*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.
USD/CAD Price Forecast: Loonie Preps for Canadian & US PMI Data

USD/CAD Price Forecast: Loonie Preps for Canadian & US PMI Data

USD/CAD is roughly 0.4% higher for the day thus far ahead of Canadian and US manufacturing PMI’s respectively....
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HK/China Equities Attempt to Build Base on Stimulus Hopes; Hang Seng, CSI 300 Price Setups

HK/China Equities Attempt to Build Base on Stimulus Hopes; Hang Seng, CSI 300 Price Setups

China/Hong Kong equities appear to be in the early stages of base building amid hopes of further stimulus. What is the outlook and what are the levels...
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Japanese Yen Remains Under Pressure as USD/JPY Looks for Upside Breakout

Japanese Yen Remains Under Pressure as USD/JPY Looks for Upside Breakout

The Japanese Yen is once again under pressure from the US Dollar in the aftermath of the BoJ. USD/JPY might be readying to resume the broader upside f...
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Australian Dollar Whipsaws After RBA Pause Again on Hiking Cycle. Lower AUD/USD?

Australian Dollar Whipsaws After RBA Pause Again on Hiking Cycle. Lower AUD/USD?

The Australian Dollar eventually ran lower after the RBA decided to keep the cash rate unchanged at 4.10%. The softer than forecast quarterly CPI appe...
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British Pound Toppish Ahead of BOE: GBP/USD, GBP/AUD, GBP/NZD Price Setups

British Pound Toppish Ahead of BOE: GBP/USD, GBP/AUD, GBP/NZD Price Setups

The chances of a smaller interest rate hike at the Bank of England’s (BOE) meeting on Thursday are growing as UK price pressures appear to be finall...
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Wall Street Drifts Higher Overnight, RBA Meeting in Focus: Russell 2000, Hang Seng Index, Brent Crude

Wall Street Drifts Higher Overnight, RBA Meeting in Focus: Russell 2000, Hang Seng Index, Brent Crude

Wall Street drifts higher overnight, as sentiments remain largely on its cautiously optimistic state ahead of more big tech earnings releases and the ...
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Crude Oil Punches Higher as OPEC+ Cuts Bite and Economic Outlook Brightens

Crude Oil Punches Higher as OPEC+ Cuts Bite and Economic Outlook Brightens

Crude oil prices had a stellar month in July as underlying the dynamics of potentially less supply and more demand come to fruition. The structure of ...
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Gold Price Outlook: XAU/USD May Climb as Retail Traders Unwind Upside Bets

Gold Price Outlook: XAU/USD May Climb as Retail Traders Unwind Upside Bets

Gold prices have continued to stabilize following a string of losses from May until early July. Retail traders continue to slowly increase downside ex...
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Oil – US Crude IG Client Sentiment: Our data shows traders are now at their least net-long Oil – US Crude since Apr 13 when Oil – US Crude traded near 82.46.

Oil – US Crude IG Client Sentiment: Our data shows traders are now at their least net-long Oil – US Crude since Apr 13 when Oil – US Crude traded near 82.46.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil –...
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