*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 8, 2022
- Technical Analysis
US Dollar Technical Analysis: Test of Support Lies Just Ahead
The DXY looks poised to decline into support in the very near future; test could have intermediate-term implications....
- November 8, 2022
- Market News
GBP/USD Surrenders 1.15 Confluence Area, Short-Term Upside Remains a Possibility
Cable enjoyed a bullish start to the week with further gins likely to depend on the US inflation print. Will we see a return of dollar bulls?...
- November 8, 2022
- Market News
Euro (EUR) Latest: Hawkish ECB Talk Boosts the Euro, EUR/USD Parity Being Tested
ECB board members have been out on the wires confirming that the central bank will continue to target inflation with higher rates for longer, and that...
- November 8, 2022
- Market News
Crude Oil Forecast: Brent Limited by China’s COVID Policies and Stronger USD
Brent crude cautiously awaits US midterm results as it trades lower after Chinese reopening concerns....
- November 8, 2022
- Technical Analysis
GBP/USD Technical Outlook: Has the British Pound Bottomed?
The British Pound’s rally against the US Dollar has slowed down recently. What does this mean for the medium-term trend and what are the signposts t...
- November 8, 2022
- Market News
Euro Holds High Ground as US Dollar Sidelined Ahead of Mid-Terms. Higher EUR/USD?
Euro, EUR/USD, US Dollar, Mid-term, Crude Oil, Gold, RBNZ, Orr – Talking Points...
- November 8, 2022
- Market News
Dollar Collapse Paused and S&P 500 Unsure as Extreme Volatility Confronts CPI Wait
Last week ended on a full-blown tumble from the US Dollar, but that unexpected plunge didn’t readily carry over to the new trading week. Systemic un...
- November 8, 2022
- Technical Analysis
Bitcoin and Ethereum Technical Outlook: Have They Run Their Course?
Bitcoin and Ethereum are testing stiff hurdles, raising the odds that the recent rally may have run its course. What is the outlook and what are the l...
- November 8, 2022
- Market News
Copper Prices May Resume Triangle Breakout as Speculators Ease Short Bets
Copper prices are slightly lower in Asia-Pacific trading, but last week’s triangle breakout may resume as speculators trim short bets. China poses t...