*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 17, 2022
- Technical Analysis
USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Jan 14 when USD/CHF traded near 0.91.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bea...
- November 17, 2022
- Market News
Breaking News: UK Fiscal Statement Urges Citizens to Tighten Belts, GBP Drops
The UK government announced measures to lessen the burden of soaring inflation which is to be financed via increased taxes for wealthier individuals a...
- November 17, 2022
- Market News
Euro (EUR) Latest: EUR/USD Finding Resistance Tough to Break
The final Euro Area inflation release showed headline price pressures in double-figures, albeit a fraction lower than originally forecast. EUR/USD’s...
- November 17, 2022
- Technical Analysis
The Importance of Liquidity in Forex Trading
The FX market offers more liquidity than other markets, offering traders a unique advantage....
- November 17, 2022
- Market News
Gold Remains Vulnerable Below $1800 Key Level and 200-Day MA
Spot gold’s recent rally appears to have run out of steam as markets shift between risk-on and risk-off sentiment. A test of $1800 remains a possibi...
- November 17, 2022
- Market News
Crude Oil Forecast: Letup in Geopolitics Weighs on Brent
Brent crude unmoved today but rising wedge breakout potential looms, exposing further downside....
- November 17, 2022
- Market News
Using Stop Loss Orders in Forex Trading
Market movements can be unpredictable. The stop loss can provide protection against losses....
- November 17, 2022
- Technical Analysis
DAX 40 Index Technical Outlook: Roadblock Ahead, For Now
The sharp 20% gains since October suggest that the medium-term bullish fortunes of the German DAX Index haven’t changed much despite this year’s l...
- November 17, 2022
- Market News
Euro Pauses as US Dollar Underpinned by Fed on Sturdy Data Ahead of EU CPI
The Euro made a 4-month high earlier in the week against the US Dollar on a soft US PPI, but overnight data and Fed rhetoric has seen a pause in the m...