By FXEmpire.com Analysis and Recommendation: The AUD/USD remains well above the 1.05 price level, trading at 1.0549 at this writing. Home Loan’s in Australia reported well below forecast weakening the Aussie a bit in this...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/JPY is trading at 97.32 dipping a bit in Asian trading as the euro lost of bit of momentum. There is no significant cause for the euro to dip, except that it had moved to...
Read MoreBy FXEmpire.com NZD/USD fell during the session on Tuesday as the shooting star for Monday was triggered for a sell order. However, we are not shorting this pair as we can see two very distinct support levels just below. The...
Read MoreBy FXEmpire.com Analysis and Recommendation: The NZD/USD remains strong but dipped a bit this morning trading at 0.8136; Mr. Key Prime Minister of New Zealand recently stated in an interview that one-way bets on continued...
Read MoreBy FXEmpire.com Silver markets had a slightly bullish day on Tuesday as the consolidation continued in this market. The buyers did manage to push the market above the $28 level, so that is something to hang their hat on, but...
Read MoreBy FXEmpire.com The light sweet crude markets had a positive session on Tuesday, and even broke above the recent highs. We did see a little bit of a give back at the $95 level, and this was something that we talked about...
Read MoreBy FXEmpire.com Natural gas markets had a bullish session on Tuesday, as the bounce from $2.80 continues. The market does look like it’s trying to rally from this level, but we still see that the action from last week is...
Read MoreBy FXEmpire.com Gold markets had a very quiet session during the Tuesday trading day, as there was simply no news to push markets in one direction or the other. The daily candle ended up being a shooting star, but the range is...
Read MoreBy FXEmpire.com Commodity prices are subject to rumor and monetary stimulus just like the currency markets. Last week, global markets suffered major disappointments, after the FOMC held rates and policy, the BoE held rates and...
Read MoreBy FXEmpire.com Australian home-loan approvals rose in June by the most this year as buyers responded to the central bank’s 1.25% points of interest-rate cuts since November. The number of loans granted to build or buy...
Read More
