By FXEmpire.com Analysis and Recommendations: Natural Gas is trading at 3.082 as investors await today’s inventory. After weeks of extremely hot weather and droughts, traders are hoping to see a drop in inventory levels....
Read MoreBy FXEmpire.com Analysis and Recommendations: Silver moved up to 27.563 following cues from the metals pack and from gold. In the midst of unrelenting worries over the eurozone debt contagion, market focus has now turned upon...
Read MoreBy FXEmpire.com Today, the President of the European Central Bank vowed to preserve the continent’s monetary union. Draghi said that the “ECB will do whatever it takes to preserve the euro,” within the EU...
Read MoreBy FXEmpire.com Yesterday, two important factors laid the groundwork for a short-term trend reversal for EUR/GBP. EUR/GBP changed hands in the 0.7780 area at the start of trading in Europe. Around the open of the European equity...
Read MoreBy FXEmpire.com This morning, oil futures prices are trading in a bearish trend in Globex electronic platform below $88.70/bbl with loss of more than 0.40 percent from yesterday’s closing. Oil prices have slipped driven by...
Read MoreBy FXEmpire.com EUR/USD rose during the Wednesday session as the gap has now been filled from the weekend. The Euro continues to have major issues, but there were comments from various higher ups in the ECB over the last few...
Read MoreBy FXEmpire.com The USD/JPY pair ended the day unchanged on Wednesday as the pair bumped along the 78 support zone. The 78 handle those represent significant support in this pair, so selling here certainly is not an option....
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/JPY declined at 94.82 as the pair remain close to record lows. The euro was able to gain a bit of momentum against the USD but not against the JPY which remains strong...
Read MoreBy FXEmpire.com The GBP/USD pair ended the session unchanged on Wednesday, as the 1.55 level remains and focus. This area was once a massive support in the consolidation area, and as such we feel that the market will continue to...
Read MoreBy FXEmpire.com Analysis and Recommendation: The NZD/USD is up today trading at 0.7912 aiming at the all impressive 80 number again. The pair added 0.29% since yesterday. The kiwi has risen against the greenback ahead of the...
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