*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.
- November 29, 2022
- Market News
US Dollar Soars as Dow Jones Sinks on Hawkish Fed Comments. DXY Ready to Reverse?
The US Dollar soared as the Dow Jones sank on Monday after Chinese lockdown protests and hawkish Fedspeak spooked traders. Is the DXY Dollar Index rea...
- November 29, 2022
- Market News
Gold Bulls May Want to Watch US Rate Forecasts, Silver Traders Follow Gold
Gold dropped to open the week – again reflecting the opposite performance of the US Dollar. If the strength of the fiat is stirred by Fed signaling ...
- November 29, 2022
- Market News
S&P, Nasdaq, Dow Jones Tighten Ahead of a Busy Economic Calendar
This week brings a heavy platter of event risk and equities started the week by consolidating deeper into recent ranges....
- November 29, 2022
- Market News
DAX 40, FTSE 100, Dow Jones (DJI) Weighed Down by Risk Aversion
Major stock indices are off to a rocky start as risk assets remain vulnerable to changes in sentiment. DAX, FTSE and DJI face big event risks as headw...
- November 29, 2022
- Market News
Can Germany’s Inflation Slow Down DAX’s Recovery?
The DAX has been in the midst of a strong bullish run, but can buyers continue the move through German inflation data?...
- November 28, 2022
- Market News
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar has opened the week with a support test, and EUR/USD has pulled back before a test of the 1.0500 level. GBP/USD is showing a rising wedg...
- November 28, 2022
- Market News
Dollar Yen Outlook: USD/JPY Trades Lower as Dollar Gives Back Gains
USD/JPY has fallen as China protestors drove demand for safe-haven assets. However, with Dollar strength losing traction, the Japanese Yen has gained....
- November 28, 2022
- Technical Analysis
Technical vs Fundamental Analysis in Forex
Is fundamental or technical analysis best for trading? Learn the differences between the two....
- November 28, 2022
- Market News
British Pound Latest – GBP/USD Treads Water as US Data Deluge Nears
GBP/USD is trading on either side of 1.2100 to start the week with the pair’s next move likely to be dictated by this week’s heavyweight US data r...