By FX Empire.com USD/JPY continues to hang in around the 78 handle, and as such – it is providing little in the way of short-term trading opportunities. The intervention has scared many of the traders away, but these...
Read MoreBy FX Empire.com The GBP/USD pair had a range bound day on Monday as traders still look for direction in terms of the “risk on” or “risk off” trade. The markets are very volatile, and will more than...
Read MoreBy FX Empire.com USD/CHF rose during the session on Monday as officials out of Switzerland stated that they are willing to do what it takes to weaken the Franc. This move ran counter to what went on in all of the usual...
Read MoreBy FX Empire.com The EUR/CHF pair rose quite strongly during the Monday session as Swiss officials reiterated their resolve to weaken the Franc against the Euro and all other currencies. With this in mind, a breakout could come,...
Read MoreBy FX Empire.com AUD/USD fell on Monday, but managed a bounce again as American traders continue to ignore any signs of global economic issues. The pattern has been the same for a while: Asians and Europeans tend to sell off...
Read MoreBy FX Empire.com USD/CAD had a down day on the session for Monday, as traders piled into the oil markets. The pair seemed to focus on this during the session, and as such – the standard correlation between the value of the...
Read MoreBy FX Empire.com NZD/USD had a fairly quiet day on Monday as the 0.8000 level still manages to keep a lid on the market. The area has to be overcome in order for the Kiwi to accelerate the recent gains it has seen. The pair did...
Read MoreBy FX Empire.com Light Sweet Crude The CL contract broke out during the Monday session as the $95 level has given way. The next stop for this market looks to be $100, and that should be a massive resistance area. The uncertainty...
Read MoreBy FX Empire.com Natural gas futures finally broke through the $3.75 level on Monday, as a return to weakness seems to be in order. The market is essentially a “sell only” one, so this latest breakdown has us...
Read MoreBy FX Empire.com Gold rose rapidly during the Monday session as traders continue to shed fiat currencies and the risk associated with them. The gold markets give traders the ability to hide from the risks associated with...
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