Introduction The British Pound futures (6B) have been under pressure, with the price now trading within a support zone formed in October 2023. This weakness aligns mainly with the strengthening U.S. dollar, driven by optimism surrounding President Trump’s re-election and the anticipated implementation of pro-growth economic policies. Let’s analyze the technical and fundamental factors influencing Read More…
The Nifty 50 Futures have been in a sustained downtrend, with bearish sentiment taking over since the to last year September. The performance metrics show a weak outlook across all timeframes, while technical levels show the possibility of further downside. Let’s break down the technicals. Performance Metrics Overview Technical analysis Price Below Moving Averages: Momentum Read More…
Introduction Since our last analysis on January 6, 2025, the S&P 500 E-mini Futures (ES) have broken below a key technical support, bringing with it a small panic sell-off. The price is currently trading near 5,812, marking a break below the bullish ascending channel that has defined the market’s structure since mid-2024. This breakdown warrants Read More…
Introduction The U.S. Dollar Index (DXY), which measures the dollar’s performance against a basket of major currencies, has rallied hard since the Trump victory. Lets take a closer look at the technicals. Technical Analysis Overview Weekly Chart Highlights: Technical Indicators: Fundamental Analysis The dollar’s rally is largely attributed to market optimism surrounding President Trump’s economic Read More…
Introduction Since our previous analysis on January 2, 2025, crude oil futures (CL) have rallied as anticipated, breaking above the consolidation range and climbing toward key resistance levels. With today’s price action hovering near critical technical zones, let’s analyze the probabilities for the next directional move in crude oil futures. Technical Analysis Overview Key Developments Read More…
Introduction The E-mini Russell 2000 Futures (RTY) continues to trade within a well-established bullish channel. The channel is not very strong, but nevertheless, the price is rallying over the long term. Lets take a closer look at the technicals. Technical Analysis Bullish Channel Formation Support and Resistance Levels Indicators Analysis Relative Strength Index (RSI) Bullish Read More…
