*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 11, 2022
- Market News
USD/JPY Battles a Fresh 24-Year High as the Japanese Yen Continues to Slump
The Japanese Yen is pressing against an important 24-year resistance level against the US dollar, a level that last saw the BoJ in action. Will the Ja...
- October 11, 2022
- Technical Analysis
S&P 500 and NASDAQ COMPOSITE INDEX Technical Outlook: Looking Vulnerable
The S&P 500 Index and the Nasdaq Composite Index are looking vulnerable as they test crucial support. What is the outlook and what are the levels ...
- October 11, 2022
- Market News
British Pound Breaking News: UK Unemployment Hits Levels Last Seen in 1974, GBP Undeterred
UK labor market surprises to the upside but the UK bond market selloff remains the focus for pound as GBP slides against the USD....
- October 11, 2022
- Technical Analysis
KOSPI and NIFTY 50 Technical Outlook: Drifting Lower
The KOSPI index has fallen below key support. Meanwhile, the NIFTY 50’s uptrend since June appears to be running out of steam. What is the outlook a...
- October 11, 2022
- Market News
Crude Oil Prices Look Past Russia-Ukraine Tensions as WTI Awaits US Inflation Report
Crude oil prices fell on Monday despite Russia-Ukraine tensions escalating. Geopolitics remains a wildcard as WTI awaits Thursday’s US inflation rep...
- October 11, 2022
- Market News
Gold Price Weakness to Persist on Failure to Defend Monthly Opening Range
The price of gold may face a further decline over the coming days if it fails to defend the opening range for October....
- October 11, 2022
- Market News
AUD/USD Breaks Lower as Global Sentiment Deteriorates on Geopolitical Tensions
Asia-Pacific markets look ready to extend an overnight slide on Wall Street as market sentiment degraded amid rising geopolitical tensions....
- October 11, 2022
- Market News
USD/JPY Rises for Fourth Day to Push RSI Towards Oversold Territory
A move above 70 in the Relative Strength Index (RSI) is likely to be accompanied by a further appreciation in USD/JPY like the price action from last ...
- October 11, 2022
- Market News
Nasdaq 100, S&P 500 and Dow Under Pressure Amid Fragile Sentiment
Major U.S. stock indices end in negative territory as investors weigh gloomy economic outlook ahead of an important risk event later in the week....