Amazon (NASDAQ: $AMZN) Drops 8% as Trump Tariffs Shake Markets. Amazon (NASDAQ: NASDAQ:AMZN ) is facing huge downward pressure following President Donald Trump's announcement of sweeping tariffs. The stock dropped 9.26% in early trading, reaching $176.92 as of 11:01 AM EDT.
These tariffs impact over 100 countries, including China, a key supplier for third-party merchants on Amazon’s platform. Rising import costs could push prices higher, affecting consumer spending and Amazon’s profit margins.
Looking at the broader market, it is also struggling from the tariffs. The Magnificent Seven stocks, including Apple, Nvidia, Meta, Tesla, Alphabet, Microsoft, and Amazon, have all seen huge drops.
Amazon’s 8% drop is among the largest, further highlighting its vulnerability to trade disruptions. If these tariffs persist, they could reignite inflation, weigh on economic growth and further impact stock prices. Amazon has faced major market shifts in the past. In 2022, its stock lost over 50% of its value within a few quarters.
The question now is, can the current decline lead to similar losses?
With Amazon trading at $242 in February, some fear it could drop below $120 if the economic outlook worsens.
Adding to concerns, geopolitical risks remain high. The ongoing war in Ukraine, coupled with uncertainty over future U.S policies, creates a volatile environment for stocks. Amazon’s reliance on global supply chains and consumer spending makes it highly sensitive to market shocks.
Technical Analysis
Looking at Amazon technically, there has been a downtrend since early February when it reached an all-time high and a 52-week high of $242. This peak came shortly after the presidential inauguration, but since then, the market conditions have not been favorable. The introduction of new tariffs has fueled bearish momentum, pushing Amazon lower toward key support levels.
Currently, the stock is testing a double support level, an ascending trendline and a horizontal support around $180. If buyers step in at this level, a rebound could occur, targeting the previous $252 all-time high. However, given the economic uncertainty, there is a strong chance the stock may break below this current support.
If the weekly candle closes strongly below the $180 level, the next critical point where the stock might find support is around $144. This area has historically provided strong buying interest and it may serve as a potential bottom if the decline continues.
Looking at momentum indicators, the weekly RSI currently sits at 33, indicating strong bearish momentum. Despite the reading approaching the oversold reading, macroeconomic data shows the downtrend remains dominant and further losses could be ahead.
What's the Outlook? Can Amazon Recover Soon?
The coming weeks will be crucial for Amazon’s stock. With earnings expected between April 28th and May 2nd, market sentiment may shift based on revenue growth and profit margins. However, ongoing trade uncertainties and rising costs remain key risks.
For now, monitor price action around the current market price of $180. A strong bullish move could confirm a short-term recovery. On the other side, a break below this double support level may signal a further drop towards $144 support level.
Fundamental Analysis
XRP could be about to drop 20% XRP is under pressure as the global trade war escalates, with rising US tariffs fueling fears of inflation and recession. A break below 194.62 could trigger a major downside move, supported by a bearish technical setup.
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NASDAQ Analysis (Bearish)Nasdaq is repeating itself time and time again. I strongly believe we will have a great break and retest opportunity to short the market. once the move happens, we will most likely consolidate next week or break back above and retest the support level fur great buying opportunity. creating the correction. I am currently bearish on NQ. looking for short-term buying scalps.
BTC TARIFF TALKAs President Trump steps up on the stage to deliver his tariff plan BTC had a steady price rise going into the talk, a nice HH & HL LTF structure up into range high/ last weeks high, then as the speech began all of the progress made throughout the day wiped in less than 2 hours to reset BTC's price to Tuesdays low.
In the end the news event gave volatility as expected but ultimately the structure remains the same, rangebound. As the Tax year comes to an end it would be a hard ask for this choppy price action to shift bullish when institutions are going to be window dressing their portfolios for the next financial year.
In essence A continued LTF range with an overall HTF bearish trend looks to continue, this is compounded by yet another failed attempt at the 4H 200 EMA which had temporarily been broken but sent back below by the tariff announcements.
