Oil paused its one week rally on Thursday as prices pulled back amid an increase in Fed rate hike expectations. However, increasing tensions in the Middle East has renewed worries about supply, especially through the Strait of Hormuz. Since Thursday last week, oil has gained as tensions between Yemen’s Houthi militants and Saudi Arabia intensified. Read More…
reading time: 1 min Introduction Its time to take another quick look at Crude Oil futures today. In our previous analysis, we noted a bullish flag forming, and the price is attempting to break out of it today (12 October). With the price currently at $92.96, a few points higher, we have a real candidate for Read More…
Oil has remained subdued in a tight range in recent days amid easing supply worries. Middle East exports have gradually recovered and are nearing pre-war levels. At the same time, G7 countries agreed on Friday to release diesel and crude stocks to loosen the market. However, reports on Wednesday revealed that Trump might resume bombing Read More…
Reading time: 3 minutes The S&P 500 is testing the all-time high once more, and now the bulls need to follow through and push the price above 7,906. The trend is bullish. There is not much to look at in the chart, but let’s see what important levels are to note and if there are Read More…
A $50,000 evaluation does not give you $50,000 of room to trade with. That is just your buying power; the drawdown is something different, and it is important you know how it works before you start trading. This guide shows how OneUp Trader’s trailing drawdown works, when it locks, and how to size trades so Read More…
Reading time: 3 minutes Euro futures have extended their decline since our September 30 analysis. We noted that bulls needed to hold the 1.14 level or we could see selling pressure accelerate. The buyers were not able to hold the level, and the price is now turning even more bearish than it was before. The Read More…
