*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.
S&P 500 First Gap Down in 5 Days, USDJPY Longest Run in 5 Decades

S&P 500 First Gap Down in 5 Days, USDJPY Longest Run in 5 Decades

The fundamentally-light lift from the S&P 500 and other risk-leaning assets has lost traction this past session with the index’s first gap lower...
Read More
GBP/USD Technical Outlook: Dead-Cat Bounce?

GBP/USD Technical Outlook: Dead-Cat Bounce?

Is the British Pound’s rise this month a dead-cat bounce or is there more to the rally? What is the outlook and the signposts to watch?...
Read More
Japanese Yen Forecast: USD/JPY, AUD/JPY Still Attract Short Bets. More Gains Ahead?

Japanese Yen Forecast: USD/JPY, AUD/JPY Still Attract Short Bets. More Gains Ahead?

Retail traders just can’t get enough of buying up the Japanese Yen. This is despite persistent gains in USD/JPY and AUD/JPY. Is more trouble ahead f...
Read More
Gold Bends the Knee to Rising Yields and US Dollar. Will Initial Jobless Claims Spark Rebound?

Gold Bends the Knee to Rising Yields and US Dollar. Will Initial Jobless Claims Spark Rebound?

Gold prices fell on Wednesday against rising yields and US Dollar, and prices remained under pressure in Asia-Pacific trading. A weak US initial joble...
Read More
Australian Dollar Ducked After a Slight Miss on Jobs Data. Will AUD/USD Recover?

Australian Dollar Ducked After a Slight Miss on Jobs Data. Will AUD/USD Recover?

The Australian Dollar dipped after underwhelming jobs data, but it revealed a still very tight labour market. Attention now turns to CPI for RBA actio...
Read More
Oil Price Reverses Ahead of Monthly Low to Keep Bull Flag Formation Intact

Oil Price Reverses Ahead of Monthly Low to Keep Bull Flag Formation Intact

A bull-flag formation may unfold over the coming days as the price of oil appears to be reversing a head of the monthly low ($80.87)....
Read More
Japanese Yen Traders Square Up Against MoF and BoJ as USD/JPY Targets 150

Japanese Yen Traders Square Up Against MoF and BoJ as USD/JPY Targets 150

The Japanese Yen approaches a critical level against the US Dollar at the 150 mark, setting up another fight against Yen shorts and Japan’s policyma...
Read More
Gold Price to Fall Towards April 2020 Low on Failure to Defend Yearly Low

Gold Price to Fall Towards April 2020 Low on Failure to Defend Yearly Low

The price of gold may fall towards the April 2020 low ($1568) if it fails to hold above the yearly low ($1615)....
Read More
Tesla Dips on Mixed Earnings Report, S&P 500 and Nasdaq 100 on Weak Footing

Tesla Dips on Mixed Earnings Report, S&P 500 and Nasdaq 100 on Weak Footing

Tesla reported mixed third-quarter results, topping EPS expectations but missing on revenue and margin estimates, sending the company’s stocks lower...
Read More