JPMorgan and HSBC: Oil Supply Recovering from Middle East Disruption

The news reports that oil supply has recovered from a Middle East-related disruption, which could mean downward pressure on energy prices and a slight improvement in risk appetite. For JPM, this is not a direct and strong catalyst, but rather an indirect effect through macro sentiment. The technical picture points to an overbought zone: RSI14 is at 74 and the price is clearly above SMA20/SMA50, which increases the risk of short-term profit-taking. MACD is positive and above the signal line, so momentum remains strong; however, after a 4.9% rise in 24 hours, upside appears limited. Therefore, I expect a neutral, slightly volatile course in the 1-3 day outlook.

The news headline is not directly related to GOOGL; it is a macro development regarding oil supply. GOOGL has risen 3.9% in 24 hours and is trading above the SMA20 but below the SMA50. With an RSI of 51, it is in neutral territory; MACD is negative but above the signal line, indicating a slight short-term recovery tendency. The improvement in oil supply may indirectly support technology stocks through energy costs, but the impact is limited. Therefore, the 1-3 day outlook is neutral, with high directional uncertainty.

The news implies that the Middle East-originated oil supply disruption has recovered and that this was confirmed by JPMorgan and HSBC; this could mean downward pressure on energy prices and a moderate improvement in risk appetite. However, since HSBC is a bank, the direct impact of this news is limited and indirect. On the technical side, the stock has risen 5.15% in 24 hours, RSI14 has approached overbought territory at 70.25, and the price is trading above SMA20/SMA50; MACD is positive above the signal. This combination indicates that momentum is strong in the short term but the risk of profit-taking has increased. Since the news has weak catalyst strength, a neutral stance appears more prudent for the 1-3 day direction.

The news implies that the Middle East-originated supply disruption is recovering; this could create downward pressure on Brent as supply concerns ease. The price fell 4.9% over the last 24 hours to 96.87 and is trading below the SMA50 (99.98), indicating short-term weakness. However, with the RSI at 49.5 in neutral territory and the MACD above its signal line (albeit in negative territory), there is some recovery potential. Holding above the SMA20 (94.88) suggests the decline may remain limited. Therefore, although the direction is downward, confidence should be kept at a moderate level.