*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 24, 2022
- Trading Education
How to Read a Candlestick Chart
Learn how to read and interpret candlestick charts for day trading, with top strategies and tips....
- November 24, 2022
- Technical Analysis
GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since Jan 14 when GBP/USD traded near 1.37.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bu...
- November 24, 2022
- Market News
S&P 500, Nasdaq 100 and Dow Jones Boosted by Weak US PMI’s
US equities have rallied after weak US PMI’s raised prospects of a softer Fed narrative. As the US prepares for Thanksgiving, thin liquidity and...
- November 23, 2022
- Market News
GBP/USD, GBP/JPY Rally to Resistance – Can Bulls Force the Breakout?
The British Pound has shown strength so far this week and both GBP/USD and GBP/JPY sit below key resistance levels with the possibility of breakout....
- November 23, 2022
- Market News
Gold’s Upside Potential Appears Limited Below $1750, FOMC Minutes Next
Spot gold’s decline has been halted by a significant support area as it consolidates ahead of a batch of US data. Will it get the dose of volatility...
- November 23, 2022
- Market News
The Federal Reserve Bank: A Forex Trader’s Guide
Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions....
- November 23, 2022
- Market News
Durable Goods Orders: What are They and How Do They Affect Financial Markets?
Durable goods orders have an important place in the context of global financial markets and can be used as a gauge of economic health that impact seve...
- November 23, 2022
- Market News
Euro (EUR) Latest: EUR/USD Treads Water Ahead of FOMC and US Data Releases
EUR/USD is trading on either side of unchanged today ahead of some important data releases and the latest FOMC minutes....
- November 23, 2022
- Market News
GBP Breaking News: UK PMI Reveals Fastest Drop in New Orders Since 2021
The flash estimate for November PMIs showed worsening new orders from abroad which added to the contraction in the manufacturing sector. GBP rises aft...