By FX Empire.com Although the EUR/CHF pair rose during the session on Wednesday, it was hardly an impressive performance. The pair spiked, but fell in the late hours of the session to form a shooting star at the bottom of the...
Read MoreBy FX Empire.com AUD/USD initially spiked on Wednesday as traders bought the “risk on” trade hand over fist. The pair then retreated in the end and formed a massive shooting star. The 1.02 level has held as...
Read MoreBy FX Empire.com USD/CAD fell on Wednesday as the oil markets gained. However, the Dollar saw a bid in the afternoon in Europe and the later hours of the US session, forming a hammer just above the 1.02 level. The area has been...
Read MoreBy FX Empire.com NZD/USD rose on Wednesday in the early hours as the trading community looked to continue the bullish momentum from the session before. However, the day saw a selloff later in the session, and this caused the...
Read MoreBy FX Empire.com Light Sweet Crude The CL contract rose again on Wednesday as the move from the previous session found follow through. The $97.50 level was taken again, and the $100 level is sitting just above. The market is...
Read MoreBy FX Empire.com Natural gas markets rose again on Wednesday as traders continue to collect profits from a one way trade over the past year. The market is certainly in a downtrend, and as long as we stay below the $4 mark, we...
Read MoreBy FX Empire.com Gold markets rose initially on Wednesday, only to fall back down in the end. The cluster of previous support just above the $1,600 level has acted as resistance, and the daily candle has formed a shooting star,...
Read MoreBy FX Empire.com Crude oil prices surged on Wednesday though the dollar gained after the European Central Bank offered more than expected loans for the euro-area banks, mirroring the worsening impact of the debt crisis on...
Read MoreBy FX Empire.com Gold prices declined on Wednesday, after the US dollar strengthened back though data that was out from US housing sector showed an unexpected surge in existing home sales, anyhow, pessimism reignited in markets...
Read MoreBy FX Empire.com Natural gas prices rose while energy prices rallied after the EIA report was out to show a big drop in crude oil inventories and well below median estimates, whereas the EIA report for natural gas is due out on...
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