Gold prices extended losses on Wednesday as risk appetite improved and demand for safe-haven assets dropped. The yellow metal fell about 1% on Tuesday after Trump put in place measures to ease the impact of ongoing automobile tariffs. At the same time, trade tensions between China and the US continued easing, weighing on gold. Gold Read More…
Recap from April 14 Outlook: In the last analysis, CL had just bounced from key support in the $57–$58 zone and was testing the underside of its former value area (~$66), attempting to confirm a higher low. We concluded that if CL couldn’t reclaim and hold above the 50-day SMA and resistance box, a return Read More…
Equities had a mixed start to the week, with the S&P 500 rising while the Nasdaq fell. Nevertheless, stocks ended higher last week as risk appetite improved on easing trade tensions between China and the US. At the same time, better-than-expected earnings boosted investor sentiment. Nasdaq-100 index daily performance (Source: Bloomberg) Trading was thin on Read More…
Recap Current Status:Price has stabilized above $40,000, staging a grind higher — yet no breakout has occurred. Price Overview – April 29, 2025 Technical Picture Price Action: Pivot Levels: Support & Resistance Level Role S2 38,948 Confirmed support S1 40,604 Local resistance → now testing Pivot 42,362 Key inflection zone R1 44,018 First bullish breakout Read More…
Currency futures extended last week’s decline as the dollar ended its first week of gains in a while. The US dollar strengthened as trade tensions between China and the US began to fade. As a result, risk appetite improved, and demand for safe-haven currencies, such as the yen and the Swiss franc, decreased. At the Read More…
Previous Analysis Recap (April 22nd) In our last review, we discussed: The key takeaway then was that BTC was setting up for upside provided it could hold above $87,000. As of today, BTC has confirmed that move, clearing resistance, retesting, and pushing higher. Price Update – April 28, 2025 Technical Analysis – Fresh Insights Structure: Read More…
Interest futures extended gains on Friday as sentiment improved amid hopes of a trade deal between China and the US. The likelihood of lower tariffs hurts Treasury yields, boosting interest futures. Meanwhile, market participants are awaiting the release of US inflation and employment figures next week. US 30-year yields (Source: Bloomberg) Interest futures have had Read More…
Context: 2025’s Market Chaos Is Gold’s Fuel Gold’s explosive rally has been fueled by macro turmoil: Gold has outperformed equities, bonds, the dollar, and even oil. That alone demands attention. Technical Analysis – Daily Chart Breakdown Trend Structure: Bullish and Intact Flag Formation or Consolidation at Highs? RSI and Momentum Indicators 🟢 Bullish Case Potential Read More…
Oil paused its decline on Thursday as sentiment improved on a likely trade deal between the US and China. At the same time, risk appetite improved after Trump stopped his attacks on Fed Chair Powell. However, prices fell over 2% in the previous session on reports that OPEC+ might increase output in June. The US Read More…
Recap from the Previous Report In our April 17 technical analysis, we focused on the bounce we saw off the lows in ES, with a breakout attempt through trendline resistance. We can now take a fresh look at the price action and see what could be ahead. Current Chart Overview (April 24, 2025) Market Snapshot Read More…
