
IRAN - USA : AUCUN ACCORD ! ÇA CHAUFFE sur le PÉTROLE !
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Iran has rejected U.S. conditions, leading to no agreement and a rise in oil prices. This video discusses the impact on other markets. Viewers are reminded of free access to the Discord VIP for Forex and index reviews, Q&A, and the complete price action mentorship. Access requires signing up on Premix BT via a partner link, depositing a minimum of $500, and then activating VIP access through an email and Premix BT ID. Bonuses of up to $2400 are available on Premix BT.
Regarding oil, it remains in a range, reacting well to last week's low. On a daily chart, it's retesting the last bearish fair value gap, which is a key resistance level for the next 24-48 hours. If this level is breached, pressure could be put on last week's high, and potentially previous highs from April and March. As long as the discount zone is maintained, a revisit of the highs is expected. A range breakout would stress markets, but for now, the situation is unchanged.
The VIX, a key indicator for indices, continues to decline without a clear breakout of its weekly fair value gap. The March low hasn't been reached yet, but it's expected. No reversal signal on the VIX suggests that as long as oil stays within its range, the VIX won't surge, and indices should continue their bullish trend in the second quarter. If oil breaks its bearish fair value gap, April's $113 and March's $115 highs could be revisited. Structurally, oil remains bullish with an upward dynamic and liquidity grabs.
For the Nasdaq, a bullish continuation is expected. Friday's momentum was strong, recovering Thursday's low. The last impulse's low is considered protected. A re-pricing of the fair value gap within the discount zone is anticipated for further upward movement. The Dow Jones hasn't hit an all-time high (ATH) yet, which supports a continued bullish bias for the Nasdaq and S&P 500. The Dow has recovered its daily fair value gap, and further upward pressure on highs is expected to reach an ATH. The S&P 500 shows similar bullish patterns, with re-pricing in the discount zone and H4 fair value gaps indicating continuation.
European indices like the DAX and CAC are also expected to continue their bullish trend towards new ATHs. The DAX has filled all weekly fair value gaps and is expected to move higher, with the bottom of this week's impulse likely within the discount zone. The CAC maintains its weekly fair value gap and has formed a breaker, indicating a retest and bullish continuation towards new ATHs in May or June. The overall outlook for both European and American indices is bullish continuation.
In contrast, Gold chased the previous weekly low and is now observing the daily fair value gap for potential bullish continuation. While it has recovered the previous high, Gold is currently contracting. The dollar's movement is crucial for Gold; if the dollar rises, Gold tends to fall. A potential dollar rebound after taking out April's low could negatively impact Gold. As long as the dollar maintains its weekly fair value gap, Gold is expected to see liquidity grabs and contraction. If the dollar breaks its weekly FVG and reacts well, it could be bearish for Gold.