empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
26.03.2025 08:00 AM
Markets Won't Rush Headfirst into the Fire
Open trading account Open demo account

Donald Trump has dealt such a heavy blow to globalization that conditions and outlooks for the future have changed—now divided along territorial lines. While European banks believe the S&P 500's decline will continue, their American counterparts argue that the time to sell the rally is over. In both cases, tariffs play a central role.

JP Morgan sees the risk of a renewed correction in the broad stock index as low, while Morgan Stanley considers the S&P 500 rally to be gaining momentum, expecting clarity on the White House's tariffs after April 2. The idea is that markets mostly feared the approach of import duties. Once that materializes, there'll be nothing left to fear. "The anticipation of death is worse than death itself." Time to buy U.S. stocks! Increasing the likelihood of consolidation.

In contrast, Swiss bank UBS and UK-based HSBC remain in the bearish camp. UBS cut its S&P 500 forecast to 5,300, citing warning signs in the latest U.S. macro data, which they argue justify selling the index. HSBC claims the chances of uncertainty disappearing after April 2 are slim. Ongoing tariff noise will affect American business and the economy, leading to further stock declines.

S&P 500 Forecast Trends

This image is no longer relevant

The Wall Street consensus expects a 13% rise from current levels to 6,539. Oppenheimer's John Stoltzfus target is the most bullish, at 7,100, while Stifel's Barry Bannister's target is the most bearish, at 5,500.

Overall, it must be acknowledged that markets have absorbed the negative impact of Donald Trump's policies without the upside. We're talking about a cooling U.S. economy, fading hopes for additional fiscal stimulus from Washington, an unstable tariff strategy, and an unexpectedly strong response from Europe. All this has led to capital outflows from the New World to the Old, contributing to the S&P 500's decline. Is the rough patch for the broad index over?

U.S. Consumer Sentiment Dynamics

This image is no longer relevant

Markets had been climbing on rumors of less severe White House tariffs than previously feared. Trump mentioned potential exemptions but then stated he doesn't like granting them. Combined with the consumer confidence index dropping to a four-year low, this clipped the wings of S&P 500 buyers.

This image is no longer relevant

Until the import tariff situation is clearer, the chance of the broad index consolidating remains high. Few investors are willing to jump into the fire ahead of such a key event, making choppy, directionless fluctuations more probable.

Technically, the bulls' counterattack continues on the S&P 500 daily chart. Traders who opened long positions from 5,670 are "sitting pretty." However, if the index bounces off resistance levels — the pivot zones at 5,815, 5,835, and 5,885 — it may trigger a reversal and shift toward selling.

Marek Petkovich,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Forecast
EUR/USD: Simple Trading Tips for Beginner Traders on April 30th (U.S. Session) Trade Analysis and Tips for Trading the Euro The test of the 1.1386 price in the first half of the day coincided with the MACD indicator having already moved
Jakub Novak
13:18 2025-04-30 +02:00
1015
Trading plan
GBP/USD: Trading Plan for the U.S. Session on April 30th (Review of Morning Trades) In my morning forecast, I drew attention to the 1.3376 level and planned to base market entry decisions on it. Let's take a look at the 5-minute chart and analyze
Miroslaw Bawulski
13:15 2025-04-30 +02:00
1015
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Canadian Dollar Preparing for a Breakout

Retail sales in Canada fell by 0.4% month-over-month in February but rebounded in March with a strong increase of 0.7%. On a year-over-year basis, retail sales declined to 4.7%
Kuvat Raharjo 13:09 2025-04-30 UTC+2

Stable Inflation to Support the Australian Dollar

Inflation in Australia remained steady at 2.4% year-over-year in Q1, defying expectations of a slight slowdown to 2.2%. The quarterly increase of 0.9% also exceeded forecasts, while core inflation slowed
Kuvat Raharjo 13:03 2025-04-30 UTC+2

U.S. GDP and PCE Data Unlikely to Drastically Shift Market Conditions (Possible Resumption of #NDX and #SPX Growth)

Markets are already fatigued by the chaos unfolding in Donald Trump's mind and among his followers. Everything remains extremely unclear, so market participants are now fully focused on today's important
Pati Gani 09:48 2025-04-30 UTC+2

The Market Hears What It Wants to Hear

How far will greed carry the crowd? The late April rally in the S&P 500 somewhat sweetened the bitter pill for Donald Trump. His first 100 days in office have
Marek Petkovich 09:23 2025-04-30 UTC+2

What to Pay Attention to on April 30? A Breakdown of Fundamental Events for Beginners

A considerable number of macroeconomic events are scheduled for Wednesday, but we doubt they will have any meaningful impact on currency pair movements. The market continues to ignore most macroeconomic
Paolo Greco 06:28 2025-04-30 UTC+2

GBP/USD Overview – April 30: The Illusion of U.S. Democracy and Trump's Impeachment

The GBP/USD currency pair saw a slight downward correction after Monday's rise, which came out of nowhere. However, it's difficult to call this minor move a "dollar recovery." The U.S
Paolo Greco 03:29 2025-04-30 UTC+2

EUR/USD Overview – April 30: The Main Mystery of 2025 Revealed

The EUR/USD currency pair continued trading within a narrow range on Tuesday, showing relatively low volatility. In reality, 80 pips per day is not a bad volatility level
Paolo Greco 03:29 2025-04-30 UTC+2

NZD/USD: Bullish Prospects Amid Uncertainty

Although the past week was completely uninformative regarding fundamental indicators, it allowed adjustments to forecasts on economic growth, inflation, and the Reserve Bank of New Zealand's policy strategy based
Kuvat Raharjo 00:43 2025-04-30 UTC+2

USD/CAD: The Loonie and Politics

Early parliamentary elections were held in Canada, resulting in the Liberal Party, led by Mark Carney, forming the government. Carney will face the difficult task of negotiating with Donald Trump
Irina Manzenko 00:42 2025-04-30 UTC+2

The Dollar Steps on the Same Old Rake

Trust is hard to earn and easy to lose. While markets assess Donald Trump's first 100 days in office, believers in historical signs point to an event in late April
Marek Petkovich 00:42 2025-04-30 UTC+2

Top analytics

Relevance up to 20:00 UTC--4
EUR/USD Overview – April 30: The Main Mystery of 2025 Revealed
03:29 2025-04-30
Fundamental analysis
Relevance up to 23:00 UTC--4
How to Trade the EUR/USD Pair on April 30? Simple Tips and Trade Analysis for Beginners
06:04 2025-04-30
Trading plan
Relevance up to 02:00 UTC--4
EUR/USD: Simple Trading Tips for Beginner Traders on April 30. Review of Yesterday's Forex Trades
08:31 2025-04-30
Forecast
Relevance up to 20:00 UTC--4
GBP/USD Overview – April 30: The Illusion of U.S. Democracy and Trump's Impeachment
03:29 2025-04-30
Fundamental analysis
Relevance up to 00:00 UTC--4
What to Pay Attention to on April 30? A Breakdown of Fundamental Events for Beginners
06:28 2025-04-30
Fundamental analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.