*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 23, 2022
- Market News
S&P 500, Nasdaq, Dow Fall Amid Mounting Growth Concerns
U.S. equity indices continued to fall after the FOMC hiked interest rates yesterday and reaffirmed their commitment to bring inflation under control d...
- September 23, 2022
- Technical Analysis
Gold Price Forecast: Stuck Below Former Support Post-Fed – Levels for XAU/USD
Gold prices haven’t been able to stage a recovery above 1680....
- September 23, 2022
- Technical Analysis
USD/CHF IG Client Sentiment: Our data shows traders are now net-short USD/CHF for the first time since Sep 09, 2022 when USD/CHF traded near 0.96.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bu...
- September 23, 2022
- Market News
Euro Forecast: EUR/USD Muted Post Hawkish Fed Verdict but Still a Falling Knife
The EUR/USD is trading with a neutral bias on Thursday, but retains a bearish outlook, especially after the Fed endorsed an ultra-hawkish monetary pol...
- September 23, 2022
- Market News
Japanese Yen Roars to Life Following Intervention – USDJPY, GBPJPY, AUDJPY, EURJPY Setups
The Japanese Yen is surging as the Ministry of Finance intervenes to support the currency....
- September 23, 2022
- Technical Analysis
GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Mar 09, 2022 when GBP/JPY traded near 152.81.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bea...
- September 22, 2022
- Market News
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CHF, USD/JPY
The US Dollar has had a big week so far and it isn’t over yet as price action is still absorbing the plethora of data that’s come into the picture...
- September 22, 2022
- Technical Analysis
S&P 500, Dow Jones, Nasdaq 100 Outlook: New Lows and Fear Needed for Bottom
U.S. continue to trend lower and the trend needs to accelerate into a capitulation at some point for a bottom to be put in....
- September 22, 2022
- Market News
GBP Breaking News: BoE Defies Market Estimates with 50bps Rate Hike
The Bank of England unpredictably raised rates by 50bps to 2.25% after an aggressive Fed yesterday....