Gold prices retreated on Wednesday as investors booked profits ahead of the FOMC policy meeting. The decline also came as the dollar strengthened briefly after upbeat retail sales data in the previous session. However, Fed rate cut expectations remained elevated. Gold has rallied to all-time highs in September amid an increase in expectations for lower Read More…
Tag: futures trading
Gold Futures (GC): Rally Stretches Higher but RSI Warns of Fatigue
Introduction Gold has extended its rally, clearing previous resistance levels decisively. However, while the trend remains bullish, momentum indicators are starting to flash potential caution signals. The market is entering a zone where prior rallies have faced profit-taking, making this a key zone to watch. Technical Update Key Levels Level Type Note 3,715 Resistance Latest Read More…
How Ishaam Turned 6 Years of Trading Experience Into $30K in Withdrawals
Introduction From Cape Town, South Africa, network engineer–turned–trader Ishaam H. has built an impressive track record since joining the OneUp Trader funded trader program in 2021. Over the past four years, he has received 18 funded accounts, and his total withdrawals amount to over $30,226. What makes his story unique? Instead of chasing massive payouts, Read More…
Celebrating 2,000 Trustpilot Reviews at OneUp Trader!
Introduction We are thrilled to announce another huge milestone for OneUp Trader: we’ve officially reached 2,000 Trustpilot reviews! This achievement wouldn’t have been possible without the incredible community of traders who continue to trust us and share their passion for becoming successful in the markets. Every review tells a story and shows the prop trading Read More…
British Pound Futures (6B): Building Momentum, Eyeing Higher Levels
Introduction 6B is moving higher after a summer consolidation phase, with buyers stepping back in above moving average support. The chart shows a renewal of bullish momentum, and it’s turning more positive as sterling eyes the next resistance zone. Let’s take a deeper look at the technicals and what they are telling us. Technical Update Read More…
Currency Futures Rise as Dollar Softens Ahead of Fed
Currency futures gained on Monday as the dollar weakened ahead of an expected Fed rate cut this week. At the same time, market participants were looking forward to central bank meetings in Japan, Canada, and the UK. US core CPI (Source: Bureau of Labor Statistics) The greenback fluctuated last week amid mixed economic signals. However, Read More…