Oil prices collapsed on Thursday after Trump said that a nuclear deal with Iran was approaching. Therefore, oil from Iran will further loosen the already loose market. At the same time, data from the US revealed a surprise increase in crude inventories, indicating weak demand. Oil fell about 3% on Thursday, extending a decline from Read More…
Gold fell on Wednesday as investor focus returned to the US-China trade truce. A pause in the trade war has improved risk appetite, hurting the safe-haven metal. However, the price rebounded in the previous session after downbeat US inflation figures. Since last week, gold has had a difficult time as global trade and geopolitical tensions Read More…
Technical Analysis Bullish Structure Intact The Euro surged from below 1.08 in Q1 to above 1.16 in mid-April, breaking through several key resistance levels. The most recent pullback appears to have: Resistance and Key Levels The key technical battlegrounds now are: A daily close above 1.1300 would shift momentum strongly back in the bulls’ favor Read More…
Equities soared on Monday after the US and China agreed to slash tariffs for the next 90 days. The move boosted risk appetite and put a pause to the trade war between the two countries. However, the future remains uncertain, meaning the rally might not last. At the same time, market participants are looking forward Read More…
Technical Analysis Double Bottom or Bear Flag? Crude oil has bounced sharply from the $55–56 area and is now testing the lower edge of a confluence resistance zone marked by: The $55.12 level remains as support. This pattern could be interpreted as either: RSI and Momentum Pivot Levels & Context Key Levels Type Price Area Read More…
Introduction At 42, Pinar P., a real estate professional from Huerth, Germany, has successfully transitioned into trading—making a total of $7,000 in withdrawals from her OneUp Trader funded account. She withdrew $4,000 in just two days in February, followed by another $3,000 over four days in April, all while trading on a $50K evaluation account. Read More…
Technical Analysis Breakout Confirmation NQ has exploded higher, breaking the downtrend and gaining a lot of bullish interest once more. Price has moved back into the previous bullish trend channel, which at one time was extremely unlikely. RSI Momentum Volume Profile Key Levels Zone Type Price Range Notes Resistance 21,900 – 22,500 Prior all-time high Read More…
Currency futures collapsed at the start of the week as easing global trade tensions continued supporting the dollar. The biggest losers were safe-haven currencies like the yen and the Swiss franc. At the same time, easing geopolitical tensions weighed on these currencies. Meanwhile, market participants are gearing up for crucial US inflation figures. Currency futures Read More…
Technical analysis Price Action: Moving Averages: Key Levels to Watch Type Price Note Resistance 2,050–2,070 Previous swing highs / congestion zone Resistance 2,192 200-day MA Support 1,995 50-day MA support Support 1,850–1,880 April low and major support zone Broader Context – Small Caps Lag, But Are They Catching Up? Bull Case Bear Case Final Call Read More…
Interest futures are showing cautious sentiment as markets digest central bank actions and brace for fresh inflation data next week. Traders now price in a 82% probability that the Fed will hold its rates in the next policy meeting as well, with overall reduced expectations for rate cuts in 2025. The shift follows a series Read More…
