CL futures suffer worst day in two years Crude oil markets experienced their steepest single-day decline in nearly two years on Monday, with WTI crude plunging over 6% to settle at $67.38 per barrel. The sharp selloff came as traders unwound risk premiums built up in anticipation of potential disruptions to Iranian oil facilities, which Read More…
Bitcoin Bulls Buy Back Bitcoin has maintained its position as the leading cryptocurrency in 2024, building on the momentum generated by the historic approval of spot Bitcoin ETFs in January. The digital asset, which started the year trading around $45,000, has rallied 58% since January. Wall Street’s traditional finance giants, including BlackRock and Fidelity, have Read More…
Introduction Today, we’re excited to share the story of Furkan, a funded trader from Germany, who recently made an impressive $24,700 in withdrawals after just eight days of trading! Furkan trades a scalping strategy, which we will explore in more detail later, but for now, let’s learn more about this talented trader and his journey Read More…
Introduction Its been exactly 400 days since the the 50 simply moving average crossed back above the 200 simple moving average in a 100% rally from bottom to the top in NQ. The index has rallied hard and technicals are still pointing to higher prices as the bulls over power the bears. Technical analysis though Read More…
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…
