*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
EUR/USD and EUR/GBP Technical Outlook: Time for a Pause?
EUR/USD’s slide could pause for now. EUR/GBP appears to be well-established in its multi-month sideway channel. What is the outlook and the key leve...
- October 18, 2022
- Market News
Natural Gas Forecast: EU Storage Progress, Warm Weather Deal Blows to US, EU Prices
Natural gas prices fell sharply in the United States and Europe on Monday as warm weather, improving stockpiles, and proposed action by the EU dragged...
- October 18, 2022
- Market News
New Zealand Dollar Elevated by Rate Hike Risk. Will NZD/USD Rally Continue?
The New Zealand Dollar continued to firm after a scorching third-quarter CPI number saw expectations of the RBNZ lifting rates higher for longer. Wher...
- October 18, 2022
- Market News
USD/JPY Rally Pushes RSI Into Overbought Territory
USD/JPY may continue to appreciate over the coming days as the Relative Strength Index (RSI) climbs back into overbought territory....
- October 18, 2022
- Market News
Dow Jones Soars, Bank of America Undermines Recession Woes. ASX 200 May Rise
Dow Jones futures soared as Bank of America earnings undermined US recession fears, boosting risk appetite. Australia’s ASX 200 could be looking for...
- October 18, 2022
- Market News
AUD/USD Rises From Oversold Levels Ahead of RBA Minutes
The risk-sensitive Australian Dollar is trading higher ahead of the RBA’s policy minutes, which may set the tone for AUD/USD over the next 24 hours....
- October 18, 2022
- Market News
Canadian Dollar Vulnerable to Another Slowdown in Canada CPI
The update to Canada’s Consumer Price Index (CPI) may keep USD/CAD afloat as inflation is expected to slow for the third consecutive month....
- October 18, 2022
- Market News
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update
Rates markets see greater than a 100% chance of a 75-bps rate hike in November....
- October 18, 2022
- Market News
S&P 500, Nasdaq 100 Soar Ahead of Netflix Earnings. What Should Traders Expect?
US stocks rallied on Monday as good quarterly results from banks helped offset extreme pessimism about the outlook. Netflix’s earnings on Tuesday co...