Interest futures edged higher on Friday as optimism built about likely trade talks between China and the US. The rebound followed declines in the previous two sessions after downbeat US economic data. Meanwhile, market participants eagerly await the US nonfarm payrolls report for clues on Fed rate cuts. On Friday, China said it was considering Read More…
Oil prices continued falling on Thursday after ending the worst month in over three years. The recent decline came as market participants worried about oversupply as OPEC+ unwinds its output cuts. At the same time, Trump’s tariffs and the subsequent trade wars have dimmed the outlook for oil demand. Oil collapsed on Wednesday after Saudi Read More…
Overview Technical Analysis Price Structure: Macro & Fundamental Drivers Key Economic & Geopolitical Factors Affecting the Dollar Recession Signals Mounting: Federal Reserve Policy Outlook: U.S. Fiscal Policy Risks: Global Central Banks: Risk Sentiment Shift: Comparative Currency View (Short-Term Bias) Currency Current Bias vs USD Rationale EUR Bullish ECB staying firm, EURUSD breakout underway JPY Mixed Read More…
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…
