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
October 12, 2026
 
   
 
Crude Oil (WTI)   Gold   GBP/USD   USD/JPY   EUR/USD   Silver   Dow Jones (CME)   S&P 500 (CME)  
 
 
  Market Wrap  
 
  Market Wrap: Stocks, Bonds, Commodities  
 
 
On Friday, the S&P 500 gained 46 points (+0.59%) to 7,811, and the Nasdaq 100 advanced 157 points (+0.51%) to 30,883, with both rebounding after two losing sessions.

The Dow Jones rose 423 points (+0.83%) to 51,654.

On a weekly basis, the Nasdaq 100 added 0.24%, posting a four-week winning streak.

Among mega-caps, Amazon (AMZN) rose 3.32%, Microsoft (MSFT) gained 2.39%, and Tesla (TSLA) advanced 2.06%.

Optical and AI infrastructure stocks outperformed the market, with Ciena (CIEN) bouncing 5.60%, Lumentum (LITE) up 5.22%, and Oracle (ORCL) up 4.21%.

Moderna (MRNA) jumped 14.21% after rejoining the Nasdaq 100. The stock was also boosted by reports that the U.S. National Institutes of Health (NIH) backed a nationwide initiative to accelerate personalized cancer vaccine development.

Humana (HUM) jumped 11.56% on expectations that the health insurer has a higher chance of receiving billions of dollars in government quality bonus payments.

SpaceX (SPCX) gained 1.25% after agreeing to buy nationwide 800 MHz wireless spectrum for about 8 billion dollars from Grain Management for its Starlink Mobile service. The deal pressured wireless carriers, with T-Mobile (TMUS) tumbling 13.27%, AT&T (T) down 10.82%, and Verizon Communications (VZ) down 10.14%.

The U.S. 10-year Treasury yield edged up less than one basis point to 5.242%.

European stocks also closed higher, with the DAX 40 rising 1.13%, the CAC 40 up 0.95%, and the FTSE 100 advancing 1.06%.

U.S. President Donald Trump said Russian President Vladimir Putin agreed to supply diesel to U.S. and global markets. Trump later called for Ukraine to replace President Volodymyr Zelenskyy, citing Ukraine’s attacks on Russian refineries.

On Sunday, Trump made a surprise announcement claiming an immediately effective energy ceasefire agreed upon by both Russia and Ukraine. However, Zelenskyy said he was still waiting to see details of the deal.

In early Asian trading hours on Monday, U.S. WTI crude futures declined 0.93 dollars further to 90.92 dollars a barrel.

Spot gold dipped to 4,190 dollars an ounce.
 
 
  Market Wrap: Forex  
 
 
In early Asian trading hours on Monday, the U.S. dollar was stable, with EUR/USD holding around 1.1200 and USD/JPY trading at 158.20.

On a weekly basis, the euro fell for a fifth consecutive week against the dollar. Meanwhile, risk premiums on French and Italian government debt showed signs of easing.

Regarding U.S. economic data, the University of Michigan Consumer Sentiment Index declined to 46.3 in October, coming in lower than expected.

GBP/USD was stable at 1.3238, while AUD/USD traded slightly higher at 0.6986.

USD/CAD remained buoyed at 1.4262. Canada's data showed that the number of full-time jobs dropped by 35,400 in September, contrasting with expectations for an addition of 38,000, while the jobless rate edged up to 6.5%.

Bitcoin showed resilience, rebounding to 83,600 dollars.
 
 
  Morning Trading  
 
 
In Asian trading hours, EUR/USD was broadly flat at 1.1207, while GBP/USD edged up to 1.3242.

Meanwhile, USD/JPY was little changed at 158.23.

Gold rebounded to 4,207 dollars.

Bitcoin was steady at 83,720 dollars.
 
 
  Expected Today  
 
 
No major economic data is scheduled for release today.
 
 
 
 
  Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
 
 
     
 
Crude Oil (WTI)‎ (Z6)‎ intraday: watch 87.40.
 
Pivot:
91.80
 
Our preference:
Short positions below 91.80 with targets at 87.40 & 86.00 in extension.
 
Alternative scenario:
Above 91.80 look for further upside with 92.90 & 93.90 as targets.
 
Comment:
The RSI shows downside momentum.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Gold intraday : Watch 4,240
 
Our pivot point is at 4,151.
 
Our preference:
The upside prevails as long as 4,151 is support, with 4,240 and 4,264 as targets
 
Alternative scenario:
Below 4,151, expect 4,112 and 4,088.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 4,198 and 4,191).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
GBP/USD intraday : Watch 1.3274
 
Our pivot point is at 1.3216.
 
Our preference:
The upside prevails as long as 1.3216 is support, with 1.3274 and 1.3289 as targets
 
Alternative scenario:
Below 1.3216, expect 1.3191 and 1.3176.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 1.3240 and 1.3236).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
USD/JPY intraday : Pivotal moment
 
Our pivot point is at 158.43.
 
Our preference:
Under pressure below 158.43, with 157.41 and 157.17 as targets
 
Alternative scenario:
Above 158.43, look for 158.84 and 159.08.
 
Comment:
Price is close to our pivot level; this could be the last opportunity for a reversal.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
EUR/USD intraday : On the edge of pivot level
 
Our pivot point is at 1.1198.
 
Our preference:
The upside prevails as long as 1.1198 is support, with 1.1241 and 1.1253 as targets
 
Alternative scenario:
Below 1.1198, expect 1.1178 and 1.1166.
 
Comment:
Price is close to our pivot level; this could be the last opportunity for a reversal.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Silver intraday : Aim at 62.10
 
Our pivot point is at 59.97.
 
Our preference:
The upside prevails as long as 59.97 is support, with 62.10 and 62.68 as targets
 
Alternative scenario:
Below 59.97, expect 59.01 and 58.43.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 60.96 and 60.66).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Dow Jones (CME)‎ (Z6)‎ intraday: expect 52500.
 
Pivot:
51615
 
Our preference:
Long positions above 51615 with targets at 52250 & 52500 in extension.
 
Alternative scenario:
Below 51615 look for further downside with 51210 & 50915 as targets.
 
Comment:
The RSI shows upside momentum.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
S&P 500 (CME)‎ (Z6)‎ intraday: the upside prevails.
 
Pivot:
7830
 
Our preference:
Long positions above 7830 with targets at 7900 & 7950 in extension.
 
Alternative scenario:
Below 7830 look for further downside with 7784 & 7750 as targets.
 
Comment:
The RSI shows upside momentum.
 
Analyst Views Chart
 
Trade
 
 
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