By FXEmpire.com The GBP/USD pair rose to test the 1.57 resistance area yet again. It should be noted that resistance goes all the way 1.58, and the daily candle on Friday was of course a shooting star. This could be a sign that...
Read MoreBy FXEmpire.com EUR/GBP had an interesting week as it initially surged, only to give back much of the gains on Friday. This could be predicated upon the idea that the ECB is about to start monetary easing again and as such the...
Read MoreBy FXEmpire.com The EUR/JPY pair had a bullish week as the speculation of the ECB action reached fever pitch towards the end of the Friday session. However, it should be said that quite a bit was sold off in the final hours, and...
Read MoreBy FXEmpire.com The AUD/USD pair rose during the session on Wednesday, Thursday, and Friday. This made the week very bullish for the pair, and it appears that the commodity currencies on the whole are getting quite a bit of...
Read MoreBy FXEmpire.com The USD/CAD pair fell during the last five sessions as the potential central bank easing coming in the next couple of weeks puts a bid into the commodities markets such as oil. This of course is healthy for the...
Read MoreBy FXEmpire.com The NZD/USD pair fell initially during the week, only to bounce hard towards the second half of it as the central bank fueled liquidity rush could be coming. The 0.80 level has given way again and we close the...
Read MoreBy FXEmpire.com The silver markets did very little during the session on Friday, even as the gold markets shot higher. This is a running theme at this point in time that the gold markets will rise while the silver markets barely...
Read MoreBy FXEmpire.com The light sweet crude markets had a bullish session on Friday, after bouncing off of the $88 level on Wednesday. The market does look rather supportive at the $88 area, and as such we think that the next move...
Read MoreBy FXEmpire.com The natural gas markets fell during the Friday session, to retest the $3.00 level area again. The area did hold up, and we formed what looks much like a hammer. The market has recently broken out, but it has to...
Read MoreBy FXEmpire.com Gold markets had a bullish session on Friday, as speculation that the central banks around the world are going to start easing again gripped the markets. The $1640 level just above is still resistance as far as...
Read More
