Chart OverviewEuro FX Futures (6E) remain under pressure as the Dollar continues to rise. The Euro has been held at the support zone at 1.063 after the Trump victory rally of DXY. Weak momentum, confirmed by a declining RSI, raises the likelihood of further downside if bulls cannot push prices back into the prior range. Read More…
NASDAQ 100 E-mini Futures Daily Technical Analysis
Chart OverviewThe Nasdaq 100 E-mini Futures are showing signs of exhaustion at current levels, as the price action is forming a rising wedge pattern—a bearish signal when it appears at the top of a rally. With the price sitting near 21,800, the market appears stretched. Let’s break down what this could mean for traders and Read More…
Gold Futures (GC) Technical Analysis – December 11, 2024
Building on the November 25 analysis, where we saw a potential Head and Shoulders (H&S) forming, the updated chart tells a different story. The $2,542.3 “Last Support” held firm, and price action has invalidated the H&S pattern, leading to a false alarm on the formation. The bullish momentum has pushed prices back toward $2,707.6, so Read More…
S&P 500 E-mini Futures (ES) Technical Analysis – December 9, 2024
Chart OverviewSeven days since the last analysis, the S&P 500 E-mini Futures remain firmly bullish. The price is steadily advancing toward the 6,250 target due to the influence of positive sentiment surrounding Trump’s presidency and his pro-growth policies. Let’s evaluate the updated price action and provide insights into what might unfold next. Key Developments Over Read More…
Crude Oil Futures Technical Analysis – December 5, 2024
Chart OverviewCrude Oil prices are still sitting in the yearly support zone around $67-$69. The market is watching closely for a breakout above $75.30, which aligns with the descending trendline resistance. Adding bullish momentum is the recent news of U.S. crude oil stockpiles falling more than expected, sparking hopes for tighter supply and higher prices. Read More…
U.S. Dollar Index (DXY) Technical Analysis – December 4, 2024
Chart OverviewThe U.S. Dollar continues its bullish trajectory due to optimism surrounding Donald Trump’s presidency and expectations for a pro-growth economic agenda. The DXY has successfully broken above its long-term descending trendline, with the price now consolidating just above 106.6, a key resistance-turned-support zone. This move puts the all-time high (ATH) at 114.789 firmly in Read More…
S&P 500 Futures ($ES) Technical Analysis – December 2, 2024
Chart OverviewBuilding on the November 13 analysis, the S&P 500 E-mini Futures (ES) continues its bullish trajectory, maintaining strength post-Trump’s presidential victory. The updated chart shows the rally firmly intact, with the target at 6,250 drawing closer. Let’s analyze what’s next for price action based on current conditions and future prospects. Key Developments Since November Read More…
A Freelancer Withdraws $33K Trading Retracements
Introduction At OneUp Trader, we love celebrating the achievements of our traders. Today, we’re excited to share the story of a seasoned futures trader from Florida who has mastered the art of retracement trading with OneUp Trader’s funded program. In just 42 days, he withdrew $9,100 from his funded account, bringing his total withdrawals to Read More…
Thanksgiving Holiday Trading Hours – CME Group Globex
As Thanksgiving approaches, please note the adjusted trading schedule for November 27–29, 2024. Stay informed to plan your trading effectively! Key Schedule Highlights: Wishing all traders a safe and happy Thanksgiving! For full details, please refer to the official CME Group holiday schedule.
Exciting News: Get 35% Off OneUp Trader Evaluations!
Introduction Attention traders! OneUp Trader is running a limited-time promotion: 35% OFF on all regular evaluations. This is your chance to take advantage of our premium product at a fraction of the cost. You can redeem this code once per email, and you can get funded on up to three accounts at the same time! Read More…