By FX Empire.com Light Sweet Crude CL had a fairly flat week in the end as the market continues to pressure the upside at $100. The market has been fairly resilient over the last few months, and the $105 level is a big one that...
Read MoreBy FX Empire.com Natural Gas markets fell again for the week as the bearish mood continues. Supply is simply far too strong for demand to soak up all of the natural gas out there. The $3 level gave way on Friday, but only barely...
Read MoreBy FX Empire.com Gold market rose at the end of an otherwise poor week as gold traders stepped in and bought the yellow metal at the $1,550 level. The level is right in the middle of the support zone that we see between $1,500...
Read MoreBy FX Empire.com The USD/JPY pair fell hard for the week as the downward pressure continues. The Bank of Japan continues to lift this pair as the interventions over the recent past has keep a bit of a floor in this pair....
Read MoreBy FX Empire.com USD/CHF rose again during the previous week as the Dollar continues to be bid up. The Franc is being worked against by the Swiss National Bank, and the Swiss have the misfortune of having to sell 80% of their...
Read MoreBy FX Empire.com USD/CAD fell during the week as the oil markets got a bit of a bid. However, the oil markets are running into massive resistance above, and the next move could very well be down. With this in mind, the hammer...
Read MoreBy FX Empire.com NZD/USD rose during the previous week after fending off the bears and an initial selloff. The pair formed a hammer and looks like it could be set to rise, but the highs continue to get lower, so it is hard to...
Read MoreBy FX Empire.com The GBP/USD pair fell over the course of the week, but still remains above the all-important 1.53 level. The area is the bottom of a 200 pip support area that is the neckline for a massive head and shoulder in...
Read MoreBy FX Empire.com EUR/USD fell again during the week as the markets continue to worry about further deterioration in the European Union debt markets. The Italians are now front and center for the problems, and the markets seem...
Read MoreBy FX Empire.com The EUR/GBP pair fell again for the week as the Euro continues to get pummeled by traders. The start of the week saw an attempt at a rally, but the 0.84 level held firm as resistance. The pair looks absolutely...
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