*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 29, 2024
- Market News
Market Latest – Nvidia (NVDA) Surge Helps the Nasdaq 100 Post a Fresh Record High
AI mega-stock Nvidia leapt by 7% in US trade, helping push the Nasdaq 100 to a fresh record closing high. The US dollar remains subdued ahead of Frida...
- May 29, 2024
- Technical Analysis
Technical Analysis: EUR/USD and GBP/USD Rejected at Resistance. What Now?
This article provides a detailed analysis of the technical outlook for EUR/USD and GBP/USD, focusing on price action and market sentiment to project t...
- May 29, 2024
- Technical Analysis
British Pound Sentiment Analysis and Outlook: GBP/USD, EUR/GBP, GBP/JPY
In this article, we examine market sentiment on the British pound through a detailed analysis of GBP/USD, EUR/GBP, and GBP/JPY. We also assess potenti...
- May 28, 2024
- Market News
Gold Consolidates, Silver Continues to Outperform, US Inflation Data Key
Gold and silver are both treading water at the start of a holiday-shortened week with Friday’s US inflation report (PCE) the key economic release of...
- May 28, 2024
- Market News
Australian Dollar Holds Up Against USD Despite Tepid Retail Sales Data
The Aussie benefitted from a broadly weaker Dollar after the US Holiday which let it gains despite a data miss...
- May 28, 2024
- Market News
Japanese Yen Latest Forecasts – USD/JPY, GBP/JPY and EUR/JPY
USD/JPY has slipped back below 157.00, while GBP/JPY is touching the 200 level again, as the US dollar and Sterling take different paths...
- May 28, 2024
- Technical Analysis
Dax and Nasdaq 100 target previous highs, while Dow consolidates
While the Dax and Nasdaq 100 are back on course to test previous highs, the Dow is still stabilising after the sharp drop it suffered last week....
- May 27, 2024
- Market News
Markets Week Ahead: Gold, EUR/USD, GBP/USD, USD/JPY; Eurozone Inflation, US Core PCE
The new week will kick off in a calmly and quiet manner, with US and UK markets closed on Monday. The economic calendar, however, will heat up heading...
- May 25, 2024
- Market News
Gold Price Forecast: Bearish Bias in Place for Now but Core PCE Data Holds Key
This article delves into the fundamental and technical outlook for gold, with a specific focus on analyzing price action dynamics and potential scenar...