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 13, 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 are edging higher before the release of several economic stats and as oil prices remain high.

On Thursday, major U.S. stock indexes slid over 1.5%, with the S&P 500 falling 103 points (-1.52%) to 6,672, and the Nasdaq 100 down 431 points (-1.73%) to 24,533.

The Dow Jones tumbled 739 points (-1.56%) to 46,677.

Market sentiment was heavily dragged by surging oil prices. U.S. WTI crude futures yesterday jumped 8.48 dollars (+9.72%) to 95.73 dollars a barrel.

On the stat front in the U.S. the second estimate of the second quarter gross domestic product growth on a quarterly basis will be released. It was 1.4% in first reading. Separately, the core personal consumption expenditures price index is expected to stay at 3.0% year-on-year in January. Also, durable goods orders are estimated to increase by 0.3% month-on-month in January after a 1.4% decrease in December. Additionally, personal spending and personal income are seen up by 0.3% and 0.2% on a monthly basis in January respectively. Lastly, the Michigan consumer sentiment index is expected at 55.0 in March in first reading vs 56.6 in February.

In Canada, jobless rate is expected to climb to 6.7% from 6.5% in January.

European indices trade mostly slightly lower yet rebounding sharply from their session lows. On the stat side, U.K.'s GDP stalled in January on a monthly basis after a 0.1% growth in December. Separately, eurozone's industrial production decreased 1.5% in January on a monthly basis vs +0.9% anticipated and -0.6% in December (revised from -1.4%).

Asian indexes dropped tracking Wall Street's losses.

WTI crude oil prices consolidate after yesterday's jump.

Gold and silver both ease on fading Fed rate cut hopes.

Bitcoin gains ground, currently trading above 72,000 dollars.
 
 
  Premarket news  
 
 
Ulta Beauty (ULTA), an operator of a chain of beauty retailers, tumbles as quarterly earnings disappointed investors.

Adobe (ADBE), a developer of software products, drops after announcing that "Shantanu Narayen, who has served as CEO of Adobe for eighteen years, has decided to transition from his position as CEO after a successor has been appointed. Narayen will remain as Chair of the Board." This announcement overshadows the release of quarterly financial figures that beat estimates.

Lennar (LEN), a homebuilder, loses ground as quarterly financial figures missed expectations.

Rubrik (RBRK), a security and AI operations company, gains ground on better-than-expected quarterly financial figures. Current quarter sales forecast also topped estimates.

SentinelOne (S), a cybersecurity company, is badly oriented on weak current quarter earnings outlook.

Insulet (PODD), an innovative medical device company dedicated to simplifying life for people with diabetes and other conditions through its Omnipod product platform, drops after "initiating a voluntary Medical Device Correction for specific lots of Omnipod 5 Pods in the U.S. after identifying a manufacturing issue through its ongoing product monitoring."
 
 
  Expected Today  
 
 
No major earnings expected
 
 
  Canada  
 
 
On Thursday, the S&P/TSX Composite Index fell 0.84% to 32,841, and the S&P/TSX 60 Index dropped 0.70% to 1,903.

Wheaton Precious Metals (WPM), a mining company, reported full-year net income up to 1.47 billion dollars from 529 million dollars a year earlier. Sales rose 80.2% to 2.31 billion dollars, beating estimates. The company increased quarterly dividend by 18% to 0.165 dollar per share.

CAE (CAE)'s, a worldwide leader in training for the civil aviation, defence and security, and healthcare markets, target price was raised to 49 dollars from 38 dollars at Canaccord Genuity.

Enghouse Systems (ENGH), a software company, posted quarterly adjusted Ebitda down to 31.1 million dollars from 33.1 million dollars a year ago, on sales down to 120.1 million dollars from 124.0 million dollars a year earlier. Both figures missed expectations. The company increased quarterly dividend by 3.3% to 0.31 dollar per share.

TerrAscend (TSND), a cannabis company, unveiled quarterly adjusted Ebitda from continuing operations slightly down to 16.7 million dollars from 17.0 million dollars a year earlier. Sales rose to 66.1 million dollars, slightly above estimates, from 65.1 million dollars a year ago.
 
 
 
 
  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: bullish bias above 92.75.
 
Pivot:
92.75
 
Our preference:
Long positions above 92.75 with targets at 98.00 & 100.50 in extension.
 
Alternative scenario:
Below 92.75 look for further downside with 90.30 & 88.75 as targets.
 
Comment:
The next resistances are at 98.00 and then at 100.50.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
EUR/USD intraday : rebound towards 1.1502
 
Our pivot point is at 1.1429.
 
Our preference:
Rebound towards 1.1502
 
Alternative scenario:
Below 1.1429, expect 1.1406 and 1.1392.
 
Comment:
The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1467 and 1.1496).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
GBP/USD intraday : rebound towards 1.3330
 
Our pivot point is at 1.3212.
 
Our preference:
Rebound towards 1.3330
 
Alternative scenario:
Below 1.3212, expect 1.3173 and 1.3150.
 
Comment:
The RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3274 and 1.3319).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
USD/JPY intraday : look for a drop towards 158.88 before a bounce
 
Our pivot point is at 158.88.
 
Our preference:
Look for a drop towards 158.88 before a bounce
 
Alternative scenario:
Below 158.88, expect 158.25 and 157.88.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price is above its 20 and 50 period moving average (respectively at 159.38 and 159.33).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Gold Intraday: under pressure.
 
Pivot:
5125
 
Our preference:
Short positions below 5125 with targets at 5015 & 4995 in extension.
 
Alternative scenario:
Above 5125 look for further upside with 5155 & 5185 as targets.
 
Comment:
The RSI is below its neutrality area at 50%
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Silver Intraday: the downside prevails.
 
Pivot:
83.00
 
Our preference:
Short positions below 83.00 with targets at 79.60 & 77.90 in extension.
 
Alternative scenario:
Above 83.00 look for further upside with 84.40 & 85.60 as targets.
 
Comment:
The RSI is below its neutrality area at 50%
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Dow Jones (CME)‎ (H6)‎ Intraday: towards 46460.
 
Pivot:
47030
 
Our preference:
Short positions below 47030 with targets at 46460 & 46160 in extension.
 
Alternative scenario:
Above 47030 look for further upside with 47240 & 47480 as targets.
 
Comment:
A break below 46460 would trigger a drop towards 46160.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
S&P 500 (CME)‎ (H6)‎ Intraday: aim @ 6640.
 
Pivot:
6710
 
Our preference:
Short positions below 6710 with targets at 6640 & 6600 in extension.
 
Alternative scenario:
Above 6710 look for further upside with 6735 & 6760 as targets.
 
Comment:
The RSI is below its neutrality area at 50%
 
Analyst Views Chart
 
Trade
 
 
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