By FX Empire.com The NZD/USD pair fell on Friday, but managed a bounce later in the US session. The bounce makes us believe that the Kiwi could bounce back into the 0.78 – 0.82 levels. The area could continue to be...
Read MoreBy FX Empire.com EUR/USD fell this past week, and even broke down below the bottom of the very supportive hammer from two weeks ago. Because of this, we think the next overall move is to the downside. The 1.40 area should be...
Read MoreBy FX Empire.com The USD/JPY pair got a massive pop at the start of the week due to Bank of Japan intervention on Monday morning. However, the move was unilateral, and these moves almost always fail. In fact, the BoJ did this...
Read MoreBy FX Empire.com GBP/USD fell on this past week, but managed to find support in the form of 1.60 at the close of business. The pair looks like it has had a pullback, and that it is ready to try and bounce from here. The breaking...
Read MoreBy FX Empire.com USD/CHF rose during week, and looks like it has fully bounced off of the 0.85 level. The pair is a “risk off” pair when it runs up now, as the Dollar is the last safe haven currency left. The Pair...
Read MoreBy FX Empire.com The EUR/CHF pair almost sat still for the week as it exited unchanged. The area just below is the “floor” that was imposed by the Swiss National Bank, so selling isn’t an option at this point....
Read MoreBy FX Empire.com AUD/USD had poor week over the last 5 sessions, but did manage to find a bit of support in the 1.03 area. The level has been supportive in the past, so this is a good sign. The breaking of the 1.07 on a weekly...
Read MoreBy FX Empire.com USD/CAD bounced this past week as traders sold off a lot of risk-related assets globally. The pair finished strongly above the parity level, and as such has us thinking long at this point. However, the 1.03 area...
Read MoreBy FX Empire.com The NZD/USD pair fell this past week, but did see a bit of a bounce in the Friday session. The pair is highly sensitive to headline risks out there, and as a result has been very difficult on traders. The latest...
Read MoreBy FX Empire.com Light Sweet Crude CL had a positive week, but the market still remains in a range bound phase between $90 and $95. The $95 area seems to be massive resistance, but the fact that the Friday candle was a hammer...
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