Amazon Stock Forecast: Gaps Higher After US–China Talks – 28 October 2025
Amazon stock gapped higher on renewed US–China trade hopes and may test the $240 resistance level, with bullish sentiment intact ahead of Thursday’s earnings.

Amazon stock gapped higher on renewed US–China trade hopes and may test the $240 resistance level, with bullish sentiment intact ahead of Thursday’s earnings.
Negative earnings-per-share growth, declining profit margins, and rising capital expenditure led to a post earnings sell-off. Is more downside due for United Rentals following its earnings miss?
The USD/JPY pair attracts heavy selling on Tuesday following the overnight failure near the 153.25-153.30 area, or the monthly peak, and retains its negative bias through the first half of the European session.
EUR/USD continues to edge higher and trades slightly above 1.1650 after closing in positive territory on Monday.
Gold prices dropped sharply on Monday, testing the crucial $4,000 support level as bearish sentiment grows and technical signals suggest deeper pullbacks ahead.
The S&P 500 continued its bullish run on Tuesday, trading near record highs at 6,880 as investor optimism builds ahead of the Fed’s interest rate decision.