Oil paused its one week rally on Thursday as prices pulled back amid an increase in Fed rate hike expectations. However, increasing tensions in the Middle East has renewed worries about supply, especially through the Strait of Hormuz. Since Thursday last week, oil has gained as tensions between Yemen’s Houthi militants and Saudi Arabia intensified. Read More…
reading time: 3 min Introduction Nasdaq futures are up 20% year-to-date and, after testing the ATH on October 6th, look to be gearing up for another push higher. Technicals all point toward a bullish market for NQ, and now that we are moving into earnings season, it could push the index even higher. Technical Analysis Read More…
Gold prices remained range-bound ahead of crucial US data on inflation and retail sales. Traders remained cautious, as these numbers will shape the outlook for the October Fed meeting. At the same time, focus remained on the conflict between the Houthis and Saudi Arabia, which intensified, sending oil prices higher. Spot gold (Source: Bloomberg) Gold Read More…
Equities pulled back on Monday after closing last week with gains amid a rebound in the tech sector. At the same time, sentiment improved after reports that Russia would supply diesel to the global market. However, in the new week, market participants were cautious ahead of major earnings reports and the pivotal US CPI data. Read More…
reading time: 1 min Introduction Its time to take another quick look at Crude Oil futures today. In our previous analysis, we noted a bullish flag forming, and the price is attempting to break out of it today (12 October). With the price currently at $92.96, a few points higher, we have a real candidate for Read More…
Currency futures were on the back foot at the start of a new week as the dollar remained near an 18-month high. Demand for the greenback increased as tensions in the Middle East escalated, hurting risk appetite. Meanwhile, market participants are expecting the US CPI report due on Wednesday this week. Dollar bets (Source: CFTC) Read More…
Interest futures recovered on Thursday after a successful 30-year bond auction. At the same time, Trump said he would not bomb Iran until after the midterm elections, easing concerns about higher fuel prices and hotter inflation. However, underlying fundamentals still indicate further downside for bonds. The US Treasury Department announced a bigger-than-expected sale of 30-year Read More…
9 October 2026 | Daily chart The euro reaches the bottom of its descending channel Euro FX futures are trading near 1.1256 after a sharp decline from the August high. Price is testing the lower boundary of the descending channel, while the overbought/oversold indicator has printed a recent buy marker. This creates a potential buying Read More…
8 October 2026 | Daily chart Silver’s downtrend brings the summer lows back into focus Silver futures remain under pressure after losing the support that held during September. The recovery from the July low stalled around $70 in August, and the daily chart has since formed lower highs and lower lows. After a hopeful August, Read More…
Oil has remained subdued in a tight range in recent days amid easing supply worries. Middle East exports have gradually recovered and are nearing pre-war levels. At the same time, G7 countries agreed on Friday to release diesel and crude stocks to loosen the market. However, reports on Wednesday revealed that Trump might resume bombing Read More…
