By FXEmpire.com The Asian equities markets are trading on a positive note as increased hopes of easing from China after the Premier Wen Jibao commented that easing inflation allows more room to adjust monetary policy and...
Read MoreBy FXEmpire.com The USD/JPY pair had a pretty wild session on Wednesday as the pair both rose and fell in order to form a hammer just above the 78.75 level that we have been watching recently. This suggests that we may be seen a...
Read MoreBy FXEmpire.com The GBP/USD pair had another bullish session on Wednesday, but then again still cannot break above the 1.57 level for any significant amount of time. Because of this, it looks like this market is starting to run...
Read MoreBy FXEmpire.com The EUR/GBP pair found itself falling on Wednesday after forming a shooting star on Tuesday. The pair had popped in order to find the bottom of an up trending line that had formed over the previous weeks. This...
Read MoreBy FXEmpire.com The EUR/JPY pair fell during most of the session on Wednesday, in order to form a hammer. The hammer is hanging at the 97 handle, and as such it does look like the market is trying to find a bit of support. It is...
Read MoreBy FXEmpire.com The AUD/USD pair managed to bounce after falling through the 1.05 level that acted as support. The fact that the daily candle ended up is a hammer is also very bullish, and as such we think that this pair will...
Read MoreBy FXEmpire.com The US Dollar Index had a fairly flat session on Tuesday, but did manage to form a hammer. This suggests that perhaps we will see some Dollar strength over the next couple of sessions, and it also happens to have...
Read MoreBy FXEmpire.com The S&P 500 had a very quiet session on Tuesday as we manage to break through the 1400 level, but really can sustain any type of serious gains for the session. The market is currently at the top of an up...
Read MoreBy FXEmpire.com The FTSE 100 had a relatively quiet but negative session on Tuesday as the currently levels may be a bit overextended for the short term. In fact, we are currently just below the 5900-6000 level, and this area...
Read MoreBy FXEmpire.com The Dow Jones had a very quiet session on Tuesday as we are essentially between two major announcements. The Federal Reserve and the European Central Bank are both major influences in the markets currently, and...
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