*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.
- September 30, 2022
- Market News
Mexican Peso Outlook: USD/MXN Muted after Banxico Follows FOMC Hiking Pace
Banxico increases the benchmark interest rate by 75 basis points, bringing it to 9.25% and pledging to maintain a hawkish stance until inflation is on...
- September 30, 2022
- Technical Analysis
Dollar Technical Forecast: USD Ripper Relaxes into October- DXY Levels
US Dollar is off more than 2% from the highs after exhausting into uptrend resistance this week. The levels that matter on the DXY weekly technical ch...
- September 30, 2022
- Technical Analysis
British Pound Forecast: GBP/USD Claws Back – Bear Reset Ahead
A British Pound counter-offensive is underway after collapsing into downtrend support at record lows. Levels that matter on the GBP/USD weekly technic...
- September 29, 2022
- Market News
DAX and CAC 40 Technical Outlook: Relative Weakness is Glaring
The German and French benchmarks continue acting as bear market leaders; a further recovery in risk may set these indices up for continuation trades....
- September 29, 2022
- Market News
Pound Sterling Latest: GBP/USD Eerily Calm Ahead of US Session
Cable’s relatively calmer price action suggests markets aren’t fully convinced about Liz Truss’ fiscal plans as she doubles down on Finance Mini...
- September 29, 2022
- Market News
German Inflation Soars to 10% in September, EUR/USD Heads to 0.9750
German headline inflation hit a fresh multi-decade high in September on soaring energy and transport costs....
- September 29, 2022
- Market News
Moving Average (MA) Explained for Traders
The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA....
- September 29, 2022
- Market News
Fibonacci for a Multi-Market Trader’s Approach
Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets....
- September 29, 2022
- Market News
Euro Breaking News: Consumer Confidence and Economic Sentiment Slide Further, ECB Face Tough Balancing Act
Amid growing recessionary pressures and falling sentiment the ECB has remained hawkish. Will they be able to deliver on their rhetoric?...