Invesco AI and Next Gen Software ETF (ARCA: IGPT)

Dernières nouvelles pour Invesco AI and Next Gen Software ETF (ARCA:IGPT)

Technology

Real Estate

Healthcare

Communication Services

Industrials

The Fund generally will invest at least 90% of its total assets in securities that comprise the Underlying Index. The underlying Index is comprised of securities of companies with significant exposure to technologies or products that contribute to future software development through direct revenue. The Underlying Index includes companies that focus on next generation software themes, including in the areas of artificial intelligence (AI) and robotics, among others.

Alphabet Inc

Meta Platforms Inc

Advanced Micro Devices, Inc

NVIDIA Corporation

Adobe Inc

Qualcomm Inc

Intuitive Surgical Inc

Intel Corp.

MICRON TECHNOLOGY INC

Keyence Corp

Equinix, Inc.

Intel Corp

Invesco AI and Next Gen Software ETF

IG Port Inc

Truist Securities analyst David Macdonald maintains UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) with a Buy and lowers the price target from $660 to $580.

News

Price Target

Analyst Ratings

Truist Securities Maintains Buy on UnitedHealth Group, Lowers Price Target to $580

Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) has outperformed the market over the past 20 years by 3.08% on an annualized basis producing an average annual return of 10.87%. Currently, Cheniere Energy has a market capitalization of $50.28 billion. 
Buying $100 In LNG: If an investor had bought $100 of LNG stock 20 years ago, it would be worth $724.61 today based on a price of $225.65 for LNG at the time of writing.
<h3>Cheniere Energy's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745252111_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

If You Invested $100 In This Stock 20 Years Ago, You Would Have This Much Today

Trump's recent executive orders shift U.S. energy policy sharply, dismantling prior initiatives and boosting fossil fuel growth. 
<h2 class="wp-block-heading">Key Players in the Energy Landscape</h2>
The Trump administration scrapped the Biden-era goal of 50% electric vehicle (EV) sales by 2030 and cut EV subsidies. This signals a retreat from clean energy priorities. Instead, it lifted a moratorium on new liquefied natural gas (LNG) export permits to non-free-trade-agreement countries. Companies already navigating early-stage approvals benefit directly from this move.
The pro-energy stance attracts foreign interest, too. Emirates-based ADNOC eyes U.S. resources, with its XRG arm-managing $80 billion in assets as of April 2025-planning major investments soon. It's even exploring an initial public offering. These orders reshape the energy sector, favoring fossil fuels over renewables and setting a new course for industry leaders.
<h2 class="wp-block-heading">Infrastructure Surge and Market Dynamics</h2>
Trump champions domestic pipelines and LNG export facilities, notably an Alaskan project. The International Energy Agency (<a href="https://www.eia.gov/">EIA</a>) projects global LNG demand will rise 50% by 2040 from 2020 levels. Cheniere Energy, a top LNG producer, and TotalEnergies, a global LNG infrastructure leader, stand to gain. Cheniere's stock climbed 20% year-to-date in 2025, showing strong investor confidence.
Exxon Mobil and Chevron shine as high-margin producers. Exxon aims to double its LNG output to 40 million tons annually by 2030, per its 2024 report. However, Trump's tariffs, meant to cut oil prices and boost U.S. firms globally, create risks. Voters may like cheaper gas, but low prices could hurt producers like Occidental Petroleum, Valero Energy, and Marathon Oil. Occidental's debt-to-equity ratio of 1.2 in Q1 2025 signals vulnerability to sustained low oil prices.
<h2 class="wp-block-heading">A Long-Term Fossil Fuel Horizon</h2>
Trump's directives promise steady growth in U.S. fossil fuel production. U.S. oil output hit 13.5 million barrels per day in March 2025, up from 12.8 million in December 2024, per the Energy Information Administration. Streamlined permitting and reduced red tape drive this expansion. Active drilling rigs rose 10% since January 2025, Baker Hughes reports, reflecting increased activity.
The focus on pipelines and LNG facilities points to robust gas investments. In 2025, FERC approved three new LNG terminals, adding 30 million tons per year to export capacity by 2030. This could cement the U.S. as a fossil fuel leader, leveraging immediate and future LNG demand. By cutting regulatory delays, the administration unlocks projects, paving the way for sustained oil and gas growth.
<h2 class="wp-block-heading">Balancing Executive Orders Against Tariffs</h2>
Tariffs pose challenges elsewhere but impact U.S. oil firms less. Domestic providers like Halliburton and Schlumberger dominate, holding over 60% of the U.S. oilfield services market, per Rystad Energy's 2025 report. U.S. manufacturers produce over 90% of oil and gas equipment, a 2024 API study notes, shielding the sector from import tariffs.
This self-reliance minimizes tariff risks. Even modest gains from Trump's orders-like faster permits or LNG export growth-could yield net benefits. Deregulation provides a clear edge, likely outweighing trade uncertainties and giving oil companies a strong outlook.

