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…
Introduction The Dow has made a solid recovery from the April lows and is now trading back near the upper end of its range. The move higher has been clean and steady, and has followed the other US equity markets. YM is lagging slightly, though, and has not breached the ATH like the S&P 500. Read More…
Introduction When traders look at a funded trader program, most of the attention usually goes to the profit target, trailing drawdown, or payout structure. But an often overlooked element is the consistency requirement. This is another aspect that makes OneUp Trader the better-funded trader program choice because it is far easier to pass, and in Read More…
Currency futures struggled last week amid a decline in risk appetite due to escalating tensions between the US and Iran. Meanwhile, the dollar gained as demand for safe-haven assets increased. Additionally, market participants paid attention to US sales data, which pointed to strong consumer spending. Risk appetite plunged when Iran seized two ships in the Read More…
Introduction After holding the $87–90 support zone and spending time stabilizing, the price has now pushed higher again, coming close to $100 per barrel. It has been a wild ride since the start of the war for CL prices, moving from $55 to over $120, then finding a footing again at $87. Let’s take a Read More…
Interest futures ended lower on Thursday as escalating tensions between the US and Iran sent oil prices higher. Inflation worries increased, sending Treasury yields higher. At the same time, the recent decline in expectations for Fed rate cuts has weighed on interest-rate futures. Tensions between the US and Iran escalated this week despite an extension Read More…
