Interest futures recovered on Friday as market participants hoped for a de-escalation of tensions between the US and Iran. At the start of the week, the countries exchanged fire, causing panic and concerns about a full-blown war. At the same time, Trump said the ceasefire deal with Iran was over. Uncertainty hit markets last week Read More…
Introduction Nasdaq 100 futures are still consolidating below their June highs, but the structure on the daily chart is starting to take shape. Price closed at 29,718.75, holding just above the rising 50-day moving average after bouncing off a fresh swing low earlier this week. The bigger question is whether this is basing for another Read More…
Oil prices jumped on Wednesday amid escalating tensions between the US and Iran. The US bombed Iran a day after two tankers were hit near the Strait of Hormuz. Market participants were concerned about supply disruptions after Iran warned it would close the Strait again. Meanwhile, FOMC minutes revealed a split among policymakers over the Read More…
Introduction Gold futures have spent the past five months unwinding a powerful rally that took the metal from roughly 2,900 in December to an all-time high near 5,414 in February. Since that peak, bears have carved out a persistent downtrend, and gold is now trading at 4,458.5 — testing a zone where a long-term support Read More…
Gold prices eased on Monday and Tuesday after reaching a two-week high on a downbeat US jobs report. The pullback came amid a return to strikes in the Strait of Hormuz, which has paused negotiations between the US and Iran. Meanwhile, market participants are looking forward to the FOMC meeting minutes for more cues on Read More…
Introduction Nasdaq 100 futures continue to hold up well after their strong spring rally, even as the index takes a breather below its recent all-time highs. NQ ran from roughly 24,000 in April to a high near 31,000 by early June, and price has spent the last month digesting that move rather than reversing it. Read More…
