It’s not just the US-Iran conflict, major central bank decisions, and key US tech earnings that will be in the picture this week. Just be mindful that month-end shenanigans are also something to consider in the days ahead. Yes, we’re already at the end of another crazy month in markets.And according to Credit Agricole, their month-end fixing model points to strong dollar selling after weighing in all the usual drivers.”Global equity markets were broadly firmer in April. In FX, the USD was broadly weaker on the month.Overall, the moves in equity markets, when adjusted for market capitalisation and FX performance this month, suggest month-end portfolio-rebalancing flows are likely to be strong USD selling across the board, with the strongest sell signal in the case of the USD vs EUR.”Their argument points to EUR/USD making strides higher, all else being equal. The pair is seeing a bit of a mixed start this week, bouncing higher yesterday after finding support from its 200-day moving average last week. However, near-term gains are more limited closer to the 200-hour moving average – seen at 1.1742 currently. That before any potential talk of revisiting the 1.1800 level.Just be wary that these month-end fixing calls are not the be all, end all in deciding price movements. In a time like this, headline risks remain paramount and the biggest driver of price action. This is just part of what will feed into trading sentiment as a whole in trying to get a better handle on how markets might behave as we look to close out the month of April.
This article was written by Justin Low at investinglive.com.
💡 DMK Insight
With ETH at $2,279.33, traders need to brace for volatility driven by geopolitical tensions and month-end positioning. The US-Iran conflict and central bank decisions are likely to create ripples across the crypto and forex markets. As we approach the end of the month, expect increased trading activity as positions are squared off. This could lead to sharp price movements in ETH and other assets. Keep an eye on how these macro events influence market sentiment, especially if tech earnings come in stronger or weaker than expected, which could further sway investor confidence. Here’s the kicker: while many will focus on the immediate impacts of these events, there’s potential for hidden opportunities in the volatility. If ETH can hold above $2,250, it might attract buyers looking for a rebound, but a drop below that level could trigger stop-loss orders and accelerate selling pressure. Watch for key resistance around $2,350, as breaking through could signal a bullish reversal. The next few days will be crucial for positioning ahead of the month-end close.
📮 Takeaway
Monitor ETH closely; a hold above $2,250 could signal a buying opportunity, while a drop below may trigger selling pressure.





