Interest futures rebounded from lows hit in the previous session after news that Trump had suspended tariffs on Canada and Mexico. Fears of the impact of trade wars had raised fears about a slowdown in US economic growth. Meanwhile, market participants were gearing up for the US nonfarm payrolls report and Powell’s speech for clues Read More…
Introduction The U.S. Dollar Index (DXY) experienced a sharp decline, dropping 3.54% to 103.76, breaking below a support zone held since November 2024. The sell-off was triggered by a combination of fundamental factors, including recent macroeconomic data, shifting Federal Reserve expectations, and a controversial interview with former President Donald Trump that may have influenced market Read More…
Oil prices steadied on Thursday after reaching fresh lows in the previous session due to demand worries. Data revealed an unexpected increase in crude inventories. At the same time, trade wars ignited by Trump’s tariffs dimmed the outlook for the global economy. On supply, traders worried about oversupply with OPEC+ increasing output starting in April. Read More…
Introduction Gold futures (GC) continue its bullish trend in an ascending channel on the weekly chart. However, on the daily timeframe, price action is consolidating, with mixed signals on whether a breakout or pullback is more likely in the short term. Gold Fundamentals Central Bank Policies & Interest Rates Inflation & Safe-Haven Demand Weekly Chart Read More…
Gold prices extended gains on Wednesday after rallying nearly 1% in the previous session amid trade war uncertainty. At the same time, the dollar weakened, making gold cheaper for foreign buyers. Meanwhile, market participants look forward to US employment figures for clues on future Fed rate cuts. Spot gold (Source: Bloomberg) On Tuesday, investors scrambled Read More…
Introduction Today, we’re excited to share the success story of Jay R., a funded trader from Boston, Massachusetts, who has withdrawn $10,750 through the OneUp Trader funded program. This 23-year-old trader has leveraged his exceptional pattern recognition skills to make some great withdrawals from the OneUp Trader funded trader program. Let’s dive into Jay’s trading Read More…
introduction Euro FX Futures (6E) have surged lately as the Dollar strength diminishes. The recent move is supported by both technical strength and fundamental catalysts, with the euro gaining momentum against the dollar. As of today, Euro futures are trading at 1.07090, up +0.95%, showing a strong bullish breakout above the 1.06305 resistance level. The Read More…
Equities collapsed as market participants worried about trade wars ignited by Trump’s tariffs. On Tuesday, the US implemented a 25% tariff on imports from Canada and Mexico. Moreover, there was an additional 10% tariff on Chinese goods. This overshadowed an increase in Fed rate cut expectations due to recent downbeat economic data. Trump dashed hopes Read More…
Introduction Crude Oil Futures (CL) are approaching a major support zone after a failed breakout attempt at the downward trendline and 100-week SMA in the previous analysis. The market remains under selling pressure. As of today, CL is trading at 67.67, down -3.00%, and nearing the key support zone between 66.00 and 68.00. A break Read More…
Introduction As we march forward into the latter part of Q1, we have exciting news for our affiliates! Our Beginner Trading Course is now available as a part of the affiliate commission structure. OneUp Trader Affiliate Program Earn Up To 25% Commission on EVERY Subscription and RECURRING Subscriptions Making money as an affiliate partner is Read More…
