Is the rally losing steam at the mid-range? Bearish pressure mounting below resistance. Technical analysis The Japanese Yen futures remain locked in a well-defined range between 0.00718 (resistance) and 0.00625 (support). Price has rebounded strongly off support in early 2025, but it’s now in a point where either the bulls will show what they can Read More…
Gold prices extended gains on Wednesday as uncertainty regarding Trump tariffs dampened risk appetite. More tariffs will escalate trade tensions, hurting the global economy. At the same time, investors worry about a spike in inflation due to an increase in the cost of most goods. The ongoing trade policy changes in the US have shifted Read More…
Equities rallied on Monday as risk appetite rebounded after reports that Trump would take a more measured approach to tariffs in April. At the same time, an upbeat business activity report eased fears of a US recession, further boosting risk appetite. S&P 500 (Source: Bloomberg) On Monday, markets rebounded after news that Trump was ready Read More…
Introduction The NASDAQ 100 (NQ) has staged a strong short-term recovery from the 19,000 support zone, pushing back above the lower trendline of the long-term rising channel. This move follows a steep correction off the double top formation near 22,000. Technical Breakdown Chart Structure Bull vs Bear Case Bull Case: Bear Case: Trade Opportunities (Short-Term) Read More…
Focus: Recovery Attempt from Post-ATH Breakdown The S&P 500 E-mini futures (ES) are staging a sharp rebound after the mid-March correction, pushing higher for the sixth session in a row. This move comes off the back of oversold RSI conditions and follows a significant rejection from the all-time highs marked in February. Technical Overview Key Read More…
Currency futures eased on Monday as the dollar strengthened after upbeat US business activity data. At the same time, risk appetite fell as market participants gear up for more Trump tariffs in April. The outlook for the global economy remains dim amid escalating trade wars. Data on Monday revealed that US business activity jumped in Read More…
Introduction At OneUp Trader, we take pride in helping traders who take the right approach and profit without having to risk their own money. Today, we’re highlighting an engineer by the name of Tayebi who recently withdrew $11,000 from his funded trading account! Incredible! Let’s take a look at how he did it, how he trades, Read More…
Introduction Crude Oil Futures (CL) have been trading in a steady downtrend since October 2023 with small bounces here and there. Now Crude oil has tested the multi year support level at $68 per barrel. The probabilities align with the bulls being stronger at this point as the support level has successfully held over eight Read More…
Interest futures rose to end the week bullish as poor risk appetite sent investors to the bond market. Economic uncertainty in recent weeks and looming Trump tariffs have hurt equities and Treasury yields. Equities and yields (Source: Bloomberg) Trump’s tariff campaign in recent weeks has clouded the outlook for the global economy. More than that, Read More…
Technical Overview Outlook & Trade Considerations Outlook: The Russell 2000 futures show short-term relief but remain in a bearish structure. A move above 2,210 is necessary for further upside, while 2,084 and 2,003 are critical support levels to watch.
