By FXEmpire.com London stocks had a slightly bullish session on Friday, but remain in a fairly tight consolidation range. We see that the 5800 level is supportive and could perhaps buy this market as we find support in that...
Read MoreBy FXEmpire.com The Dow Jones had another positive session on Friday as there was very little to deter the buyers in this market. However, we are pressing up against serious resistance at the 13,300 level, and as such we think...
Read MoreBy FXEmpire.com The Dollar index had a pretty back-and-forth week, but eventually close relatively unchanged. In fact, we are currently bouncing around in an ascending channel that looks set to push prices much higher. However,...
Read MoreBy FXEmpire.com The S&P 500 index had a bullish five days this past week. The market looks like it’s trying to break down, and a daily close above the 1425 level would in fact signal that it’s happened. This...
Read MoreBy FXEmpire.com The FTSE 100 had a slightly bullish week over the last five sessions, but as you can see by the charts simply didn’t move much. At the end of the week, we were fairly unchanged. This market looks like...
Read MoreBy FXEmpire.com The Dow Jones had a positive week for the last five sessions yet again. This finds the market at the 13,275 level, which is just below the 13,300 level needed to break to yet another high. This does indeed look...
Read MoreBy FXEmpire.com The EUR/USD pair fell during most of the session on Friday, but did manage to bounce in order to form a hammer. We are currently hugging the uptrend line of a rising wedge, and as such we are seeing supportive...
Read MoreBy FXEmpire.com The USD/JPY pair had another bullish session on Friday as the market plowed into the 79.50 level. We have recently broken out above consolidation and it appears that the market is dead set on running to the 80...
Read MoreBy FXEmpire.com The GBP/USD pair fell during the Friday session as the 1.57-1.58 area continues to hold back the advances of the buyers. However, as you can see over time we have generally ground our way higher in this market,...
Read MoreBy FXEmpire.com The EUR/GBP pair had a very back-and-forth session on Friday as the markets eventually closed almost unchanged. Recently, we had retested the bottom of an uptrend line for resistance and it did hold. Is because...
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