Introduction Euro FX futures (6E) are continuing their downtrend. The latest decline follows a sharp rejection from the 1.06305 resistance zone, which had previously acted as support before turning into resistance. The primary catalyst for this move remains the rallying U.S. dollar, fueled by economic optimism surrounding President Trump’s fiscal and trade policies. Fundamental drivers Read More…
Tag: Futures market
Interest Futures Fall as Yields Rise on Trump’s Tariff Push
Interest futures eased on Friday as the dollar, and Treasury yields climbed after Trump emphasized his tariff plans. Meanwhile, market participants remained cautious ahead of a crucial US inflation report that will shape the outlook for monetary policy. The bond market paused its recent rally as investors feared a longer period of elevated interest rates Read More…
Dow Jones futures flirts with all-time high
Introduction The E-mini Dow Jones Futures (YM) are once again testing all-time highs (ATH), after staging an impressive bounce off a long-term trendline support. The index has been in a steady uptrend just like all US indices. While buyers have driven price action toward record levels, the key question now is whether Dow futures can Read More…
Inside the Mind of a Funded Trader: Harrison’s Approach to Trading Psychology
Introduction When it comes to successful funded trading, psychology plays an incredibly important role. Today, we will share the story of Harrison, a futures trader from Texas who recognizes the importance of having the correct mindset. Harrison completed the evaluation in just 20 days, so let’s see how he did it and his approach to Read More…
Oil Remains Steady After FOMC, Trade Tensions Loom
Oil prices paused after collapsing in the previous session as market participants worried about looming tariffs on Canada and Mexico. Notably, these two countries supply most of their oil to the US. Moreover, a surge in US crude inventories last week indicated weak demand, dampening sentiment. Oil prices peaked on 15th January and have maintained Read More…
Gold futures gap up in early Thursday trade
Introduction Gold futures (GC) have surged to $2,799, marking a strong gap up and a direct test of the all-time high (ATH). This breakout attempt follows the completion of a bullish symmetrical triangle pattern. The market remains highly reactive to macroeconomic conditions, with gold benefiting from inflation concerns, central bank policies, and renewed safe-haven demand. Read More…