Introduction This is a follow-up to the 22 July analysis, where the rejection at 29,300 kept the breakdown intact, with 28,000 flagged as the nearer downside target and the 200-day MA further below that. That scenario has played out — NQ broke below the 17 July low, trading down to 28,200. Today’s session (Monday 27 Read More…
Currency futures recovered on Monday after the US paused its two-week-long attacks on Iran. The pause boosted risk sentiment and sent oil prices lower. Meanwhile, the dollar pulled back as demand for safe-haven assets declined. Market participants were also optimistic after reports that China was pushing for diplomacy in the Middle East. Dollar performance (Source: Read More…
Introduction Back in early March, we introduced you to Jack, a 24-year-old freelancer from Beverly, Massachusetts, who pulled $27,000 out of three funded OneUp Trader accounts in his first 25 days. Since then, he’s kept grinding the same trading strategy, and the results have only compounded. Jack’s total withdrawals now stand at $67,982! What Changed Read More…
Interest futures were heading for a very bearish close to the week on Friday amid geopolitical tensions that sent oil prices soaring. Expensive fuel will most likely drive inflation higher, boosting bets on Fed rate hikes. As these go up, Treasury yields climb while the bond market suffers. Bond futures have collapsed since Monday as Read More…
Introduction Silver is trading at $59 today, close to retesting a support zone that’s now been tested four separate times since last October — twice on the way up in November and December, and twice again this year after the sharp correction from January’s spike high near 122. It could be an excellent entry for Read More…
Oil prices rallied to new highs on Wednesday after the US started its eleventh consecutive day of strikes on Iran. Meanwhile, Iran has been busy attacking US facilities in Gulf countries like Kuwait. The escalating tensions have intensiied supply disruptions, tightening a market that had started loosening. Tensions between the US and Iran have escalated Read More…
