*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.
- April 5, 2024
- Market News
EUR/USD and Oil – Awaiting Fibonacci Resistance Breakout for Bullish Continuation
This article explores breakout strategies with insights into two potential trade setups on EUR/USD and crude oil prices. In the piece, we also examine...
- April 5, 2024
- Market News
Trading EUR/USD, USD/JPY, and GBP/USD: Strategies for the Most Liquid FX Pairs
EUR/USD, USD/JPY, and GBP/USD are among the most heavily traded currency pairs in the forex market. Each pair boasts unique characteristics and dynami...
- April 5, 2024
- Market News
US Jobs Report Preview: Market Impact Analysis; Setups on USD/JPY, Gold Prices
The March U.S. employment report will provide valuable information on the health of the U.S. economy and may guide the Fed’s next move in terms of m...
- April 5, 2024
- Market News
Common Mistakes to Avoid when Trading Forex or Any Other Assets
Trading in financial markets can be rewarding, but it’s also fraught with risks. Many beginners, and even experienced traders, often fall into c...
- April 4, 2024
- Market News
More Japanese Yen Weakness May Prompt the Bank of Japan To Step In
The USD/JPY market is stuck just below the 152 region as traders suspect official action if they push it higher...
- April 4, 2024
- Market News
Gold Posts a Fresh All-Time High Above $2,300 as US NFPs Near
Gold continues to rally and today traded above $2,300/oz. level. Friday’s US Jobs Report (NFP) will consolidate or break this move higher...
- April 4, 2024
- Market News
Euro Update: Weaker US Activity Data Helps the Euro Reclaim Lost Ground
The euro has found its feet after slower US PMI data and a more dovish message from the Fed resulted in higher moves for both EUR/USD and EUR/CHF...
- April 4, 2024
- Market News
Dow, Nasdaq 100 and Hang Seng Look to Push Higher
Indices have recovered from their lows of the week, with US indices potentially looking at fresh record highs in the near future...
- April 4, 2024
- Market News
Decoding Fedspeak: How Central Banker Comments Move Markets – Gold & US Dollar
In the world of finance, words can sometimes be as powerful as actions. Known as “Fedspeak”, the speeches, statements, and even subtle rem...