Introduction Last week, we looked at Euro FX futures (6E) as selling pressure began to increase, and the bears were targeting 1.1424. Since then, prices have stabilized, and a small bounce has resulted. Let’s take a closer look at the technicals and see what we can find. Technical Analysis Daily Chart On the daily timeframe, Read More…
Introduction There are many factors that play into a trader’s success, but arguably, the most important is access to capital and how trading one’s own money can drastically affect emotions, stress levels, and decision-making. If you’re a skilled trader, you want to put your strategy to the test and get paid for the edge you Read More…
Introduction Gold futures (GC) have extended their extraordinary rally, surging to $4,218.2. The yellow metal is up 58% for the year, and there are no signs of the momentum stopping as investors look for safe havens due to global geopolitical uncertainty and a softening U.S. dollar. In our previous analysis, Gold was trading at $3,850, Read More…
Introduction The S&P 500 E-mini futures (ES) saw its largest single-day drop since April on Friday, October 10, after President Trump announced via social media that he was considering new tariffs on select Chinese technology imports. Now, price is in discovery mode as bulls are seeing this as a possible buying opportunity. Lets take a Read More…
Introduction Last week, we looked at Crude Oil (CL) Futures, which were testing the support zone between $62.4 and $61. The sideways price action, which was dominating, could be coming to an end as the sellers found the strength to push the price below the level, falling 4.24% on Friday, its biggest drop since June. Read More…
Currency futures started the week on a cautious note as markets digested fresh US-China trade friction, political chaos in Europe and Japan, and shifting central bank expectations. With a data blackout due to the US government shutdown, the traders are leaning on the policy signals and geopolitical developments to determine the next move. The US Read More…
