*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 7, 2022
- Market News
Oil to Mirror August Price Action on Failure to Hold Above 50-Day SMA
The price of oil may mirror the price action from August if crude struggles to hold above the 50-Day SMA ($88.08)....
- October 7, 2022
- Market News
S&P 500, Dow and Nasdaq Under Pressure, USD Stands Tall as Sentiment Sours
Major U.S. stock indices end in negative territory as investors focus on gloomy economic outlook amid high inflation and worries about further rate hi...
- October 7, 2022
- Technical Analysis
British Pound Technical Analysis: EUR/GBP, GBP/JPY, GBP/USD Rates Outlook
The British Pound is losing momentum quickly once again....
- October 7, 2022
- Market News
Nasdaq 100 Turns Cautious Ahead of Key September NFP Report
Equities are in retreat Friday as US Treasury yields continue to push higher. NFPs eyed....
- October 7, 2022
- Market News
Euro Slumps as US Dollar Regains Momentum Ahead of NFP. Is EUR/USD in Peril?
The euro weakens sharply on Thursday, undermined by broad-based U.S. dollar bullish momentum amid rising U.S. Treasury yields ahead of the September U...
- October 7, 2022
- Market News
Dax Bounce Softens After Testing Big Resistance – US NFP’s Ahead
European equities continue to face big zones of resistance that has limited the rebound in DAX. With US NFP data on the horizon, Germany 40 still has ...
- October 7, 2022
- Market News
Will the 2022 Stock Market’s Performance Influence the US Midterm Elections?
The performance of US equity markets during a midterm election year does not appear to influence the outcome at the polls, based on data going back to...
- October 7, 2022
- Technical Analysis
Gold Price Short-term Outlook: Gold Threatens Breakout of 2022 Downtrend
Gold prices surged more than 7% off the yearly lows with XAU/USD now threatening a breakout of the yearly trend. Levels that matter on the short-term ...
- October 6, 2022
- Technical Analysis
DAX and CAC 40 Technical Outlook: Rally Viewed as Likely to Fail Soon
The German and French benchmarks are rallying off bear market lows, but once clearing rally over likely to head to fresh lows....