Author
Jay
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Announcements

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…

gold technical analysis head and shoulders pattern
Technical Analysis

Gold Futures ($GC) Technical Analysis – November 25, 2024

Gold futures introduction Building on the November 7 analysis, where we discussed the potential Head and Shoulders (H&S) formation, today’s updated chart confirms resistance at $2,707.6, aligning with the Right Shoulder level. Gold remains in its ascending channel, but a breakdown of $2,542.3, the “Last Support,” would validate the H&S pattern, triggering a reversal with Read More…

bitcoin weekly chart technical analysis after donald trump pump
Technical Analysis

Bitcoin is pumping thanks to Donald Trump

Introduction A trader on TradingView has shown us an interesting long-term analysis for Bitcoin, targetting a peak between $113,000 and $120,000 USD. This pump is due to Donald Trump’s pro-crypto policies and a favorable regulatory outlook. Bitcoin has doubled in value this year and surged 40% since the U.S. election, as investors get bullish on Read More…

6E euro dollar after donald trump victory
Technical Analysis

Is the Euro in trouble? Technical analysis points bearish

Chart OverviewThe Euro is under significant pressure as the U.S. Dollar strengthens on the back of Donald Trump’s presidential victory. The heightened demand for the dollar has sent the Euro tumbling into a critical support zone at 1.06305. Can the Euro hold this support line, or if further declines are on the horizon. Let’s break Read More…

DXY Dollar weekly chart
Technical Analysis

U.S. Dollar Index (DXY) Technical Analysis – November 19

Chart OverviewThe U.S. Dollar Index (DXY) has staged a tremendous rally following Donald Trump’s presidential victory, fueled by expectations of pro-growth policies and a potential hawkish stance from the Federal Reserve. After a sharp climb of 6.89%, the dollar has reached a critical resistance zone near 106.13-108, leaving traders to wonder: is the dollar too Read More…

crude oil futures (CL)
Technical Analysis

Crude Oil Futures Weekly Technical Analysis – November 18, 2024

Crude Oil Futures Introduction Crude oil futures are showing some bullish support after testing the $68 level again. This level is proving to be a fortress for bulls, requiring significant selling pressure to break lower. At the moment CL looks bullish and there are a few things that we can look at to reinforce this. Read More…

Technical Analysis

U.S. Dollar Technical Analysis – Donald Trump Pump

Chart OverviewThe U.S. Dollar Index (DXY) has seen a significant rally on the back of Donald Trump’s return to the presidency, as market sentiment anticipates potentially stronger economic policies and interest rate hikes. This has positioned the dollar for further gains, pushing it past a critical resistance zone and igniting speculation about new all-time highs Read More…

S&P 500 futures
Technical Analysis

S&P 500 E-mini Futures Technical Analysis – November 13 2024

Introduction Investors are viewing Trump’s return as very bullish for pro-business policies, fueling the recent rally that we see. It is difficult now to think of something that could send the market lower if the ongoing geopolitical conflicts wouldn’t do it. At the moment, the S&P 500 is up 4% since the election and what Read More…

bitcoin BTC
Technical Analysis

Bitcoin Price Outlook: Bullish Momentum Dominates, $110,000 in Sight

Introduction Bitcoin’s recent surge is capturing attention, especially after Donald Trump’s presidential win. Since this pivotal event, Bitcoin has rallied by 20%, breaking out of a significant bullish flag pattern. This breakout is a clear signal of potential continued bullish momentum. Donald Trump is bullish on cryptocurrency, and we are seeing a ripple effect in Read More…