*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 18, 2022
- Technical Analysis
Canadian Dollar Short-term Outlook: USD/CAD Rally Rams into Resistance
The rally has been halted at uptrend resistance and the focus shifts to a breakout of the October range. Levels that matter on the short-term USD/CAD ...
- October 18, 2022
- Technical Analysis
Crude Oil Price Outlook May Soon Turn Bullish Again
WTI oil is pulling back into support after an extremely powerful thrust higher; this sets up the current decline as a potential pullback opportunity....
- October 18, 2022
- Market News
GBP Price Outlook: Sterling’s Recovery Falters as PM Apologizes for “Mistakes”
Cable recovers to pre-mini budget levels but longer-term bond yields still have some way to go. GBP/USD likely to oscillate as markets assess Truss’...
- October 18, 2022
- Market News
Euro Breaking News: EUR/USD Bounces as ZEW Economic Sentiment Beats Estimates, Pessimism Remains
The sentiment in the Euro Area may have improved but current conditions hint that the economic downturn is now a reality....
- October 18, 2022
- Technical Analysis
Psychological Levels & Round Numbers in Forex Trading
Key levels in forex tend to draw attention to traders in the market. Learn more about the psychological definition and how to trade it....
- October 18, 2022
- Market News
Japanese Yen Latest: USD/JPY Traders Wary of Official Intervention as 150 Nears
The Japanese Yen traded at a fresh multi-decade low against the US dollar earlier in the session, and the Finance Ministry is watching closely....
- October 18, 2022
- Technical Analysis
Gold and Silver Technical Outlook: Range at Best
Gold continues to flirt with major support. Silver has failed to break resistance. What is the outlook and what are the key levels to watch?...
- October 18, 2022
- Market News
Dollar Retreat and S&P 500 Rebound Shouldn’t Solidify Trader Confidence
The week has opened to a sharp gap higher from benchmark ‘risk’ measures like the S&P 500, but there is reason to question conviction even if ...
- October 18, 2022
- Market News
US Dollar Slides as Policy Pivots Boost British Pound and Dax 40. Higher GBP/USD?
The US Dollar ascendency paused today in the aftermath of a UK fiscal switch in policy and hopes of less aggressive tightening from the ECB and the Bo...