*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 23, 2022
- Market News
Gold Prices Eye US PMI, Jobless Claims Data as FOMC Members Go Dark
Gold prices fell last week as Treasury yields rose amid hawkish Fedspeak. With a FOMC blackout period among us, traders’ focus turns to economic dat...
- October 23, 2022
- Technical Analysis
Sterling Technical Forecast: Directionless GBP Likely to Remain Volatile
A distinct lack of direction in GBP/USD opens up range trading possibilities. Recent volatility has opened up the pair to extreme price swings, compli...
- October 22, 2022
- Market News
Crude Oil Technical Forecast: Breakout on the Cards?
An ascending triangle continues to form on the WTI chart, could a breakout materialize in the near future?...
- October 22, 2022
- Technical Analysis
S&P 500, Nasdaq 100, Dow Jones Forecast Looking Bullish
Heading into a new week of trade the stock market looks poised to build further on last week’s gains; levels and scenarios to watch....
- October 22, 2022
- Market News
BTC/USD Price Outlook: USD Strength & Rising Yields Hold Bitcoin Back
In an environment where persistent inflation, hawkish central banks and economic uncertainty continue to drive sentiment, cryptocurrency and stocks re...
- October 22, 2022
- Market News
Volatility Ahead with USDJPY Intervention, US GDP for S&P 500, ECB Rate Decision for EURUSD
A listless week punctuated by an opportunistic and desperate intervention by the Bank of Japan will transition into a heavier bout of trading conditio...
- October 22, 2022
- Technical Analysis
EUR/USD Technical Outlook: Big Picture Remains Weak
EUR/USD has struggled to extend gains in recent weeks, raising the risk of a dead-cat bounce. What is the outlook and the key levels to watch?...
- October 22, 2022
- Market News
Australian Dollar Outlook: Crucial CPI Data May Prompt RBA Action
The Australian Dollar has been chopped up of late as the global macro environment has created a high degree of uncertainty, but domestic CPI will be t...
- October 22, 2022
- Technical Analysis
Gold and Silver Technical Forecast: Technicals Hint at Potential Upside but Dollar Strength May Cap Gains
The precious metal and silver came within a whisker of the YTD low before rallying higher. Have we bottomed out already?...