Equities climbed to a one-week high on Monday as technology stocks rose despite high Treasury yields. However, market participants remained cautious ahead of key US economic data this week that will shape the outlook for Fed rate cuts. Like many times in the past, tech stocks defied the general trend and rose on Monda. Microsoft Read More…
Introduction Gold futures (GC) continue to consolidate within a symmetrical triangle formation. This comes after a strong 27% rally in the yellow metal in 2024, so it is normal for the market to experience a period of cooling. Let’s see what the technicals tell us here. Technical Analysis Symmetrical Triangle Formation Moving Average Support Gold’s Read More…
The S&P 500 E-mini Futures (ES) continues to trend upwards within a well-defined ascending channel. The bullish trend remains intact due to a combination of technical and positive market sentiment across equity markets globally. As equities continue their rally, dips are presenting high-probability buying opportunities for traders looking to ride the trend higher. Let’s take Read More…
Currency futures jumped on Monday as the dollar collapsed on news that Trump might only impose tariffs on critical goods. At the same time, the recent greenback rally paused as market participants awaited crucial employment data for clues on the Fed’s easing cycle. Dollar Index (Source: Bloomberg) The dollar fell almost 1% on Monday after Read More…
Interest futures hovered near recent lows as Treasury yields and the dollar opened the year green. Prices ended the year with a plunge following a hawkish December Fed meeting. On the other hand, the prospect of higher rates for longer boosted yields and the dollar. US Treasury yields started the year strong amid expectations for Read More…
Introduction Bitcoin CME futures have consolidated after the recent explosive rally. The crypto hit a new all-time high of $108,960 in December, but the market now appears to be catching its breath. Let’s see what the technicals are telling us. Technical Analysis Bearish Divergence on RSI 50-Day SMA Acting as Dynamic Support Higher Highs & Higher Lows Still Read More…
Introduction As we enter 2025, we’re offering a massive 60% discount on our Beginner Trading Course for those who want to start the year by investing in their trading education. Our course includes: ✅ 4 hours of engaging video content✅ 170 pages of in-depth learning materials 📚✅ 3 FREE one-on-one trader mindset sessions 💡✅ A Read More…
Most currency futures eased on Thursday as the dollar started the year strong. Earlier in the session, there was some relief as the dollar fell. However, it resumed last year’s rally when investors refocused on the looming US administration change. At the same time, the less dovish outlook for the Fed in 2025 helped support Read More…
Crude oil futures are starting 2025 on a bullish note, with prices climbing +3.10% this week to trade at $72.79. As geopolitical stability improves and demand outlooks remain strong, oil prices are gearing up for a potential breakout above resistance levels, but let’s see what the technicals tell us. Technical analysis Strong Support Descending Trendline Read More…