Commodities

Opinion

ETFs

Trump's 2025 Energy Policy: A Resurgence Of Fossil Fuel

WIIM

Boeing shares are trading lower after Benchmark cut its price target on the stock from $250 to $215.

Truist Securities analyst David Smith maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Buy and lowers the price target from $85 to $84.

SCHW

Truist Securities Maintains Buy on Charles Schwab, Lowers Price Target to $84

RBC Capital analyst Jon G. Arfstrom maintained an Outperform rating on American Express Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) with a <a target="_blank" href="https://www.benzinga.com/quote/AXP/analyst-ratings" rel="noreferrer noopener">price target of $310</a> on Monday.
Last week, American Express reported <a href="https://www.benzinga.com/news/earnings/25/04/44862333/american-express-q1-card-spending-strong-ceo-maintains-annual-outlook-contingent-on-economic-climate" target="_blank" rel="noreferrer noopener">fiscal first-quarter 2025</a> results. The company&#8217;s revenue (net of interest expense) increased 7% to $16.97 billion, topping the analyst consensus estimate of $16.94 billion. 
GAAP EPS of $3.64 topped the&nbsp;analyst consensus estimate of $3.47.&nbsp;The revenue increase was primarily driven by strong Card Member spending, higher net interest income supported by growth in revolving loan balances, and accelerated card fee growth.
Also Read: <a href="https://www.benzinga.com/analyst-ratings/upgrades/25/04/44768565/american-express-receives-upgrade-what-makes-this-stock-so-appealing" target="_blank" rel="noreferrer noopener">American Express Receives Upgrade: What Makes This Stock So Appealing?</a>
American Express&nbsp;reiterated a revenue outlook of&nbsp;$71.22 billion-$72.54 billion (up by 8%-10% Y/Y) versus&nbsp;a&nbsp;consensus of $71.34 billion subject to the macroeconomic environment. It reaffirmed EPS of $15.00–$15.50 versus&nbsp;the&nbsp;consensus of $15.25.
Arfstrom noted the core results as favorable, with core revenue and billing trends mainly showing consistent growth.
Total revenues on a FX adjusted basis increased 8% year over year, or 9% when adjusted for the leap year impacts from the prior year.
Overall, the analyst noted positive management commentary and that billings trends showed consistency throughout the quarter and into early April.
Management noted that most customer types and spending categories are showing stability or modest improvement relative to 2024. Airline spending, however, decelerated.
Overall, Arfstrom appreciated management&#8217;s confidence in the durability of their customer base, spending trends, and revenue outlook.
The analyst also noted that management will continue to invest in the business to achieve longer-term goals, regardless of the potential for slower revenue growth, and will balance the growth and profitability objectives.
The company maintained 2025 EPS guidance of $15.00 to $15.50 and revenue growth for the full year to be in the 8% to 10% range. Arfstrom called that a positive.
Price Action:&nbsp;AXP stock is down 4.11% at $240.93 at the last check on Monday.
Read Next:
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</ul>
Image: Shutterstock

Reiteration

American Express' Solid Revenue, Spending Trends Drive Analyst Optimism

Taiwan Semiconductor shares are trading lower after Barclays cut its price target on the stock from $255 to $215.

Truist Securities analyst David Smith maintains State Street (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STT#NYSE">STT</a>) with a Hold and lowers the price target from $89 to $85.

Truist Securities Maintains Hold on State Street, Lowers Price Target to $85

Williams Trading analyst Sam Poser maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Buy and lowers the price target from $93 to $73.

