Equities ended last week high and made no move on Monday as US markets remained closed for a bank holiday. Prices fluctuated throughout the week amid mixed economic data from the US and hawkish Fed signals. At the same time, market participants reacted to Trump’s moves on tariffs. At the start of the week, Powell Read More…
Currency futures rose on Friday and extended the rally this week as the dollar eased due to a poor retail sales report. At the same time, the greenback was weak after Trump delayed implementing a reciprocal tariff to give time for investigations. US sales (Source: US Commerce Department) The US retail sales report on Friday Read More…
Introduction The Russell 2000 E-mini futures (RTY) are inside a bullish rising channel, despite recent choppy price action. Small-cap stocks have struggled for direction, but the 100-day SMA (2,299.9) trending upward steadily. As of today, RTY is trading at 2,289.2, up +0.17%, hovering near key pivot levels. Bulls are looking for a decisive move higher, Read More…
Interest futures hovered near Thursday’s highs when Treasury yields collapsed due to delays on Trump’s reciprocal tariffs. However, since Friday last week, interest futures have collapsed due to upbeat US economic data and a decline in Fed rate cut expectations. Thursday was a bullish day for interest futures after Trump announced a period of investigations Read More…
Introduction Success in trading isn’t just about making the right trades—it’s about discipline, consistency, and a strong mindset. These are qualities often overlooked but incredibly important. While many traders struggle to reach profitability, Cedric, a university student from Baden-Württemberg, Germany, has proven that it’s possible. Through persistence and a methodical approach, he has successfully withdrawn Read More…
Introduction The NASDAQ 100 E-mini futures (NQ) have broken out of a symmetrical triangle pattern. After weeks of consolidation, price action shows that buyers are regaining control, pushing NQ towards its all-time high (ATH) of 22,425.75. As of today, NQ is trading at 22,135.75, up +0.10%, holding above key support levels. The breakout above the Read More…
Oil prices ended 2% lower on Wednesday after news of a likely end to the Russia-Ukraine war under Trump’s administration. At the same time, US inflation data came in higher than expected, dashing Fed rate cut expectations. WTI futures (Nymex) During his campaigns, Donald Trump said he would not allow the Ukraine war to continue Read More…
Introduction The Euro (EUR/USD) has shown signs of stabilization after months of weakness driven by a surging U.S. dollar. A strong dollar, fueled by hawkish Federal Reserve policy and resilient U.S. economic data, has kept the euro under pressure. However, recent price action suggests that the euro may have found a bottom, with bullish momentum Read More…
On Tuesday, gold prices reached an all-time high as investors scrambled for safety amid tariff uncertainty. Trump announced a 25% tariff on steel and aluminum imports, increasing fears of trade wars. However, bullion retreated after Powell’s hawkish speech. Moreover, market participants are awaiting the crucial US consumer inflation figures for more clues on the outlook Read More…
Introduction The S&P 500 E-mini futures (ES) remain in a well-defined upward channel, with prices consolidating just below the all-time high (ATH) of 6,154.75. Bulls have defended the lower channel support, and momentum remains strong as ES hovers near the high. As of today, ES is trading at 6,082.00, down -0.17%, but still above the Read More…
