*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 28, 2022
- Market News
Gold Price Action Echoes Bearish Behavior as APAC Markets Fall
Gold prices are down modestly as APAC markets sell-off. A lull in XAU volatility is unnervingly similar to price action seen over the last few months,...
- September 28, 2022
- Market News
Australian Dollar Scuppered as US Dollar Takes the Throne as King of Currency
The Australian Dollar has been belted by a soaring US Dollar and a divergence of policy guidance from the RBA to other central banks. Will a smallish ...
- September 28, 2022
- Market News
USD/JPY Rate Approaches Yearly High Ahead of US PCE Report
Fresh data prints coming out of the US may prop up USD/JPY as the Personal Consumption Expenditure (PCE) Price Index is expected to show sticky inflat...
- September 28, 2022
- Market News
Crude Oil Price Rebound Keeps RSI Out of Oversold Territory
The price of oil may stage a larger rebound over the coming days as long as the Relative Strength Index (RSI) holds above 30....
- September 28, 2022
- Market News
S&P 500, Nasdaq 100 and Dow Subdued Amid Persistent Risk Off Mood
Major U.S. equity indices erased earlier gains and finished in mixed territory amid lingering fears of global recession as Treasury yields put in anot...
- September 28, 2022
- Market News
Stocks Sanguine as Bonds, FX Price-in Panic – Webinar
It’s a peculiar environment to see once-in-a-decade moves in FX or bonds as stocks just sit on support. One side is probably wrong…...
- September 28, 2022
- Market News
Oil Prices Rise After Support Rejection, Strong USD & Growth Risks May Cap Gains
Oil prices gain after bouncing off a key support area, but the outlook remains slightly bearish in the short term, especially after the invalidation o...
- September 28, 2022
- Technical Analysis
Gold Price Forecast: Gold Gives Up Major Level- What’s Next?
Gold plunged through key technical support with a third weekly decline plummeting to fresh multi-year lows. Levels that matter on the weekly technical...
- September 28, 2022
- Market News
EURUSD Lacks Direction as Major Support Continues to Hold
EURUSD sits perched right above key psychological support as the US Dollar takes a brief breather....