Interest futures rose on Friday after upbeat economic data in the previous session raised optimism about the state of the US economy. However, a decline in Fed rate cut bets and a rally in US Treasury yields put a lid on gains. US retail sales (Source: US Department of Commerce) Interest futures fluctuated on Thursday, Read More…
Introduction The Nasdaq 100 continues to grind higher, notching fresh all-time highs above the previous ATH at 22,425, confirming the bullish breakout structure discussed in our previous analyses. While price action remains strong, momentum indicators are showing signs of fatigue, which could hint at a short-term breather. Key Technicals Probability Table Scenario Estimated Probability Key Read More…
Oil prices recovered from a three-session drop on Thursday as trade tensions eased and data revealed solid oil demand in the US. However, the risk of an escalation in trade tensions might keep prices subdued. At the same time, upbeat US CPI data eased expectations for a Fed rate cut, which in turn hurt prices. Read More…
Introduction Russell 2000 E-Mini Futures (RTY) are trading at 2,213.3, down slightly by -0.23% on the day. After a strong multi-week rally off the April lows, price has paused and is now pulling back from the 2,230s, testing the 200-day MA and previous minor resistance-turned-support near 2,212.7. Its a important level to watch to see Read More…
Gold prices rebounded on Wednesday as the dollar and Treasury yields paused their rally. Meanwhile, in the previous session, the yellow metal dropped after data revealed an acceleration in US price pressures. At the same time, gold has been subdued this week due to rising hopes for more trade deals. The dollar and Treasury yields Read More…
Equities edged higher on Monday as sentiment improved on hopes of more trade deals before the August 1 deadline. However, market participants remained cautious ahead of crucial US inflation data and the start of earnings season. S&P 500 (Source: Bloomberg) Equities have remained mostly resilient, hitting new highs despite Trump’s tariff threats. The impact of Read More…
Introduction Gold futures (COMEX: GC) are holding firm near $3,371.80, up +$12.70 (+0.38%) today, as price action tightens just beneath the all-time high (ATH) zone and continues to respect the rising trendline support. There is a large ascending triangle forming, and if the bulls can maintain momentum, then a break above the all-time high is Read More…
Introduction In Glenn Heights, Texas, a 38-year-old tax consultant named Olamilekan A. has developed an approach to funded trading that reveals both the opportunities and challenges of funded trader programs. He’s managed to withdraw $7,500 across three OneUp Trader funded accounts, and we are going to see exactly how. Unlike traders who focus on single Read More…
Introduction The S&P 500 E-mini futures (ES) remain in a strong uptrend, currently trading at 6,282.50, just shy of the recent all-time high breakout level of 6,380.50. While bulls maintain control, today’s chart shows the index pulling back modestly, hinting at some momentum exhaustion near the highs. Despite the softness, the price remains well above Read More…
Currency futures remained subdued on Monday as Trump’s tariff threats rekindled trade concerns. At the same time, market participants remained cautious ahead of crucial US inflation figures that will shape the outlook for Fed rate cuts. The dollar gained most of last week after the US president announced higher tariffs on several countries. The move Read More…
