*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.
- May 31, 2024
- Technical Analysis
Market Sentiment Analysis & Outlook: EUR/USD, USD/CAD, Dow Jones 30
This article delves into retail crowd sentiment across three pivotal markets: EUR/USD, USD/CAD, and the Dow Jones 30. Additionally, we explore potenti...
- May 30, 2024
- Market News
US Crude Oil Prices Return More Gains As Market Looks To Inventories, OPEC
Uncertainty about the path of interest rates continues to dominate a market not short of likely positives elsewhere...
- May 30, 2024
- Market News
US Dollar Index Edges Lower, US Q1 GDP Second Estimates Prints at 1.3%
The second look at US Q1 GDP showed the US economy expanding by 1.3%, inline with market expectations....
- May 30, 2024
- Technical Analysis
Dow and Nikkei 225 Hit by Selling, Nasdaq 100 Losses Contained for Now
While the Nasdaq 100’s losses have been relatively limited, both the Dow and the Nikkei 225 have suffered heavy losses....
- May 30, 2024
- Market News
Gold (XAU/USD) Eyes Support, US GDP and Core PCE on the Horizon
The recent push higher in global bond yields is weighing on the precious metal as two key US economic data releases near....
- May 30, 2024
- Technical Analysis
Japanese Yen Sentiment Analysis & Technical Outlook – USD/JPY, EUR/JPY, GBP/JPY
This article examines retail crowd sentiment on the Japanese yen via an analysis of USD/JPY, EUR/JPY, and GBP/JPY. In the piece, we also consider poss...
- May 29, 2024
- Market News
EUR/USD Latest – ECB Set to Cut Rates Next Week Despite Rising German Inflation
German inflation grew on an annualised basis, data released today showed, but the market still believes that the ECB will start cutting interest rates...
- May 29, 2024
- Market News
British Pound Edges Up Vs USD, Market Looks To US PCE Numbers As Next Big Clue
GBP/USD managed to hold up on Wednesday in Europe despite a sparse data sheet. Still, it’s looking less comfy at the highs...
- May 29, 2024
- Market News
FTSE 100, DAX 40 and S&P 500 look to be short-term under pressure
Outlook on FTSE 100, DAX 40 and S&P 500 amid ‘US rates higher for longer’ spiel....