Stanislav_Bernukhov_Exness

Stanislav_Bernukhov_Exness

Crude oil confirms the bearish trend, having pressured from intermediate-term peak. The fair price, according to the STEO forecast, stays at around $60 and that level might be perceived as a target area for the current price swing. Geopolitical agenda adds more pressure on oil, as Steve Witkoff, the special negotiator from Donald Trump’s team, has visited Moscow...

Stanislav_Bernukhov_Exness

Gold keeps moving in the context of the rising trend in a “stair-stepping” mode, finding responsive buying activity above the 20-day moving average. All intraday sell-offs seem to be absorbed by immediate buying, which indicates a steady demand for the Gold market, especially amid the weak NFP print for July and overall pressure for the US dollar. COT-reports...

Stanislav_Bernukhov_Exness

WTI Crude oil had rejected the 20-moving average area, having reversed off the $68 price area after the OPEC+ announcement about the upcoming production increase. The short-term energy outlook forecast from eia.org had lowered the expected fair price for CL futures based on supply and demand estimation for 2025 - the average price is projected around $60 with a...

Stanislav_Bernukhov_Exness

While crude oil is declining, tech stocks are gaining momentum: Nasdaq had reached another all-time-high recently and that might not be over: according to statistical studies, it rarely reverses quickly above the upper Bollinger Bands line and the average swing duration is between 17 and 20 days (which gives us several days of potential continuation). The...

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...