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 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…
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…
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…
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…
Chart OverviewToday’s analysis focuses on Gold Futures, trading on a daily timeframe. While the market maintains an overall bullish trend within a well-defined ascending channel, a potential head and shoulders pattern could be formed. There was a big red candle on the Trump victory, which was no surprise as investors looked for riskier investments instead of Read More…
