*Disclaimer: All our blogs are resourced from another website, which Union Traders Society provided these only for reference purpose. Therefore, readers run the risk of taking something out of context.
- October 11, 2023
- Market News
Oil Price Forecast: Geopolitical Turmoil to Spur Bullish Energy Market Sentiment
The attack on Israel could exert upward pressure on oil prices in the near term, especially if conclusive evidence emerges linking Iran in any way to ...
- October 11, 2023
- Market News
S&P 500, NAS100 Continue Advance on Dovish Fed Rhetoric
Following a key bounce of support yesterday US Indices continue their resilience in the face of mounting risks. Is a new YTD high a possibility?...
- October 10, 2023
- Market News
Gold Price Update: Safe Haven Metal Pauses with Further Upside in Reach
The global shift towards safe-haven assets amid the Israel-Hamas war abruptly ended gold’s selloff. The precious metal now has $1875 in sight as fig...
- October 10, 2023
- Technical Analysis
Not Your Typical ‘Risk-off’ Environment as Equities Attempt a Recovery
Not Your Typical ‘Risk-off’ Environment as Equities Attempt a Recovery...
- October 10, 2023
- Market News
USD/ZAR Price Forecast: US Data will Test Short Term Direction
The dollar/rand is correcting its uptrend ahead of FOMC minutes and US CPI inflation data....
- October 10, 2023
- Market News
US Dollar Weakness Allows EUR/USD and GBP/USD to Rally Further
The US dollar is drifting lower for a 5th day in a row despite haven appeal prompted by the Middle East crisis. The technical outlook for the greenbac...
- October 10, 2023
- Market News
Dow, Nasdaq 100 and Nikkei 225 March Higher
Indices have extended their rebound from last week’s lows, and enjoyed a strong session on Monday. Further gains seem likely as the positive s...
- October 10, 2023
- Technical Analysis
Weakening Pound Outlook | Will the Pound Fall to 118 Against the US Dollar?
Weakening Pound Outlook | Will the Pound Fall to 118 Against the US Dollar?...
- October 10, 2023
- Technical Analysis
France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since Sep 29, 2023 when France 40 traded near 7,121.30.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-...