Introduction The Euro FX Futures (6E) has dipped slightly since the high on 17 September and our previous analysis, but zooming out, the price action is still in a relative consolidation phase. Prices are now trading below the 50-day moving average consistently for the first time since March of this year. With regards to fundamentals, Read More…
Introduction The S&P 500 E-mini Futures (ES) has moved into the support zone at $6,800, marking roughly a 3% decline since the recent ATH made on the 29th of October. There are some signs of fatigue in the price action, but nothing of major concern yet for the bulls. Let’s take a closer look at Read More…
Gold futures remain under pressure, digesting the deep pullback from record highs. The markets are preparing for the crucial US jobs data. The front-month contract for gold futures gained nearly 1% on Wednesday from yesterday’s fall of more than 1.5%. The recent swings highlight several interacting fundamental themes. The US dollar’s demand remains intact with Read More…
The US equities rally broke momentum after AI bellwether Palantir Technologies Inc. (NYSE: PLTR) revealed disappointing earnings. Market analysts hinted at high valuations likely to trigger a potential near-term correction. Meanwhile, the S&P 500 (ES) fell 1.1% amid a range-bound movement on Monday, while Nasdaq 100 (NQ) futures also witnessed a 1.4% drop as investors Read More…
Introduction The Nasdaq 100 E-mini Futures (NQ) have entered into a small consolidation after breaking above its previous ATH on Friday, the 24th of October. The previous ATH could now act as support if prices fall further, as that level also coincides with the pivot point at 25520.50. Lets take a closer look at the Read More…
Special Offer From November 3 to November 16, the OneUp Trader funded trader program is giving you even more reason to start an evaluation! Pass any of the evaluations, standard or express, and you’ll receive 20% OFF the activation fee! This offer applies to all traders who both start and reset their evaluations during the Read More…
