*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
- Technical Analysis
Euro Short-term Technical Outlook: EUR/USD Powers Towards Parity
Euro surged more than 4.2% off support at multi-decade lows with the rally now approaching yearly downtrend resistance. Levels that matter on the EUR/...
- October 4, 2022
- Market News
FTSE 100 Rebounds Off of Recent Lows – 7,000 Remains Key
FTSE 100 has rebounded off key psychological support as risk appetite turns positive. Softer USD and lower yields support gains while technical levels...
- October 4, 2022
- Market News
US Dollar Pushes Lower as JOLTS Report Offers Downside Surprise
Job openings for August came in lower than expected, offering risk assets a renewed bid following the opening bell....
- October 4, 2022
- Market News
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
Has the US Dollar topped? Despite setting a fresh high less than a week ago a steady sell-off has caused many to ask the question....
- October 4, 2022
- Market News
EUR/USD Rises on Improved Risk Sentiment, Softer USD and Yields
EUR/USD trades higher, mainly due to external influences which begs the question of how long the bullish run will last. US jobs data could reignite th...
- October 4, 2022
- Technical Analysis
S&P 500, Dow Jones, Nasdaq 100 Outlook: In Bounce-mode for Now
Stocks are rising after taking out the June lows; rally could extend a bit further, but overall whether it ends now or later it is likely a bear marke...
- October 4, 2022
- Market News
Gold Outlook: XAU/USD Extends Rally, Buoyed by Falling Yields and a Weaker Dollar
The precious metal remains driven by external factors. Potential for further volatility remains as US Job data could spur renewed dollar strength....
- October 4, 2022
- Technical Analysis
France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since Sep 15, 2022 when France 40 traded near 6,097.90.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-...
- October 4, 2022
- Technical Analysis
Germany 40 IG Client Sentiment: Our data shows traders are now net-short Germany 40 for the first time since Sep 14, 2022 when Germany 40 traded near 13,089.10.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40...