By FXEmpire.com The EUR/GBP pair rose during the session on Wednesday as the Euro finally got a bit of a bid. However, this may have been more of a reflection on the Pound as the preliminary GDP out of the United Kingdom came in...
Read MoreBy FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 78.14 within a range that it has been stuck in most of the week. Regardless of statements or threats implied by the BoJ or the MoF, the strength of the JPY...
Read MoreBy FXEmpire.com The EUR/JPY pair bounced during the session on Wednesday, as the 94 handle continues offer significant support. This was first seen during the Monday session as we formed a nice hammer, and has been confirmed on...
Read MoreBy FXEmpire.com The AUD/USD pair rose during the session on Wednesday after initially breaking through the uptrend line of the rising channel that we have been following. The breakdown through that support level was false in...
Read MoreBy FXEmpire.com Analysis and Recommendation: The AUD/USD is trading at 1.0317 picking up momentum on the weakening USD. The Aussie is just following suit in terms of what happened with the Dow Jones. Although comments from an...
Read MoreBy FXEmpire.com The USD/CAD pair fell significantly during the Wednesday session as oil prices got a bit of a boost at the $88 level. We find this pair sitting right at the 1.0150 level, which was an area of focus in the recent...
Read MoreBy FXEmpire.com The NZD/USD pair bounce during the Wednesday session, to retest the 0.79 level. 0.79 was the start of support in the previous consolidation range, and breaking that support level suggested that we were going to...
Read MoreBy FXEmpire.com The silver markets got a little bit of a boost during the session on Wednesday as the risk appetite around the world improved slightly. However, we are well within the recent consolidation range, and this...
Read MoreBy FXEmpire.com Light sweet crude markets initially dipped during the Wednesday session, to bounce back and form a hammer. This is formed just above the $88 level, which of course we previously had as resistance. This is classic...
Read MoreBy FXEmpire.com The natural gas markets fell during the session on Wednesday to come back down to the $3.05 level. This candle is very bearish, but we can still see fairly significant support at the three dollar level. If we get...
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