Williams Trading Maintains Buy on Nike, Lowers Price Target to $73

<a href="https://www.dailymail.co.uk/news/article-14632425/delta-flight-evacuated-orlando-engine-fire.html" title="https://www.dailymail.co.uk/news/article-14632425/delta-flight-evacuated-orlando-engine-fire.html">https://www.dailymail.co.uk/news/article-14632425/delta-flight-evacuated-orlando-engine-fire.html</a>

European Aeronautic Defence And Space Unsponsored

EADSY

'A Delta Airlines Plane Was Evacuated On The Runway Of Orlando Airport After An Engine Fire, Flames Were Spotted Coming From The Engine Of The Airbus A330, Forcing Crew To Deploy Emergency Slides To Passengers Could Escape' - Daily Mail

Blackstone shares are trading lower. B of A Securities cut its price target on the stock from $207 to $166.

Truist Securities analyst William Stein maintains Microchip Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) with a Hold and lowers the price target from $56 to $43.

MCHP

Truist Securities Maintains Hold on Microchip Technology, Lowers Price Target to $43

Hertz Global shares are trading lower after surging last week on a stake from Pershing Square.

MP Materials shares are trading lower after the company ceased shipments of rare earth concentrate to China, citing retaliatory tariffs and export controls.

As markets nervously lean towards growth and innovation after a defensive stint, Harbor Capital Advisors is capitalizing on the rebound with its latest fund: the Harbor Transformative Technologies ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEC#NYSE">TEC</a>), which debuted on Thursday.
The actively managed fund sets its target on long-term capital appreciation, focusing on companies that are defining the next wave of technological innovation. TEC comes to market at a point when investors are selectively moving into growth tales—particularly those that are underpinned by genuine innovation and sound fundamentals.
Also Read: <a href="https://www.benzinga.com/25/04/44870375/blackrock-debuts-first-3-capped-sp-500-etf-to-tame-mega-cap-dominance">BlackRock Debuts First 3% Capped S&amp;P 500 ETF To Tame Mega-Cap Dominance</a>
Inside TEC
TEC has a net expense ratio of 0.69% and invests in companies that Harbor calls &#8220;transformative technology&#8221; companies. That&#8217;s financial industry jargon for companies working on new ways to do things with AI, biotech, automation and the like—basically, companies that have more patents than paper clips. Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), you name it, the fund portfolio has it. However, none of TEC&#8217;s holdings enjoys more than 4% of its total assets.
The fund seeks to find companies with exceptional growth potential, regardless of their size or location in the U.S. or abroad. As much as 20% of TEC&#8217;s assets may be invested in foreign issuers, expanding its search for innovation around the world.
Why Now?
The fund debuts as market sentiment eases into tech-driven strategies. Despite investors&#8217; caution about volatility, the longer-term picture for tech innovation remains optimistic. TEC is a thematic vehicle for investors who bet that breakthroughs, not balance sheets, might fuel the next bull cycle.
Final Byte
With tech set to lure capital and headlines once again, TEC arrives at a moment when investors are increasingly seeking exposure to companies with genuine, game-changing potential.
Read Next: 
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<li><a href="https://www.benzinga.com/25/04/44891877/zions-bancorp-gears-up-for-q1-print-here-are-the-recent-forecast-changes-from-wall-streets-most-accurate-analysts">Zions Bancorp Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts</a></li>
</ul>
Photo: Shutterstock

New ETFs

AAPL

AMZN

AVGO

MSFT

NVDA

Harbor's TEC ETF Banks On Breakthroughs Over Balance Sheets

Stephens &amp; Co. analyst Matt Breese reiterates Norwood Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWFL#NASDAQ">NWFL</a>) with a Equal-Weight and maintains $25.5 price target.

