By FX Empire.com Natural gas continues to fall as the last week has seen quite the selloff in this obviously bearish market. The supply far outweighs the demand in this economy, and the technicals are obviously broken down. With...
Read MoreBy FX Empire.com Gold markets had an absolutely brutal week over the last 5 session as the “risk off” trade came back into vogue. The $1,550 level has held so far, and the Friday session showed that the $1,600 to...
Read MoreBy FX Empire.com Light Sweet Crude The CL contract found support in the $92.50 level on Friday, an area that is minor support. The market has been sold off hard over the last several sessions and a bounce looks ready to come....
Read MoreBy FX Empire.com Friday saw the second quiet day in the natural gas pits in a row. The recent selloff has been brutal, and the market certainly needs to take a rest. With the holidays quickly approaching, the volume will shrink,...
Read MoreBy FX Empire.com The Friday session saw gold regain some of its losses for the week, albeit in a very small way. The session actually broke the top of the shooting star on Thursday, and could be the start of a possible bounce as...
Read MoreBy FX Empire.com The USD/JPY pair advanced last week but it still trading in the same range, as the dollar and the yen advanced against other major currencies with the high levels of risk aversion that dominated the financial...
Read MoreBy FX Empire.com In the week ended Dec. 16, the USD/CHF showed incline for the second week as the tensions stemming from the euro area enhanced demand on the dollar as a refuge. The rise in Italian bond yields, downgrade by...
Read MoreBy FX Empire.com The NZD/USD pair retreated last week to reach its lowest level in three weeks, where the current risk aversion in the FX market led the higher-yielding currencies to fall against the safe haven dollar. The New...
Read MoreBy FX Empire.com In the week ended Dec. 16, the GBP/USDshowed decline as the tensions stemming from the euro area enhanced demand on the dollar as a refuge. The rise in Italian bond yields, downgrade by Fitch to large European...
Read MoreBy FX Empire.com The AUD/USD pair dropped heavily last week reaching its lowest level in two weeks, where the US dollar advanced sharply against higher-yielding currencies such as the Aussie with the risk aversion dominating the...
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