Currency futures rose on Friday and extended the rally this week as the dollar eased due to a poor retail sales report. At the same time, the greenback was weak after Trump delayed implementing a reciprocal tariff to give time for investigations. US sales (Source: US Commerce Department) The US retail sales report on Friday Read More…
Tag: Futures market
Russell 2000 hold key support—is a breakout coming?
Introduction The Russell 2000 E-mini futures (RTY) are inside a bullish rising channel, despite recent choppy price action. Small-cap stocks have struggled for direction, but the 100-day SMA (2,299.9) trending upward steadily. As of today, RTY is trading at 2,289.2, up +0.17%, hovering near key pivot levels. Bulls are looking for a decisive move higher, Read More…
Interest Futures Hold Firm as Yields Tumble Amid Tariff Delays
Interest futures hovered near Thursday’s highs when Treasury yields collapsed due to delays on Trump’s reciprocal tariffs. However, since Friday last week, interest futures have collapsed due to upbeat US economic data and a decline in Fed rate cut expectations. Thursday was a bullish day for interest futures after Trump announced a period of investigations Read More…
How a University Student Withdrew over $39,500 Across Multiple Funded Accounts
Introduction Success in trading isn’t just about making the right trades—it’s about discipline, consistency, and a strong mindset. These are qualities often overlooked but incredibly important. While many traders struggle to reach profitability, Cedric, a university student from Baden-Württemberg, Germany, has proven that it’s possible. Through persistence and a methodical approach, he has successfully withdrawn Read More…
NASDAQ 100 (NQ) futures break triangle formation
Introduction The NASDAQ 100 E-mini futures (NQ) have broken out of a symmetrical triangle pattern. After weeks of consolidation, price action shows that buyers are regaining control, pushing NQ towards its all-time high (ATH) of 22,425.75. As of today, NQ is trading at 22,135.75, up +0.10%, holding above key support levels. The breakout above the Read More…
Oil Falls 2% on Reports of Russia-Ukraine Peace Deal Under Trump
Oil prices ended 2% lower on Wednesday after news of a likely end to the Russia-Ukraine war under Trump’s administration. At the same time, US inflation data came in higher than expected, dashing Fed rate cut expectations. WTI futures (Nymex) During his campaigns, Donald Trump said he would not allow the Ukraine war to continue Read More…