NWFL

Stephens & Co. Reiterates Equal-Weight on Norwood Financial, Maintains $25.5 Price Target

Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) shares have fallen nearly 25% in 2025 and the stock is taking another blow on Monday after an analyst slashed<a href="https://www.benzinga.com/markets/25/04/44897891/mark-cuban-says-its-a-game-of-chicken-with-china-as-he-questions-trumps-strategy-behind-tariffs-you-cant-be-dogmatic-in-business-or-government"> its price target.&nbsp;</a>
The Details: Amazon shares are slipping further Monday after Raymond James analyst Josh Beck downgraded the stock from Strong Buy to Outperform and lowered the price target from $275 to $195, well-below the Street's average of about $255.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/global/25/04/44899617/90-chance-of-recession-due-to-trumps-tariffs-sharp-slowdown-is-coming-economist-says">90% Chance Of Recession Due To Trump&#8217;s Tariffs: &#8216;Sharp Slowdown&#8217; Is Coming, Economist Says</a>
The analyst cited underestimated pressures on Amazon's earnings before interest and taxes (EBIT) for 2025 and 2026, driven by macroeconomic headwinds, tariffs and the need for increased investment.&nbsp;
Tariff Pressures: Raymond James estimated that about 30% of Amazon&#8217;s first-party gross merchandise volume originates from China and roughly 15% of its advertising revenue is tied to China.&nbsp;&nbsp;
The analyst also cited data from MarketplacePulse that estimates between 40% and 60% of Amazon's third-party sellers are located in China, making the company especially vulnerable to President Donald Trump's tariff policies.&nbsp;
BofA Securities analyst Justin Post on Sunday maintained a Buy rating and $225 price target, but also noted increased short-term uncertainty with a "growing impact from supply disruptions as 2Q progresses."&nbsp;
AMZN Stock Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Amazon shares are down 3.38% at $166.78 at the time of publication Monday.&nbsp;
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/general/social-media/25/04/44817229/chinese-tiktok-influencers-expose-cheap-nike-lululemon-suppliers-to-bypass-trump-tariffs">Chinese TikTok Influencers &#8216;Expose&#8217; Cheap Nike, Lululemon Suppliers To Bypass Trump Tariffs&nbsp;</a></li>
</ul>
Photo: Shutterstock

