Gold prices closed in the green on Tuesday as renewed hopes of ceasefire talks between Iran and the US weighed on the dollar. At the same time, prices found support amid an increase in Fed rate cut expectations. Talks between the US and Iran and the subsequent ceasefire last week have propelled gold prices higher. Read More…
Introduction ES has now completed an extreme V-shaped reversal, rallying aggressively from the ~6,300 lows back above 7,000 in a very short period of time. This has happened with help from the weakness recently seen in the Dollar. Earlier in the year, when the conflict began in the Middle East, the Dollar was seeing a Read More…
Introduction The dollar has transitioned out of its prior uptrend and is now trading inside a well-defined range, roughly between 96.20 and 102.00. The strength we saw earlier in the year was driven by the conflicts in the Middle East. Now that Donald Trump continues to show how unreliable he is, the market is losing Read More…
Equities edged lower on Monday as market participants worried about failing US-Iran talks. However, there was less panic in the markets after Trump urged the blockage of the Strait of Hormuz. At the same time, analysts are forecasting a solid US earnings season that will likely boost equities. Developments in the US-Iran war continued shaping Read More…
Currency futures ended strongly on Friday after an optimistic week with the US and Iran striking a ceasefire deal. However, there was panic on Sunday after talks between the two countries failed. Still, optimism from the previous week returned on Monday as market participants watched for further developments. Last week, the US dollar plunged as Read More…
Introduction Let us be real, sometimes trading a funded account can feel unforgiving. You put in the work, pass the evaluation, and finally get funded. Then one small mistake and just like that, the account is gone. No warning, just instant account termination. It doesn’t have to be that way. And at OneUp Trader, it Read More…
