Introduction Today, we have another amazing withdrawal and trader story to share with you: the inspiring story of Geoffrey, a registered nurse from the United States who has successfully balanced his full-time healthcare career with a funded trading account at OneUp Trader. In just six days, Geoffrey withdrew $13,000 from his funded account, with each Read More…
Interest futures rallied on Thursday and Friday as Treasury yields fell after the US central bank lowered rates by 25-bps. The rally came after a dip to new lows due to fears of higher inflation and interest rates with the new Trump administration. Treasury yields eased on Thursday as the Trump trade faded. Initially, yields Read More…
Oil prices fell on Wednesday and Thursday as traders digested the implications of a Trump presidency. At the same time, dollar strength has weighed on prices by making oil more expensive for foreign buyers. Meanwhile, market participants awaited the FOMC policy meeting, which is coming later on Thursday. Dollar vs Brent (Source: Bloomberg, ICE) Results Read More…
Chart OverviewToday’s analysis focuses on Gold Futures, trading on a daily timeframe. While the market maintains an overall bullish trend within a well-defined ascending channel, a potential head and shoulders pattern could be formed. There was a big red candle on the Trump victory, which was no surprise as investors looked for riskier investments instead of Read More…
Gold prices plunged to a three-week low on Wednesday after Trump won the US presidential election. Meanwhile, the US dollar surged to a four-month high, making gold more expensive for foreign buyers. However, the market focus has shifted to the upcoming US central bank policy meeting. Republican candidate Donald Trump won the election on Wednesday, Read More…
Chart OverviewToday, the S&P 500 has surged on the news that Donald Trump has secured the presidency. The recent price action is due to the massive bullish sentiment surrounding the U.S. economy after Donald Trump’s presidential victory. The S&P 500 futures are up 2.14% before US market open this Thursday. Key Technical Patterns & Levels Read More…