Large Cap

Downgrades

Movers

Tech

Amazon Stock Downgraded, Price Target Slashed As Tariffs Create Uncertainty

Every two years, Star Wars holds its Celebration <a href="https://www.benzinga.com/general/entertainment/23/04/31734634/may-the-force-be-with-disneys-star-wars-future-new-movies-tv-shows-and-the-return-of-daisy-">multi-day event </a>that provides a look at what's to come for the well-known franchise across television, movies, video games and more.
Here's a look at the highlights from the Star Wars Celebration event in Japan held over the weekend.
Television: Since Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) <a href="https://www.benzinga.com/general/entertainment/23/07/33170350/if-you-invested-1-000-in-disney-stock-when-it-acquired-lucasfilm-think-indiana-jones-star-w">acquired Lucasfilm in 2012</a> for $4.05 billion, the franchise has proven valuable for movies on the big screen and for television series to boost the presence of the Disney+ streaming platform.
Disney used Celebration to <a href="https://www.starwars.com/news/star-wars-celebration-2025-roundup">highlight </a>its upcoming second and final season of "Andor," which has a three-episode premiere on Disney+ on April 22.
The Celebration event also featured a look at a second season of "Ahsoka," which does not have a current release date. Hayden Christensen was confirmed to reprise his role as Anakin Skywalker from past movies in the upcoming season of the Disney+ series.
Lego Star Wars series "Lego Star Wars Rebuild the Galaxy: Pieces of the Past" has a second season coming to Disney+ on Sept. 19.
Animated series "Star Wars: Maul – Shadow Lord" will be the next series to feature fan favorite Sith lord, Darth Maul. The series is set for a 2026 release on Disney+.
A third season of "Young Jedi Adventures" is also set for release on Disney+ in the fall. The series is aimed at a younger crowd of future Star Wars fans and has been a consumer products and licensing hit for Disney.
Read Also:<a href="https://www.benzinga.com/general/entertainment/24/05/38629787/may-the-fourth-be-with-you-the-history-of-the-star-wars-holiday-new-shows-and-movies-coming"> May The Fourth Be With You: The History Of The Star Wars Holiday, New Shows And Movies Coming Up, And Top Deals For Fans</a>
Movies: One of the larger features of the Star Wars Celebration event was a focus on the upcoming "The Mandalorian and Grogu" film, set for a May 22, 2026 theatrical release date.
The new film marks the first theatrical Star Wars release since 2019. &#8220;The Rise of Skywalker,&#8221; the last feature-length film in the series, grossed $515.2 million domestically and $1.07 billion worldwide. The 2018 release &#8220;Solo: A Star Wars Story&#8221; grossed $213.8 million domestically and $392.9 million worldwide.
The film brings popular characters from the series "The Mandalorian" to the big screen, including Grogu, also known as "Baby Yoda."
Star Wars management also announced "Star Wars: Starfighter" is the next film to enter production, set to begin in the fall and with a theatrical release date of May 28, 2027.
The film comes from Shawn Levy, who has worked on hit franchises like "Deadpool" and "Stranger Things." The film will star Ryan Gosling, who showed off his early Star Wars fandom at the Celebration event with pictures of his old Star Wars bedding as a child.
Star Wars also gave quick updates that there are other films in development, including a film with Daisy Ridley returning as Rey and a new trilogy from Simon Kinberg.
Disney now has Star Wars movies on the calendar for back-to-back years, which along with its Marvel and Pixar franchises could provide some excitement for shareholders and movie theater companies.
Video Games and Toys: Star Wars Celebration also featured panels about upcoming new video game collaborations and toys.
Hasbro Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) shared news on upcoming toys and collectibles based on fan favorite Star Wars characters of old and characters from recently released series.
Ubisoft debuted a trailer for the new A Pirate's Fortune story pack for Star Wars Outlaws. The story pack is free to season pass owners of the game or for $14.99.
Star Wars also highlighted a new mixed reality playset that brings podracing to Meta Quest, the mixed reality headset from Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>). Titled "Star Wars: Beyond Victory -A Mixed Reality Playset," the new experience features Sebulba and an immersive podracing experience.
Disney has partnered with the game Fortnite from Epic Games in the past with skins and season features centered on Star Wars, Marvel and Pixar characters. On May 2, a Star Wars takeover in Fortnite begins with the "Imperial Takeover" chapter. The Star Wars collaboration features weekly chapters and will see characters like Emperor Palpatine and Darth Jar Jar as parts of the plot of the new season.
The Star Wars collaboration will end with a live event.
Disney <a href="https://www.benzinga.com/news/earnings/24/02/36993564/disney-invests-1-5b-in-fortnite-owner-epic-games-in-biggest-ever-gaming-entry-posts-q1-earnings-bea">took a $1.5 billion stake </a>in Epic Games back in 2024 and is partnering with the gaming company to create an entertainment universe for the Disney content library in the future.
DIS Price Action: Disney stock is down 2.08% to $8305 on Monday at publication versus a 52-week trading range of $80.10 to $118.63. Disney stock is down 25% over the last year.
Read Next: 
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<li><a href="https://www.benzinga.com/25/02/43494650/disney-q1-earnings-powered-by-moana-2-and-mufasa-theme-parks-loses-streaming-subscribers">Disney Q1 Earnings: Revenue And EPS Beat, Moana 2 and Mufasa Power Operating Income, 700K Drop In Streaming Subscribers</a></li>
</ul>
Photo: <a href="https://www.shutterstock.com/g/Gennadii-1989">Gennadii-1989</a> via Shutterstock

Entertainment

Gaming

Star Wars Highlights TV, New Movie With Ryan Gosling, Fortnite Collab: Will The Force Be With Disney Stock?

JP Morgan analyst Kenneth Worthington maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Overweight and raises the price target from $92 to $95.

