Introduction NQ, like the rest of the world’s stock markets, is surging. Now trading at an all-time high. This week might be the first weekly close above the all-time high, which marks an incredible recovery after a 37% decline from its previous high back at the beginning of 2022. Let’s see what the charts tell Read More…
Introduction Crude Oil has fallen from a high of $130 back in the middle of 2022 to a price of $72. Was that the highest price we will ever see in Crude Oil? The market sentiment is bearish at the moment for black gold but what do the charts say? Weekly Chart The weekly chart Read More…
Oil prices experienced a 1% increase on Wednesday, rebounding from a five-month low recorded in the previous session. The uptick was propelled by a greater-than-anticipated weekly reduction in US crude storage and apprehensions regarding the security of oil supplies in the Middle East after an attack on a tanker in the Red Sea. Moreover, oil Read More…
Discover essential strategies for the OneUp Trader funded trader program, including risk management and trading discipline, for a successful trading career. Taking your first step toward funded trading marks an exciting milestone but requires careful planning and a strategic approach to enhance your chances of success. In this guide, we will go through the essential Read More…
On Wednesday, oil prices dropped by almost 4%, reaching the lowest close since June. Concerns about global fuel demand increased following US data revealing a larger-than-expected increase in gasoline inventories. Prices were also impacted by worries about China’s economic health and future fuel demand, worsened by Moody’s downgrade of China’s A1 rating outlook from stable Read More…
Introduction Crude Oil is now firmly in a downtrend, with the weekly chart printing 6 straight red weeks, and this week looks no different. CL has dropped 25% since September and is approaching a major support zone at $68 per barrel. Weekly Chart Price is now also below the point of control line, which is Read More…
