Equities collapsed on Monday, with the Nasdaq, S&P 500 and Dow Jones all recording significant daily losses. The decline came as risk sentiment soured due to US recession worries. Trump’s tariffs and the subsequent trade wars have sent investors scrambling for safety in other assets. S&P 500 (Source: Bloomberg) Market participants are increasingly aware that Read More…
Tag: stock market
Bitcoin Bearish Momentum Continues
Introduction Bitcoin futures have extended their decline, currently trading at 80,470. The recent sell-off has pushed BTC below both the 50-day (95,831) and 100-day (91,592) moving averages, intensifying the bearish sentiment. The market remains under pressure as risk-off sentiment weighs on crypto assets. Market Drivers & Crypto News Impacting Bitcoin 1. ETF Outflows and Institutional Read More…
U.S. Dollar Index (DXY) Plummets—Market Reacts to Trump-Zelensky Interview and Broader Fundamentals
Introduction The U.S. Dollar Index (DXY) experienced a sharp decline, dropping 3.54% to 103.76, breaking below a support zone held since November 2024. The sell-off was triggered by a combination of fundamental factors, including recent macroeconomic data, shifting Federal Reserve expectations, and a controversial interview with former President Donald Trump that may have influenced market Read More…
Gold Futures (GC) Bulls Still in Control
Introduction Gold futures (GC) continue its bullish trend in an ascending channel on the weekly chart. However, on the daily timeframe, price action is consolidating, with mixed signals on whether a breakout or pullback is more likely in the short term. Gold Fundamentals Central Bank Policies & Interest Rates Inflation & Safe-Haven Demand Weekly Chart Read More…
Pattern Recognition Trader Withdraws $10,750
Introduction Today, we’re excited to share the success story of Jay R., a funded trader from Boston, Massachusetts, who has withdrawn $10,750 through the OneUp Trader funded program. This 23-year-old trader has leveraged his exceptional pattern recognition skills to make some great withdrawals from the OneUp Trader funded trader program. Let’s dive into Jay’s trading Read More…
Euro Futures (6E) Surges as ECB Hawkish
introduction Euro FX Futures (6E) have surged lately as the Dollar strength diminishes. The recent move is supported by both technical strength and fundamental catalysts, with the euro gaining momentum against the dollar. As of today, Euro futures are trading at 1.07090, up +0.95%, showing a strong bullish breakout above the 1.06305 resistance level. The Read More…