The SPX, DJI & NASDAQ Futures pre-market is looks dreadful so a revisit on the range low is probable on the cards at some stage today.
Breaking: $PORK Approaching Key Fibonacci Levels for a Breakout PepeFork ($PORK) a memecoin created as a parody to the original CRYPTOCAP:PEPE coin is set to go parabolic amidst breaking out from the 61.5% Fibonacci retracement point, a level holding ground as the support pivot for $PORK.
The asset is trading with moderate momentum as hinted by the RSI at 43. $PORK is nearly approaching the 61.5% Fibonacci point and a bounced from that level would spark a bullish campaign for PepeFork ($PORK).
PepeFork Price Live Data
The live PepeFork price today is $4.75e-8 USD with a 24-hour trading volume of $2,431,278 USD. PepeFork is down 5.17% in the last 24 hours, with a live market cap of $18,706,640 USD. It has a circulating supply of 393,690,000,000,000 PORK coins and a max. supply of 420,690,000,000,000 PORK coins.
Crude oil-----buy near 68.90, target 69.90-72.00Crude oil market analysis:
Yesterday's crude oil daily line showed continuous tombstones, which was suppressed near 72.00. Today's idea is to continue to look at the rebound in the short term and pay attention to the support near 68.70. This position is a buy rebound. We will wait for opportunities in the Asian session. Crude oil has begun to move on a weekly trend. We need to pay attention to this week's closing to determine whether it will start a weekly trend in the future.
Fundamental analysis:
Trump's midnight tariffs caused the market to tremble again. In addition, ADP rose sharply, with a result of 155,000 people, 80,000 people in advance, and 115,000 people expected. The bulls still pulled up under such a big negative situation.
Operation suggestions:
Crude oil-----buy near 68.90, target 69.90-72.00
Quarter Ends, Setup Begins: Long from DAX Support ZoneDAX returned to its major support zone around 22,000 after an extended decline through March. I’ve been triggered into a long position as we step into a fresh month and quarter. We’re sitting at strong historical demand with multiple macro events lined up this week—I’ll take what the market gives and manage it accordingly. No ego here, just flow with the setup. Let’s see where this one heads as NFP and PMI data come in.
Technicals
• Timeframe: 1H
• Entry Zone: Strong support retest at 22,000
• Setup: Long triggered on reaction from major support
• Target: Zone around 22,950
• SL: Below the support zone (~21,800)
• Fibcloud: Still trending below, watching for reclaim
• End-of-month rebalancing and Quarter close may add volatility.
Fundamentals
• DAX dropped nearly 2% on Monday, hitting its lowest levels since Feb 10, in line with global market weakness.
• US trade tariff uncertainty under Trump’s “reciprocal” rhetoric weighs on sentiment.
• Germany’s CPI eased to 2.2%, the lowest since Nov 2024, aligning with market expectations.
• Q1 performance remains strong overall, up nearly 11%, supported by Germany’s spending plan.
• Eyes on this week’s NFP and PMI data which could drive further price action.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Breaking: Filecoin's USDFC Now on SushiSwap $FIL To Surge 250%The Filecoin's -backed stablecoin $USDFC has extended its services to the Sushiswap platform where users can now swap USDFC seamlessly on SushiSwap, making it easier than ever to access!
Furthermore, by providing liquidity to the FIL/USDFC pool, you can earn fee income.
This strategic move by Filecoin ( LSE:FIL ) is set to make LSE:FIL go parabolic in the coming week with an anticipated 250% surge in the horizon.
As of the time of writing, Filecoin ( LSE:FIL ) is down 6.24% losing the $3 pivot currently down to $2.66. The asset is approaching oversold levels as hinted by the RSI at 37.60. However, the daily chart pattern depicts a symmetrical triangle, a breakout above the ceiling of the triangle could cement the grounds for the 250% surge.
What Is Filecoin (FIL)?
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.
Filecoin Price Live Data
The live Filecoin price today is $2.67 USD with a 24-hour trading volume of $171,672,956 USD. Filecoin is down 6.34% in the last 24 hours. The current CoinMarketCap ranking is #47, with a live market cap of $1,728,274,124 USD. It has a circulating supply of 647,135,072 FIL coins and the max. supply is not available.
