*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.
- July 1, 2024
- Market News
Euro and CAC 40 Rally After the First Round of French Elections
The right-wing National Rally (RN) party won the first round of the French parliamentary elections on Sunday but look set to fall short of the 289 sea...
- July 1, 2024
- Technical Analysis
Japanese Yen Q3 Technical Outlook: Bulls Ease off as Risk of a Sharp, Sudden Bearish Reversal Build
The yen depreciated notably in Q2 despite direct FX intervention from Japanese officials to strengthen the currency. At the start of Q3, upside risks ...
- June 30, 2024
- Market News
Australian Dollar Q3 Fundamental Forecast: Mixed AUD Outlook as China’s Growth Concerns Clash with Resurgent Aussie Price Pressures
The negative knock-on effects from China’s economic frailties are likely to be pushed Aside After Aussie inflation Demanded a hawkish Response f...
- June 30, 2024
- Technical Analysis
Gold, Silver Q3 Technical Forecast: Gold’s Range intact, Longer-Term Silver Uptrend Under Threat
Gold’s trading range and silver’s long-term uptrend offer differing outlooks for Q3 but the potential for both to consolidate and trade in...
- June 30, 2024
- Market News
Bitcoin Q3 Fundamental Outlook – Short-Term Muddled, Longer-Term Positive
Bitcoin’s bullish momentum spluttered in Q2 as spot ETF buying was outpaced by cash sellers. However, Q3 could facilitate a bullish continuation...
- June 30, 2024
- Technical Analysis
Crude Oil Q3 Technical Forecast: Narrowing Price Action May Keep Oil Within a Tighter Range in Q3
Narrowing price action and a real reluctance to breakout in Q2 sets the tone ahead of the third quarter. Brent crude and WTI levels to note...
- June 29, 2024
- Market News
Equities Q3 Fundamental Outlook: Bullish Momentum to Slow
The outlook for US indices is still bullish, but headwinds like stubborn inflation data, inflation expectations, a less inclusive rally, and a seasona...
- June 29, 2024
- Technical Analysis
British Pound Q3 Technical Forecast: GBP/USD Eyes Q2 Range Support, EUR/GBP Vulnerable
Pound Sterling to start Q3 on the backfoot after the Bank of England put the August Meeting on the Radar for a Potential Cut. GBP emanates vulnerabili...
- June 29, 2024
- Market News
US Dollar Q3 Fundamental Outlook: US Dollar to Soften as Fundamental Outlook Eases
US inflation cooled in Q2 as did economic growth, opening the door to a rate cut later this year. US yields have likely peaked, leaving the dollar vul...