By FXEmpire.com The EUR/GBP pair absolutely exploded towards the end of the week as the market bounce hard. It should be noted however, that this market is definitely in a downtrend, and the fact that we could make a case for a...
Read MoreBy FXEmpire.com EUR/JPY initially fell during the previous week, to retest the 96 handle. We found support in that general vicinity, and formed a hammer by the end of the session. This market looks like it’s ready to gain...
Read MoreBy FXEmpire.com The AUD/USD pair had an explosive move on Friday than actually push the pair above the 1.05 resistance area. Because of this, we think that this market has entered a new bullish leg up, and will not sell it at...
Read MoreBy FXEmpire.com The USD/CAD pair ended up falling for the week, but it must be said that we are currently sitting just above support at the parity level. The candle for the week looks pretty much undecided although it does have...
Read MoreBy FXEmpire.com The NZD/USD pair exploded to the upside on Friday as the “risk on trade” came back into play because of good jobs numbers out United States. This pair however is starting to run into serious...
Read MoreBy FXEmpire.com Silver markets had a strong day on Friday as the jobs report in America came out strong. This suggests to market participants that the “risk on” trade was coming back into play. With this in mind, the...
Read MoreBy FXEmpire.com Light sweet crude markets had a very strong session on Friday after the better than expected jobs report out of the United States had everybody feeling good. The market managed to jump back over the 90 handle,...
Read MoreBy FXEmpire.com Natural gas markets did very little during the session on Friday, as they were sitting on support after a massive Thursday fall. However, the market did finish lower, and it does suggest that perhaps we are going...
Read MoreBy FXEmpire.com The gold markets rose during the session after a strong Friday jobs report. United States added hundred and 65,000 jobs, and this was more than expected. As a result the “risk on” trade became the one...
Read MoreBy FXEmpire.com The silver markets had a very volatile week for the short term trader, but for the long-term trader we simply see no action at all. The last six weeks have had a very tight trading range, and as such we feel that...
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