Chart Context & Key Developments In the previous analysis, we noted that ES was making a strong recovery from March’s lows, but faced resistance just below the 100-day SMA and the pivot point at 5,992.50. We highlighted that a break above that region would be critical for bulls, while failure there would likely confirm the Read More…
Currency futures gained on Friday and extended the moves on Monday as the dollar collapsed amid fears of stagflation. Market participants worried that more US tariffs would weaken economic growth and boost inflation. At the same time, data on Friday revealed an unexpected surge in US underlying inflation. On Friday, a decline in the US Read More…
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Interest futures recovered on Friday ahead of crucial US inflation data that will shape the outlook for Fed rate cuts. However, in the previous sessions, prices collapsed as Treasury yields and the dollar recovered amid upbeat data and expectations of more US tariffs. Investors are looking forward to the US core PCE price index report Read More…
Introduction Crude oil futures (CL) continue their recovery from the long-term support zone, now approaching key technical levels that could determine the next major move. Given last week’s analysis, where we noted the importance of the $64–$67 support zone, price has followed through with a notable bounce. However, the downtrend structure remains intact, and crude Read More…
Oil prices pulled back on Thursday as investors worried about the implications of an automobile tariff on oil demand. At the same time, market participants worried about Trump’s tariffs and escalating trade wars that would hurt global oil demand. Oil dropped Thursday after Trump confirmed a 25% tariff on vehicle imports to the US starting Read More…
Is the rally losing steam at the mid-range? Bearish pressure mounting below resistance. Technical analysis The Japanese Yen futures remain locked in a well-defined range between 0.00718 (resistance) and 0.00625 (support). Price has rebounded strongly off support in early 2025, but it’s now in a point where either the bulls will show what they can Read More…
Gold prices extended gains on Wednesday as uncertainty regarding Trump tariffs dampened risk appetite. More tariffs will escalate trade tensions, hurting the global economy. At the same time, investors worry about a spike in inflation due to an increase in the cost of most goods. The ongoing trade policy changes in the US have shifted Read More…
Equities rallied on Monday as risk appetite rebounded after reports that Trump would take a more measured approach to tariffs in April. At the same time, an upbeat business activity report eased fears of a US recession, further boosting risk appetite. S&P 500 (Source: Bloomberg) On Monday, markets rebounded after news that Trump was ready Read More…
Introduction The NASDAQ 100 (NQ) has staged a strong short-term recovery from the 19,000 support zone, pushing back above the lower trendline of the long-term rising channel. This move follows a steep correction off the double top formation near 22,000. Technical Breakdown Chart Structure Bull vs Bear Case Bull Case: Bear Case: Trade Opportunities (Short-Term) Read More…
