The US equity futures surged on Tuesday. The move was attributed to improved risk sentiment due to President Trump’s delay to implement tequihe tariffs on Eurozone imports until July 09. The decision immediately alleviated trade tension and energized investors ahead of Wall Street’s opening after Memorial Day holiday. The S&P 500 futures gained 1.2%, Dow Read More…
Technical Analysis Breakdown Summary Bearish Signals Downside Targets if 98.50 breaks: Bullish Counterpoints Bias Probability Trigger/Confirmation Target/Range Bearish Continuation 65% Break and close below 98.50 97.50 → 96.90 zone Short-Term Bounce 35% Reclaim of 100.64 + RSI > 50 101.18 (50 MA), then 103.36 (R1) Key Levels to Watch Type Level Significance Resistance 100.64 Former Read More…
Currency futures opened the week with strong footing amid the mounting fiscal pressure from the US and growing consensus on the Fed’s rate cuts this year. The US dollar fell broadly against major counterparts in the futures markets, led by declines in the DXY and gains in Euro, Pound, Aussie, CHF and JPY futures. Read More…
Technical Analysis Bullish Developments Bullish Case (High Probability) Probability: 65% Bearish Case (Low Probability for Now) Probability: 35% Key Technical Levels Type Level Commentary Resistance 5,962.75 R1 pivot — breakout confirmation trigger ATH Target 6,170.00 Next major resistance Support 5,809.13 200-day MA – reclaimed Support 5,618.52 50-day MA Key Support 5,397.50 May swing low – Read More…
Overview Gold futures (COMEX: GC) continue to trade near record highs with massive long-term momentum and short-term consolidation. Price could be coiling up for another bullish breakout. With macroeconomic uncertainty, a weakening U.S. dollar, central bank demand, and inflation hedging flows underpinning sentiment, gold remains the strongest major asset class of 2025. Monthly Chart RSI Read More…
Interest futures rebounded on Friday after reaching fresh lows in the previous session on US fiscal health concerns. The rebound came as bargain hunters bought the recent dip. However, the outlook for the bond market remains dim. 30-year Treasury yield (Source: Bloomberg) Treasury yields soared before pulling back on Thursday after reports that Trump’s tax Read More…
Oil prices dropped over 1% on Thursday after reports revealed a likelihood of another OPEC+ supply boost in July. At the same time, prices were weak after a surprise increase in crude inventories in the previous session. Brent futures (Source: ICE Futures Europe) The Organization of Petroleum Exporting Countries and its allies has been on Read More…
Chart Context Bitcoin has exploded through its previous all-time high. The price is now above the psychological and technical resistance at $110,150. The breakout confirms the continuation of the uptrend after a 32% pullback, which lasted four months. Technical Analysis ATH Breakout Confirmed RSI at 74.76 – Overbought, but Not Diverging Support Zones Next Price Read More…
Gold prices extended this week’s gains on Wednesday after Trump failed to convince some Republicans to vote for his tax bill. At the same time, concerns about the recent downgrade of the US government’s credit rating kept safe-haven demand for the yellow metal high. Gold (Source: Bloomberg) Gold has had a bullish week so far, Read More…
Introduction This week, we are featuring a new funded trader from Odessa, Texas, who, with persistence and clarity, withdrew an impressive $6,600 from his funded account in just 10 days! Michael M is a machine operator who has now made his fourth withdrawal from the OneUp Trader funded trader program, bringing his total to $11,320! Read More…
