Introduction Crude oil futures have jumped 3.35% to $60.46 on Wednesday at the open, posting their biggest daily gain in over two weeks. CL is also up 8.8% since the low on the 20th of October, where the buyers stepped back in after a sharp selloff, and the price bounced from the $56–$57 support zone. Read More…
Introduction The U.S. Dollar Index (DXY) edged up 0.11% to 99.07 on Tuesday, showing signs of steadying after last week’s drop. It’s still holding above key support, with buyers trying to keep momentum going despite mixed U.S. economic data and changing views on Fed policy. Let’s take a closer look at the technicals.. Technical Overview Read More…
Introduction Gold futures (GC) rebounded off the R1 pivot at 4012.9 as buyers stepped back in to defend the support following Tuesdays 6% selloff, the biggest single-day drop in years. The retracement came after gold reached a fresh all-time high near $4,219, before seeing profit-taking amid easing geopolitical fears and a brief rebound in the Read More…
Introduction Candlesticks are by far the most used chart type in trading and investing today. Heikin Ashi candles take this one step further and smooth out the price action to create a less volatile chart for traders to analyze. In this guide, we will look at the Heikin Ashi candles, what indicators work well with Read More…
Introduction The Nasdaq 100 E-mini futures (NQ) are hovering just below record highs, as buyers successfully defended the 50-day moving average. The uptrend remains intact after the 3.5% single-day drop on the 10th of October. The index is consolidating beneath its all-time high (ATH) near 25,394, and price continues to test it on the shorter Read More…
Introduction The E-mini Russell 2000 futures (RTY) has followed the S&P 500, building on last week’s recovery as buyers continue to defend support levels and the 50 day moving average. The small-cap index is also aiming at targetting its all-time high (ATH) at 2,559 as bulls attempt to swing momentum back in their favour after Read More…
Introduction The S&P 500 E-mini futures (ES) began the week on firmer footing as buyers stepped in to defend the 6,575–6,600 support zone and the 50-day moving average. After a sharp selloff earlier this month, the index has started to find some extra buying pressure and is now pushing back to test all-time highs. In Read More…
Introduction Crude oil futures (CL) extended their decline this week, slipping another to $56.37, deepening the bearish move that began earlier in October. This follows the breakdown below the $60.00 support zone that we mentioned in the October 13 analysis. Just what the bears were aiming for has happened as the move below $61 zone Read More…
Introduction From October 13 to October 26, we’re raising our profit split on all accounts to 95%! That means you keep 95 out of every 100 dollars you make for evaluations purchased during that time frame. The 95% split will remain active for as long as your funded account does, with the first $10,000 withdrawn Read More…
Introduction Last week, we looked at Euro FX futures (6E) as selling pressure began to increase, and the bears were targeting 1.1424. Since then, prices have stabilized, and a small bounce has resulted. Let’s take a closer look at the technicals and see what we can find. Technical Analysis Daily Chart On the daily timeframe, Read More…
