Market Snapshot Metric Value Current Price at time of writing 1.16395 50-Day MA 1.16444 200-Day MA 1.09894 Key Resistance 1.1700 – 1.1800 Key Support 1.15625 (range floor), 1.14250 (major swing low) Technical Overview Weekly Chart The weekly chart is a good way to show the strength of the long-term trend of any asset. The Dollar Read More…
Currency futures were mixed on Monday after having a strong week amid dollar weakness. The dollar fell last week as Fed rate cut expectations rose due to poor economic data and Trump’s Fed nominations. Meanwhile, market participants kept from making large moves on Monday as they awaited the crucial US consumer inflation report. Dollar Index Read More…
Introduction Nasdaq (NQ) futures are close to making new highs again after a short but sharp 4.4% pullback. Market Snapshot Metric Value Current Price As Of Article 23,738.50 Day’s Change +24.75 (+0.10%) 50-Day MA 22,707.56 200-Day MA 21,208.43 Pivot Point (P) 23,264.00 Key Resistance Levels 23,946 (R1), 24,527 (R2), 25,209 (R3) Key Support Levels 23,264 Read More…
Interest futures held steady on Friday as Treasury yields remained subdued after downbeat US employment figures. Meanwhile, market participants were speculating about future rate cuts after Trump’s pick to fill the vacancy in the Fed. US continuing claims (US Labor Department) Data on Thursday revealed that US employment claims increased more than expected. Claims rose Read More…
Technical Overview Trend and Structure Momentum & Volatility Key Technical Levels Level Type Description 68.50 Pivot (P) Prior rejection level, key resistance 66.61 50DMA Broken support turned resistance 62.31 S2 First strong support test 59.94 S3 Critical downside level 71.62 R1 Bullish breakout reclaim level Probability Table Scenario Estimated Probability Commentary Continuation lower to test Read More…
Crude oil markets are currently facing a tug-of-war as signs of demand are clashing with rising supply, all underscored by geopolitical risks. At the time of writing, Brent crude trades around mid-$60 while WTI remains steady near $62. Broader economic uncertainties OPEC+ output hikes continue to pressure the oil prices. On the supply side, OPEC+ Read More…