Is the golden large-scale "roller coaster" near miss?Gold took a large "V"-shaped reversal pattern on Thursday, with the highest hitting 3167 in the Asian session, and continued to fluctuate and fall in the European session. It successfully fell to the lowest 3054 before the US session and then rebounded. As of now, gold has deeply bottomed out and rebounded to 3135. It has now started the oscillation mode. Gold continues to fluctuate in the range of 3100-3135, waiting for the release of the initial jobless claims data in the US session. The data is bearish, and the shorts broke through the 3080 line. After all, the technical adjustment is almost done, and everyone can find opportunities to go long. Later, gold hit the 3054 line and rebounded quickly, and the long orders also recovered the losses. This process is full of thrills and excitement. After all, such a large bottoming rebound is relatively rare. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
From the 4-hour analysis, pay attention to the short-term suppression of 3130-35 on the upper side, and pay attention to the short-term support around 3100-3106 on the lower side. Pay attention to the support of 3083-3087. After stabilizing above this position, continue to follow the low-long rhythm, and stick to the idea of going long after stepping back. I will remind you of the specific operation strategy during the trading session, so pay attention to it in time.
Gold operation strategy: Go long at 3105-3095
Buy EthereumThe idea that Bitcoin (BTC) and Ethereum (ETH) tend to go up around 70 days after global liquidity (M2) increases is based on how liquidity drives risk asset prices—especially in speculative markets like crypto. Here's a breakdown of why this happens, particularly with the 70-day lag:
🔍 What is M2 Global Liquidity?
M2 includes:
Cash
Checking deposits
Savings accounts
Other near-money assets
When global M2 increases, it usually means central banks are easing (e.g., lowering rates, injecting liquidity), which tends to:
Increase money supply
Lower the cost of capital
Make riskier assets more attractive
💸 Why Does BTC/ETH React to M2?
Crypto = High-Beta Asset Class
BTC and ETH are risk-on assets, meaning they thrive when:
Investors are optimistic
There's more disposable capital floating around
Liquidity Flows Down the Risk Curve
When liquidity enters the system:
It first boosts safe assets (e.g., bonds, large-cap stocks)
Then mid-cap equities
Finally flows into speculative plays like crypto
Crypto’s Reaction is Delayed (~70 Days)
This 70-day lag happens because:
Institutions take time to reallocate capital
Retail follows after they see initial market strength
It takes time for M2 to affect sentiment, demand, and actual buying
📊 Empirical Backing
Analysts like Arthur Hayes, Macro Alf, and others have noted:
BTC price often correlates with global M2, with a lag of 60–90 days
Crypto tends to front-run rate cuts, but lags money supply changes
⏱️ Summary: Why the 70-Day Lag?
Cause Effect
Global M2 rises Money becomes more available
Institutions adjust portfolios Risk-on flows begin
Investors re-enter crypto Demand for BTC/ETH increases
~70 days later BTC/ETH prices begin to climb
SOL - Breakout Retest & FVG Target This 4-hour SOL/USDT chart shows a breakout retest at a key support level, with a potential move toward the Fair Value Gap (FVG).
Key Observations:
🔹 Breakout & Retest: Price has broken below the trendline and is now stabilizing near support.
🔹 FVG Target: A bullish reaction from this level could send SOL toward the FVG before further continuation.
🔹 Potential Bullish Structure: A strong bounce could lead to higher highs, while failure to hold may invalidate the setup.
Will SOL confirm this bullish scenario? Let’s watch how it reacts! 📈🔥
ZETA: Bullish Setup with Harmonic Pattern & Breakout Retest! Timeframe: 15-Minutes
Pattern: Harmonic Formation
Breakout & Retest Confirmation
#ZETA has formed a bullish harmonic pattern and successfully broken above resistance. Currently, it's retesting the breakout zone, a classic confirmation for a strong upside move!
Why This is a High-Probability Long Trade?
