Introduction The Japanese Yen futures (6J) remain in a prolonged downtrend, as weakness continues amid a strengthening U.S. dollar. The yen is currently trading near the lower boundary of a support zone, as the dollar continues to rally on optimism surrounding President Trump’s economic policies. Let’s analyze the technical and fundamentals of the yen futures Read More…
Tag: futures trader
Gold Shines Brighter as Inflation Data Weighs on Yields and Dollar
Gold prices rose on Wednesday as Treasury yields and the dollar eased due to softer-than-expected inflation figures. At the same time, the yellow metal remained in demand amid uncertainty regarding the upcoming Trump administration. The dollar and Treasury yields paused their recent rally after inflation figures on Wednesday came in slightly cooler than expected. The Read More…
Equities Strain Under High Yields and Shifting Fed Outlook
Equities struggled to make gains on Monday as Treasury yields remained elevated amid a drop in Fed rate cut expectations. At the same time, investors worried about higher inflation under Trump’s administration, which could keep rates at restrictive levels. US Treasury 10-year yield (Source: Bloomberg) Last week, US economic data revealed a resilient economy with Read More…
Trading Gaps Strategies Explained
Introduction Trading gaps are a common pattern in trading and markets, but not many traders know how to trade them correctly. First, we must begin with: What causes them? What are their features? And most importantly, how can you use them to make profitable trades? In this guide, we’ll answer all of those questions and Read More…
British Pound technical analysis – January 14, 2025
Introduction The British Pound futures (6B) have been under pressure, with the price now trading within a support zone formed in October 2023. This weakness aligns mainly with the strengthening U.S. dollar, driven by optimism surrounding President Trump’s re-election and the anticipated implementation of pro-growth economic policies. Let’s analyze the technical and fundamental factors influencing Read More…
Nifty 50 daily technical analysis – January 13, 2025
The Nifty 50 Futures have been in a sustained downtrend, with bearish sentiment taking over since the to last year September. The performance metrics show a weak outlook across all timeframes, while technical levels show the possibility of further downside. Let’s break down the technicals. Performance Metrics Overview Technical analysis Price Below Moving Averages: Momentum Read More…