Currency futures rose on Friday as the risk sentiment remained elevated, putting pressure on the safe-haven dollar. The British pound remained the top performer as the UK’s GDP showed a sigh of relief, followed by a higher-than-expected CPI reading that could result in a slight tweak to the Bank of England’s easing policy. On Friday, Read More…
Introduction In October 2024, we shared the remarkable story of Furkan, a young economics student from Germany who had achieved an impressive $24,700 in withdrawals through the OneUp Trader funded program. Today, we’re excited to bring you an update on his trading, as he has withdrawn another $12,800 across three funded accounts in just nine Read More…
Introduction Japanese Yen futures (6J) have been in a strong recovery since bottoming near 0.0061830, pushing through key levels and reclaiming the 100-day VWMA (0.0065776). However, price has now reached a major resistance zone near 0.0066630, where previous rallies have failed. As of today, 6J is trading at 0.0066630, down -0.46%, with price stalling just Read More…
Introduction The Euro FX futures (6E) continue to trade above support, holding gains after forming a bullish divergence at the lows. Price remains in a short-term recovery phase, but the 1.0580 – 1.0630 resistance zone and the 100-day VWMA (1.0581) are capping upside momentum. As of today, 6E is trading at 1.04585, up +0.19%, with Read More…
Oil prices hovered near a one-week high on Thursday amid tensions between Ukraine and Russia that could impact supply. At the same time, stalled peace talks between Russia and Ukraine lower the likelihood of a near-term end to the war. Meanwhile, cold weather in the US has increased the risk of tighter supply, further supporting Read More…
Gold prices surged on Tuesday as investors sought safety amid stalled Russia-Ukraine peace talks. At the same time, uncertainty regarding Trump’s tariff policies and their impact on the global economy drove safe-haven inflows to the yellow metal. Reports that Trump was ready to end the war between Russia and Ukraine weakened gold prices as it Read More…
