*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
- Technical Analysis
Gold Price Short-term Outlook: Gold Returns to Resistance- Can Bulls Break?
Gold prices are poised to snap a two-week losing streak with XAU/USD rebounding off multi-year lows. The levels that matter on the short-term technica...
- September 30, 2022
- Technical Analysis
GBP/USD Technical Analysis: Flushed and Reversed, Now What?
GBP/USD broke the 1985 low but quickly recovered back above in typical panic low style; short-term trading levels and scenarios to watch....
- September 30, 2022
- Market News
Fed’s Favorite Inflation Gauge Rises to 4.9%, Reinforcing the US Dollar Advance
August U.S. Core PCE rises 4.9% y-o-y, topping expectations calling for an advance to 4.7%, a sign that price pressures are struggling to moderate des...
- September 30, 2022
- Market News
3 Trading Exit Strategies – How to Exit a Profitable Trade
Explore 3 trading exit strategies that traders should consider when looking to get out of a trade....
- September 30, 2022
- Market News
South African Rand Forecast: ZAR Seeks Directional Bias Ahead of U.S. Core PCE
USD/ZAR has been hovering in and around the R18/$ level this week and looks for guidance as we look to close out the trading week....
- September 30, 2022
- Market News
Euro Breaking News: Inflation Hits Double Digits as ECB Run Out of Options
Inflation in the Euro Area accelerated with unemployment steady. Can the ECB afford anything less than a 75bp hike?...
- September 30, 2022
- Market News
GBP/USD Forecast: Cable Recovers as Truss, Kwarteng Meet with Fiscal Watchdog
Cable claws back losses ahead of Truss, Kwarteng meeting with the Office for Budget Responsibility (UK fiscal watchdog). UK sentiment improves, gilts ...
- September 30, 2022
- Market News
British Pound Back to Breakdown Levels as PM Doubles Down. Will GBP/USD go Lower?
The British Pound made a new weekly high today as markets recalibrate after Bank of England bond buying allayed some anxiety. If UK fundamentals deter...
- September 30, 2022
- Technical Analysis
DAX 40 and FTSE 100 Index Technical Outlook: Weakness Ahead
Both the DAX 40 and FTSE 100 have fallen below key support this week. How much more downside is there and what are the key levels to watch?...