Nasdaq 100 index futures (NQ)
Strategies Technical Analysis Trading Tips

NASDAQ Futures (NQ) Stuck In Consolidation

NQ remains within a tight consolidation zone Different ways we can capitalize on the breakout Targets for each direction and what it means for markets in 2023 NQ Remains Within Tight Range Amid Inflation Report NQ has been stuck in a 574-point range for almost a month now. We saw a huge rally in markets Read More…

Market Overview Technical Analysis

Euro (6E) Futures: Technical Outlook Pending Fed Rate Decision

The Fed rate decision and press conference may heighten market volatility. The bullish breach above the trend channel has not significantly changed market sentiment. An analysis of the 1-hourly chart. Fed Day Today is a very big day for the markets as the Fed will announce its rate decision with expectations of a 75 basis Read More…

Technical Analysis

Technical Outlook: E-mini Dow Jones (YM) Futures

Medium Term Outlook on Weekly Chart looks bearish Fibonacci Fan & Retracements Show more downside potential Possible Scalping opportunities abound for the Bulls Medium Term Outlook The fact that YM has broken below the previous 2022 low, coupled with the Feds stance on interest rate policy, gives much power to the bear case. There is Read More…

gold futures
Technical Analysis

Gold Futures (GC): Double Bottom and Pennant Patterns Formation

1-2-3 Reversal call turns into a potential double bottom Major support zone holding since May 2020 Pennant chart pattern forming on 4 Hour chart Support Zone Reminder We need to go back to May 2020 to observe the major support zone, which has been tested six times in two years. The yellow metal is currently Read More…

Market Overview

JPY/USD Futures: Bearish Pressure Mounts amid Soaring Yields

Rising US yields weigh on the JPY/USD futures. The Bank of Japan maintains its dovish policy, further igniting the bears. US PMIs, durable goods data, and Fedspeak are the key focus for the market participants. Futures prices for JPY/USD (6J1) remain strongly influenced by US Treasury yields. However, we anticipate that the pair will gain Read More…

global economic development
Market Overview

Inflation Fears Unfounded as Global Earnings Recover

After more than a year of uncertainty and instability, investors were rightfully worried about the global economic developments in the foreseeable future. Moreover, the Labor Department’s latest report released in May added fuel to the fire, causing a great commotion among investors concerned about the potential emerging inflation and the presumed Fed’s response. A higher Read More…