Interest futures were heading for a bearish week on Friday as market participants grappled with escalating Middle East tensions and a less dovish Fed. Rising tensions in the Middle East sent oil prices higher, boosting Treasury yields. Meanwhile, some Fed policymakers took on a more hawkish tone during the FOMC meeting, increasing chances of rate Read More…
Introduction For the past few weeks, DXY has been trading within a clear range between roughly 96.20 and 102.00. That structure is still intact. Nothing on this chart suggests a confirmed trend change. The rally we saw from the lows at the beginning of the year to 102 was driven by escalation in the Middle Read More…
Oil prices jumped by over 6% on Wednesday after Trump said the US would maintain its blockade on the Strait of Hormuz. Tensions between the US and Iran have remained high since last week. Uncertainty about the future, stalled negotiations, and the ongoing disruptions to oil supply have all pushed prices higher. Brent Crude rally Read More…
Introduction In the previous analysis, ES had broken above the prior all-time high, and we were questioning whether it could hold that level moving forward. So far, that has been the case as more and more buying interest enters the market. Price pushed above the 7,100 level, which was its previous all-time high. As mentioned Read More…
Gold prices declined by 2% on Tuesday as Trump dashed hopes for an end to the Middle East war by rejecting Iran’s proposal. Tensions have remained high since last week, boosting the dollar and hurting gold amid rising safe-haven demand. Meanwhile, traders are gearing up for the FOMC meeting and for clues on future policy Read More…
Introduction Gold has clearly shifted out of its prior strong uptrend and is now in a corrective phase. To put it in perspective, GC has rallied over 140% since Feb 2024. Undoubtedly, there have been a lot of people who have made a profit in the yellow metal, and now the profit-taking is getting strong. Read More…
