*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.
- December 9, 2022
- Market News
A Guide to Trading Psychology
The psychology of trading is often overlooked but is a key part of a professional trader’s skillset....
- December 9, 2022
- Market News
US Dollar (DXY) Outlook – One Last US Data Drop Before CPI and FOMC Next Week
With traders already looking ahead to next week’s all-important CPI number and FOMC decision, today’s PPI and Michigan Confidence releases should ...
- December 9, 2022
- Market News
Crude Oil Forecast: Brent Overcome by Recessionary Pressures Despite Several Fundamental Tailwinds
Brent crude oil looks to further clarity around supply and demand factors while the USD looks to push higher ahead of FOMC next week....
- December 9, 2022
- Market News
EUR/USD at Key Inflection Point Ahead of US PPI Data
EUR/USD looks to break the 1.0600 level for the second time this week. A break higher does not seem sustainable given what lies ahead next week....
- December 9, 2022
- Market News
What’s the Probability of an End of Week S&P 500 or GBPUSD Break?
We are coming to the end of the week and a bookend of notable event risk stands between us and the weekend. With the S&P 500 and Dollar based majo...
- December 9, 2022
- Market News
Gold Prices and US Dollar Turn to PPI and Sentiment Data Before the Weekend
Gold prices marked time as the US Dollar and Treasury yields diverged on Thursday. Ahead, XAU/USD and DXY face US PPI and consumer sentiment data befo...
- December 9, 2022
- Technical Analysis
Copper Fresh Five-Month Highs: Rising Wedge into the 200 DMA
Copper prices are recovering from a large spill earlier this summer, with price action now encountering some longer-term items of resistance....
- December 9, 2022
- Market News
Dow, DAX 40 and FTSE 100 Show Similar Setups Before Similar Event Risk
Over a 24 hour-period next week, three of the largest central banks in the world are expected to update their monetary policy. The weight of the Fed, ...
- December 9, 2022
- Market News
Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/GBP
EUR/USD is working on a key spot of resistance ahead of a big batch of Central Bank meetings next week, but EUR/JPY may be more enticing for Euro bear...