Equities closed higher on Monday as investors gained confidence that the Federal Reserve will cut rates sometime this year. Moreover, better-than-expected earnings reports from US companies continued to support the market. S&P 500 (Source: Bloomberg) Since last week, equities have performed well as policymakers and economic reports point to an eventual Fed rate cut this Read More…
S&P 500 Chart Overview In this analysis, we’ll dive into the daily candlestick chart of the S&P 500 E-mini Futures, focusing on the technicals and chart patterns as ES bulls make a return. ES is up 5% since its low from April and the selling pressure appears to be weaking more and more. Price Action Read More…
Jack S, a futures trader, recently shared his experience with OneUp Trader on Trustpilot, a funded trader program. In his review, Jack highlights several key aspects that make OneUp Trader stand out from the competition. Firstly, Jack points out that the company offers a competitive pricing structure. He states that the pricing is a “REAL Read More…
Currency futures surged on Friday as the dollar plunged after a poor jobs report. The report revealed a deterioration in the labor market that led to an increase in Fed rate cut expectations. At the same time, data from the US showed a decline in service sector activity, weighing on the dollar. US employment data Read More…
Overview In this analysis, we’ll take a closer look at the CL futures chart, which displays daily price action along with several technical indicators, including a Simple Moving Average (SMA), Pivot Points (traditional, automatic setting), and the Relative Strength Index (RSI). CL Technical Analysis Trend and Price Action Prices were in an uptrend from February Read More…
Interest futures rose on Thursday as markets applauded Powell’s less hawkish tone after the FOMC policy meeting. At the same time, investors were gearing up for April’s US employment figures, which will give more direction on Fed rate cuts. Going into the FOMC meeting, there were concerns that policymakers would be more hawkish than usual. Read More…
