Extended
GBP/USD (6B) — consolidating in normal regime
Neutral to mildly bearish consolidation expected with defensive positioning ahead of March 19 BoE meeting as declining UK inflation to 3.0% supports easing expectations
The Desk
Full Desk
Platinum (PL) — Post-parabolic consolidation from January peak at $2,925 amid structural 692…
Constructive consolidation within structural bull market as extraordinary 2025 gains digest against 2026 balanced forecast, with February seasonal support providing near-term floor before next directional move
Full Desk
AUD/USD (6A) — Australia January Monthly CPI Release - critical validation for potential March…
Shifting from aggressive bullish expecting continued RBA tightening toward cautious constructive recognizing inflation-driven hawkish floor creates support but acknowledging 12% rally extension and approaching major resistance requires consolidation
Full Desk
Wheat (ZW) — Market may be underestimating magnitude and sustainability of February-March…
Cautiously constructive on February short-covering rally from extreme October oversold levels with Arctic blast providing first genuine supply catalyst yet skeptical about sustainability given structural oversupply fundamentals
Full Desk
Soybeans (ZS) — 3.2 between 1100 support and 1145 resistance with 7/10 confidence
Cautiously bullish on Trump-Xi breakthrough potential 20 MMT upgrade but concerned about pricing execution risk and whether deal represents consideration versus confirmed commitment requiring follow-through validation
Full Desk
30-Year Treasury (ZB) — Technical breakout above 116.5 resistance after one-week rally of 2.51 handles…
Treasury bonds experiencing technical relief rally after December panic exhaustion but fundamentals remain challenged with Fed terminal rate near 3% and sticky inflation limiting sustained duration rally potential
Market Of The Week: ★Silver (SI)★ consolidating in extreme regime
Most analysts targeting $75-85 consolidation near-term with longer-term forecasts extending to $90-150 by mid-2026 if supply deficit and China restrictions persist though CME intervention creates uncertainty and regulatory overhang capping near-term upside
Core
Nasdaq 100 (NQ) — -1.8 between 24700 support and 25400 resistance with 6/10 confidence
Defensive and fearful near-term given violent AI spending concerns selloff but acknowledging oversold technicals and upcoming March seasonal strength could provide recovery catalyst
Core
S&P 500 (ES) — DeepSeek AI disruption aftershocks persist seven weeks post-announcement…
Cautiously neutral awaiting February catalysts with DeepSeek disruption concerns tempering seasonal optimism amid Fed hawkish December shock and elevated valuations
Core
Crude Oil (CL) — Market underestimates OPEC+ commitment to defend sub-$60 prices combined with…
Cautiously bearish expecting structural oversupply and weak Chinese demand to push prices toward $55-58 range over 2026 despite OPEC+ Q1 production freeze providing temporary support
Core
EUR/USD (6E) — Market significantly underpricing downside risk from crowded EUR long…
EUR range-bound near 1.19 as both Fed and ECB signal patience with modest consensus targets of 1.18-1.22 through Q2 2026 awaiting fresh catalysts from March dual central bank meetings
Core
Gold (GC) — Market significantly underestimating permanence and acceleration of central…
Bullish medium-term with structural central bank support intact and Fed maintaining accommodative bias creating constructive backdrop for continuation toward $5200-5600 despite January profit-taking consolidation