*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.
Dow’s Near Record Reversal Dashes Bullish Hopes Before New Growth, Financial Warnings

Dow’s Near Record Reversal Dashes Bullish Hopes Before New Growth, Financial Warnings

The bullish charge that often accompanies the open of a new quarter fell apart this past week, producing a reversal for the Dow and other risk measure...
Read More
$100 Million Stolen From Binance in Hack, Bitcoin Brushes Off the News

$100 Million Stolen From Binance in Hack, Bitcoin Brushes Off the News

Hacks and exploits in the crypto arena have been occurring with troubling frequency. Yesterday, another large theft occurred at the world’s largest ...
Read More
Australian Dollar Outlook: Dovish RBA Sinks Currency

Australian Dollar Outlook: Dovish RBA Sinks Currency

The RBA surprised markets last Tuesday when they raised the cash rate target by 25 basis points to 2.60%, less than the 50 basis points expected, send...
Read More
Gold and Silver Technical Outlook: Upside Could be Capped for Now

Gold and Silver Technical Outlook: Upside Could be Capped for Now

Gold has managed to recoup some losses following the break below major support last month. Silver continues to be in its well-established three-month ...
Read More
Oil – US Crude IG Client Sentiment: Our data shows traders are now net-short Oil – US Crude for the first time since Jul 12, 2022 when Oil – US Crude traded near 93.70.

Oil – US Crude IG Client Sentiment: Our data shows traders are now net-short Oil – US Crude for the first time since Jul 12, 2022 when Oil – US Crude traded near 93.70.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil –...
Read More
British Pound Weekly Outlook: Distressed GBP on the Backfoot Ahead of Next Week’s Key Data

British Pound Weekly Outlook: Distressed GBP on the Backfoot Ahead of Next Week’s Key Data

The longer-term downtrend looks to be resuming for GBP/USD as key UK and U.S. economic data points lie ahead next week....
Read More
Gold Performance in Midterm Election Years – There’s a Bigger Trend Elsewhere

Gold Performance in Midterm Election Years – There’s a Bigger Trend Elsewhere

Any direct connection between gold prices and midterm elections may be spurious, at best....
Read More
Unemployment Rate Dips as Job Growth Stays Solid. What Now for Stocks, Dollar?

Unemployment Rate Dips as Job Growth Stays Solid. What Now for Stocks, Dollar?

The U.S. jobs report showed that the economy added 263,000 payrolls in September, versus the 250,000 expected, a sign that the labor market remains re...
Read More
What is Leverage in Forex? Forex Leverage Explained

What is Leverage in Forex? Forex Leverage Explained

Find out how leverage works and how to manage your risk when trading FX with leverage....
Read More