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
27.03.2025 10:21 AM
Who Had Any Doubts? Trump Remains Committed to His Economic Course (GBP/USD May Fall, #SPX May Rise)
Open trading account Open demo account

Despite the ongoing political maneuvering, U.S. President Donald Trump remains committed to his economic strategy. This approach aims to dismantle the long-standing global economic model in which the U.S. primarily produces money while the rest of the world supplies the goods.

And once again—unsurprisingly—he has taken another step in this direction by following through on a previous promise: implementing a 25% tariff on all imported cars, including passenger and light trucks. Additionally, tariffs on spare parts were also increased. All of this is set to take effect on April 2, the so-called "Hour X," when other tariffs will also come into force. Why is he doing this? According to the president, the goal is to stimulate manufacturing within the U.S.

As I've previously explained, Trump's main objective is to quickly put the U.S. on the path of producing real goods—cars, computers, food, and so on—that are currently being imported in massive quantities. He understands that maintaining the previous economic course will eventually destroy the U.S. economically and politically. In effect, he's applying shock therapy, believing that while the initial effects may be painful, real improvements will follow. He aims to shift the trade balance in favor of the U.S. rather than China, the EU, Canada, Mexico, and others who currently benefit most from exporting to America.

And what about financial markets? They're showing signs of shock, but there hasn't been a collapse. On one hand, some still hope the president might soften his stance and reduce trade tariffs. On the other, realists believe that the first shock wave has passed. This means the markets have already priced in the decision and, in the future, will only react to the actual impact. Even imposition the most aggressive tariffs may not visibly affect the markets.

The U.S. stock market continues to benefit from an influx of foreign capital amid global geopolitical risks, including the Ukraine crisis. The weakness of the European economy, combined with hollow promises of recovery and discussions about creating a European army, remains just talk, prompting European businesses to gradually shift toward the U.S., where government support is clearly on display. We are witnessing a liquidity-channeling process from Europe to America.

Given all this, I believe there is no reason to expect a stock market collapse in the U.S. Yes, there may be a local dip around the April 2 tariff enactment, but any decline will likely be quickly bought up, setting the stage for a new wave of stock index growth.

Will the U.S. dollar fall sharply? I doubt it. Trump has repeatedly stated that he wants the dollar to retain its dominant global role. Any moderate decline in the dollar could be beneficial, helping U.S. companies remain competitive globally. I believe the ICE dollar index will stay above 103.00. However, the euro, sterling, and other Forex-traded currencies—except for the yen—may come under prolonged pressure from the ongoing trade wars.

This image is no longer relevant

This image is no longer relevant

Forecast of the Day:

#SPX

The SPX CFD (S&P 500 futures) remains in a short-term uptrend and is even showing signs of a local bullish reversal. It is trading above the support level of 5711.85, which from a technical standpoint allows for continued growth. Holding above this level could lead the contract to rise toward 5812.75. A potential entry point could be 5727.87.

GBP/USD

The pair is trading below the 1.2930 level. If it stays below this mark, a renewed decline is likely, first toward 1.2865, and then to 1.2800. A potential entry point could be around 1.2908.

Pati Gani,
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
Wave analysis
EUR/USD Analysis on April 2, 2025 The wave pattern on the 4-hour EUR/USD chart is on the verge of transforming into a more complex structure. Since September 25 of last year, a new downward wave structure
Chin Zhao
20:25 2025-04-02 +02:00
1180
Wave analysis
GBP/USD Analysis on April 2, 2025 The wave pattern for GBP/USD remains somewhat ambiguous, though generally manageable. Currently, there's still a strong likelihood of a long-term downward trend forming. Wave 5 has taken a convincing shape
Chin Zhao
20:23 2025-04-02 +02:00
1045
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

XAU/USD. Analysis and Forecast

Gold continues to rise as investors remain concerned about U.S. President Donald Trump's aggressive trade policy and its impact on the global economy. In addition, ongoing geopolitical tensions serve
Irina Yanina 13:22 2025-04-02 UTC+2

AUD/USD: Analysis and Forecast

Today, the AUD/USD pair is showing positive momentum, rebounding from nearly a four-week low. Support has come from the Reserve Bank of Australia's less "dovish" stance, with the central bank
Irina Yanina 12:25 2025-04-02 UTC+2

Markets May React to New U.S. Tariffs with Growth—But Under One Condition... (GBP/USD Downside and USD/CAD Upside Possible)

The day Donald Trump declared "Liberation Day" has arrived. Markets are bracing for the U.S. to introduce comprehensive and large-scale tariffs on its trade partners and potential retaliatory measures from
Pati Gani 09:51 2025-04-02 UTC+2

The Market Needs Proof

It's too late to be afraid. Rumors are circulating in the market that the White House may implement a universal 20% levy instead of reciprocal tariffs—pushing the average import duty
Marek Petkovich 09:16 2025-04-02 UTC+2

What to Pay Attention to on April 2? A Breakdown of Fundamental Events for Beginners

There will be very few macroeconomic events on Wednesday, but yesterday showed us that even a large number of macro reports do not always trigger significant movement—even within
Paolo Greco 06:25 2025-04-02 UTC+2

GBP/USD Pair Overview – April 2: The Pound Still Stuck in Place

The GBP/USD currency pair continues to trade in a flat range. On the 4-hour timeframe, this is a classic flat; on the lower timeframes, it looks more like a "swing."
Paolo Greco 05:14 2025-04-02 UTC+2

EUR/USD Pair Overview – April 2: The Dollar Gets Unlucky Again

The EUR/USD currency pair continued trading sluggishly and reluctantly on Tuesday. The market continued anticipating new tariffs from Donald Trump, even though the macroeconomic background was very strong yesterday. While
Paolo Greco 05:13 2025-04-02 UTC+2

Bitcoin caught in bull trap

The bottom shows no strength, the top has no desire. Even the so-called "smart money" is not rushing to buy Bitcoin, citing a confluence of negative factors. Tepid trading activity
Marek Petkovich 15:58 2025-04-01 UTC+2

USD/JPY. Analysis and Forecast

Today, the USD/JPY pair is struggling to benefit from a slight intraday upward movement, especially amid expectations that the Bank of Japan may raise interest rates at a faster pace
Irina Yanina 11:37 2025-04-01 UTC+2

US stock market: bad news fully priced in

The S&P 500 had its worst quarter in three years. Investors are shifting capital from North America to Europe. Once-booming US tech stocks have collapsed. Major banks and respected institutions
Marek Petkovich 09:13 2025-04-01 UTC+2

Top analytics

Relevance up to 22:00 UTC--4
EUR/USD Forecast for April 2, 2025
04:49 2025-04-02
Technical analysis
Relevance up to 02:00 UTC--4
EUR/USD: Simple Trading Tips for Beginner Traders on April 2. Review of Yesterday's Forex Trades
08:50 2025-04-02
Forecast
Relevance up to 22:00 UTC--4
GBP/USD Forecast for April 2, 2025
04:49 2025-04-02
Technical analysis
Relevance up to 02:00 UTC--4
GBP/USD: Simple Trading Tips for Beginner Traders on April 2. Review of Yesterday's Forex Trades
08:50 2025-04-02
Forecast
Relevance up to 05:00 UTC--4
Forex forecast 02/04/2025: EUR/USD, USD/JPY, USDX and Bitcoin
11:34 2025-04-02
Technical 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.