TradeCompass: Nasdaq Price Prediction and Futures Analysis for Today (January 29, 2025) At the time of this Nasdaq futures analysis, NQ is trading at 21,559. Below is the detailed breakdown of today’s bullish and bearish scenarios for Nasdaq futures, aligned with the TradeCompass methodology. Bearish Scenario for Nasdaq Futures Today We turn bearish if the
Month: January 2025
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
The Japanese Yen is undermined by concerns about the economic fallout from Trump’s tariff. A positive risk tone also dents demand for the safe-haven JPY and lends support to USD/JPY. The USD bulls seem reluctant to place aggressive bets and opt to wait for the Fed decision. The Japanese Yen (JPY) remains on the defensive
Gold April futures contracts at MCX opened higher on Tuesday at Rs 80,355/10 gram, which is up by 0.24% or Rs 195 while silver March futures contracts were flat at Rs 90,223/kg. On Monday, gold and silver settled on a weaker note in the domestic and international markets. Gold April futures contract settled at Rs
The global financial markets are finding their footing following the turmoil triggered by yesterday’s tech-driven selloff. European stocks have moved into positive territory, while US futures signal a flat start to trading. Nvidia, which lost a staggering -17% on Monday—erasing nearly USD 600B in market capitalization—is poised for a partial rebound. Meanwhile, investors appear to
In this photo illustration the Visa, Mastercard and American Express logo on various credit cards and debit cards are seen beside US one dollar bills on January 4, 2025 in Somerset, England. Anna Barclay | Getty Images Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their
The sun is shining on Nextracker in extended trading Tuesday, as shares soared after the solar technology company reported a top and bottom line beat for its fiscal third quarter. Even better, management increased its full-year profitability outlook and reported a record backlog. Revenue in its fiscal 2025 third quarter came in at $679 million,
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
The Dow Jones eased somwhat on Friday, testing into 44,300. Despite a quiet end to the week, equities are poised for strong bullish closes. US PMI data came in more mixed than expected, to little effect. The Dow Jones Industrial Average (DJIA) churned into a soft backpedal on Friday, testing down around 200 points on a
Oil prices edged up on Friday but remained on track for a weekly decline after U.S. President Donald Trump announced sweeping plans to boost U.S. production and demanded that OPEC move to lower crude prices. Brent crude futures gained 25 cents, or 0.3%, to $78.54 a barrel by 1147 GMT while U.S. West Texas Intermediate
Euro posted notable gains today as lifted by encouraging Eurozone PMI data that suggests the region is beginning the year on firmer footing. Private sector activity showed cautious growth, with reduced drag from manufacturing and moderate expansion in services. Most surprisingly, Germany, which struggled throughout 2024, returned to expansion. Sterling also gained on better PMI
TradeCompass for Euro FX Futures (Ticker: 6E) – January 21, 2025 Current Overview:Euro FX Futures (6E) are trading at 1.0406, slightly below today’s VWAP (1.0412). This places the market in bearish territory based on the TradeCompass. Traders should monitor the outlined key levels for potential breakout or continuation trades. Key Levels to Watch for Euro
The Australian Dollar loses ground due to increased risk aversion as traders focus on Trump’s economic policies, including tariffs. The S&P/ASX 200 Index rose to nearly 8,400, reaching its highest level in six weeks. President Trump intends to instruct federal agencies to review tariff policies and assess the relationships with Canada, Mexico, and China. The
Oil prices fell on Monday as expectations of U.S. President-elect Donald Trump relaxing curbs on Russia’s energy sector in exchange for a deal to end the Ukraine war offset concern of supply disruption from harsher sanctions. Brent crude futures dropped 28 cents, or 0.35%, to $80.51 a barrel by 0739 GMT after closing down 0.62%
Dollar weakened broadly in early US session as reports from The Wall Street Journal indicated that Donald Trump, during his inauguration, will only outline his trade vision but avoid imposing new tariffs for now. While this temporarily calms market fears of immediate disruptions, the situation remains dynamic, and unexpected developments could trigger sharp reversals, especially
THe USDCHF felll sharply after yesterday’s US CPI and in the process fell below its 200 hour moving average (green line on the chart below currently at 0.9119). However, the momentum could not be sustained, and a snapback rally ensued with the price moving back to and through the 200-hour moving average and up to
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Japan’s Finance Minister Katsunobu Kato reiterated on Friday that it’s “up to the Bank of Japan (BoJ) to decide on monetary policy..” He further noted that he “expects the BoJ to conduct monetary policy appropriately to achieve the 2% inflation target.” Market reaction USD/JPY is maintaining the bounce to trade near 155.30 following these above