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…
Year: 2025
S&P 500 futures (ES) poised for breakout as all-time high nears
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…
Equities Climb as Trump’s Tariffs Spark Optimism in US Economy
Equities ended higher on Monday after Trump announced new tariffs on steel and aluminum products, boosting the outlook for the US economy. Meanwhile, market participants were gearing up for Powell’s speech and the upcoming US inflation figures for clues on future monetary policy. On Sunday, Trump announced a 25% tariff on steel and aluminum imports Read More…
Crude Oil futures (CL) attempt recovery but face trendline resistance
Introduction Crude oil futures have rebounded after testing support, but the long-term downtrend resistance remains intact. As of today, NYMEX WTI crude oil (CL) is trading at $73.00, up 0.94%, as buyers attempt to push prices higher after a recent rejection near $75.30. However, the descending trendline that has capped rallies since mid-2023 remains a Read More…
Currency Futures Under Pressure Amid Tariff Fears, Fed Rate Speculation
Currency futures eased on Friday amid concerns of trade wars after Trump announced more tariffs. However, some rebounded on Monday as market participants geared up for crucial US consumer inflation figures this week that will shape the outlook for Fed rate cuts. These two factors will continue shaping market movements this year. Trading survey (Source: Read More…
Gold continues its rallies after bullish breakout
Introduction Gold futures have extended their upward momentum following last week’s gap-up breakout. The metal’s price action has confirmed a symmetrical triangle breakout, with prices surging past the ATH. Technical outlook Gap-Up & triangle breakout confirm strength Gold’s breakout from the symmetrical triangle pattern last week triggered a strong continuation rally. The initial breakout was Read More…
Interest Futures Stay Elevated After Trump’s Tariff Pause
Interest futures held near recent peaks as Treasury yields collapsed after Trump paused tariffs on Canada and Mexico. The pause also came as market participants eagerly awaited the US nonfarm payrolls report for insight into the Fed’s policy path. US 10-year Treasury yields (Source: Bloomberg) Interest futures have risen since Tuesday when Trump paused expected Read More…
Japanese Yen futures attempt a rebound amid Dollar strength
Introduction Japanese Yen Futures (6J) are trading at 0.006584, up slightly in recent sessions after bouncing from multi-month lows. The break above the 50-day SMA (0.0064998) and a test of the 200-day SMA (0.0065950) call on bulls to continue the buying pressure to push prices back to 0.00718. However, the broader trend remains bearish as Read More…
Crude Oil Prices Tumble on Weak Demand Signals
Oil prices collapsed on Wednesday after data revealed an unexpected surge in US crude oil inventories, pointing to weak demand. At the same time, concerns about a trade war between China and the US put downward pressure on prices. Data on Wednesday revealed that US crude inventories rose by 8.664 million barrels last week. Meanwhile, Read More…
New Pricing: Pay 50% Less to Start Your Evaluation
Introduction Are you ready to prove your skills but hesitant about the upfront cost? We’ve just made it easier than ever to start your funded trading journey. With our new pricing model, you can now start your evaluation by paying only 50% of the evaluation fee upfront—and the other 50% only if you pass! This Read More…