*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 25, 2023
- Market News
GBP/USD Price Forecast: Fleeting Pound Recovery?
GBP has been knocked back by weak UK economic data while the Fed looks to tighten its monetary policy once more. More downside to come for the pound?...
- July 25, 2023
- Market News
Australian Dollar Surges on China Stimulus Pledge; AUD/USD, EUR/AUD, GBP/AUD Price Action
The Australian dollar surged against some of its peers after Chinese authorities pledged to stimulate the economy. What is the outlook for AUD/USD, GB...
- July 25, 2023
- Technical Analysis
US Dollar 5-day Winning Streak at Risk, Will Prices Hold at February Lows?
After losses during Tuesday’s Asia-Pacific trading session, the US Dollar’s 5-day winning streak is looking vulnerable. What are key levels of sup...
- July 25, 2023
- Market News
Hang Seng Index (HSI) Climbs on Stimulus Aspirations. Will China Drive HSI Higher?
The Hang Seng Index (HSI) found firmer footing after reports emerged that Beijing is looking to bolster its economy. Meanwhile, the US Dollar eased ah...
- July 25, 2023
- Market News
Is Gold’s Rebound Over Ahead of FOMC? XAU/USD Price Setups
Gold’s rally appears to be losing steam ahead of the US Fed, the ECB, and the BOJ policy meetings. What is the outlook on XAU/USD and what are the k...
- July 25, 2023
- Technical Analysis
Euro Technical Outlook – The Pullback Continues. Will EUR/USD go Lower?
The Euro is under pressure after technical indicators turned for the single currency after making a 17-month peak at this time last week against the U...
- July 25, 2023
- Technical Analysis
Crude Oil Prices Aim for Best Month Since January 2022 as Retail Traders Turn Bearish
If momentum is sustained, WTI crude oil could be looking at its best month since January 2022. Meanwhile, retail traders are becoming more bearish. Co...
- July 25, 2023
- Market News
EUR/USD and EUR/JPY Trend Hinges on Fed, ECB and BoJ Outlook; Volatility Ahead
EUR/USD and EUR/JPY could experience increased volatility ahead of key events later this week, including monetary policy announcements from the Fed, t...
- July 25, 2023
- Market News
S&P 500, Nasdaq: Big Tech Earnings and FOMC to Dominate a Busy Week
Stocks began the week in a rather timid fashion as markets await massive event risk in the form of Fed and ECB rate decisions. US PCE to advance disin...