*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.
Crude Oil Technical Outlook: Are Prices Stuck in an Extended Range?

Crude Oil Technical Outlook: Are Prices Stuck in an Extended Range?

Crude oil’s failure to break past key resistance areas raises the risk of an extended sideway range. What are the key levels to watch?...
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Euro at Crossroads as ECB Rate Hike Looms While Crude Ponders China’s Growth Outlook

Euro at Crossroads as ECB Rate Hike Looms While Crude Ponders China’s Growth Outlook

The Euro inched higher against the US Dollar in anticipation of higher European rates while China’s growth prospects have been mired by policy uncer...
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USDCNH Soars, S&P 500 Diverges from Chinese Markets, USDJPY Falls Short Again

USDCNH Soars, S&P 500 Diverges from Chinese Markets, USDJPY Falls Short Again

A fundamentally packed week has already opened to significant volatility. Yet, the activity of the S&P 500 and Dollar have bowed to the volatility...
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Copper Price Outlook: US PMI Miss, China Government Shakeup Bode Poorly for the Red Metal

Copper Price Outlook: US PMI Miss, China Government Shakeup Bode Poorly for the Red Metal

Copper prices are moving lower in Asia-Pacific trading as traders weigh contrasting economic data and a shakeup in President Xi Jinping’s newly form...
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S&P 500 and Nasdaq Composite Index Technical Outlook: A Minor Rebound?

S&P 500 and Nasdaq Composite Index Technical Outlook: A Minor Rebound?

The S&P 500 is attempting to overcome crucial resistance, a break above which could point to a minor rebound. The Nasdaq Composite Index is not to...
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Japanese Yen Subdued Against US Dollar After a Whippy Start to the Week

Japanese Yen Subdued Against US Dollar After a Whippy Start to the Week

The Japanese Yen consolidated on Tuesday after a hectic start to the week and following on from Friday where wide ranges dominated proceedings. Will t...
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Gold Price Reverses Ahead of Yearly Low to Eye 50-Day SMA

Gold Price Reverses Ahead of Yearly Low to Eye 50-Day SMA

The price of gold may attempt to test the 50-Day SMA ($1691) as it reverses ahead of the yearly low ($1615)....
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British Pound Technical Outlook: GBP/USD Eyes Ascending Triangle as Retail Traders Go Long

British Pound Technical Outlook: GBP/USD Eyes Ascending Triangle as Retail Traders Go Long

The British Pound is eyeing an Ascending Triangle chart formation, which could hint at the coming trend to come. What are key levels to watch as retai...
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EUR/GBP IG Client Sentiment: Our data shows traders are now net-short EUR/GBP for the first time since Oct 12, 2022 when EUR/GBP traded near 0.87.

EUR/GBP IG Client Sentiment: Our data shows traders are now net-short EUR/GBP for the first time since Oct 12, 2022 when EUR/GBP traded near 0.87.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bu...
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