By FX Empire.com The USD/CHF pair rose for the week, but fell later in the sessions to form a shooting star. However, the Friday candle looked bullish. This confusion is probably reflective of a battle between the Swiss National...
Read MoreBy FX Empire.com EUR/CHF rose during the week as the EU begins to worry more about getting things done, and started to work towards a resolution. The pair looks like it is ready to test the 1.25 level and if it does – this...
Read MoreBy FX Empire.com The AUD/USD pair fell during much of the week, but got a bounce to form a hammer just above the parity level. This bounce shows that there could be massive buying of the Aussie as the “risk on” trade...
Read MoreBy FX Empire.com USD/CAD fell this past week after rising, and stopped to form a shooting star that looks very negative at first glance. However, there is a massive support area in the form of parity and 0.99, so we aren’t...
Read MoreBy FX Empire.com NZD/USD rose during the Friday session to form a hammer-shaped candle for the week. The 0.8000 level is just above, and looks resistive however, so buying at this point isn’t wise until we clear that...
Read MoreBy FX Empire.com Light Sweet Crude The CL shot up during the week as traders piled into the oil markets in general. The USD had a rough bout over the last several sessions, and as such – commodities rose in general. The...
Read MoreBy FX Empire.com The natural gas markets fell over the previous week to continue the massive downtrend in this market. The supply is simply far too great for the demand to catch up, and until that changes, it will be hard to...
Read MoreBy FX Empire.com The gold market rose during the week as the EU has gone back and forth with the debt crisis, and the market has risen to find the $1,800 mark. The level caused a pushback, and as one would expect after a run to...
Read MoreBy FX Empire.com Light Sweet Crude The CL shot up again on Friday as the “risk on” trade continued. The market seems to be gravitating towards the $100 mark, and as a result we feel this move is coming close to an...
Read MoreBy FX Empire.com The natural gas markets fell again on the Friday session as traders continue to pound the natural gas markets. The $3.50 level is just below, and it looks like that is the next support level we are aiming for,...
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