By FXEmpire.com As of this writing, crude oil prices are trading almost flat at $96/bbl in international market although price is showing a bit of weakness in Asian trading on Tuesday morning. Concern of China easing after...
Read MoreBy FXEmpire.com Yesterday the price swings in the EUR/GBP cross rate basically followed the price pattern of the EUR/USD headline pair. UK Rightmove house prices were below consensus but had hardly any impact on sterling...
Read MoreBy FXEmpire.com The Asian equities opened on a stronger note on hopes of increased optimism over the Euro-zone leaders meeting scheduled this weekend, however the strength remains weak. Presently, the market is rather confused...
Read MoreBy FXEmpire.com The US dollar had a back-and-forth session on Monday, as denoted buying the Dixie. This contract is currently sitting just above the 82.50 handle, and as such is sitting on top of an uptrend line. We have been...
Read MoreBy FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 79.29 as the US dollar continues to drift downward. There is no single element that can be blamed for the dip in the dollar index, but investors are looking...
Read MoreBy FXEmpire.com The S&P500 Index had a fairly interesting session on Monday, as it initially fell only to turn around and bounce to form a hammer. The hammer of course is pressing the resistance level above which is also...
Read MoreBy FXEmpire.com Analysis and Recommendation: The AUD/USD gained momentum on Monday and traded above the 1.05 level again, but dipped ahead of the RBA meeting minutes. The pair is trading at 1.0481 regaining momentum after the...
Read MoreBy FXEmpire.com The FTSE 100 Index had a positive session during the Monday trading day, to continue with the consolidation just above the 5800 level. The market looks like it’s trying to build momentum to breakout above...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/JPY declined to trade at 97.99 on Tuesday morning. The EUR/JPY cross is in a struggle as the Euro slightly bounces from recent downside in the FX market while the Japanese...
Read MoreBy FXEmpire.com The Dow Jones had a very similar day to the S&P 500, as it fell originally but found support later in the day to form a hammer. This hammer is pressing up against the massive resistance at the 13,300 or so...
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