By FXEmpire.com Introduction: While the ranges are wider (and so should stops be), the lines are rather distinctive, especially towards the borders of the long term wide range. This pair makes for good trades, with the new...
Read MoreBy FXEmpire.com Introduction: The recent strength of the kiwi, a currency sometimes overlooked by traders, made its moves much more predictable. This applies to support and resistance lines alike. This is a very safe pair to...
Read MoreBy FXEmpire.com Introduction: In the USD/JPY trade, trying to pick tops or bottoms during that time would have been difficult. However, with the bull trend so dominant, the far easier and smarter trade was to look for technical...
Read MoreBy FXEmpire.com Introduction: The Australian dollar still isn’t in its good old days, but the performance is definitely improving. Resistance lines tend to work in a smoother manner than support lines, but they also work...
Read MoreBy FXEmpire.com Introduction: This is one of the most popular crosses. The primary reason why EUR/JPY has rallied 11 percent over the past 3.5 months is because of US growth – not many people realize that the price action...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/USD is trading at 1.2268 moving up a few pips after the US nonfarm payroll release. Today’s report showed the US created 163K new jobs, when it was forecast at 100K....
Read MoreBy FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.0003 almost reaching parity today. The US nonfarm payroll report surprised traders, showing that the US created 163K new jobs, when only 100K were...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/GBP is trading at 0.7892 after tumbling yesterday to the low 0.78 range, the euro has been able to pick up some of its losses. Yesterday was the battle of the banks, and the...
Read MoreBy FXEmpire.com Analysis and Recommendations: The GBP/USD is trading at 1.5541 adding back some of yesterday’s losses. Sterling is up 0.4% vs the USD but underperforming its peers as markets digest the implications of...
Read MoreBy FXEmpire.com Analysis and Recommendations: Natural Gas is trading at 2.885 after investors took profits and then prices tumbled on lower weather forecasts and higher than expected inventories reports for last week....
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