Monthly Archives: April 2026
After a 50% surge and 18 straight rises, the SOX reaches extreme overbought territory, testing forecasts
Written on April 28, 2026 at 9:54 am, by davin
SOX surged 50%, hitting record RSI5 extremes; history signals near-term drop, mixed longer returns, Elliott pullback then rally.
Markets eye central bank meetings and Iran news, while the US Dollar Index hovers cautiously around 98.50
Written on April 28, 2026 at 9:53 am, by davin
Dollar index steadies near 98.50 as markets await major central bank decisions; oil, gold supported by tensions.
Gold falls under $4,700 as stalled US-Iran talks bolster yields, lifting demand for the Dollar
Written on April 28, 2026 at 9:24 am, by davin
Gold dipped to $4,673 as dollar rebounded, US-Iran talks stalled, yields rose and risk appetite softened.
TD Securities expects the Fed to hold rates at 3.50–3.75%, with Powell remaining neutral amid Iran tensions
Written on April 28, 2026 at 9:23 am, by davin
TD Securities expects Fed to hold rates in April, Powell cautious; cuts seen from September 2026.
WTI remains near $95 a barrel, lifted by stalled US-Iran talks and Hormuz disruption fears keeping volatility elevated
Written on April 28, 2026 at 8:54 am, by davin
WTI steadied near $95 as US-Iran Strait of Hormuz disruption persisted, stranding vessels; technicals stayed bullish.
Rabobank’s Jane Foley says BoJ hike odds slipped to June after Ueda withheld guidance at IMF meetings
Written on April 28, 2026 at 8:53 am, by davin
Ueda’s cautious IMF comments shift Bank of Japan rate-rise expectations from this week to June, awaiting core inflation.
The US two-year note auction yield fell to 3.812%, down from the prior 3.936% yield
Written on April 28, 2026 at 8:24 am, by davin
US Treasury’s 2-year note auction yield fell to 3.812%, down 12.4 basis points from 3.936%.
Cautious markets, amid stalled US-Iran talks, see EUR trim earlier gains versus USD, limiting dollar decline
Written on April 28, 2026 at 8:23 am, by davin
EUR/USD retreated as US-Iran talks stalled, boosting dollar; focus shifts to Fed/ECB, technicals remain mildly bullish.
The US five-year note auction yield eased to 3.955%, down from the prior 3.98%
Written on April 28, 2026 at 7:53 am, by davin
U.S. auction of 5-year Treasury notes saw yields dip to 3.955% from 3.98% previously.
As traders anticipate a BoJ hawkish hold, USD/JPY hovers near 159.30 while the Yen strengthens
Written on April 28, 2026 at 7:53 am, by davin
USD/JPY hovers near 159.30 ahead of BoJ decision; yen firms, dollar supported, momentum neutral.
