Tesla shares surged 10% to start the week after this year’s steep decline following reports the Trump administration is likely to exclude a set of sector-specific tariffs while applying reciprocal levies. Traders also took advantage of the near 40% decline in the stock so far this year to buy into the EV maker.
The dollar weakened against the yen and was steady against the euro as uncertainty around President Donald Trump’s planned tariffs kept traders cautious, following a rally in the U.S. currency a day earlier on optimism that he would be flexible in applying the import levies.
The Dollar-Yen pair dropped 0.7% in the last session. The Williams indicator is giving a positive signal.
Support: 147.91 | Resistance: 152.07
Bitcoin price opened the week with strength, rallying over $88,000. The market found strength after Trump suggested that his April 2 “tariff number” announcement could be softer than expected after cars and microchips were removed from the list.
The Bitcoin-Dollar pair rose 0.4% following a 1.3% intra-session dip. The Williams indicator is giving a positive signal.
Support: 84835 | Resistance: 90763
Michael Saylor’s Strategy has acquired over $500 million worth of Bitcoin as institutional interest and exchange-traded fund inflows make a comeback. Strategy acquired 6,911 Bitcoin for over $584 million between March 17 and March 23.
The Bitcoin-Dollar pair exploded 2.5% in the last session. The MACD is giving a positive signal.
Support: 83326 | Resistance: 92764
Gold prices dropped as the dollar touched an over two-week high, while investors took stock of U.S. President Donald Trump’s more cautious stance on tariffs against trading partners.
The last session saw the Gold fall 0.5% against the Dollar. The RSI is giving a positive signal.
Support: 2963.7 | Resistance: 3055.9
Wall Street’s three main indexes touched two-week highs, boosted by technology stocks on signs that the Trump administration is taking a measured approach on tariffs against its trading partners. Investors scooped up battered technology shares, as Nvidia and AMD rose.
