*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 7, 2024
- Market News
EUR/USD Nears Resistance – Price Outlook and Sentiment Analysis
EUR/USD continues to press higher, aided in part by a weak US dollar. The pair are now closing in on a zone of resistance that may prove difficult to ...
- May 7, 2024
- Market News
British Pound Gives Back Some Gains As Market Looks To The Bank of England
UK rate-setters are expected to leave things alone this month, but perhaps not for very much longer...
- May 7, 2024
- Technical Analysis
FTSE 100 Keeps Hitting New Records, while Dow and Nasdaq 100 Continue to Gain
Indices begun the week well on Monday, and the FTSE 100 is poised to rejoin the fray at new record highs this morning....
- May 7, 2024
- Market News
Gold Boosted by Renewed US Rate Cut Hopes, Israel-Iran Ceasefire Talks Continue
Last Friday’s weaker-than-expected NFPs gave gold a boost on renewed US rate cut expectations. Further gains may depend on the outcome of ongoing Is...
- May 7, 2024
- Technical Analysis
Japanese Yen Sentiment Analysis & Market Outlook: USD/JPY, EUR/JPY, GBP/JPY
In this article, we conduct a thorough analysis of retail sentiment on the Japanese yen across three popular currency pairs: USD/JPY, EUR/JPY and GBP/...
- May 7, 2024
- Market News
US Dollar Forecast: Bears Mobilizing for Their Next Offensive? – EUR/USD, GBP/USD
This article examines the outlook for the U.S. dollar, with a specific focus on two prominent currency pairs: EUR/USD and GBP/USD. Additionally, the p...
- May 6, 2024
- Market News
Markets Week Ahead: Markets Risk-On, BoE Decision, Gold, Nasdaq, Bitcoin
Risk markets regained all their early losses this week and continue to press higher. A benign FOMC and a weak US Jobs Report boosted markets going int...
- May 5, 2024
- Market News
US Dollar Forecast: Bearish Market Signals Emerge – Setups on EUR/USD, GBP/USD
This article takes a thorough look at the fundamental and technical outlook for the U.S. dollar, analyzing potential scenarios that could manifest in ...
- May 5, 2024
- Market News
Gold Price Forecast: Bearish Correction May Extend Further Before Turnaround
This article explores the near-term fundamental and technical outlook for gold, analyzing possible scenarios taking into account current market dynami...