*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 11, 2022
- Market News
Dax 40 Explodes after US Inflation Shows Positive Signs of Easing
Equity futures rally after US inflation data shows positive signs of easing. With S&P 500 gaining over 4% with Dax 40 roaring past 14000....
- November 11, 2022
- Technical Analysis
GBP/USD IG Client Sentiment: Our data shows traders are now net-short GBP/USD for the first time since Oct 27, 2022 when GBP/USD traded near 1.16.
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 11, 2022
- Technical Analysis
S&P 500 Short-term Outlook: SPX500 Threatens Breakout at Monthly High
S&P 500 is poised to mark the largest single-day advance since 2020 with the index now eyeing objectives into 3900. Levels that matter on the SPX5...
- November 10, 2022
- Market News
USD Slammed, Gold and EURUSD Jump After CPI
It’s been a fast reaction to CPI data and a quick shift in sentiment as stocks are soaring and the USD is falling after inflation printed at 7.7% fo...
- November 10, 2022
- Market News
US Inflation Falls to 7.7% from 8.2%. What’s ahead for the Fed and the US Dollar?
October U.S. inflation eased to 7.7% from 8.2% in September, well below expectations, a sign that price pressures are starting to moderate a more rapi...
- November 10, 2022
- Technical Analysis
EUR/USD Technical Outlook: Bear-flag Set-up to Trigger at Some Point
The Euro is outside of the downward channel that kept it in place for much of the year, but a bear-flag is coming into view....
- November 10, 2022
- Market News
Bitcoin (BTC/USD) Drops 13% as Binance Back Out of FTX Acquisition
BTC/USD faces an unprecedented storm as crypto markets remain on edge. Further downside remains a possibility....
- November 10, 2022
- Market News
What is Leverage in Forex? Forex Leverage Explained
Find out how leverage works and how to manage your risk when trading FX with leverage....
- November 10, 2022
- Market News
British Pound Latest: GBP/USD Still Vulnerable to Swings in Sentiment
GBP/USD is trying to reclaim 1.1400 in early trade after Wednesday’s heavy sell-off saw Sterling hammered against a range of currencies....