*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.
US Dollar Dancing on Horizontal Support ahead of Fed Decision Next Week

US Dollar Dancing on Horizontal Support ahead of Fed Decision Next Week

After a sharp drop during the first half of the month, the U.S. dollar has stalled in recent days, with prices in consolidation mode around key techni...
Read More
Japanese Yen Setups: USD/JPY Hugs Fibonacci Support, EUR/JPY Eyes Key Resistance

Japanese Yen Setups: USD/JPY Hugs Fibonacci Support, EUR/JPY Eyes Key Resistance

This article looks at key technical levels to watch on USD/JPY and EUR/JPY in the coming days for possible insight into the ongoing battle between buy...
Read More
USD/CAD Surrenders Post CPI Gains, Where to Next?

USD/CAD Surrenders Post CPI Gains, Where to Next?

Canada saw positive signs of disinflation with today’s CPI release coming in well below forecasts across the board. Is the Peak Rate in for the ...
Read More
USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Mar 27, 2023 when USD/JPY traded near 131.67.

USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Mar 27, 2023 when USD/JPY traded near 131.67.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bea...
Read More
USD/ZAR Price Forecast: Rand Lingers Ahead of CPI & SARB

USD/ZAR Price Forecast: Rand Lingers Ahead of CPI & SARB

The ZAR keenly awaits South African CPI and the SARB interest rate announcement as USD/ZAR hovers around the R18/$ mark....
Read More
Retail and Institutional Sentiment in EUR/USD and GBP/USD Diverges Further

Retail and Institutional Sentiment in EUR/USD and GBP/USD Diverges Further

Large institutional speculators have been positioned massively in favour of trend continuation, in contrast with IG client sentiment where reversal be...
Read More
Bitcoin (BTC/USD) Fades Lower as Bulls Tire, Support Coming Under Pressure

Bitcoin (BTC/USD) Fades Lower as Bulls Tire, Support Coming Under Pressure

After briefly touching $31.8k last week, Bitcoin has faded lower and may soon make a fresh attempt to break multi-week support....
Read More
Gold Price Forecast: $1980 Beckons but Are Bulls Ready to Take Control?

Gold Price Forecast: $1980 Beckons but Are Bulls Ready to Take Control?

Spot Gold is enjoying a bounce this morning but faces stern resistance at last week’s highs around the $1963 mark. Can US Retail Sales and US Ea...
Read More
AUD/USD Price Forecast: RBA Minutes Unable to Prevent Thinning Aussie Dollar

AUD/USD Price Forecast: RBA Minutes Unable to Prevent Thinning Aussie Dollar

AUD continues to bleed against the USD due to Chinese economic factors and a mixed reaction from the RBA Minutes. 0.68 next up for bears....
Read More