By FXEmpire.com The EUR/USD pair had a bullish session for the Monday trading day, but it did manage to give up quite a bit of its gains in the end. The 1.2350 level continues to hold as resistance, and as such we think that...
Read MoreBy FXEmpire.com USD/JPY had a positive session during the Monday trading day as we are simply bounced off of the support area below. Looking at the charts, the real question then becomes whether or not we are fighting massive...
Read MoreBy FXEmpire.com The GBP/USD pair attempted to smash through the 1.57 level on Monday, but was turned around and form a shooting star. Normally, this would have us very bearish of a currency pair, but as you can see on this chart...
Read MoreBy FXEmpire.com For the week, gold prices have gained about 1 percent. The precious metal touched a weekly high of $1,626. /oz and closed at$1,619./oz on Friday. Holdings in the SPDR Gold Trust, the world’s largest...
Read MoreBy FXEmpire.com Equities are weak after fall in GDP figure from Japan. This morning reports showed that the Japanese GDP grew at a much slower pace as rebuilding activities post the massive earthquake continued to fade....
Read MoreBy FXEmpire.com Wall Street ended the week with gains, although markets were flat on Friday after disappointing economic data from China and heightened U.S. fears about a global slowdown. The Dow Jones, S&P 500 and NASDAQ...
Read MoreBy FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 78.31 towards the end of the Asian session Monday morning. Negative economic data continues to weigh heavily on the currency. After two weeks of poor eco...
Read MoreBy FXEmpire.com Analysis and Recommendation: The AUD/USD is trading at 1.0561 as the day winds down in Oz. The Australian dollar as remained strong even with the weight of the poor Chinese data released last week. China released...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/JPY is trading at 96.27 with the euro gaining this morning. The euro held fairly steady over the weekend and remains a bit under the 1.23 price against the USD. In Japan this...
Read MoreBy FXEmpire.com Analysis and Recommendation: The NZD/USD is trading at 0.8119 as the kiwi dipped on Monday morning, weighed down by the negative data from China released on Thursday and Friday of last week. China seemed to have...
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