Topics Market Pulse

Did you miss these trade setups?

Beginner
Market Pulse
Daily Bits
Apr 3, 2026

With US markets closed today, we take this opportunity to revisit some trade setups that were fulfilled recently.

But first, an important note:

The highly-anticipated monthly US jobs report (NFP) is still due to be released at 12:30PM UTC today (Friday, April 3rd).

Ask TradeGPT: Why must every trader and investor pay close attention to the monthly US nonfarm payrolls report?

Here now are some major trade setups you may have missed:

1) TRON (TRXUSDT) respects downside target set on Monday, March 30th

Apr03_DYMO.png

  • MARCH 30th - what we wrote while TRON was flirting with the 0.3250 level: 

"DOWNSIDE: Should traders be enticed to take profits, that may see TRON revisit the 0.3130 level ..."

  • MARCH 31st onwards - what's happened since:

TRON prices dipped slightly below the 0.3130 level before rebounding back above that downside price target level.

In other words ...

The 0.3130 mark was just about as good as it got for traders who went "short" on TRON (expect prices to move lower) since our report was first published on Monday, March 30th.
Apr03_TRON.png

2) Nikkei225 respected 100-day SMA - a key level cited on Monday, March 30

Apr03_DYMO_2.png

  • MARCH 30th - what we wrote while Japan's benchmark stock index was trading between its 100-day and 200-day simple moving averages (SMAs):

"UPSIDE: Nikkei225 may resurface above its 100-day simple moving average (SMA) once more on a weaker JPY ..."

  • APRIL 1st onwards - what's happened since: 

The Japanese Yen has weakened 0.5% against the US dollar so far this month (April 2026).

This makes JPY the 2nd worst-performing G10 currency versus USD month-to-date (NZD is the worst G10 performer, down 0.6% against the US dollar so far in April).

The JPY weakness helped boost the Nikkei225 above its 100-day SMA, as expected!

Also notably, on Thursday, April 2nd, the Nikkei225 then erased gains from the day prior to test support at its 100-day SMA

And at the time of writing today (Friday morning, April 3rd, pre-NFP), this stock index is STILL testing this widely followed technical indicator for critical support.

This justifies our analysis in choosing the 100-day SMA as a critical technical indicator to watch in our March 30th report.
Apr03_Nikkei225.png

3) WTI Crude Oil (USOUSD) respected "upward bias", posts biggest 1-day gain in 4 weeks

  • APRIL 1st - what we wrote while WTI Crude Oil was dipping below $100/bbl ...

"The upward bias for oil prices should remain intact as long as Iran continues to exert a chockhold on shipping traffic through the Strait of Hormuz that deprives the world of its much-needed oil supplies."

  • APRIL 2nd - what's happened since:

Prices of WTI Crude Oil - the US benchmark for oil prices - soared 11.4% on Thursday, April 2nd, marking its biggest one-day gain in 4 weeks (since the 12.2% surge on March 6th).

Apr03_USOUSD.png

SPECIAL MENTION

Bybit's latest listing skyrocketed as much as 547% since its March 31st debut!

US jobs report to help 3rd and final "asset to watch" fulfill trade setup?

Some markets are closed today (Friday, April 3) for the Good Friday market holiday, meaning no trading for popular TradFi products such as oil benchmarks (Bybit: UKOUSD and USOUSD) and precious metals (XAUUSD+ and XAGUSD).

However, Bybit perpetuals that aim to mirror the TradFi assets listed above are still available for trade 24/7.

Hence, the DeFi equivalents to the above listed TradFi instruments (oil benchmarks and precious metals) are primed to react to the incoming US nonfarm payrolls report due 12:30PM UTC today (Friday, April 3rd):

Also, other major assets such as cryptos, FX, and US stock indices are still printing prices on this Good Friday.

With 2 of our "3 Assets to Watch" selected since Monday, March 30th already fulfilling their respective trade scenarios ...

It remains to be seen whether the last-one-standing, EURUSD+, can fulfill either its Upside or Downside trade scenarios when the US jobs report arrives.
Apr03_EURUSD_.png

Tap HERE to get all you need to know ahead of this pivotal monthly US jobs/NFP report.