*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 2, 2022
- Technical Analysis
S&P 500, Nasdaq, Dow Jones Ahead of the Fed
Hopes for slowing rate hikes have helped to bring a strong rally to the Dow but is the case solidified for a softer message from the Fed? We’ll ...
- November 2, 2022
- Technical Analysis
Crude Oil Price Primed for Explosive Move
WTI oil continues to get increasingly quieter and looks on the verge of breaking out; scenarios and levels to watch in the days ahead....
- November 2, 2022
- Market News
EUR/USD Outlook: 0.9850 Support Holds Firm as Markets Await Clarity
The pair has retreated further from parity to retest last week’s trendline break. Will the FOMC meeting give the pair some much needed direction?...
- November 2, 2022
- Market News
Gold Prices Hold Nascent Uptrend As Markets Look To Fed
The yellow metal has seen relentless pressure this year as interest rates have risen, but hopes for, perhaps, a pause, have lent some support....
- November 2, 2022
- Market News
The US Dollar (USD) is Primed For Action with November’s Fed Decision Imminent
This week’s big event, the latest Federal Reserve rate decision, is upon us and the US dollar is prepared for a move....
- November 2, 2022
- Market News
Crude Oil Forecast: Brent Bid on Possible Reduction in China’s COVID Policies, API & FOMC
Brent crude oil pushed higher after several fundamental catalysts provided upside support ahead of FOMC later this evening....
- November 2, 2022
- Technical Analysis
Gold and Silver Technical Outlook: Upside Could be Capped
Gold seems to have found some support for now. Silver could be heading towards the top end of its past three-month range. However, the upside in preci...
- November 2, 2022
- Technical Analysis
British Pound Outlook: GBP/USD, GBP/JPY May Fall as Retail Traders Boost Long Bets
Retail traders have recently begun increasing upside exposure in GBP/USD and GBP/JPY. From a contrarian standpoint, this could spell trouble for the B...
- November 2, 2022
- Market News
FOMC Strategy Amid a Strong S&P 500 Rebound and Buoyant Dollar
We are heading into this week’s top event risk: the FOMC rate decision. The market consensus is for a fourth consecutive, 75 basis point rate hike; ...