped 17 pips to 1.3418, while AUD/USD rose 46 pips to 0.7119.

USD/CHF added 13 pips to 0.7784, while USD/CAD dipped 7 pips to 1.3579.

Bitcoin climbed 2% to challenge the key level of 70,000 dollars.

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.

Crude Oil (WTI)‎ (J6)‎ Intraday: limited upside.

Pivot:

83.30

Our preference:

Long positions above 83.30 with targets at 91.00 & 96.30 in extension.

Alternative scenario:

Below 83.30 look for further downside with 80.00 & 76.90 as targets.

Comment:

The RSI calls for a bounce.

Trade

Gold Intraday: the bias remains bullish.

Pivot:

5160

Our preference:

Long positions above 5160 with targets at 5235 & 5255 in extension.

Alternative scenario:

Below 5160 look for further downside with 5125 & 5090 as targets.

Comment:

The RSI has just landed on its neutrality area at 50% and is turning up.

Trade

USD/JPY Intraday: continuation of the rebound.

Pivot:

157.70

Our preference:

Long positions above 157.70 with targets at 158.40 & 158.65 in extension.

Alternative scenario:

Below 157.70 look for further downside with 157.40 & 157.15 as targets.

Comment:

The RSI is bullish and calls for further advance.

Trade

EUR/USD Intraday: consolidation.

Pivot:

1.1645

Our preference:

Short positions below 1.1645 with targets at 1.1575 & 1.1550 in extension.

Alternative scenario:

Above 1.1645 look for further upside with 1.1665 & 1.1685 as targets.

Comment:

As long as 1.1645 is resistance, look for choppy price action with a bearish bias.

Trade

S&P 500 (CME)‎ (H6)‎ Intraday: bullish bias above 6765.

Pivot:

6765

Our preference:

Long positions above 6765 with targets at 6850 & 6900 in extension.

Alternative scenario:

Below 6765 look for further downside with 6735 & 6700 as targets.

Comment:

The RSI is below its neutrality area at 50% but reversing up.

Trade

GBP/USD Intraday: consolidation in place.

Pivot:

1.3455

Our preference:

Short positions below 1.3455 with targets at 1.3385 & 1.3355 in extension.

Alternative scenario:

Above 1.3455 look for further upside with 1.3480 & 1.3500 as targets.

Comment:

As long as 1.3455 is resistance, look for choppy price action with a bearish bias.

Trade

Silver Intraday: look for 91.20.

Pivot:

86.90

Our preference:

Long positions above 86.90 with targets at 89.70 & 91.20 in extension.

Alternative scenario:

Below 86.90 look for further downside with 86.00 & 84.80 as targets.

Comment:

The RSI is bullish and calls for further advance.

Trade

Dow Jones (CME)‎ (H6)‎ Intraday: intraday support around 47500.

Pivot:

47500

Our preference:

Long positions above 47500 with targets at 48270 & 48510 in extension.

Alternative scenario:

Below 47500 look for further downside with 47300 & 47020 as targets.

Comment:

The next resistances are at 48270 and then at 48510.

Trade

TRADING FOREIGN EXCHANGE ON MARGIN CARRIES A HIGH LEVEL OF RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS.

THE POSSIBILITY EXISTS THAT YOU COULD SUSTAIN A LOSS OF SOME OR ALL OF YOUR INITIAL INVESTMENT AND THEREFORE YOU SHOULD NOT INVEST MONEY THAT YOU CANNOT AFFORD TO LOSE.

THE HIGH DEGREE OF LEVERAGE CAN WORK AGAINST YOU AS WELL AS FOR YOU. BEFORE DECIDING TO TRADE FOREIGN EXCHANGE OR CFD’S YOU SHOULD CAREFULLY CONSIDER YOUR INVESTMENT OBJECTIVES, LEVEL OF EXPERIENCE, AND RISK APPETITE.

YOU SHOULD BE AWARE OF ALL THE RISKS ASSOCIATED WITH FOREIGN EXCHANGE AND OTHER CFD TRADING, AND SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR IF YOU HAVE ANY DOUBTS. VPFX RECOMMENDS READING THE RISK DISCLOSURE SECTION OF THE PROSPECTUS FOR ANY FINANCIAL PRODUCT MENTIONED.

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