Introduction S&P 500 futures have responded exactly how bulls would have hoped following the pullback we discussed in our June 9 analysis. Last week, ES had just triggered its first Supertrend sell signal since February and was pulling back from the highs near 7,650. After selling off and testing the 50-day MA, buyers stepped back Read More…
Currency futures jumped on Monday as the dollar declined after reports of a deal to end the Iran war. The news which came out over the weekend boosted risk appetite and eased inflation concerns. Meanwhile, market participants are gearing up for the FOMC policy meeting. Dollar performance (Source: Bloomberg) The dollar ended last week lower Read More…
Introduction Nikkei 225 futures continue trading in one of the strongest uptrends among the major global equity indices. After recovering from the sharp selloff seen during April 2025, the index has spent more than a year grinding higher inside a bullish channel. The recent pullback from the highs near 68,000 appears to be finding support, Read More…
Interest futures jumped on Thursday after Trump canceled planned strikes on Iran, easing inflation worries. However, a solid US wholesale inflation report increased the likelihood of a Fed rate hike, putting a lid on gains. Market participants have been watching developments in the Middle East. Tensions between Israel, Iran, and the US have escalated since Read More…
Introduction A 21-year-old trader from London has withdrawn $10,111 in just 18 days after getting funded for the first time with OneUp Trader. Having joined the funded trader program only a few months ago, Ali was able to turn that first funded opportunity into a successful withdrawal by scalping the E-mini S&P 500 (ES). Trading Read More…
Oil extended its decline on Thursday as market participants hoped for a near-term supply surge. The decline came despite rising tensions in the Middle East. Furthermore, there was pressure from a rallying dollar after solid jobs data and inflation hitting a three-year high. Tensions in the Middle East escalated last week after Israel renewed its Read More…
