*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 5, 2022
- Market News
Bitcoin (BTC) Technical Outlook – Long-Term Downtrend Remains in Play
Bitcoin is testing the longer-term downtrend and unless this can be broken convincingly, a drop back to multi-month support looks increasingly likely....
- October 5, 2022
- Market News
How Forex Traders Use ISM Data
Forex traders closely watch ISM monthly manufacturing reports. Learn to trade using ISM data....
- October 5, 2022
- Market News
Euro Forecast: Euro Resumes Parity Dance with the Dollar as Fed Pivot Chatter Cools
The Euro retreated from parity to the dollar in European trade as investors weigh the possibility of a dovish Fed. NFP and ISM data become the focus f...
- October 5, 2022
- Market News
Gold Price Rally Blocked by Resistance, Key US Jobs Report Nears
The precious metal has been on a strong run of late, fueled by lower US rate expectations. Traders are now looking ahead to the latest US jobs report....
- October 5, 2022
- Market News
British Pound (GBP/USD) Forecast: PM Truss in Focus Ahead of UK and U.S. Services PMI’s
Key services data for the UK and U.S. dominates the economic calendar while PM Liz Truss conference speech aims to restore confidence within her party...
- October 5, 2022
- Market News
Euro Holds High Ground as US Dollar Subdued on Market Optimism. Where to for EUR/USD?
The Euro is approaching parity again after US Dollar gave up some ground in light of a rosier outlook on the back of a perceived peak in hawkishness. ...
- October 5, 2022
- Technical Analysis
ASX 200 and Nikkei 225 Technical Outlook: Range Outlook Reasserted
This week’s rebound in the ASX 200 and Nikkei 225 indices is likely a reaffirmation of the broader range. What are the levels to watch for a breakou...
- October 5, 2022
- Market News
Crude Oil Price Climbs Ahead of OPEC+ Meeting and a Sunny Outlook. Where to for WTI?
Crude oil continues to nudge higher in anticipation of flagged OPEC+ production cuts and the positive mood for markets more broadly. If supply is cons...
- October 5, 2022
- Market News
Dollar Slide Aligns to Rebound in Risk Trends but What About Rates and Recession Forecasts?
Risk appetite has extended its exceptional start to October and the fourth quarter with the S&P 500 earning its biggest two-day rally since April ...