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 17, 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 inch higher after both the S&P 500 (up 18 points or 0.26% to 7,041) and the Nasdaq 100 (up 128 points or 0.49% to 26,333) scored record-high closing levels for a second straight session yesterday.

The Dow Jones closed 115 points higher (+0.24%) at 48,578.

U.S. President Donald Trump said Israel and Lebanon agreed to a 10-day ceasefire, adding that the U.S. and Iran may meet again over the weekend.

In addition, Donald Trump said at an event in Las Vegas that Iran conflict "should be ending pretty soon."

No major economic stat is expected today in the U.S.

European stock indices trade mostly slightly higher. On the stat plan, eurozone's trade balance surplus came in at 11.5 billion euros in February, compared with a 1.0 billion euros deficit in January (revised from a 1.9 billion euros deficit) and a 9.8 billion euros surplus expected.

Asian indexes mostly fell following the recent rally as investors remain cautious regarding the conflict in Middle-East.

WTI crude oil prices decline after hitting resistance at 95.00 dollars.

Gold and silver both gain ground, trading near key technical resistances.

Bitcoin holds above 75,000 dollars after closing above that level for the first time since February 3.
 
 
  Premarket news  
 
 
Netflix (NFLX), a video streaming service, plunges after issuing weak current quarter guidance and announcing founder Reed Hastings will not stand for re-election to the board when his term expires in June.

Alcoa (AA), an aluminum producer, drops as quarterly financial figures missed expectations.

Uber Technologies (UBER), a technology platform, agreed to purchase an additional 4.5% of shares of German delivery platform Delivery Hero from the company’s biggest shareholder Prosus. Total gross proceeds to Prosus are approximately 318 million dollars.
 
 
  Expected Today  
 
 
Truist Financial (TFC)

Fifth Third (FITB)

State Street (STT)
 
 
  Canada  
 
 
On Thursday, the S&P/TSX Composite Index fell 0.3% to 34,052 and the S&P/TSX 60 Index dropped 0.39% to 1,979.

Silvercorp Metals (SVM), a mining company, reported quarterly sales up 96% to 147.4 million dollars. Silver, lead and zinc production declined year-on-year. The company expects higher ore and metal output for current fiscal year but also anticipates increased costs.

Lundin Mining (LUN), a mining company, said that "revenue in the first quarter 2026 is expected to be positively impacted by unaudited provisional pricing adjustments on prior period concentrate sales of approximately 22 million dollars on a pre-tax basis." The company also said that "items of significant impact in the first quarter 2026 are expected to include unaudited realized losses on derivative contracts of approximately 13 million dollars, primarily related to gold collar contracts."
 
 
 
 
  Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
 
 
     
 
Crude Oil (WTI)‎ (M6)‎ Intraday: caution.
 
Pivot:
84.10
 
Our preference:
Short positions below 84.10 with targets at 78.70 & 75.20 in extension.
 
Alternative scenario:
Above 84.10 look for further upside with 87.30 & 90.25 as targets.
 
Comment:
The upward potential is likely to be limited by the resistance at 84.10.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
EUR/USD intraday : the upside prevails as long as 1.1783 is support
 
Our pivot point is at 1.1783.
 
Our preference:
The upside prevails as long as 1.1783 is support
 
Alternative scenario:
Below 1.1783, expect 1.1759 and 1.1745.
 
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 1.1800 and 1.1788).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
GBP/USD intraday : the upside prevails as long as 1.3513 is support
 
Our pivot point is at 1.3513.
 
Our preference:
The upside prevails as long as 1.3513 is support
 
Alternative scenario:
Below 1.3513, expect 1.3465 and 1.3436.
 
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 1.3540 and 1.3532).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
USD/JPY intraday : the RSI is oversold
 
Our pivot point is at 158.48.
 
Our preference:
The downside prevails as long as 158.48 is resistance
 
Alternative scenario:
Above 158.48, look for 158.96 and 159.25.
 
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 below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 158.91 and 159.11).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Gold Intraday: the bias remains bullish.
 
Pivot:
4835
 
Our preference:
Long positions above 4835 with targets at 4910 & 4940 in extension.
 
Alternative scenario:
Below 4835 look for further downside with 4805 & 4785 as targets.
 
Comment:
Investors have to remain cautious since these levels may trigger profit taking.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Silver Intraday: limited upside.
 
Pivot:
81.00
 
Our preference:
Long positions above 81.00 with targets at 84.30 & 85.40 in extension.
 
Alternative scenario:
Below 81.00 look for further downside with 79.70 & 78.60 as targets.
 
Comment:
Investors have to remain cautious since these levels may trigger profit taking.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Dow Jones (CME)‎ (M6)‎ Intraday: caution.
 
Pivot:
49350
 
Our preference:
Long positions above 49350 with targets at 49910 & 50125 in extension.
 
Alternative scenario:
Below 49350 look for further downside with 49060 & 48835 as targets.
 
Comment:
Investors have to remain cautious since these levels may trigger profit taking.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
S&P 500 (CME)‎ (M6)‎ Intraday: watch 7200.
 
Pivot:
7115
 
Our preference:
Long positions above 7115 with targets at 7200 & 7250 in extension.
 
Alternative scenario:
Below 7115 look for further downside with 7085 & 7045 as targets.
 
Comment:
Investors have to remain cautious since these levels may trigger profit taking.
 
Analyst Views Chart
 
Trade
 
 
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