Introduction Crude Oil futures continue to rebound from the $55–56 support zone, with price now pressing into the mid-$60s. The bounce has been steady rather than explosive, but bullish action is clearly improving on both the daily and weekly timeframes. After months of lower highs, the bulls are attempting to find a way higher and Read More…
Introduction Miguel, a 41-year-old electrical engineer from California, has withdrawn $10,579 in just 3 days from the OneUp Trader funded trader program. This was done across 3 funded accounts using a scalping strategy on the Rithmic trader pro platform, which is free to all traders on evaluation or funded accounts. Miguel found OneUp Trader with Read More…
On Monday, the currency futures recovered as the US Dollar Index (DXY) futures fell for the second day in a row amid a weak and uncertain US trade policy. The Dollar Index (DXY) hovered near 97.50 in Asian trading after settling at 97.79 on Friday, down 0.13% on the session. The move followed a US Read More…
US interest futures show the market has absorbed the Federal Reserve’s hawkish messages but remains highly sensitive to new data. The January FOMC minutes supported the idea that rates would stay high for a long time. Policymakers voted to keep rates at 3.5%-3.75% and openly warned against easing too soon. Some members want to ease Read More…
After a sharp drop of 2-3% to the $4,850 area, gold futures have recovered losses in Wednesday’s Asian session. Buyers keep testing the $5,000 psychological level. The recent rise is likely a technical correction and a repositioning ahead of important US macroeconomic events, not the start of a new trend. Near-month futures have dropped sharply, Read More…
Introduction S&P 500 E-mini futures have pulled back from the 7,000 area after multiple tests of resistance. This was the formation of the ATH too, and now the price appears to be in a range between 6,800 and 7,000. There is some profit-taking happening which is why ES is no longer forming higher highs and Read More…
