*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 15, 2022
- Market News
S&P 500 Faces Key Technical Breaks but GBPUSD, USDJPY and USDCNH the True Risk Measures
While there are key events (like Chinese 3Q GDP and earnings) and high-profile technical levels (the midpoint of the S&P 500’s post-pandemic ran...
- October 15, 2022
- Technical Analysis
Gold Technical Forecast: Can XAU/USD Bears Break Critical Support?
Gold has suffered big blows this year as USD strength continues to run. With XAU/USD testing support, do bears have what it takes to clear support at ...
- October 15, 2022
- Market News
USDCHF at Parity but for How Long?
Since August 2022 at 0.937, USDCHF has been in a bullish sequence as this was supported by the recent dollar strength....
- October 15, 2022
- Market News
British Pound (GBP) Forecast: GBP/USD Rally Stalls as Kwarteng Resigns and PM U-Turns
PM Truss replaces Chancellor of the Exchequer Kwarteng with Jeremy Hunt. Will she follow him out the door?...
- October 14, 2022
- Market News
Fedspeak Watch October 14 – Comments by Kansas City Fed President Esther George
President and CEO of the Federal Reserve Bank of Kansas City Esther George discusses the economic outlook in a virtual event organized by S&P Glob...
- October 14, 2022
- Technical Analysis
S&P 500 Short-term Technical Outlook: SPX500 Recovery Levels
The S&P 500 marked an outside-day reversal off a critical support zone- threatens a larger bear market recovery ahead. Levels that matter on the S...
- October 14, 2022
- Technical Analysis
USD/CAD Technical Outlook: Big Reversal Sets Up the Downside
Yesterday, USD/CAD posted a massive reversal day, which now puts the pressure on the downside; levels and lines to watch....
- October 14, 2022
- Market News
JPMorgan Chase Earnings Review: Pre-market Shares Jump on Q3 Revenue Beat
Revenue and net interest income growth saw the share price jump 2.7% in premarket trade....
- October 14, 2022
- Market News
British Pound (GBP): UK Chancellor Kwarteng Sacked, PM Budget U-Turn Expected
The UK Chancellor of the Exchequer, Kwasi Kwarteng, has flown back from the IMF meeting in the US and been given his cards....