*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.
- October 28, 2022
- Market News
US Dollar Gains Despite Lower Yields ahead of Core PCE Data. What Now for DXY?
The U.S. dollar rallies despite falling yields ahead of September core PCE data on Friday. The latest report may offer important insight and clues on ...
- October 28, 2022
- Market News
UK 100 Outlook: FTSE Recovery Provides a Glimmer of Hope to Bulls
The FTSE 100 has managed to maintain bullish momentum, driving prices back above psychological resistance at 7000. With resistance still holding firm,...
- October 28, 2022
- Market News
S&P 500 Consolidates Ahead of Major Event Risk
The S&P 500 takes a breather ahead of key corporate earnings and PCE data....
- October 28, 2022
- Market News
Why Do Stocks Suffer When Interest Rates Rise?
Higher US Treasury yields have coincided with declines by US stock markets....
- October 28, 2022
- Technical Analysis
USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Sep 13, 2022 when USD/CAD traded near 1.32.
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...
- October 28, 2022
- Technical Analysis
Gold Price Short-term Outlook: Gold Rally Tests Key Pivot Zone
A defense of the yearly low takes Gold prices back towards a key pivot zone- battle lines drawn. The levels that matter on the XAU/USD short-term tech...
- October 27, 2022
- Market News
ETH/USD Outlook: Ethereum Prices Slip After Double Digit Gains
Ethereum prices have risen approximately 14% this week, driving prices to a firm barrier of technical resistance. Can ETH/USD bulls continue to drive ...
- October 27, 2022
- Market News
EUR/USD Pulls Back, DAX Pushes Breakout After ECB’s 75 bp Hike
The ECB hiked rates by 75 basis points this morning and that brought a pullback to EUR/USD’s bullish push, but also set up a breakout in the DAX fro...
- October 27, 2022
- Technical Analysis
S&P 500, Dow Jones, Nasdaq 100 Technical Outlook for the Days Ahead
Stocks have rallied significantly but on the verge of a pullback; outlook near-term bearish but still more upside looks like could be in store after....