Introduction ZB futures have been in a steady downtrend since 2020 as investors buy more and more bonds. The sentiment remains that more buying will continue meaning we can expect yields to continue to drop, and that provides us with some useful opportunities we can take advantage of. Technical analysis There is a resistance zone Read More…
The gap The gap at 0.0073 has now been filled in the Yen futures contract. We have been waiting for this to happen for over 3 weeks now, but the time has arrived. The chart is still bearish, but the bulls may begin to accumulate any day now with the expectation of a rally just Read More…
Recap The last time we looked at RTY was back on March 28th. There was a support band that formed at the $1,738 level, which is close to the 78% Fib level too. Price did rally out of the support zone by 200 points and has now retraced back into it. Let’s take a look at Read More…
Overview Crude Oil has been an interesting one to watch this year as we see prices bounce around within the $70 and $80 range. Range-bound traders have been able to capitalize on these moves while trend traders have been struggling. Technical analysis The gap has been filled that we mentioned last week. The bears have taken Read More…
Recap The last time we looked at Gold, we saw the price approaching all-time highs. The market is still hovering around the same level as from the time that article was posted back on April 11th. From here, we can look at what we see could be the best path forward regarding the price action in GC. Read More…
Overview It has been a while since we looked at 6B futures. Just like most other currencies, they are gaining grown against the Dollar. Pound traders that went long at the start of the year are up while the bears are struggling. Technical analysis There is an ascending triangle forming on the daily chart. This Read More…
