Introduction Technicals on the Euro have once again shown that the range the price has been stuck in is a very difficult one to break. 6E futures have painted 16 red sessions in the past 18 as the Dollar staged a comeback. Some investment banks are becoming bearish on the Euro as Donald Trump leads Read More…
Equities ended in the red on Monday as Treasury yields rose, reflecting a decline in Fed rate cut expectations. Experts observed that market participants were likely taking profits before a week full of earnings reports from major companies such as Tesla and Coca-Cola. US Treasury yields hit a 12-week high on Monday, signaling growing expectations Read More…
Introduction Hey traders, We’ve got some exciting news to share with you today! We’re always looking for ways to improve our funded trader program and make your experience a high-quality one, and we think this latest update will do just that. We have reduced the required trading days from 15 to only 10 to get Read More…
Introduction Price Action Overview (Past Four Weeks) Over the past few weeks, we see a strong uptrend with price action making higher highs and higher lows. This follows the standard theme this year for gold futures. The price is currently approaching the R1 pivot resistance level (2744.5), which could act as a short-term ceiling. This Read More…
Breakdown of the Setup: The price action shows a clear ascending triangle formation, with multiple tests of resistance at 5,725.75, creating a natural tension between buyers and sellers. The recent breakout above this level confirms the pattern’s completion, and we’re already seeing follow-through. The measured move from the breakout gives us an upside target near Read More…
Equities ended higher on Monday as technology stocks rallied despite thin holiday trading. Risk sentiment improved on Friday after major banks reported positive earnings. Meanwhile, market participants are preparing for the crucial US retail sales report later this week. S&P 500 earnings estimates (Source: Bloomberg Intelligence) Despite poor estimates, the stock market rose as the Read More…
