*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 24, 2022
- Technical Analysis
Gold Price Forecast: XAU/USD Looks Over the Ledge
Gold prices technically set a fresh two-year-low last Friday – and then printed a bullish engulf on the daily....
- October 24, 2022
- Market News
Bitcoin, Ether Outlook: BTC, ETH Indecisive Ahead of Another Big Week
Bitcoin and Ethereum are trading slightly lower as price action remains conflicted in a narrow range. Question remains, can cryptocurrency break free?...
- October 24, 2022
- Technical Analysis
US Dollar Technical Analysis for the Days Ahead
The DXY continues to look vulnerable as it rolls over, looking for follow through from Friday; levels and lines to watch....
- October 24, 2022
- Market News
FTSE 100 Outlook: UK Equities Slump Despite New PM Vote and Weaker GBP
Terrible PMI data overshadows news that Rishi Sunak could be announced as the new prime minister at 14:00 (UK time). Weaker pound fails to lift UK equ...
- October 24, 2022
- Market News
What is Earnings Season & What to Look for in Earnings Reports?
Earnings announcements are a key driver for stock prices: Learn the what and when of earnings....
- October 24, 2022
- Market News
Euro Breaking News: Lackluster Eurozone PMI Adds to the ECBs Woes
The Eurozone continued its downturn to start Q4 with the ECB facing a host of challenges. Will further hikes push the zone into a recession?...
- October 24, 2022
- Market News
UK Breaking News: Service Sector Activity & Manufacturing PMI Plummet
The flash UK PMI data confirmed a dire start to Q4, adding to the likelihood that the UK economy already finds itself in the midst of a recession....
- October 24, 2022
- Market News
Crude Oil Forecast: Brent Hurt as Global Recessionary Fears Ramp Up, USD Bid
Brent crude oil has slipped below $90 per barrel after poor PMI releases from Europe as markets keenly anticipate the U.S. print later today....
- October 24, 2022
- Technical Analysis
Hang Seng Index Technical Outlook: Downward Momentum Is Accelerating
The Hang Seng Index’s downtrend is gaining momentum. What is the outlook and what are the levels to watch?...