*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.
Euro Price Action Update: EUR/USD at the Beginning of a Broader Bearish Reversal?

Euro Price Action Update: EUR/USD at the Beginning of a Broader Bearish Reversal?

The Euro closed at its lowest against the US Dollar since early July, with EUR/USD breaking under the 100-day Moving Average. Is this the beginning of...
Read More
Crude Oil Price Outlook: Bearish Engulfing Confirmed, Retail Bets Start Shifting Balance

Crude Oil Price Outlook: Bearish Engulfing Confirmed, Retail Bets Start Shifting Balance

Crude oil prices have weakened over the past couple of trading days, pushing retail traders to become slightly more bullish. Meanwhile, a Bearish Engu...
Read More
Japanese Yen (JPY) Clobbered To New ’23 Lows; Skirts ‘Intervention Zone’

Japanese Yen (JPY) Clobbered To New ’23 Lows; Skirts ‘Intervention Zone’

The Japanese Yen has weakened on a combination of domestic and global factors, to the point where the BoJ has intervened in the past...
Read More
S&P 500, Nasdaq Update: US Stocks Resilient Despite Tesla’s China Woes

S&P 500, Nasdaq Update: US Stocks Resilient Despite Tesla’s China Woes

US stocks edge higher despite a number of headwinds: higher 10-year yields, US dollar and news of Tesla’s discounted offering in China seeing the st...
Read More
Chinese Real Estate Sector in Focus Driving Risk Off Sentiment

Chinese Real Estate Sector in Focus Driving Risk Off Sentiment

News overnight about a possible default by the largest private property developer in China has raised concerns of a possible contagion. As a result ri...
Read More
EUR/GBP, GBP/USD Remain Rangebound as GBP Faces a Defining Week

EUR/GBP, GBP/USD Remain Rangebound as GBP Faces a Defining Week

The Pound heads into the new week having seen consolidation for the majority of August. Inflation and employment data lie ahead and could give the GBP...
Read More
Gold (XAU/USD) Slipping into Multi-Week Support, Volatility Remains Low

Gold (XAU/USD) Slipping into Multi-Week Support, Volatility Remains Low

Gold is struggling to hold a zone of support and if this is broken the precious metal could see further short-term losses...
Read More
FTSE 100 Hit by Selling, but Dax and Nasdaq 100 Show Signs of Stabilising

FTSE 100 Hit by Selling, but Dax and Nasdaq 100 Show Signs of Stabilising

In London the FTSE 100 has struggled in early trading, but elsewhere indices have seen some early buying after recent losses....
Read More
EUR/USD Eyes Short-Term Retracement as DXY Runs Into Confluence Area

EUR/USD Eyes Short-Term Retracement as DXY Runs Into Confluence Area

EUR/USD struggled at the back end of last week and that bled over into the Asian session. However, following the European open a short-term retracemen...
Read More