China Up – Japan Down
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Read MoreAuthor: Irit Rutenberg
Oil Forecast February 3, 2012, Technical Analysis
By FX Empire.com The Light Sweet Crude markets fell again for the session on Thursday as the economic picture is finally weighing on the minds of traders. The lack of demand has been all but ignored recently, and as a result the...
Read MoreNatural Gas Forecast February 3, 2012, Technical Analysis
By FX Empire.com Natural gas markets got a nice bounce in the marketplace during the Thursday session as traders started a short covering rally. The main driver was US supply shrinking more than expected during the announcement....
Read MoreGold Forecast February 3, 2012, Technical Analysis
By FX Empire.com Gold continued its rise on Thursday as traders pile back into the one trade that has been extraordinarily reliable over the last eleven years. The gold markets have been very bullish in that time period, with...
Read MoreUSD/JPY Forecast February 3, 2012, Technical Analysis
By FX Empire.com USD/JPY fell again on Thursday as traders prepare for the Non-Farm Payroll number today. The market almost always will react in violent moves to this announcement, and this pair is no different. The levels we...
Read MoreUSD/CHF Forecast February 3, 2012, Technical Analysis
By FX Empire.com USD/CHF rose during the session on Thursday, but was fairly weak in its momentum. It gave up about half of the gains by the close, and the pair looks like it isn’t quite ready to move forward yet. We have...
Read MoreUSD/CAD Forecast February 3, 2012, Technical Analysis
By FX Empire.com USD/CAD had a tight range for the Thursday session as traders await the employment numbers out of both countries today. The two economies are interconnected in major ways, and as a result the pair can be tricky...
Read MoreNZD/USD Forecast February 3, 2012, Technical Analysis
By FX Empire.com NZD/USD had a fairly quiet session on Thursday as traders awaited the Friday Non-Farm Payroll number. The daily candle is a small shooting star, and this suggests that the pair is more likely to fall than rise....
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