By FX Empire.com AUD/USD fell very hard during the week as traders continue to shun the riskier assets around the world. The Aussie is very risk-sensitive, so the fall was to be expected. The parity level is currently holding up...
Read MoreBy FX Empire.com USD/CAD continued to hang about in its recent consolidation area for the week, but is pressing the top of the range in the form of the 1.03 level. The pair had recently broke out of consolidation and popped,...
Read MoreBy FX Empire.com NZD/USD fell very hard during the week as traders continue to shun the riskier assets around the world. With the Kiwi being so sensitive to risk appetite, this pair was always going to fall. As long as there is...
Read MoreBy FX Empire.com Light Sweet Crude The CL contract had reversal week in the markets and suggests that the commodity could be pulling back from these levels. The shooting star that was formed shows that the market could rapidly...
Read MoreBy FX Empire.com Natural gas markets continue the dive over the past week as the supply simply overwhelms any demand that is out there. The market looks oversold at this point, and we are expecting a short-covering rally in the...
Read MoreBy FX Empire.com The gold markets had a rough week as the risk off trade came back into focus. A lot of margin clerks were undoubtedly busy this week, and funds more than likely had to sell off winning positions to cover massive...
Read MoreBy FX Empire.com Light Sweet Crude The CL contract had a down day on Friday as traders continue to worry about economic growth in the EU and beyond. The rise of the Dollar is also starting to wear out the oil markets, and the...
Read MoreBy FX Empire.com Natural gas markets sold off again on Friday to continue the downward pressure on the commodity. The $3.50 level has given way, but the market seems a bit oversold at this point in time. With this in mind, we...
Read MoreBy FX Empire.com Gold markets had a quiet day on Friday, which is exactly what bulls want to see after Thursday’s large selloff. The market looks supported in this area, and we think that another day or two of calm is...
Read MoreBy FX Empire.com Crude oil prices were little changed last week in volatile trading amid the high level of uncertainty that is surrounding the outlook of the European debt crisis on mounting fears the European debt crisis is...
Read More
