*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 13, 2022
- Technical Analysis
US Dollar Technical Forecast for the Week Ahead
The Dollar sell-off following Friday’s CPI number has the DXY running lower towards the 200-day MA....
- November 13, 2022
- Market News
Canadian Dollar Forecast: Outlook Hinges on Inflation Data Following USDCAD Plunge
Inflation data comes into focus for Loonie traders after a major week for USDCAD....
- November 13, 2022
- Technical Analysis
Japanese Yen Technical Outlook: Is the USD/JPY Rally Done?
A sharp slide last week has raised the odds of an interim top in USD/JPY. How could the trend play out in the short term and what are the signposts to...
- November 13, 2022
- Market News
EUR/USD Rate Eyes August High Ahead of US Retail Sales Report
EUR/USD is on track to test the August high (1.0369) ahead of the US Retail Sales report amid growing speculation for a smaller Federal Reserve rate h...
- November 13, 2022
- Technical Analysis
GBP Technical Forecast: Sterling Drivers Remain Limited Despite USD Boost
The pound may appear to have turned a corner when viewed against the dollar but wider comparisons confirm that GBP remains under pressure...
- November 13, 2022
- Market News
Gold Price Forecast: Soft US Inflation Data Has XAU/USD Eyeing Less Hawkish Fed
Gold prices rallied the most since March 2020 last week as a softer US inflation report saw traders price in a less hawkish Federal Reserve. Ahead, ey...
- November 12, 2022
- Technical Analysis
WTI Crude Oil Technical Forecast: Morning Star Candlestick Pattern Hints at Higher Prices
WTI price action not providing the clearest picture at present. Any further gains likely to be capped by double top formation....
- November 12, 2022
- Market News
US Dollar Outlook Turns Bearish as Slowing Inflation May Further Weigh on Yields
The U.S. dollar could extend its near-term correction as slowing U.S. inflation could keep Treasury yields biased to the downside as traders reprice l...
- November 12, 2022
- Technical Analysis
S&P 500, Nasdaq, Dow Jones, DAX Forecast for the Week Ahead
If stocks don’t sell-off on bad news, there’s probably something else going on. And for the Nasdaq and S&P 500, that may be a continue...