Technical Overview Trend & Structure The Russell 2000 futures have surged in the past two trading sessions, up 5% marking its best two days since the 5th of November 2025. This was on the back of a positive CPI report that showed inflation is in line with expectations. The price broke decisively above the 50-day Read More…
Introduction Crude oil is down 4% for the month and 10% for the year, and the technicals for now are signalling to sell. Price has bounced off the S2 level at 62.31 with a bullish engulfing, which bulls are hopeful for prices to move higher. Technical analysis The resistance at $68 is the first major Read More…
Oil prices held steady on Thursday as market participants looked forward to the meeting between Trump and Putin in Alaska. At the same time, a surge in Fed rate cut bets has boosted optimism about a stronger economy and robust oil demand. However, there is downward pressure from weak demand and prospects of increased oil Read More…
Gold prices rose on Thursday as the likelihood of a September Fed rate cut rose after downbeat US inflation figures. However, the move was subdued as risk appetite remained high after the US-China tariff extension. At the same time, progress in talks between Russia and Ukraine has lowered demand for safe-haven assets. Data on Tuesday Read More…
Equities ended lower on Monday as market participants prepared for the crucial US consumer inflation report. Still, there was some optimism after Trump announced an extension of the US-China trade truce for another 90 days. Equities on Monday stayed mostly on the sidelines, awaiting the US CPI report for more clues on Fed rate cuts. Read More…
Market Snapshot Metric Value Current Price at time of writing 1.16395 50-Day MA 1.16444 200-Day MA 1.09894 Key Resistance 1.1700 – 1.1800 Key Support 1.15625 (range floor), 1.14250 (major swing low) Technical Overview Weekly Chart The weekly chart is a good way to show the strength of the long-term trend of any asset. The Dollar Read More…