JP Morgan Maintains Overweight on Charles Schwab, Raises Price Target to $95

Currency markets are becoming more volatile, which has been good news for traders who participate in their multi-trillion daily volume. CVIX, the index of market-implied currency volatility, surged above 10 in April as most currencies gained ground against the US dollar.
As usual, doomsday headlines indicate that taking a contrarian stance and scalping the dollar on the upside, at least for the short term, might be a wise choice.
Last week&#8217;s big central bank news went as expected, as the Bank of Canada held the rate steady while the European Central Bank cut yet another 25 bps. CPI news delivered another inflationary cooldown across the board, which will only be more stimulative for further rate cuts—but not yet for the dollar, due to <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44848474/fed-chair-powell-says-tariffs-lead-to-temporary-rise-in-inflation">hawkish commentary</a> from the FED&#8217;s Chairman Jerome Powell, which further reinstates the dollar&#8217;s short-term strength hypothesis.
The week ahead will bring <a href="https://singaporeforexclub.com/how-to-read-the-forex-economic-calendar">PMI news</a> from multiple markets, Bank of England Governor Bailey will speak on Wednesday, and the Swiss National Bank Chairman Schlegel&#8217;s speech will round up the fundamental news by Friday. The weekly focus will be on finding potential NZD weakness, EUR strength, or GBP strength.
Key News:
<ul>
<li>Tuesday: EUR – ECB President Lagarde Speech</li>
<li>Wednesday: EUR – French, German PMI, GBP – PMI, USD – PMI, GBP – Governor Bailey Speech</li>
<li>Thursday: USD – Unemployment Claims</li>
<li>Friday: GBP-Retail Sales, CAD–Retail Sales, CHF–Chairman Schlegel Speech</li>
</ul>
Pairs In Focus
1.EUR NZD
EUR/NZD has potentially completed its pullback, finding some footing toward the end of last week and reaching key levels from earlier this month. As long as price doesn&#8217;t close below 1.90880 on the daily chart, doesn&#8217;t establish a lower low, and keeps grinding higher—comfortably closing above the 1.92600 level, which is a key resistance on the hourly chart—the potential for an intra-week continuation is around 1.96250. Retail sentiment is 77% short, which reinforces the long thesis.
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="449" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/04/21102703/EURNZD_2025-04-20_22-26-50-1024x449.png" alt="" class="wp-image-11080" style="width:920px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/04/21102703/EURNZD_2025-04-20_22-26-50-1024x449.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/04/21102703/EURNZD_2025-04-20_22-26-50-300x132.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/04/21102703/EURNZD_2025-04-20_22-26-50-768x337.png 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/04/21102703/EURNZD_2025-04-20_22-26-50.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
EUR/NZD Daily Chart, Source: TradingView
2. GBP JPY
GBP JPY has printed an inside weekly bar. The price tried to take out last week&#8217;s low before failing and turning around. The anticipation for the next week is for a rally that will take out last week&#8217;s high, with the potential to reach as high as 191.900.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="454" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/04/21102809/GBPJPY_2025-04-20_22-25-38-1024x454.png" alt="" class="wp-image-11081" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/04/21102809/GBPJPY_2025-04-20_22-25-38-1024x454.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/04/21102809/GBPJPY_2025-04-20_22-25-38-300x133.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/04/21102809/GBPJPY_2025-04-20_22-25-38-768x340.png 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/04/21102809/GBPJPY_2025-04-20_22-25-38.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
GBP/JPY Daily Chart, Source: TradingView
Ideally, an early week&#8217;s daily close above 190.130 would be a good opportunity to look for a follow-up pullback to set up the longs.
Notes:
<ul>
<li>AUD/CAD: Pulled back into support at 0.88500. As long as the price stays under 0.88750, it is a good candidate for a short.</li>
<li>AUD/NZD: Found some support around 1.07 but remains bearish.</li>
<li>AUD/SGD: Similar price action to AUD/CAD – the pullback seems temporarily finished, and <a href="https://singaporeforexclub.com/forex-price-action">price action</a> has</li>
<li>AUD/JPY:&nbsp; Failed to pull back to previous support—currently in a ranging phase.</li>
<li>AUD/CHF: Rejected the pullback; it might remain in a range for a while.</li>
<li>CAD/JPY: Remains in a consolidation, but the overall trend is to the downside.</li>
<li>CHF JPY: Pulled back after a huge breakout. As long as it stays above 173, the trend is to the upside.</li>
<li>EUR/AUD: The price has been compressing, and it will likely break out sometime soon. The bias is toward the upside.</li>
<li>EUR JPY: It didn't move as high as anticipated last week. Established support around 161.130 remains in play.</li>
<li>GBP/AUD: Found support around 2.07150. It looks ready for a sustained move to the upside.</li>
<li>GBP NZD: Pulled back to 2.25500 as anticipated and made a new lower low on the daily. The key level to watch above is 2.25120.</li>
<li>NZD/JPY: Staged a minor rally early in the week before crashing. Further downside movement is possible toward 82.900</li>
</ul>
Disclaimer: Any opinions expressed in this article are not to be considered investment advice and are solely those of the authors. <a href="https://singaporeforexclub.com">Singapore Forex Club</a> is not responsible for any financial decisions based on this article&#8217;s contents. Readers may use this data for information and educational purposes only.

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