*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 5, 2022
- Technical Analysis
S&P 500, Nasdaq 100, Dow Jones Forecast for the Week Ahead
US stocks have an important week ahead as it appears they are in need of building on last week’s late push higher....
- November 5, 2022
- Market News
Bitcoin and Ethereum Forecast for the Week Ahead
Bitcoin and Ethereum post strong sessions following NFPs. Higher prices ahead?...
- November 5, 2022
- Market News
US Dollar’s Suffers Biggest Drop 7 Years, Is That the Start of Something?
The Federal Reserve made clear its intention to keep up its inflation fight, but that drive will only last so long. The DXY Dollar Index suffered its ...
- November 5, 2022
- Market News
Australian Dollar Outlook: Wings Clipped by the RBA
The Australian Dollar lost ground after the RBA continued to tilt away from a hawkish stance and the US Dollar was underpinned by a Fed hosing down in...
- November 5, 2022
- Technical Analysis
Gold and Silver Technical Outlook: Modest Gains in the Cards?
Gold and silver appear to have found a short-term floor and could be set to rise toward the upper end of their respective ranges. What are the key lev...
- November 5, 2022
- Technical Analysis
Oil – US Crude IG Client Sentiment: Our data shows traders are now net-short Oil – US Crude for the first time since Oct 11, 2022 when Oil – US Crude traded near 87.53.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil –...
- November 5, 2022
- Market News
British Pound Forecast – GBP/USD Battling Back After a Week of Heavy Losses
GBP/USD fell by over 3 big figures on the week as a hawkish Fed and growth warnings from the BoE left cable struggling to find support....
- November 4, 2022
- Market News
USD Snaps Back on NFP After Fed-Fueled Rally: EUR/USD, GBP/USD
The US Dollar has erased the entirety of the gains from the FOMC rate decision after a not terrible NFP report. The focus shifts back to CPI for next ...
- November 4, 2022
- Technical Analysis
USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Oct 27, 2022 18:00 GMT when USD/CAD traded near 1.36.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bea...