Introduction Nasdaq futures have bounced 10% from their recent low after the news of a ceasefire in the Middle East. This has given the bulls a boost as price is currently trading above both the 50 and 200 moving average. There was a recent death cross where the 50 moved below the 200, but as Read More…
Introduction The dollar is still trading inside a broad range, but the recent price action is starting to lean weaker after the ceasefire in the Middle East. After pushing up toward the 100–101 area, DXY has failed to hold those gains and is now drifting back lower. This is the same zone that has acted Read More…
Introduction Crude oil has shifted quickly from a clean uptrend into a sharp corrective move, with price dropping roughly 15% following news of a ceasefire in the Middle East. The Strait of Hormuz has been open for two weeks, allowing the Oil ships to exit and enter the region. This has given some hope to Read More…
Introduction A moving average is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” caused by random price fluctuations. It is considered a trend-following, or lagging, indicator because it is based on past price data rather than predicting future movements. The two most common types of Read More…
Introduction Gold finally had a retracement since the record-breaking rally started in February of 2024. The pullback was 27% from its high in January, but the 200-day moving average held its line. A bullish candle formed on the day the price tested that moving average and bounced. The key event was the breakdown from the Read More…
Introduction For the first time, we are featuring a funded trader from Kyrgyzstan! This landlocked country in central Asia has produced a phenomenal trader who has withdrawn a total of $18,250 to date. Ilya signed up with OneUp Trader in May 2024 and has steadily developed his skills since then to become the trader he Read More…
