*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 9, 2022
- Technical Analysis
Crude Oil Price Forecast: Triangle Breakout Failing – What’s Next?
Crude oil prices briefly broke out of their consolidation before returning today....
- November 9, 2022
- Market News
Dow Jones (DJI) Soars, FTSE Indecisive while US Stocks Head Higher
US equities have continued to rise while FTSE lags. As the Dow Jones soars towards its highest level since 26 August. With midterms underway, can the ...
- November 9, 2022
- Market News
Binance Agrees to Acquire FTX, Bailing Out its Rival to Plug a Liquidity Hole
Cryptocurrency exchange Binance has signed a letter of intent to acquire rival FTX in an effort to help plug a liquidity hole...
- November 9, 2022
- Market News
Nasdaq 100 Pushes Higher as US Markets Prepare for October CPI Data
The Nasdaq 100 index extended its recent advance beyond 11000 as traders look to major event risk later this week....
- November 9, 2022
- Technical Analysis
Gold Price Forecast: Gold Reversal Attempts Breakout of 2022 Downtrend
Gold is attempting to breakout of the yearly downtrend with XAU/USD rallying nearly 2% this week. Battle lines drawn- levels that matter on the weekly...
- November 8, 2022
- Market News
South African Rand Dollar Outlook: USD/ZAR Recovers from Recent Slump
USD/ZAR has recovered from the recent slump as US Dollar weakness subsides. With emerging market currencies vulnerable to a strong greenback, technica...
- November 8, 2022
- Market News
Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD
USD/CAD is testing a key spot of support as EUR/CAD attempts to set up a reversal....
- November 8, 2022
- Market News
S&P 500 Price Update: US Equities Appear Upbeat Ahead of Major Event Risk
Risk appetite has risen in recent days upon hopes of China easing up on its zero Covid strategy. But, inflation and the economy remain the chief conce...
- November 8, 2022
- Market News
Bitcoin (BTC) Slumps as FTX and Binance Spat Hits Market Sentiment
Bitcoin lost around 5% overnight as a flare-up of hostilities between crypto giants FTX and Binance hammered market sentiment....