The Nifty 50 Futures have been in a sustained downtrend, with bearish sentiment taking over since the to last year September. The performance metrics show a weak outlook across all timeframes, while technical levels show the possibility of further downside. Let’s break down the technicals. Performance Metrics Overview Technical analysis Price Below Moving Averages: Momentum Read More…
Most currency futures collapsed on Friday and extended the move on Monday after upbeat US jobs data. Market participants slashed bets for Fed rate cuts in 2025, leading to a rally in the dollar. At the same time, US inflation expectations for the next year soared. The US released its nonfarm payrolls report on Friday. Read More…
Introduction Since our last analysis on January 6, 2025, the S&P 500 E-mini Futures (ES) have broken below a key technical support, bringing with it a small panic sell-off. The price is currently trading near 5,812, marking a break below the bullish ascending channel that has defined the market’s structure since mid-2024. This breakdown warrants Read More…
Interest futures eased as Treasury yields stayed elevated ahead of the crucial US nonfarm payrolls report. Yields soared in the last week due to expectations of a gradual Fed easing cycle. At the same time, uncertainty about Trump’s tariffs has kept investors on edge, with most preferring to buy the safe dollar. Market participants have Read More…
Introduction The U.S. Dollar Index (DXY), which measures the dollar’s performance against a basket of major currencies, has rallied hard since the Trump victory. Lets take a closer look at the technicals. Technical Analysis Overview Weekly Chart Highlights: Technical Indicators: Fundamental Analysis The dollar’s rally is largely attributed to market optimism surrounding President Trump’s economic Read More…
Oil prices plunged over 1% on Wednesday due to a strong US dollar and a bigger-than-expected increase in US gasoline inventories. The dollar strengthened after reports that Trump would take aggressive measures to ensure his tariff policies are implemented. Data on Wednesday from the Energy Information Administration revealed that gasoline stocks rose by 6.3 million Read More…
On January 9, 2025, the United States will observe a National Day of Mourning to honor former President Jimmy Carter, who passed away on December 29 at the age of 100. In recognition of this solemn occasion, there will be adjustments to trading schedules that traders must pay attention to. U.S. Equity Markets: Interest Rates Read More…
Introduction Since our previous analysis on January 2, 2025, crude oil futures (CL) have rallied as anticipated, breaking above the consolidation range and climbing toward key resistance levels. With today’s price action hovering near critical technical zones, let’s analyze the probabilities for the next directional move in crude oil futures. Technical Analysis Overview Key Developments Read More…
Introduction The E-mini Russell 2000 Futures (RTY) continues to trade within a well-established bullish channel. The channel is not very strong, but nevertheless, the price is rallying over the long term. Lets take a closer look at the technicals. Technical Analysis Bullish Channel Formation Support and Resistance Levels Indicators Analysis Relative Strength Index (RSI) Bullish Read More…
Gold prices ended higher on Tuesday despite a strong dollar and Treasury yields. The rally came as investors sought safety amid uncertainty regarding Trump’s looming policy changes. Meanwhile, upbeat US data lowered expectations for Fed rate cuts in 2025. Gold is considered a haven in times of uncertainty. As market participants await Trump’s swearing-in on Read More…
