Introduction Nasdaq futures (NQ) are currently in a difficult position, sitting just above a key support zone near 24,500, while remaining below the 50 and 200-day moving averages. The market is mostly consolidating at this period of uncertainty surrounding the war in the Middle East. Positioning correctly is not very easy in these conditions because Read More…
US interest futures are pricing in a long period of tight policy after the Federal Reserve decided to keep its benchmark rate steady this week. A recent rise in global oil prices and ongoing inflation have made it harder for the Fed to ease up in 2026. The FOMC ended its two-day meeting on Wednesday Read More…
Introduction Gold has now clearly broken down from the symmetrical triangle that we discussed in the previous analysis. The important $5,000 level has failed, and the price is dropping fast. What was a balanced consolidation is no longer neutral. The market has chosen direction, and for now that direction is to the downside. The focus Read More…
Crude oil prices surged significantly this week as tensions rose in the Middle East, supply chains were disrupted, and prices rose sharply, making markets worry that the energy crisis will last a long time. The war between the US, Israel, and Iran has effectively closed the Strait of Hormuz, a key waterway that carries about Read More…
Introduction Crude Oil (CL) has now begun to find its feet since the start of the war in the Middle East. The picture for CL has been one of price discovery after a massive spike in the price. See our previous analysis here. After the initial surge and sharp rejection, price has begun to stabilize Read More…
On Wednesday, gold futures went up slightly and stayed close to the $5,000 psychological level. Investors remained cautious ahead of the US Federal Reserve’s decision on policy. The price of spot gold went up 0.15% to $5,010.03 per ounce, while the US gold futures for April delivery went up 0.13% to $5,014.24. Traders stayed cautious Read More…
