*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 18, 2022
- Market News
USD Forecast: Fed Speakers Stoking Volatility While DXY Consolidates
The U.S. dollar now looks to fundamental catalysts for short-term directional bias while technical analysis points to a fading bearish move on DXY....
- November 18, 2022
- Market News
GBP/USD Latest: Sterling Resolute After Fiscal Statement, UK Retail Sales
Cable weathered a volatile session after yesterday’s UK fiscal statement and trades marginally higher after the UK retail figures. Bullish continuat...
- November 18, 2022
- Technical Analysis
Japanese Yen Technical Outlook: In Search of a Direction
Losses in USD/JPY have stalled this week. Is the short-term decline over? What are the scenarios that could play out in the short term and what are th...
- November 18, 2022
- Market News
Australian Dollar Filleted by Fed Speak as US Dollar Resumes Ascendency
The Australian Dollar came under pressure today after the US Dollar got a boost from Fed speakers reminding markets of their intentions for rates. Wil...
- November 18, 2022
- Market News
Gold and Crude Oil Prices Sink as US Dollar Rallies, WTI Triangle Breakout in Focus
Gold and crude oil prices fell on Thursday as UK fiscal tightening and US initial jobless claims data soured markets, boosting the US Dollar. What are...
- November 18, 2022
- Market News
USDJPY May Be Building Up to a Break and Fed Warnings May Decide the Direction
Congestion remains the most prevalent chart pattern, but there are still the foundations of volatility flare ups in the open market. The S&P 500 s...
- November 18, 2022
- Market News
S&P 500 Holds Support, Builds Wedge Ahead of OpEx
The S&P 500 continues to operate within prior structure and tomorrow brings monthly options expiration which can spell more volatility....
- November 18, 2022
- Market News
Bitcoin, Ethereum, Litecoin Technical Outlook: BTC, ETH, LTC Levels
Bitcoin (BTC) has been trading sideways while Ethereum temporarily dips below $1200. As Litecoin gains over 5%, last week’s brutal sell-off has ease...
- November 17, 2022
- Market News
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar is showing tendencies of a turn and hawkish Fed-speak is having a helping hand. The big question for DXY is whether EUR/USD has topped....