*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.
- January 31, 2023
- Technical Analysis
Natural Gas Prices Start the Week with More Pain, Eyes on a Doji
Natural gas prices started off the week with more pain. Another Doji candlestick pattern emerged, but that is far from a technical reversal signal. Pr...
- January 31, 2023
- Market News
Nasdaq 100 Capsizes After Finally Overcoming 200-Day SMA, Beware More Volatility
The markets are closing in on systemically important event risk and traders’ compasses are starting to go haywire. Tentative breakout and trend effo...
- January 31, 2023
- Market News
Gold Price Outlook: XAU/USD Bulls Tamed by Psychological Resistance
Gold prices gapped higher on this week’s open, fueling bullish momentum. However, after retesting $1,950, prices have eased. What next for XAU/USD?...
- January 30, 2023
- Technical Analysis
Trading the Bullish Hammer Candle
A bullish hammer is a single candle pattern that hints at a turn during an established downtrend....
- January 30, 2023
- Market News
EUR/USD Tests 1.0900 – ECB Rate Decision, Inflation and Growth Data Ahead
A very busy week ahead with the latest ECB rate decision, Euro Area inflation, and growth data all hitting the screens in the next few days....
- January 30, 2023
- Technical Analysis
3 Triangle Patterns Every Forex Trader Should Know
Triangle patterns have three main variations which signal future price movements and the possible resumption of a trend....
- January 30, 2023
- Market News
USD/JPY Hovers at Key 130.00 Level as Rangebound Trade Continues
USD/JPY continues to fluctuate between gains and losses as the dollar index remains vulnerable. Will the Fed meeting inspire some renewed dollar stren...
- January 30, 2023
- Market News
GBPUSD Stuck As Both Fed, BoE Interest Rate Calls Loom
The British Pound has enjoyed plenty of interest rate support despite the shakiness of its home economy. Can it hope for more this week?...
- January 30, 2023
- Market News
What is Leverage in Forex? Forex Leverage Explained
Find out how leverage works and how to manage your risk when trading FX with leverage....