*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 7, 2022
- Market News
Markets Week Ahead: Dow Jones, US Dollar, NZD/USD, USD/JPY, GBP/USD, Gold, CPI, China Credit, UK GDP
US stocks surged on Friday after a mixed non-farm payrolls report, which muddied Fed rate hike bets. Rumors of a Covid policy reversal in China booste...
- November 6, 2022
- Market News
S&P 500, Nasdaq 100 Week Ahead Forecast: Inflation Could Make or Break the Market
The U.S. inflation report will be the main catalyst for stocks next week. For the S&P and Nasdaq 100 to have a meaningful chance to move higher, t...
- November 6, 2022
- Technical Analysis
US Dollar Technical Forecast: USD Fed Rally Reverses- DXY November Levels
The Fed inspired USD rally reversed on the heels of strong NFPs on Friday with DXY threatening a deeper correction. The levels that matter on the week...
- November 6, 2022
- Market News
Canadian Dollar (CAD) Forecast: Hawkish BoC and Strong Jobs Data Should Keep the Loonie on the Front Foot
Canadian dollar looks set to enjoy a bullish week thanks to a host of confluences. Will the US inflation print scupper CAD gains against the Dollar?...
- November 6, 2022
- Market News
Japanese Yen Technical Outlook: USD/JPY, CHF/JPY, AUD/JPY Charts to Watch
The Japanese Yen is trading at or near notable technical levels against the US Dollar, Swiss Franc and Australian Dollar. Here are the charts to watch...
- November 6, 2022
- Market News
Euro Weekly Forecast: EUR/USD Faces Inflation Packed Week
Teaser: EUR/USD begins the week on the front foot post-NFP but key inflation releases this week could turn the tide....
- November 6, 2022
- Technical Analysis
British Pound Technical Forecast: GBP/USD, GBP/JPY, EUR/GBP
It was a brutal week for the British Pound until a Friday pullback erased the bulk of Thursday losses in GBP/USD. GBP/JPY and EUR/GBP may have cleaner...
- November 6, 2022
- Market News
Gold Price Defends Yearly Low with US CPI on Tap
The update to the US Consumer Price Index (CPI) may prop up the price of gold as the report is anticipated to show easing price pressures....
- November 5, 2022
- Technical Analysis
Crude Oil Prices Surge as Bullish Breakout Drives WTI Back Above $90
Crude oil prices have rallied through prior psychological resistance turned support. As the short-term trend continues higher, historical technical le...