Tensions have escalated following U.S. President Donald Trump’s decision to sharply raise tariffs on several major economies. In response, countries like China and Canada have retaliated, while the EU and UK are preparing their own measures. Market sentiment has turned extremely bearish, with the Dow Jones plunging over 5% last Friday. As panic selling continues, investors are bracing for heightened volatility at the start of the new trading week.
Technical Breakout: The Dow Jones is currently trading lower, testing the key support level at 38,110.00. MACD signals increasing bearish momentum. If the index breaks below this level, further downside could be seen, potentially targeting the next support at 35,305.00. Conversely, a rebound would face resistance near 40,595.00 and 42,730.00.
Potential Risks: Trade war uncertainty continues to dominate headlines, with potential to trigger deeper declines across global equity markets.
Monitoring: Stay updated on potential trade tensions between US and world to gauge the likelihood movement for several asset classes.
Open Your Free Demo Account And Start Trading Risk-Free
Join Now
Step into the world of trading with confidence today. Open a free PU Prime live CFD trading account now to experience real-time market action, or refine your strategies risk-free with our demo account.
This content is for educational and informational purposes only and should not be considered investment advice, a personal recommendation, or an offer to buy or sell any financial instruments.
This material has been prepared without considering any individual investment objectives, financial situations. Any references to past performance of a financial instrument, index, or investment product are not indicative of future results.
PU Prime makes no representation as to the accuracy or completeness of this content and accepts no liability for any loss or damage arising from reliance on the information provided. Trading involves risk, and you should carefully consider your investment objectives and risk tolerance before making any trading decisions. Never invest more than you can afford to lose.
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!
Tensions have escalated following U.S. President Donald Trump’s decision to sharply raise tariffs on several major economies. In response, countries like China and Canada have retaliated, while the EU and UK are preparing their own measures. Market sentiment has turned extremely bearish, with the Dow Jones plunging over 5% last Friday. As panic selling continues, investors are bracing for heightened volatility at the start of the new trading week.
Technical Breakout: The Dow Jones is currently trading lower, testing the key support level at 38,110.00. MACD signals increasing bearish momentum. If the index breaks below this level, further downside could be seen, potentially targeting the next support at 35,305.00. Conversely, a rebound would face resistance near 40,595.00 and 42,730.00.
Potential Risks: Trade war uncertainty continues to dominate headlines, with potential to trigger deeper declines across global equity markets.
Monitoring: Stay updated on potential trade tensions between US and world to gauge the likelihood movement for several asset classes.
Open Your Free Demo Account And Start Trading Risk-Free
Join Now
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.