[Weekly] Market Sentiment: Split Markets Await Fed

Market Sentiment

Apr 29, 2024

[Weekly] Market Sentiment: Split Markets Await Fed Decision

As we embark on yet another dynamic week, market sentiment has undergone yet another transformation. Below, we'll examine the trajectory of several key assets.

 

SPX500 - Buy

Daily Data (1D) - 4h Chart (4H)
SPX500 - Buy  Daily Data (1D) - 4h Chart (4H)

Performance:

1W: 2.62%

1M: -2.47%

3M: 4.60%

 

Summary:

Sell: 3

Neutral: 10

Buy: 13

 

Oscillators:

Sell: 1

Neutral: 9

Buy: 1

 

Moving Averages:

Sell: 2

Neutral: 1

Buy: 12


BTC/USD  - Sell

Daily Data (1D) - 4h Chart (4H)
BTC/USD  - Sell  Daily Data (1D) - 4h Chart (4H)

Performance:

1W: 3.34%

1M: -10.22%

3M: 44.99%

 

Summary:

Sell: 11

Neutral: 10

Buy: 5

 

Oscillators:

Sell: 2

Neutral: 9

Buy: 0

 

Moving Averages:

Sell: 9

Neutral: 1

Buy: 5


EUR/USD  - Sell

Daily Data (1D) - 4h Chart (4H)
EUR/USD  - Sell  Daily Data (1D) - 4h Chart (4H)

Performance:

1W: 0.49%

1M: -0.76%

3M: -1.14%

 

Summary:

Sell: 12

Neutral: 9

Buy: 4

 

Oscillators:

Sell: 1

Neutral: 8

Buy: 2

 

Moving Averages:

Sell: 11

Neutral: 1

Buy: 2


XAU/USD  - Sell

Daily Data (1D) - 4h Chart (4H)
XAU/USD  - Sell  Daily Data (1D) - 4h Chart (4H)

Performance:

1W: -2.27%

1M: 6.51%

3M: 15.01%

 

Summary:

Sell: 6

Neutral: 10

Buy: 10

 

Oscillators:

Sell: 2

Neutral: 9

Buy: 0

 

Moving Averages:

Sell: 4

Neutral: 1

Buy: 10

 

With the markets showing some divergence, attention is fixed on the upcoming Federal Reserve announcement on Wednesday regarding this month's interest rates. Expect notable shifts by week's end, emphasizing the importance of conducting personal research, as none of this constitutes financial advice!


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