Interest futures held steady on Friday as Treasury yields remained subdued after downbeat US employment figures. Meanwhile, market participants were speculating about future rate cuts after Trump’s pick to fill the vacancy in the Fed. US continuing claims (US Labor Department) Data on Thursday revealed that US employment claims increased more than expected. Claims rose Read More…
Technical Overview Trend and Structure Momentum & Volatility Key Technical Levels Level Type Description 68.50 Pivot (P) Prior rejection level, key resistance 66.61 50DMA Broken support turned resistance 62.31 S2 First strong support test 59.94 S3 Critical downside level 71.62 R1 Bullish breakout reclaim level Probability Table Scenario Estimated Probability Commentary Continuation lower to test Read More…
Crude oil markets are currently facing a tug-of-war as signs of demand are clashing with rising supply, all underscored by geopolitical risks. At the time of writing, Brent crude trades around mid-$60 while WTI remains steady near $62. Broader economic uncertainties OPEC+ output hikes continue to pressure the oil prices. On the supply side, OPEC+ Read More…
Market Snapshot Metric Value Price as of 7 August 6,385.25 Day’s Change +14.25 (+0.22%) 50-Day MA 6,201.13 200-Day MA 5,940.58 14-Day RSI 59.02 Technical Overview Price Structure & Trend Momentum & RSI Key Technical Levels Level Type Significance 6,450–6,460 Resistance All-time highs zone 6,290–6,300 Support Recent low and short-term demand zone 6,201 50MA Strong trend Read More…
Gold futures remain strong against a backdrop of a complicated macro picture, driven by a combination of changing expectations on Federal Reserve policy, worsening US economic data, and geopolitical risk, which have helped fuel safe-haven demand. Although high spot prices have suppressed conventional consumer demand, futures markets are being increasingly bolstered by institutional positioning and Read More…
Equities rallied on Monday, recovering from Friday’s losses when the US released a downbeat monthly employment report. The rebound came as investors sought bargains. At the same time, there was optimism about lower borrowing costs, which will likely spur economic growth. Friday was a red day on Wall Street after US data revealed a sharp Read More…
NQ Daily Chart Price as of 5 August 2025: 23,366.7550-day MA: 22,529.31200-day MA: 21,147.31Pivot (P): 23,264.00Recent Lows: 22,820–22,850 (just above S1)Resistance Zones: Technical Breakdown Short-term Rebound Attempt Structure & Caution Flags Probabilities Table Scenario Estimated Probability Commentary Reclaim R1 (~23,946) and trend resumes 35% Needs strong follow-through and breadth Chop in 22,700–23,700 range 45% Most Read More…
Currency futures held onto gains from the previous session on Monday despite a slight recovery in the dollar. Most ended Friday with gains after the US released a poor monthly employment report that led to a surge in Fed rate cut expectations. US jobs (Source: Bureau of Labor Statistics) The nonfarm payrolls report on Friday Read More…
Chart Overview – Daily Timeframe (YM) Current Price: 43,865Change: +155 (+0.35%)50-day MA: 43,661200-day MA: 43,060RSI (14): 43.90 — declining momentumATH (All-Time High): ~45,280 (not reclaimed) Technical Analysis Structure & Momentum: Risk Zones: Market Context Relative to Other US Indices: Macros in Play: Probability Table Scenario Estimated Probability Commentary Reclaim ATH and push above 45,300 20% Read More…
Interest futures eased on Friday as US Treasury yields soared at the deadline of Trump’s tariffs. The US president imposed high tariffs on several of the country’s major partners, including Canada and South Korea. However, trading remained thin as market participants eagerly awaited the US monthly employment report. On Friday, Trump’s tariff deadline was hit, Read More…
