28th April Monday Market Update #182 – Tariff fatigue turns to relief rally?

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Hello Traders,

Thanks to those of you who joined us today. I should reiterate that the Monday Market Update is just that. A big picture overview of the markets, with a few ‘charts of interest’ thrown in. There are no trade recommendations, this is not a signal service, nor trade recommendations – just what I am looking at and interested in.

Today we looked at; FX STAM, Amazon.com Inc ($AMZN), Dominoes Pizza ($DPZ), Chevron Corporation ($CVX).

The Monday market update for April 28, 2025, covered the performance of major currencies and commodities. The Swiss franc remained atop the strength rankings, while the Japanese yen fell to fourth. Sterling showed a slight uptick, potentially due to market optimism and the lack of significant political news. Key upcoming events include Canadian and Australian elections, non-farm payrolls, and major company earnings from tech giants like Microsoft and Amazon. The update also highlighted significant price actions in stocks like Amazon and Domino’s Pizza, and noted bullish trends in indices and cryptocurrencies like Bitcoin.

We also covered the usual suspects: $DJIA, $NDX, $SPY, $RTY, $DAX, $FTSE, $N225, $WTI, $XAUUSD, $XAGUSD, $BTCUSD, $USD, $DXY, $JPY, $AUD, $CHF, $NZD and $GBP.

Have a great trading week.

***There will be no MMU next week. We return on the 12th May***

Trade well,

Paul

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About FXTraderPaul

A professional Trader and Coach, FXTraderPaul blogs about his adventures from the front-lines of FX Trading. A Trader and educator who can walk the walk as opposed to merely talk the talk!

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