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 8, 2026
 
   
 
Crude Oil (WTI)   Gold   EUR/USD   GBP/USD   USD/JPY   Silver   Dow Jones (CME)   S&P 500 (CME)  
 
 
  Market Wrap  
 
  Market Wrap: pre-opening session  
 
 
U.S. market futures jump as Donald Trump said he agreed to suspend airstrikes on Iran for two weeks on condition that Iran reopens the Strait of Hormuz.

On Tuesday, major U.S. stock indexes pared early losses to close little changed, with the S&P 500 edging up 5 points (+0.08%) to 6,616, and the Nasdaq 100 up 10 points (+0.04%) to 24,202.

The Dow Jones was down 85 points (-0.18%) to 46,584.

Health insurance stocks jumped, with UnitedHealth (UNH) surging 9.37% and Humana (HUM) up 7.94%, following the U.S. government's announcement of a higher-than-expected increase in payment rate in the Medicare program.

Broadcom (AVGO) surged 6.21%. The chip maker signed major deals to supply Google and Anthropic with next-generation artificial intelligence (AI) chips.

On the stat front in the U.S., the Federal Reserve will release its latest FOMC meeting minutes.

European stock indices are trading sharply higher. On the economic front, in the eurozone, producer prices fell 3% year on year in February, versus -2.9% expected, after -2% in January. Meanwhile, in Germany, industrial orders rose 0.9% month on month in February, versus +5.7% expected, after -11.1% in January.

Asian indexes jumped. On the stat side, the Reserve Bank of New Zealand kept its benchmark rate unchanged at 2.25% as expected.

After Trump removed the imminent Iran deadline, oil prices tumbled, with U.S. WTI crude oil prices currently down around 15% to 95 dollars a barrel.

Gold and silver are jumping.

Bitcoin is consolidating around 71,600 dollars after a sharp rise.
 
 
  Premarket news  
 
 
Levi Strauss (LEVI), a designer and seller of a variety of clothing products, surges after boosting its full-year sales and profit forecast.

Delta Air Lines (DAL), one of the world's largest airlines, reported first-quarter revenue up 9.4% to 15.85 billion dollars.

Alibaba Group (BABA): according to CNBC, the Chinese technology giant is considering launching with China Telecom, a data center in southern China powered by chips designed by Alibaba.

Deere & Co (DE), a manufacturer of agricultural and construction equipment, was upgraded to "hold" from "underweight" at Jefferies.

CSX (CSX), an international freight transportation company, was downgraded to "neutral" from "buy" at Citi.
 
 
  Expected Today  
 
 
Delta Air Lines (DAL)

Constellation Brands (STZ)

RPM International (RPM)
 
 
  Canada  
 
 
On Tuesday, the S&P/TSX Composite Index gained 0.17% to 33,237 and the S&P/TSX 60 Index rose 0.22% to 1,931.

Endeavour Silver (EDR), the mining company, unveiled first quarter gold production up 41% to 11,740 ounces and silver production up 56% to 1,875,375 ounces.

Stella-Jones (SJ), a leading North American producer of industrial pressure-treated wood products, was downgraded to "sector perform" from "outperform" at National Bank of Canada.

Alamos Gold (AGI): Canaccord Genuity raised its price target on the gold miner to 80 dollars from 72 dollars.

Imperial Oil (IMO): JPMorgan raised its price target on the energy company to 155 dollars from 108 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)‎ (K6)‎ Intraday: choppy.
 
Pivot:
98.60
 
Our preference:
Short positions below 98.60 with targets at 91.00 & 84.40 in extension.
 
Alternative scenario:
Above 98.60 look for further upside with 103.00 & 107.50 as targets.
 
Comment:
Technically the RSI is below its neutrality area at 50.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Gold Intraday: under pressure.
 
Pivot:
4835
 
Our preference:
Short positions below 4835 with targets at 4705 & 4655 in extension.
 
Alternative scenario:
Above 4835 look for further upside with 4950 & 5040 as targets.
 
Comment:
The RSI is below its neutrality area at 50%
 
Analyst Views Chart
 
Trade
 
 
 
 
 
EUR/USD intraday : as long as 1.1666 is support look for 1.1738
 
Our pivot point is at 1.1666.
 
Our preference:
As long as 1.1666 is support look for 1.1738
 
Alternative scenario:
Below 1.1666, expect 1.1642 and 1.1628.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (1.1694) but above its 50 period moving average (1.1654).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
GBP/USD intraday : as long as 1.3394 is support look for 1.3527
 
Our pivot point is at 1.3394.
 
Our preference:
As long as 1.3394 is support look for 1.3527
 
Alternative scenario:
Below 1.3394, expect 1.3351 and 1.3325.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (1.3443) but above its 50 period moving average (1.3376).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
USD/JPY intraday : rebound towards 159.33
 
Our pivot point is at 157.88.
 
Our preference:
Rebound towards 159.33
 
Alternative scenario:
Below 157.88, expect 157.39 and 157.10.
 
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 above its 20 period moving average (158.28) but below its 50 period moving average (158.82).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Silver Intraday: intraday support around 75.70.
 
Pivot:
75.70
 
Our preference:
Long positions above 75.70 with targets at 78.00 & 80.20 in extension.
 
Alternative scenario:
Below 75.70 look for further downside with 74.60 & 73.60 as targets.
 
Comment:
The RSI is around its neutrality area at 50%
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Dow Jones (CME)‎ (M6)‎ Intraday: target 48500.
 
Pivot:
47680
 
Our preference:
Long positions above 47680 with targets at 48500 & 48750 in extension.
 
Alternative scenario:
Below 47680 look for further downside with 47300 & 47050 as targets.
 
Comment:
The next resistances are at 48500 and then at 48750.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
S&P 500 (CME)‎ (M6)‎ Intraday: target 6925.
 
Pivot:
6755
 
Our preference:
Long positions above 6755 with targets at 6880 & 6925 in extension.
 
Alternative scenario:
Below 6755 look for further downside with 6710 & 6660 as targets.
 
Comment:
The next resistances are at 6880 and then at 6925.
 
Analyst Views Chart
 
Trade
 
 
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