*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.
- September 27, 2022
- Market News
Dow Jones Sinks after Sterling Hit Record Low, KOSPI and Hang Seng Index at Risk Ahead
Dow Jones futures slumped as Sterling’s record low further boosted global monetary tightening expectations. The KOSPI and Hang Seng indices are at r...
- September 27, 2022
- Market News
EUR/USD to Face Record High Reading for Euro Area CPI
Fresh data prints coming out of the Euro Area may curb the recent decline in EUR/USD as inflation is expected to hit a record high....
- September 27, 2022
- Market News
Chinese Yuan Faces Another Big Test as US Dollar Surge Goes Unchecked
The Chinese Yuan faces another big technical test as the US Dollar continues to cause havoc across the FX space. China’s industrial profits are in f...
- September 27, 2022
- Market News
AUD/USD Selloff Pushes RSI Into Oversold Territory
AUD/USD may attempt to test the May 2020 low (0.6373) as the Relative Strength Index (RSI) pushes into oversold territory....
- September 27, 2022
- Market News
S&P 500, Nasdaq 100 and Dow Fall Amid Soaring US Treasury Yields
U.S. equity indices continued to drop as tightening financial conditions around the world fueled concerns about a global recession. US yields and the ...
- September 27, 2022
- Market News
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
There’s panic in both FX and bond markets but stocks are holding key supports. One of these themes is likely off sides and this week may just start ...
- September 27, 2022
- Market News
EUR/USD at Multi-Decade Lows Amid Broad USD Momentum, Sterling Crisis Weighs
EUR/USD falls to its lowest levels in more than two decades, dragged down by the dollar’s relentless strength and negative market sentiment....
- September 27, 2022
- Market News
S&P 500 Chops Around Following Volatile Overnight Session
US equity markets are choppy on Monday as traders digest cross asset volatility....
- September 26, 2022
- Market News
Gold Price Forecast: Gold Breaks Double Top – Can XAU Bears Run?
Panic has started to show in global markets after last week’s FOMC rate decision and gold price action has went from bad to worse for gold bulls....