Gold prices eased on Monday and Tuesday after reaching a two-week high on a downbeat US jobs report. The pullback came amid a return to strikes in the Strait of Hormuz, which has paused negotiations between the US and Iran. Meanwhile, market participants are looking forward to the FOMC meeting minutes for more cues on Read More…
Introduction Nasdaq 100 futures continue to hold up well after their strong spring rally, even as the index takes a breather below its recent all-time highs. NQ ran from roughly 24,000 in April to a high near 31,000 by early June, and price has spent the last month digesting that move rather than reversing it. Read More…
Equities recovered on Monday as growth stocks found their footing amid an easing of Fed rate hike bets. The rebound came after a brief dip on Thursday due to a poor US jobs report. At the same time, progress in talks between the US and Iran supported risk appetite. Stocks had a strong week as Read More…
Introduction Dow Jones futures continue to perform well in the medium to long term, like the rest of the US equity markets. The interesting thing is that YM is actually performing slightly better in the short term than ES and NQ. We have seen a small consolidation in those markets while the Dow has actually Read More…
Currency futures had a strong week as the dollar fell after downbeat economic data. Market participants assessed manufacturing PMI and employment figures, which both missed the estimates. As a result, expectations of a Fed rate hike eased. At the same time, focus remained on talks between the US and Iran in Qatar. Dollar performance (Source: Read More…
We’re excited to announce that the OneUp Trader Discord channel is officially back and better than ever. Whether you’re looking to sharpen your trading skills, connect with fellow traders, or take advantage of exclusive member perks, our Discord is the place to be. Here’s what you can expect: To celebrate the relaunch of our Discord Read More…
Introduction It’s time for another Trader Spotlight, and this week we’re looking at Erfan, a trader from Muscat, Oman, whose statistics challenge one of the biggest misconceptions in trading. Most traders believe they need to win more often than they lose. After all, if you’re wrong nearly two-thirds of the time, how could you possibly Read More…
Introduction Nasdaq futures are consolidating after the explosive rally from the April lows. Since our previous analysis, buyers have successfully defended the 50-day moving average, but they have also struggled to produce a decisive breakout above the 30,800–31,000 resistance zone. Instead of seeing either buyers or sellers take control, NQ has moved into a triangle Read More…
Interest futures remained subdued on Friday after a mixed US jobs report in the previous session. At the same time, the bond market has faced downward pressure this week amid tensions between the US and Iran. At the same time, the recent surge in expectations of Fed rate hikes has supported yields and hurt interest Read More…
Introduction The Japanese yen has fallen to its weakest level against the US dollar since 1986 as the widening interest rate gap between the United States and Japan continues to favour the dollar. Although the Bank of Japan has raised interest rates to 1%, they remain well below US rates, while higher oil prices and Read More…
