Coming out of a massive week in the financial markets. We have seen the stock market crash even further,  after trump imposed more tariffs, creating turmoil in the markets

Economical news :

​In early April 2025, President Donald Trump announced a comprehensive tariff strategy aimed at addressing what the administration described as “large and persistent” U.S. trade deficits. Effective April 5, a universal 10% tariff was imposed on imports from most countries, with certain nations facing significantly higher rates starting April 9. For example, China faced a cumulative tariff of 54%, while Vietnam and the European Union were subjected to tariffs of 46% and 20%, respectively. ​

The implementation of these tariffs led to immediate and substantial reactions globally. China retaliated by imposing a 34% tariff on U.S. goods, escalating fears of a trade war and contributing to significant volatility in financial markets. Major U.S. stock indices experienced sharp declines, with the S&P 500 losing nearly 11% of its value over two days, effectively erasing over $6 trillion in wealth. ​

Domestically, concerns were raised about the potential for increased consumer prices, particularly in sectors like clothing and footwear, which rely heavily on imports from countries affected by the new tariffs. Trade groups warned that the cost of everyday items such as sneakers and jeans could rise significantly, disproportionately impacting low-income families. ​

In response to the escalating trade tensions, over 50 nations reached out to the U.S. administration seeking negotiations to mitigate the impact of the tariffs. Despite this international outreach, U.S. officials, including Commerce Secretary Howard Lutnick, maintained a firm stance, indicating that the tariffs were non-negotiable and necessary to rectify unfair global trade practices. ​

The Federal Reserve also weighed in on the situation, with Chair Jerome Powell cautioning that the tariffs could lead to higher inflation and slower economic growth. This perspective stood in contrast to the administration’s position, which dismissed fears of an impending recession and emphasized the long-term economic benefits of the tariff strategy.

That being said, we are in for a great few weeks ahead where we need to watch the news and  move with the trend, we  can expect the  stock market to continue to crash, gold to reach new highs and the dollar to continue to lose strength if the tariffs continue, however if trump is successful in what  he is looking to achieve we can expect the dollar to increase in value, the stock markets to push to new highs and  gold to stabilize.

Technical Analysis (based on the fundamental analysis)

Looking at EURUSD we can expect the market to continue to the upside especially if the tariffs continue.  We can expect EURUSD to potentially buy from the marked-out area in the picture below, this area is the 1.08099 as this is where price has reacted to in past.  Its important that we wait for more confirmation and flow with what is happening in the market, we can expect many opportunities in the weeks ahead. Trade safe and carefully

 Mindset Reminder: Progress Over Perfection

Let’s be real—trading isn’t glamorous. Most of the time, it’s quiet discipline, emotional resilience, and showing up even when you’re not “feeling it.”

In weeks like this where the markets are being driven by  economical events we need to make sure that we :

• focus on the small wins:

• Following your risk rules to the letter
• Journaling your trades with honesty
• Passing on setups that don’t align with your plan
• Reviewing past trades to extract lessons, not just results

Remember: One good week won’t make your career—and one bad day won’t break it either. It’s the cumulative effort over time that leads to real, lasting growth.