*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 13, 2022
- Market News
Gold Price Outlook Now Turns to CPI Data as XAU/USD Flirts With Wedge Breakout
Gold prices fell ahead of key US CPI data due later on Tuesday. XAU/USD is flirting with breaking under a bearish Rising Wedge ahead of the data. Will...
- December 13, 2022
- Technical Analysis
Japanese Yen at a Crossroads as Bearishness Fades in EUR/USD and EUR/JPY
The Japanese Yen has resumed weakening against the US Dollar and Euro this week but USD/JPY and EUR/JPY have different setups. Will JPY be undermined ...
- December 13, 2022
- Market News
VIX Surges Higher as S&P 500 Jumps In Pre-CPI and FOMC Risk Distortion
Anxiety is rippling through the markets in advance of the heavy event risk ahead. While the FOMC rate decision may be the peak event – particularly ...
- December 13, 2022
- Market News
S&P 500 Technical Analysis: Falling Wedge into CPI, FOMC
CPI releases over the past two months have been massive bullish drivers for the S&P 500 – will tomorrow be the same?...
- December 13, 2022
- Market News
Bitcoin Breakout Ahead? Crypto Traders May Want That TradFi Connection
Bitcoin – like so many other traditional assets – has worked its way into remarkably narrow trading band. If this were a market truly untethered f...
- December 13, 2022
- Market News
Silver Support Bounce into Fibonacci Resistance, Seven-Month-Highs
Silver prices just set a fresh seven month high even as Gold prices are showing tendency of a turn....
- December 13, 2022
- Market News
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar is in focus as inflation and the FOMC are in the spotlight over the next two days, and then we hear from the ECB and the Bank of England...
- December 12, 2022
- Market News
S&P 500, Nasdaq, Dow Jones Outlook: Equities Cautious Ahead of US CPI
US equity futures are struggling to break their narrow range as investors await key economic data that could drive volatility throughout the week. S&a...
- December 12, 2022
- Market News
USD/JPY Rangebound with US Data Likely to Provide Near-Term Direction
USD/JPY continues to struggle for any clear direction. US CPI data due tomorrow is likely to provide some guidance ahead of the FOMC on Wednesday....