*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 4, 2022
- Technical Analysis
Monthly Forex Seasonality – October 2022: US Dollar Rallies; Gold & Stocks Rebound
The ninth month of the year typically sees a strong performance by the US Dollar....
- October 3, 2022
- Market News
S&P 500 and Nasdaq 100 Extend Gains Despite Weak ISM Manufacturing Data
September U.S. manufacturing activity clocked in at 50.9 versus 52.2 expected, growing at its weakest pace since May 2020, a sign that the economy is ...
- October 3, 2022
- Market News
Expecting a Further Depreciation in Major Indices
Indices such as the S&P 500, the FTSE 100 and the DAX are currently in a decline since January 2022 high....
- October 3, 2022
- Market News
Gold Price Forecast: Gold Pulls Back to Key Resistance as Yields Ease
A reprieve in the bearish trend to start Q4 but can gold bulls push anything more than a retracement? Or will higher rates continue to sink gold price...
- October 3, 2022
- Technical Analysis
EUR/GBP IG Client Sentiment: Our data shows traders are now net-long EUR/GBP for the first time since Aug 26, 2022 when EUR/GBP traded near 0.85.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bea...
- October 3, 2022
- Technical Analysis
US Dollar Technical Analysis: Reversal Week Puts Brakes on Upside, for Now
The DXY posted a big weekly reversal at a key area on the charts; this week could get interesting as the dollar finally shows some vulnerability....
- October 3, 2022
- Market News
DAX 40 Rallies to Reclaim 12000 Level, Downside Potential Intact
The Index rallied despite a host of concerns ranging from geopolitics to rate hikes. As the economic concerns grow, can the rally last?...
- October 3, 2022
- Technical Analysis
Improve Your Trading Bias
Trading bias allows both novice and experienced traders to make informative decisions....
- October 3, 2022
- Market News
Crude Oil Price Rallies as Traders Mull Sizeable OPEC+ Cuts This Week
Crude oil has started the session around 3% higher as talk continues to swirl that OPEC+ will announce a hefty production cut this week....