Triangle Chart Pattern Trading Strategy

Introduction The triangle chart pattern is a popular technical analysis formation used by traders to identify potential trading opportunities. This pattern is formed by converging trendlines, creating a triangular shape on the price chart. There are different types of triangle patterns, including: This guide will provide an overview of the different triangle chart pattern trading Read More…

Crude Oil Futures
Fundamental Analysis

Oil Prices Break Lows, Finish Strong Amid Supply Concerns

On Wednesday, oil prices broke below the previous session’s lows before closing with gains as supply worries continued. Moreover, oil was set to end the month with a 4.5% gain, marking the third consecutive bullish month.  Notably, the oil market has grown tighter due to geopolitical tensions. All meetings to try and pause the Israel-Hamas Read More…

Nasdaq 100 index futures (NQ)
Technical Analysis

NASDAQ Futures (NQ) Trade Opportunities

Weekly Chart Analysis: Key Levels to Monitor: Daily Chart Analysis: Trade Strategy: Before entering any trade, confirm it aligns with your risk tolerance and trading plan. Monitor the trade actively, adjusting stop-losses and targets as the market moves. Stay informed and be ready to act on new information that could influence market direction.

Fundamental Analysis

Gold Edges Higher on Rate Cut Speculation, Eyes on Core PCE

Gold prices rose Tuesday as rate-cut expectations rose ahead of crucial US inflation data. The price held near highs, marked last week after Powell’s dovish press conference. Moreover, there was increased demand as central banks continued to buy gold. Despite a small retreat, gold has held near recent highs. March has been a very good Read More…

crude oil futures
Technical Analysis Uncategorized

Crude Oil Futures (CL) show continued resilience

Light Crude Oil Futures have been showcasing resilience, marking an upward trajectory after a consolidation phase at a key support level. The weekly chart reveals a rally above the 40-week moving average. The price is trading within the Bollinger Bands, edging closer to the upper band. The RSI on both daily and weekly charts is Read More…

Trading view front
Fundamental Analysis

Equities Decline as Investors Digest Fed Remarks

Equities fell on Monday, pausing last week’s rally as investors assessed Fed remarks. The US stock market closed the previous week with gains after the Fed meeting where Powell maintained his dovish stance.  Despite the recent hot inflation figures, Powell maintained his outlook for three rate cuts in 2024. However, economic data continues to beat Read More…

Popular 60-40 Investment Formula for Stocks and Bonds Faces Scrutiny
Fundamental Analysis

Currency Futures Dip Amid Shifting Rate Cut Outlook

Currency futures fell on Friday as the global rate-cut outlook changed. Other central banks are becoming more dovish, leading to an increase in bets that cuts will start this year. Meanwhile, the outlook for Fed rate cuts remains uncertain as the economy remains robust and inflation persists. Notably, the Swiss National Bank opened the door Read More…

Technical Analysis

T-Bond Technical Analysis, Buying Still High

Monthly Chart Analysis:The long-term monthly trend has revealed a downward pressure since its peak around 2020. However, recent candles suggest a potential stabilization. The Momentum indicator has dropped into negative territory, which tells us there is a slowdown in the selling pressure. Daily Chart Analysis:Price action has settled around key moving averages as the battle Read More…

Interest Futures
Fundamental Analysis

Interest Futures Close Varied Amidst Positive US Data

Interest futures ended Thursday mixed as positive data from the US pushed up Treasury yields and weighed on the bond market. Still, prices remained near Wednesday’s highs due to Powell’s reassurance on rate cuts. US initial jobless claims (Source: Labor Department) Data on Thursday revealed that the US economy remains robust despite higher interest rates. Read More…

Nasdaq 100
Technical Analysis

NASDAQ Futures (NQ) Hit New ATH: Technical Analysis

Like most markets around the world at the moment, US equities are on a tear, especially after the rate data yesterday. It is really difficult to find a bearish opportunity in this market, which points us in the direction of ‘the trend is your friend’. Daily Chart:The market is trading within a rising channel, showing Read More…