*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 27, 2022
- Technical Analysis
Australian Dollar Technical Forecast: AUD/USD Rally Eyes First Hurdle
Australian Dollar surged more than 5% off the yearly low with the rally threatening to test the 2022 downtrend. Levels that matter on the AUD/USD week...
- October 27, 2022
- Market News
S&P 500 Stages Big Turnaround Despite Microsoft & Alphabet Carnage, US GDP Eyed
The S&P 500 staged a remarkable comeback on Thursday, erasing steep losses from the cash open and rising slightly into positive territory amid fal...
- October 26, 2022
- Market News
Has the US Dollar Peaked? Double Top Breakdown Sinks to Support
The USD is pulling back after a double top formation triggered and started to fill-in; but whether this can be more than a pullback will likely depend...
- October 26, 2022
- Technical Analysis
Euro Short-term Technical Outlook: EUR/USD Pops Parity- ECB on Tap
Euro surged more than 5.3% off multi-decade lows with the rally breaking out of the 2022 downtrend ahead of the ECB. Levels that matter on the EUR/USD...
- October 26, 2022
- Market News
Breaking News: Bank of Canada Raises Interest Rates by 0.50%
The Bank of Canada has elected to raise interest rates by 0.50% as policymakers look to reign in above-target inflation....
- October 26, 2022
- Market News
US Dollar Rand Price Outlook: USD/ZAR Sinks After a Rejection of 18.500
USD/ZAR has fallen after USD strength faltered. With SA finance minister Enoch Godongwa presenting the medium-term budget, the minor currency pair has...
- October 26, 2022
- Technical Analysis
Crude Oil Price Outlook Turning Increasingly Bullish
WTI oil is looking more and more bullish as it undergoes what looks like a bottoming and turning process; levels and lines to watch in the days ahead....
- October 26, 2022
- Market News
Aussie Forecast: Fundamentals Suggest AUD Rise Plays into Bearish Outlook
Recent Fed speak has markets eying a ‘Fed pause’, elevating high beta assets like US equites and AUD. But weak iron ore pricing and slower RBA rat...
- October 26, 2022
- Market News
Bitcoin (BTC) Latest – Breaking Higher, A Change of Sentiment?
Bitcoin is starting to break higher and a close above $20.5k may set up the largest cryptocurrency by market cap for further gains....