Nick Goold
Financial markets continued to be encouraged by hopes that a full-blown trade war will be avoided, with risk assets rising over the past week. Both U.S. and Japanese equities gained, supported by stronger-than-expected U.S. employment data and renewed optimism after a new round of U.S.–China trade talks began in central London on Monday.
The U.S. dollar index recovered some ground but remained below the key 100 level, while USD/JPY held support and climbed back above the 10-day moving average. Meanwhile, the ECB cut its official interest rate by 25 basis points to 2% as expected, citing a softer inflation outlook. The move had limited impact on the broader market.
Gold traded sideways as investors looked for direction, and crude oil tested resistance but failed to break higher, remaining range-bound. Bitcoin continued its strong uptrend, finding support around $105,000 and pushing back toward historical highs. Overall, the week was marked by cautious optimism, with markets responding positively to progress on trade talks and solid economic data.
Markets This Week
U.S. Stocks
The Dow had another strong week as optimism grows that Trump will reach a deal with China and avoid a full-scale trade war. While the overall tone is positive, the risk of surprise negative headlines remains, so caution is still warranted. If resistance at $43,000 is broken, it could trigger further buying, with the next target at $44,000. For now, short-term traders may find the best opportunities through range trading. Key support levels are seen at $42,000, $41,500, and $41,000.
Japanese Stocks
The Nikkei 225 rose to test resistance, following gains in U.S. equities. However, the advance was limited by concerns that ongoing U.S.–Japan tariff negotiations could reduce export revenues for Japanese companies selling to the U.S. With the 10-day moving average trending sideways, range trading remains the preferred strategy. Key support levels are at 36,500円 and 36,000円, while resistance is seen at 38,500円, 39,000円, and 40,000円.
USD/JPY
USD/JPY was quiet for most of the week as the market tested support levels. However, stronger-than-expected U.S. employment data helped the pair break out of its recent downward trend. Overall, the 142 to 146 range remains intact as traders count down to the 90-day tariff freeze deadline, awaiting announcements from U.S. negotiations with both China and Japan. Resistance is seen at 145.00, 146.00, and 148.00, while support lies at 142.00 and 140.00.
Gold
Gold attempted to move higher at the start of last week but failed to break resistance as risk sentiment continued to improve. Strong U.S. employment data supported the dollar and triggered additional selling in gold. With momentum now neutral, range trading remains the preferred strategy. Support is seen at $3,250, $3,200, and $3,150, while resistance stands at $3,400, $3,435, and $3,500.
Crude Oil
Crude oil continued its recent recovery after forming a double bottom around $55, with rising Middle East tensions attracting fresh buying interest. Stronger-than-expected U.S. employment data added to the momentum on Friday, pushing prices above key resistance at $65. With that level now broken, buying on dips appears to be the best strategy. The next resistance levels are $67.50 and $70, while support is seen at $60 and $55.
Bitcoin
Bitcoin suffered further liquidation early last week, unexpectedly dropping to $100,000. However, the weakness was well supported, with prices quickly rebounding and returning toward historical highs as institutional support for Bitcoin remains strong. Last week’s price action was very positive, suggesting that buying on weakness is the best approach, though the market is slightly overbought in the short term. Support is at $105,000, $100,000, and $95,000, while resistance is seen at $110,000, $112,500, and $115,000.
This Week’s Focus
Tuesday: U.K. Employment Rate
Wednesday: U.S. CPI
Thursday: U.K. GDP, U.S. PPI
Friday: E.U. Industrial Production, U.S. Michigan Consumer Sentiment
This week, all eyes will be on U.S.–China trade discussions taking place in London, as any announcement from the talks could become the most important market-moving event. In addition, U.S. inflation data releases will be closely watched, with traders using the results to gauge the timing of the next interest rate cut by the Federal Reserve.
Markets have remained range-bound for several weeks, but with multiple key events on the calendar, a major move could be just around the corner—either this week or next.
How the Trump–Musk Feud Created Big Moves—and Trading Opportunities
On Thursday, June 6, markets were shaken by a public split between President Donald Trump and Elon Musk, sending Tesla’s stock down over 10% in a single day. The sharp drop showed just how quickly major news can move individual stocks. The fallout began when Musk criticized a new Trump-backed bill that cut support for electric vehicles and solar power while protecting oil and gas subsidies. Musk said the bill was rushed through without proper review.
