*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.
- August 17, 2023
- Market News
USD/JPY, EUR/JPY Update: A Temporary Pause Before Bullish Continuation?
The Yen continues to struggle with the FOMC minutes leaning on the hawkish side. USD/JPY and EUR/JPY bulls remain firmly in control despite the potent...
- August 17, 2023
- Market News
Nasdaq 100, Dow and Nikkei 225 hit one-month low as China worries intensify
Indices have seen further selling, with no end to the pullback yet in sight. ...
- August 17, 2023
- Market News
XAU/USD Forecast: Real Yields Continue to Suppress Gold Prices
Gold prices look to recover after the recent sharp selloff but will need real yields to provide some assistance by pushing lower....
- August 17, 2023
- Market News
HK/China Equities Test the Line in the Sand; Hang Seng, CSI 300 Price Setups
China/Hong Kong equities are testing crucial support areas that could define the trend for the next few weeks, possibly months. What is the outlook an...
- August 17, 2023
- Market News
Euro Vulnerable Against a Runaway US Dollar with Treasury Yields Jumping
The Euro succumbed to US Dollar ascendency along with many other currency pairs and the dynamics coming out of China might have more legs yet. Will EU...
- August 17, 2023
- Market News
Hawkish Tilt in Fed Minutes, While Trade Data in Asia Weakened: Gold, USD/SGD, US Dollar
It was another down day in Wall Street, as statements from the FOMC minutes did not reflect the level of unity among policymakers to pause rates as wh...
- August 17, 2023
- Market News
Australian Dollar Falls After Jobs Data Miss; How Much More Downside for AUD/USD?
AUD/USD fell after the Australian economy created fewer-than-expected jobs last month. To what extent could AUD/USD fall and what are the key levels t...
- August 17, 2023
- Technical Analysis
US Dollar and S&P 500 at Critical Trendlines, Will Breakouts Spell Continuation?
The US Dollar has weakened to a key falling trendline while the S&P 500 has fallen to rising support. Will these hold or will breakouts spell the ...
- August 17, 2023
- Technical Analysis
Canadian Dollar Outlook: USD/CAD May Extend Breakout Amid Bearish Retail Traders
The Canadian Dollar weakened to its lowest point against the US Dollar since late May. Retail traders are now increasingly net-short USD/CAD, offering...