Harmonic pattern aligns with bullish momentum
Resistance breakout & retest—a textbook entry signal
Strong confluence of technical factors confirming the uptrend
Entry: At CMP 0.27 - 9.2750
Targets: 0.2890 - 2950
Stop-Loss: 0.2490
What’s your take on this setup? Are you taking this trade? Drop your thoughts in the comments!
Follow for more high-quality trade setups & insights!
Bitcoin Head & Shoulders Pattern – Bearish Breakdown Ahead?#Bitcoin is forming a Head & Shoulders pattern on the 4-hour timeframe, signaling a potential bearish move. Currently, #BTC is hovering near the neckline—a key level to watch!
Bearish Confirmation: If #BTC breaks below the neckline and the support zone, it will confirm the bearish trend, potentially leading to further downside.
Trading Plan:
Wait for a clear break & retest of the neckline.
Enter a short trade with proper risk management.
Keep an eye on volume for strong confirmation.
Will #BTC hold or break down? Drop your thoughts in the comments!
USDJPY Buying SetupUSDJPY is currently sitting in a key support zone, signaling a potential bullish momentum build-up. This bias is supported by the formation of a strong bullish candle at the level, suggesting buyers are stepping in.
Importantly, price has respected structure—no lower low (LL) was formed. Instead, we’ve got a clean higher low (HL), which aligns perfectly with a bullish continuation scenario.
Take-profits (TPs) and stop-loss (SL) levels are chosen with precision, keeping recent market structure and volatility in mind. As always, proper risk management is crucial for capital protection.
Regards
Sherry
GOLD corrects after hot rally, conditions remain optimisticOANDA:XAUUSD has retreated from an all-time high of $3,167.67/oz as investors began to take profits after a “parabolic” rally. While the rally was initially fueled by safe-haven demand stemming from US President Donald Trump’s plans for higher tariffs, questions are starting to arise about the sustainability of the rally as buying pressure wanes and the Relative Strength Index (RSI) moves into overbought territory.
Gold has rallied 19% so far in 2025 and this correction could be temporary
Gold prices have rallied 19% this year, supported by multiple macro uncertainties, historic central bank buying and continued inflows into ETFs. Despite the current pullback, from a fundamental perspective, this does not impact the overall bullish fundamental trend and the likelihood of near-term technical consolidation has begun to increase.
Trump’s tariffs a “catalyst” supporting the physical gold market?
Trump's proposal to impose 10% tariffs on most imports has stoked market concerns about slowing economic growth and rising business costs, while risk aversion has pushed gold prices higher.
However, the White House later clarified that "critical raw materials" including gold, copper and energy would be exempt, alleviating some concerns about supply chain disruptions and providing some support to the physical gold market.
Market sentiment remains bullish, with strong buying momentum on dips
Although the technical side is currently under some pressure, the market's optimism remains unshaken. It is difficult to try to assess the peak near the historical high, but it is clear that every pullback is quickly absorbed by buyers, which shows that the underlying bullish sentiment in the market is still strong.
Described by the sharp drop on Thursday, gold recovered very quickly after the drop.
Technical Outlook Analysis OANDA:XAUUSD
Gold may enter a correction phase after a long period of hot growth, depicted by the Relative Strength Index (RSI) falling below the overbought level, breaking the blue bullish channel. In the short term, if gold breaks below the short-term channel, converging with the 0.50% Fibonacci extension level, it will be in a position to correct further with the next target level around $3,066 in the short term, more than $3,040.
However, overall, gold still has a bullish technical outlook with the price channel as the long-term trend and the main support from the EMA21. As long as gold remains within the price channel and above the EMA21, the declines should be considered as corrections and not a trend. On the other hand, once gold recovers from the 0.50% Fibonacci extension and holds above the raw price point of $3,100, it will signal the end of the correction cycle, then the upside target will be the 0.786% Fibonacci extension in the short-term.
During the day, the long-term uptrend with the possibility of a short-term correction will be noticed again by the following positions.
