Currency futures held onto gains from the previous session on Monday despite a slight recovery in the dollar. Most ended Friday with gains after the US released a poor monthly employment report that led to a surge in Fed rate cut expectations. US jobs (Source: Bureau of Labor Statistics) The nonfarm payrolls report on Friday Read More…
Year: 2025
Dow Jones Technical Analysis, August 4 2025
Chart Overview – Daily Timeframe (YM) Current Price: 43,865Change: +155 (+0.35%)50-day MA: 43,661200-day MA: 43,060RSI (14): 43.90 — declining momentumATH (All-Time High): ~45,280 (not reclaimed) Technical Analysis Structure & Momentum: Risk Zones: Market Context Relative to Other US Indices: Macros in Play: Probability Table Scenario Estimated Probability Commentary Reclaim ATH and push above 45,300 20% Read More…
Interest Futures Slip as Treasury Yields Surge on Higher Tariffs
Interest futures eased on Friday as US Treasury yields soared at the deadline of Trump’s tariffs. The US president imposed high tariffs on several of the country’s major partners, including Canada and South Korea. However, trading remained thin as market participants eagerly awaited the US monthly employment report. On Friday, Trump’s tariff deadline was hit, Read More…
Gold (GC) Technical Analysis, 1 August 2025
Current Price: 3,342.30Change: -6.30 (-0.19%)ATH: ~3,51050-day MA: 3,355.4200-day MA: 3,008.8RSI (14): 48.45 (Neutral to Weakening) Gold Trend This Year Technical Analysis Technical Context Indicator / Feature Current Reading Implication Price vs ATH ~170 pts below ATH Consolidation under key resistance 50-day MA Price sitting on it Neutral support test Trendline (YTD) Still holding Break would Read More…
Crude Oil Pauses Gains on Strong Dollar, Weak Inventory Figures
Oil paused its rally on Thursday amid pressure from a strong dollar and downbeat crude inventories data. However, there is still upside potential as market participants grapple with likely supply shortages due to looming sanctions on Russia. US private jobs (Source: ADP Research) The dollar strengthened on Wednesday after a set of better-than-expected US economic Read More…
S&P 500 Futures (ES) Technical Analysis 31 July
Price: 6,455.00Day Change: +0.92%RSI (14): 73.77 (Overbought)50-day MA: 6,157.29200-day MA: 5,929.73 Price Structure Update Since the previous analysis, the S&P 500 futures have continued with the grinding uptrend since breaking the previous ATH back in June. Technical Overview Feature Comment Trend Strong bullish trend, clean extension from 50/200 MA Momentum RSI above 70 is strong, Read More…
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Introduction We’re speeding up your path to funding! From now through August 31, the minimum number of trading days to complete your evaluation has been reduced from 10 to 7. Traders can take advantage of this offer as it applies to all account sizes. In October of 2024, we reduced the trading days from 15 Read More…
Gold Crawls Higher as Market Awaits Fed Outlook
Gold prices held steady on Wednesday as market participants looked forward to the FOMC policy meeting. At the same time, a weaker dollar after poor employment figures lent support. However, gold has lost some of its safe-haven appeal due to recent trade deals, which have eased global trade war concerns. The Federal Reserve will conclude Read More…
Crude Oil (CL) Technical Analysis 30 July 2025
Date: July 30, 2025Current Price: $69.21Change (D/D): 0.00%RSI (14): 59.40 (neutral-bullish)Key Levels: Price Structure & Momentum Update In our last breakdown, we noted that Crude Oil was stuck in a tightening coil within a shaded consolidation band between $65 and $68. As expected, a breakout attempt has now occurred: This is the first proper break Read More…
US Equities: Earnings Resilience Clashes with Policy Uncertainty
The US equities approach a vital week, facing a conflict of good corporate earnings on one end and tightening macroeconomic factors on the other. The S&P 500 and Nasdaq 100 are holding close to all-time highs, thanks to a bullish earnings season, sentiment around AI, and hope that the economy will achieve a soft landing. Read More…