US equities had a rough start to March, swinging back and forth due to rising geopolitical tensions, even though domestic economic data showed economic resilience. Futures fell sharply at first after the US and Israel bombed Iran over the weekend. This caused oil prices to rise sharply, raising fears of a larger regional war. The Read More…
Introduction The U.S. Dollar Index (DXY) had a small uptick in buying pressure after the weekend’s turmoil over the Middle East. Now the greenback is trading at 98.2, and the price spiked 1% after the open. The catalyst is as follows: What Just Happened in the Dollar Index? A lot hinges on the developments in Read More…
Introduction After a weekend full of major turmoil in the Middle East, Crude Oil (CL) has exploded higher, rallying 12.54% in early Monday trade. Any further developments of the crisis will be closely watched by investors, and all traders should be wary of the volatile swings we are likely to see in the market this Read More…
Currency futures remained volatile on Monday morning as tensions in the Middle East rose, pushing safe-haven flows into the US dollar. At the same time, rising oil prices and shifting rate expectations changed the positions of significant contracts. In Asian trading, the US Dollar Index futures (DXY) remained close to 98.00, supported by renewed interest Read More…
Introduction In the February 17 analysis, ES was trading within a range, with resistance near the 6,950–7,000 zone and support around 6,750–6,800. Momentum was weakening, which was understandable after such a long and tireless rally that we have seen in the US equity markets. Since then, price has struggled to find the buying power necessary Read More…
Introduction In the February 3 analysis, gold had a very big single-day sell-off of 13% after the price was hitting new highs consistently. The analysis we did was to see if there was a higher probability of the market continuing to fall or finding a base and slowly forming a recovery. Since then, the bulls have Read More…