Support: 3,086 – 3,066 – 3,040USD
Resistance: 3,100 – 3,106 – 3,135USD
SELL XAUUSD PRICE 3147 - 3145⚡️
↠↠ Stoploss 3151
→Take Profit 1 3139
↨
→Take Profit 2 3133
BUY XAUUSD PRICE 3061 - 3063⚡️
↠↠ Stoploss 3057
→Take Profit 1 3069
↨
→Take Profit 2 3075
GBP/USD Short Trade Setup with Resistance & Support Levels"### **Chart Description: GBP/USD Short Trade Setup**
This chart represents a **GBP/USD (British Pound to US Dollar) 1-hour timeframe** trade setup, highlighting key technical levels for a potential **short (sell) trade**.
#### **Key Components:**
- **Short-Term Resistance (1.31450 - 1.31600 Zone):** A price area where GBP/USD has faced selling pressure.
- **Entry Point (1.30970):** The suggested level to enter the short position.
- **Stop Loss (SL) at 1.31450:** If the price moves above this level, the trade is invalidated.
- **Target (1.29376):** The price target based on previous support levels.
- **Support Zone (1.29200 - 1.29400):** A historically strong buying zone where price is expected to react.
Welcome to the real world Uncle Sam!The market can withstand a lot of pressure.
It can handle:
the dawn of "fake news" and outright "lying"
the pollution and "enshitification" of social media
imperialist ideas of a Gaza takeover
partnering with a Russian totalitarian state
overhyping of AI and Nvidia's overpricing
populist politics
unworldly valuations of tech stocks
What it cannot handle is:
Upsetting the world order
Undermining of NATO, Europe, and allies
Starting trade wars with your best friends
Establishing tariffs which will harm the US economy
I love the US stock market, and US animal spirits, it's the best in the world.
But when risk rises, then secure investments like bonds/treasuries become the smart money move. Stocks become "risk off"
Risk is rising, tariffs will pressure inflation, inflation kills economies and markets.
The European defense industry will benefit, the US consumer will pay higher prices.
Higher risk, could mean a lack of confidence, and confidence powers the stock market.
Batton Down the Hatches.
Trading Note: I sold all my US holdings on Tuesday, at the break of the double top neckline (see chart).
My target price is the 2021 high, before the one-year bear market. Its a big drop, I give it a 60-70% chance.
RSI & ROC Negative Medium-term divergences
Of course this could all change if Trump backtracks on trade wars, tariffs and imperialist rhetoric.
But until then, enjoy the ride.
Gold Market Sweeps to 3060, Eyes Mitigation at 3120Gold market recently made an imbalance sweep through the 3060’s, but now it’s on a pullback to mitigate the 3120 level. This could set the stage for the next big move, with market sentiment poised for a possible shift. follow for more insights , comment and boost idea .
AUDUSD Bears "Flag Down" Potential OpportunitiesOn the Technical Analysis stand-point, FX:AUDUSD has been Consolidating in an Ascending Channel since the beginning of this year after having a sharp decline which started in October last year. Now the past 6 Months, Price Action seems to be forming a strong Continuation Pattern, the Bear Flag!
Based on the Retracement from the Swing High @ .6942 to the Swing Low @ .60872, Price has made a 38.2% Retracement to .64081, resulting in a False Break, pushing Price back into Pattern!
Price has been trading Under the 200 EMA since the start of the "Flagpole" and with the separation between it and the 34 EMA Band, feeds the Bearish Bias after we see Price heavily rejected after touching the 34 EMA Band!
*Once Price makes a Breakout of the Rising Support of the Channel -> Bear Flag Confirmed
*Increase in Volume after Break -> Breakout Validated
If we get a True Breakout that is Validated by the checklist of factors, we could be looking at great opportunities to take FX:AUDUSD down to the current 5 Year Low of .55063 set back in March 16th 2020 (Initial Outbreak of Covid) based on the Flagpole and Potential Extension of a Valid Break and Retest of the Bear Flag!
Now, Fundamentally what is driving the Weaker Aussie Dollar is the fear of the impact of what the US Tariffs will do to Australia's "Key Trading Partners" being China, Japan and South Korea all being high on the Reciprocal Tariff List. Because of this, the RBA has now priced in 100 Basis Points worth of Rate Cuts to come with the expectations of a "dampened broader outlook for global trade and economic growth."
www.tradingview.com
Stay Tuned!