The US Dollar has rallied 18% this year due to an aggressive interest rate policy. Correlation between the Dollar and the Equities Futures markets. Technical Analysis on the US Dollar. Dollar Likely To to Remain Stronger The US Dollar has rallied this year by more than 18% due to the aggressive policy outlined by the Read More…
Oil prices held steady after the Fed’s rate hike as other risk assets fell. A decrease in U.S. oil inventories pointed to a rise in demand. OPEC production went down in October, raising global supply concerns. Crude Oil (CL) futures prices increased on Wednesday despite declines in other risk assets after the Federal Reserve’s fourth Read More…
Who Is He & Why He Chose OneUp Trader Alex C, a trader from Florida received funding In June of 2022. He chose the $150K account because he felt it was the account that gave him the most bang for his buck. OneUp Trader’s flexible rules, 24/7 support desk, and free data once funded are Read More…
The Fed rate decision and press conference may heighten market volatility. The bullish breach above the trend channel has not significantly changed market sentiment. An analysis of the 1-hourly chart. Fed Day Today is a very big day for the markets as the Fed will announce its rate decision with expectations of a 75 basis Read More…
The weekly chart shows a bullish false-break candlestick formation. Analyzing the support/resistance band on the 4-Hourly chart. A look into the 1-Hourly trend channel. False Break Candle The false break candle strategy is one we are familiar with at OneUp Trader, and for a good reason – its reliability! The pattern works because when the Read More…
The parabolic curve on the CL chart continues to act as support. A Potential inverse Head & Shoulders formation on the 4-Hourly time frame. Point of control volume profile acting as resistance. Daily Chart Recap From last week’s multiple tests of the parabolic curve, CL is repeating the same tests once more, with the price Read More…
