Introduction E-mini Dow Jones futures (YM) have rebounded off trendline support, regaining strength after a recent pullback. Price tested the ascending trendline and the 100-day VWMA (43,610), holding above these levels and keeping the long-term uptrend intact. Market Drivers & Key News Events Technical Analysis Bounce from Trendline—Higher Lows Intact Key Support & Resistance Levels Read More…
Currency futures rose on Friday as the risk sentiment remained elevated, putting pressure on the safe-haven dollar. The British pound remained the top performer as the UK’s GDP showed a sigh of relief, followed by a higher-than-expected CPI reading that could result in a slight tweak to the Bank of England’s easing policy. On Friday, Read More…
Interest futures rose on Friday as Treasury yields, and the dollar fell due to a likely trade deal between China and the US. Recent weak data on sales and unemployment claims has raised expectations for Fed rate cuts this year. Treasury yields fell on Thursday after reports of an expected meeting between US President Trump Read More…
Introduction Japanese Yen futures (6J) have been in a strong recovery since bottoming near 0.0061830, pushing through key levels and reclaiming the 100-day VWMA (0.0065776). However, price has now reached a major resistance zone near 0.0066630, where previous rallies have failed. As of today, 6J is trading at 0.0066630, down -0.46%, with price stalling just Read More…
Oil prices hovered near a one-week high on Thursday amid tensions between Ukraine and Russia that could impact supply. At the same time, stalled peace talks between Russia and Ukraine lower the likelihood of a near-term end to the war. Meanwhile, cold weather in the US has increased the risk of tighter supply, further supporting Read More…
Gold prices surged on Tuesday as investors sought safety amid stalled Russia-Ukraine peace talks. At the same time, uncertainty regarding Trump’s tariff policies and their impact on the global economy drove safe-haven inflows to the yellow metal. Reports that Trump was ready to end the war between Russia and Ukraine weakened gold prices as it Read More…
