Stanislav_Bernukhov_Exness

Stanislav_Bernukhov_Exness

CME Group posted $1.64 billion in revenue (+10% YoY) and $2.80 EPS, beating forecasts. Net income surpassed $1 billion, and ADV rose 13% YoY to 29.8 million contracts, with record volumes across all major asset classes—including rates, equities, commodities, and crypto. From a technical point of view, the stock positions around the static support level of $270....

Stanislav_Bernukhov_Exness

Another name on our list is Tencent. Tencent Holdings Ltd. is a Chinese multinational technology and entertainment conglomerate, one of the largest companies in the world by market capitalization. Headquartered in Shenzhen, China, it was founded in 1998 by Pony Ma and several co-founders. It benefits from the rebound of AI narrative, and develops a rally, which...

Stanislav_Bernukhov_Exness

NFLX is gaining strength. Fundamentals: Netflix reported a 12.5% year-over-year increase in Q1 revenue, reaching $10.54 billion and surpassing expectations. Adjusted EPS rose by ~25% YoY to $6.61, coming in 16% above consensus estimates. The company also issued bullish Q2 guidance, forecasting 15.4% revenue growth, supported by solid momentum in both subscriber...

Stanislav_Bernukhov_Exness

Crude oil accelerates the momentum as the geopolitical situation escalates. Volatility is high, so trading might be dangerous both for longs and shorts, especially for day or short-term traders. So, it would make sense to wait for a while until the “smoke goes down” and the price would establish a temporary trading range, which would later be broken to any...

Stanislav_Bernukhov_Exness

The S&P 500 index has been moving in a perfectly sideways direction without any clear directional bias. This week had increased volatility a little bit, but not too much: the price was consolidating in a narrowing triangle, having expanded it to some extent. It’s possible to observe a continuation of a sideways action, at least until the interest rate decision...

Stanislav_Bernukhov_Exness

The S&P 500 index is concentrating in the massive triangle below the psychological level of $6000, and given the overall neutral to good market sentiment, it’s not expected to plummet from this area before testing the area of $6000-6200. Should the breakout of this zone happen, it’s not expected to be sustainable and may quickly revert back to the range, as...

Stanislav_Bernukhov_Exness

The interesting storyline may be developing around Japanese Yen and its cross-pairs (especially against European currencies). GBPJPY, for example, is concentrating inside of a massive trading range, as volatility for this pair has dropped to a one-year low. Yields of 30-year bonds for Japan has been peaking to a historical high, but now they start to rebound. The...

Stanislav_Bernukhov_Exness

Crude oil is losing volatility, having locked in a narrow trading range. Usually that deprives the market from a directional bias, but increases the odds of spikes and quick liquidity moves to the edges of the trading range and beyond with a possible mean-reversion activity followed after (as shown at the chart). Given the lack of driving narratives, it’s...

Stanislav_Bernukhov_Exness

Nasdaq index might be supported after AI-narrative getting back to the markets fueled by NVDA’s better than expected earnings for Q1 2025. The position of the price is close to the 20-day moving average, which makes a trade location potentially good for starting the upswing to the target area of $22,000. Traders will watch the publication of ISM Manufacturing...

Stanislav_Bernukhov_Exness

As safe havens get in play again, with greenback falling and bond markets shifting down, Gold feels pretty robust, and may support the upward flow, at least for a while. The bullish swing for Gold is not new, but some development to the upside would be logical. Gold currently doesn’t seem to have any pressure from higher yields of bonds, including inflation...

Stanislav_Bernukhov_Exness

ETHUSD is aligning with the overall cryptocurrency trend, led by Bitcoin. Compared with the latter, ETH has an MVRV indicator positioned at approximately 1.3, which makes the trend for ETH a relatively young trend, thus having a potential for continuation. Bitcoin is positioned at peak, which makes it relatively difficult for traders to join: stop-loss should be...

Stanislav_Bernukhov_Exness

A bullish situation is continuing to build on DAX (German index). Unlike US indices, it has renewed the historical high and displays notable strength, as the US dollar pushes down. “Sell America” narrative helps it to consistently climb higher without any pullbacks, forming small consolidations all the way during the rally. The previous “coil” (a very narrow...

Stanislav_Bernukhov_Exness

Nasdaq had held steadily above the 200-day moving average, eliminating all losses imposed by the tariff situation. Even though the situation doesn’t look resolved right now, parameters of tech stocks are improving: breadth and strength are improving for the last month. The tech sector has been outperforming other sectors with the recovery of NVDA, TSLA, AAPL and...

Stanislav_Bernukhov_Exness

Gold had entered the consolidation phase after completing the “bullish trap” at the top of the price action. The next possible support level would be location lower, when price would meet the lower band of the Bollinger Bands indicator, as shown at the chart. The exact pivot point is hard to predict, but given the strong trending market conditions, the buy...

Stanislav_Bernukhov_Exness

EURJPY is testing the area above the massive consolidation pattern. Given the elimination of the risk premium from safe haven demands, Japanese Yen may get under pressure, which may lead to the breakout from the consolidation, as shown at the chart. Average True Range indicator had reached yet another bottom signaling decreasing volatility: usually this pattern...

Stanislav_Bernukhov_Exness

Crude oil had tested the lower band of the Bollinger Bands indicator on the daily chart. Being a momentum instrument, it has a chance of testing the area below the previous intermediate-term low (testing 52-55k area), after which the price may turn back to $60: the fair price according to the STEO forecast from eia.gov As WTI oil is entering the seasonal window...

Stanislav_Bernukhov_Exness

Gold had probably finished it’s active phase of accumulation and has a chance of locking in a consolidation, here’s why: Volatility (ATR) on the daily chart had reached the long-term peak: usually it points to a market ending the active phase of the rally. The net position of commercial traders from the COT report has been reaching new peaks on a week-to-week...

Stanislav_Bernukhov_Exness

Euro remains to be in focus along with other assets, as US markets lose attractiveness among investors, especially from China, who start to put more focus on European and Japanese bonds rather than US treasuries. The Euro had little to no reaction to the decline of the interest rate from the ECB: on the one hand, this rate cut was already priced in, on the other -...