Introduction Crude oil is down 4% for the month and 10% for the year, and the technicals for now are signalling to sell. Price has bounced off the S2 level at 62.31 with a bullish engulfing, which bulls are hopeful for prices to move higher. Technical analysis The resistance at $68 is the first major Read More…
Oil prices held steady on Thursday as market participants looked forward to the meeting between Trump and Putin in Alaska. At the same time, a surge in Fed rate cut bets has boosted optimism about a stronger economy and robust oil demand. However, there is downward pressure from weak demand and prospects of increased oil Read More…
Trading the financial markets can be tough. As traders, we’re constantly searching for that edge – tools that give us an advantage and increase our chances of profitable trades. In my experience, the Fisher Transform indicator has proven to be one such powerful tool. In this article, I’ll explain how I use this indicator in Read More…
Gold prices rose on Thursday as the likelihood of a September Fed rate cut rose after downbeat US inflation figures. However, the move was subdued as risk appetite remained high after the US-China tariff extension. At the same time, progress in talks between Russia and Ukraine has lowered demand for safe-haven assets. Data on Tuesday Read More…
Market Snapshot Metric Value Current Price 3,402.8 Day’s Change +3.8 (+0.11%) 50-Day MA 3,373.0 200-Day MA 3,037.4 Key Resistance 3,430–3,450 (ATH zone) Key Support 3,345–3,350 (trendline & 50DMA confluence) Technical Overview Trend & Structure Gold remains in a long-term uptrend, holding above its ascending trendline from the March lows. The recent push to new all-time Read More…
Equities ended lower on Monday as market participants prepared for the crucial US consumer inflation report. Still, there was some optimism after Trump announced an extension of the US-China trade truce for another 90 days. Equities on Monday stayed mostly on the sidelines, awaiting the US CPI report for more clues on Fed rate cuts. Read More…
Market Snapshot Metric Value Current Price at time of writing 1.16395 50-Day MA 1.16444 200-Day MA 1.09894 Key Resistance 1.1700 – 1.1800 Key Support 1.15625 (range floor), 1.14250 (major swing low) Technical Overview Weekly Chart The weekly chart is a good way to show the strength of the long-term trend of any asset. The Dollar Read More…
Currency futures were mixed on Monday after having a strong week amid dollar weakness. The dollar fell last week as Fed rate cut expectations rose due to poor economic data and Trump’s Fed nominations. Meanwhile, market participants kept from making large moves on Monday as they awaited the crucial US consumer inflation report. Dollar Index Read More…
Introduction Nasdaq (NQ) futures are close to making new highs again after a short but sharp 4.4% pullback. Market Snapshot Metric Value Current Price As Of Article 23,738.50 Day’s Change +24.75 (+0.10%) 50-Day MA 22,707.56 200-Day MA 21,208.43 Pivot Point (P) 23,264.00 Key Resistance Levels 23,946 (R1), 24,527 (R2), 25,209 (R3) Key Support Levels 23,264 Read More…
Introduction In April 2025, we featured Shuqing G., the 49-year-old registered nurse from Saugus, Massachusetts, who made headlines by withdrawing $12,000 in just nine days. Today, we’re thrilled to share an exciting update: Shuqing has now withdrawn an additional $34,000 in just 8 days of trading, bringing her total to an impressive $46,000 through the Read More…
