By FX Empire.com gold markets had a bearish week over the last 5 sessions as traders continue to sell off winning trades to pay for losing ones. The margin calls have been frequent in the markets, and the winners have to be...
Read MoreBy FX Empire.com The USD/JPY pair had a very positive week for the last 5 sessions, but one has to keep in mind the extreme amount of bearishness in this pair to begin with. The longer-term weekly charts clearly show that the...
Read MoreBy FX Empire.com USD/CHF rose during the week as traders continue to run towards the Dollar in general. The Swiss National Bank is also working against the Franc, so it makes sense that this pair rose, and should continue to as...
Read MoreBy FX Empire.com The USD/CAD pair shot straight up during the week as traders continue to buy the US dollar hand over fist. The risk profile of the markets is being reduced as the world worries about recession and debt markets....
Read MoreBy FX Empire.com NZD/USD had a rough week over the last 5 sessions as the 0.75 level gave way. This crucial area is the start of the absolute bottom of support in this market, and a violation of it could rush in a bit of a...
Read MoreBy FX Empire.com The GBP/USD pair had a horrible showing this past week as the world continues to run towards the US Dollar. The pair is currently sitting in the middle of the “line in the sand” of 1.55 – 1.53....
Read MoreBy FX Empire.com EUR/USD fell hard during the week as the debt crisis is starting to infect Germany as well. The Germans had a failed debt auction this week, and the markets got spooked as a result. The pair is decidedly broken...
Read MoreBy FX Empire.com The EUR/GBP pair initially rose during the week, but was sold off in the second half as bond auctions went very poorly throughout the EU. The markets are starting to abandon the EU in general and the Euro as a...
Read MoreBy FX Empire.com EUR/CHF had a bearish week this past week as traders reacted to the relatively weak bond auctions in the EU. The Germans even had trouble selling debt, and as a result this pair sold off. The Swiss National Bank...
Read MoreBy FX Empire.com The AUD/USD pair had a bearish week again as the world’s risk appetite continues to deteriorate. The pair is rapidly approaching a hammer on the weekly chart that was the start of the most recent up move...
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