Tesla Daily Chart
Trump responded by saying he had already asked Musk to leave his administration and suggested canceling government contracts linked to Musk’s companies. He accused Musk of being upset about losing federal support. Musk hit back online, saying he helped Trump win the election and even reposted a message calling for Trump’s impeachment. Trump then declared the relationship over and warned of “serious consequences” if Musk supported Democrats. Tesla’s stock fell as much as 18% before slightly recovering.
Since that shock, Tesla has started to rebound—but uncertainty remains. We don’t yet know if this will turn into a long-term buying opportunity. However, the short-term volatility has already created many trading chances, as prices move sharply in both directions.
Why Trading Individual Stocks Offers Big Opportunities
Events like the Trump–Musk fallout show why trading individual stocks can be more exciting—and more profitable—than trading indices, forex, or commodities. Here’s why:
1. Bigger Moves on News
When big news breaks about one company, its stock can move much more than the broader market. While indices like the S&P 500 or currency pairs like USD/JPY might only move a little, stocks like Tesla can jump or drop 10% or more in a single day. These big moves create great chances for traders who are ready to act. If you follow the news closely, you can often catch the trend early and ride the momentum.
Becoming an expert in the news that moves a small group of stocks can lead to large profits. You don’t need to track everything—just focus on the companies that are making headlines.
2. You Can Trade Both Ways—Up or Down
With Titan FX on MT5, you can trade U.S. and Japanese stocks in both directions—just like you can with forex, indices, and commodities. Go long if you expect a stock to rise, or go short if you think it will fall. This gives you the flexibility to trade in any market condition. When a stock is trending, you can follow the move and take advantage of clear setups.
3. Stronger and Easier-to-Follow Trends
Stocks often form clearer and stronger trends than forex or indices—especially when there’s news. Tesla is a good example. It doubled from October to December 2024, then dropped sharply in early 2025. These big swings are ideal for trend-following strategies.
One simple approach is to use a 10-bar moving average:
- Buy when price pulls back to an upward-sloping 10-bar average
- Sell when price rallies into a downward-sloping 10-bar average
This can give you high-probability entry points with good risk-reward. If you like short-term trading, use the 5-minute chart. If you prefer longer setups, try the hourly or daily chart.
Tesla 5 minute chart June 5 2025
4. Works for Any Trading Style
Whether you're a day trader or a swing trader, individual stocks like Tesla offer something for everyone.
- Day traders can take advantage of fast intraday moves using shorter charts like the 5-minute or 15-minute. News-driven price spikes, earnings releases, or sharp reactions to headlines can offer multiple trade setups throughout the day.
- Swing traders can focus on longer timeframes like the daily or 4-hour chart. These setups often give more time to plan entries, use wider stops, and aim for larger targets over several days or even weeks.
Some traders prefer to combine both approaches—scalping small moves during volatile sessions and holding larger positions when a clear trend forms.
5. More Choices, More Action
With Titan FX you can trade many U.S. and Japanese stocks. From big tech companies to exporters, energy firms, and trending sectors—there’s always something moving. News, earnings, and events give traders constant opportunities. You don’t have to wait—there’s always a stock reacting.
What It Means for Traders
The Trump–Musk fallout is a perfect example of how fast stocks can move when big news breaks. Tesla dropped over 10% in one day, and though it’s started to recover, the future remains uncertain. We don’t know if it’s a long-term buying opportunity—but in the short term, the volatility has created many trading chances. Trading individual stocks gives you fast-moving trends, the ability to go long or short, and more flexibility than trading only indices, forex, or commodities.
Countdown to the End of the Freeze
With the July 8 tariff freeze deadline fast approaching, global markets are on edge. Whether a deal is struck or tensions rise, volatility is coming — and smart traders are preparing now. Titan FX gives you the tools and speed to take full advantage. From FX to gold, indices, and crypto, our tight spreads and ultra-fast execution let you act fast when the news hits.
Why Trade FX & CFDs with Titan FX?
✅ Ultra-Fast Execution – Stay ahead of sharp market movements in FX, indices, stocks, crypto, and commodities.
✅ Advanced Charting & Analysis Tools – Identify breakout points, trend shifts, and key trading levels with confidence.
✅ Trade Multiple Markets – From FX to gold, crude oil, stock indices, individual stocks, and crypto, trade it all from one platform.
✅ Secure and Flexible Funding – Focus on trading while we handle seamless deposits and withdrawals.
Markets are bracing for impact as the clock ticks down. Trade with confidence — and turn volatility into opportunity — with Titan FX.
Don’t just watch the action—profit from it. Start trading with Titan FX today!
