By FX Empire.com Light Sweet Crude The CL contract had a very positive week as traders piled into the market. The formation we are currently seeing is looking like one of two potential reads: either a bullish flag or a downward...
Read MoreBy FX Empire.com Natural gas markets continue to churn at the $3 area as the markets had a fairly quiet week. This is to be expected at the death of the year, and the light volume. However, by all accounts this market is falling...
Read MoreBy FX Empire.com Gold markets rose for the week, but had a tough time rising much above the $1,600 level. The market is currently sitting on top of a massive support area from the $1,500 level to the $1,600 level. The consensus...
Read MoreBy FX Empire.com Light Sweet Crude The CL contract rose slightly on Friday as traders continued to buy up the market in response to the bombings in Iraq, the tensions with Iran, and the uncertainty in North Korea. The market is...
Read MoreBy FX Empire.com Natural gas markets barely budged during the Friday session as most traders were thinking about holidays, and not trading natural gas. The market continues to find a little bit of a bottom in the $3 area, and...
Read MoreBy FX Empire.com Gold markets were very quiet on Friday as the volume dried up. The result was a very flat session that sold off just slightly. The recent shooting star on Wednesday suggests that the next move might be down, but...
Read MoreBy FX Empire.com The USD/JPY pair advanced last week to its highest level in three weeks, where the cheerful U.S. Housing data helped support the market confidence which increased demand for higher-yielding currencies, sending...
Read MoreBy FX Empire.com Crude oil prices rose on Friday as Baghdad faced today series of bombings that killed more than 72 people, fueling concerns about possible oil disruption to Europe, especially in light of Iranian naval started...
Read MoreBy FX Empire.com The NZD/USD pair covered some of its previous losses last week, as the US dollar dropped against most of its major counterparts due to the risk appetite that reduced demand for safer assets. The current market...
Read MoreBy FX Empire.com Gold prices stagnated slightly below the opening level Friday, as traders switched on holiday mode with Christmas on doors, so trading volumes ebb down and market movement is rather limited in a tighter range...
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