*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 16, 2022
- Market News
S&P 500 Slides Ahead of Massive “Quad-Witching” Options Expiration
Stocks come undone as traders digest retail sales data and prepare for Friday’s massive options expiration....
- September 16, 2022
- Market News
Canadian Dollar Outlook: USD/CAD Gains on Oil Bloodbath, Fed Rate Verdict Ahead
USD/CAD rises and tests its 2022 highs amid risk-off sentiment and falling oil prices. Next week’s FOMC interest rate decision could be the most...
- September 16, 2022
- Technical Analysis
ASX 200 and Nikkei 225 Technical Outlook: Soft Tone Going Into Next Week?
The ASX 200 and Nikkei 225 indices have pulled back sharply this week so far. Is there more to come in the coming sessions?...
- September 16, 2022
- Technical Analysis
The Forces of Supply and Demand
Supply and demand affect every trade and every chart and are key to every price movement....
- September 16, 2022
- Technical Analysis
EUR/GBP IG Client Sentiment: Our data shows traders are now at their least net-long EUR/GBP since Sep 01 when EUR/GBP traded near 0.86.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bu...
- September 16, 2022
- Technical Analysis
USD/CAD Could Soon Sustain a Breakout
USD/CAD has repeatedly hit its head on a level, it may be on the verge of breaking out and holding the breakout....
- September 16, 2022
- Technical Analysis
British Pound Forecast: GBP/USD Slams 1.15- Bears Near a Bigger Break?
Sterling is on defense with GBP/USD plunging back into yearly downtrend support- risk for major price inflection. Levels that matter on the weekly tec...
- September 16, 2022
- Trading Education
Engulfing Formations for Price Action Trading
There’s a litany of candlestick formations that traders can look for but few carry the potential of the engulfing candlestick....
- September 16, 2022
- Trading Education
Trading Triangles in Price Action
In triangle formations, this is a level that’s expected to be broken with enough persistence from buyers (for resistance) or sellers (for support)....