Currency futures markets are recalibrating amid political and macroeconomic events in the US that are affecting investors’ sentiment toward the US dollar. The nomination of Kevin Warsh as the next Fed Chair has changed expectations toward a less flexible policy path. This has supported the US dollar across futures markets. The bias in euro FX Read More…
Introduction Nasdaq 100 E-mini Futures (NQ) have pulled back from recent highs after failing to sustain a breakout attempt above all-time highs. Following a strong multi-month rally, price is now rotating lower toward support, marking a shift from momentum expansion into consolidation. From here, the first support will be the 50 moving average, which also Read More…
Crude oil futures are locked in a geopolitically driven rally, with Brent pushing toward the high $60s and WTI into the mid-$60s, marking three consecutive days of gains and roughly a 5% advance since January 26. The primary driver is escalating Middle East tension centered on Iran, a key OPEC producer pumping around 3.2 million barrels Read More…
Introduction Light Crude Oil Futures (CL) have moved sharply higher from long-term support, climbing back above the $62 level. This move breaks price out of the lower trading range that had held crude oil prices in place for several months. After repeatedly finding buyers in the mid-$50s, WTI crude oil futures are now showing early Read More…
Introduction The S&P 500 E-mini Futures (ES) are once again near the top of their recent range, trading just below the 7,000 level after holding earlier support. Price bounced cleanly from the latest pullback and is now testing resistance again, which shows that buyers are still in control even after multiple attempts to push lower. Read More…
US equities are slowly rising despite a lot of noise in the economy and politics. Tech stocks are helping to keep risk sentiment high, even as policy and tariff risks grow. On Monday, the Dow, S&P 500, and Nasdaq rose by about 0.4% to 0.6%. This kept the cautiously optimistic mood going into a week Read More…
