By FX Empire.com Natural gas markets had another negative week these past 5 trading sessions, but remains in the consolidation range that it has been in for a few weeks now. The $4 level seems to be the “ceiling”,...
Read MoreBy FX Empire.com The gold markets rose over the course of the past week, and have even confirmed the $1,700 level as supportive. This looks very bullish for the market, and we feel that the easiest route now will be upwards. The...
Read MoreBy FX Empire.com Light Sweet Crude The CL contract had an initially bearish day for Friday, but bounced back later in the session to form a hammer. It appears that the $95 level will be challenged, and that there is significant...
Read MoreBy FX Empire.com Natural gas markets had another negative day on the Friday session, albeit in a fairly tight a small range. The trend has been decidedly bearish for quite some time now, and as a result – we have been...
Read MoreBy FX Empire.com The gold markets pulled back on Friday as traders preferred to enter the weekend “flat” ahead of any potential G20 announcements. The market has certainly broken out over the last two weeks, so we...
Read MoreBy FX Empire.com The USD/JPY pair soared last week to its highest level in three months, after the Bank of Japan intervened in the FX market for the third time this year, trying to prevent the yen from further gains against the...
Read MoreBy FX Empire.com The USD/CHF rebounded in the week ended Nov. 4 after three weeks of incline as the tensions in markets sparked demand on theU.S.as the most favorable safe haven amid expected further intervention from the SNB to...
Read MoreBy FX Empire.com The NZD/USD pair dropped last week to its lowest level in three weeks, as the New Zealand fundamentals and the current EU crisis encouraged investors to abandon Kiwi. The New Zealand economy reported a drop in...
Read MoreBy FX Empire.com The GBP/USD fell in the week ended Nov. 4 after showing a rise over the past few weeks as the tensions in markets and weak fundamentals triggered safety demand on the U.S. dollar as a safe haven. Fears reignited...
Read MoreBy FX Empire.com The AUD/USD pair retreated sharply last week on expectations that the global economy will suffer further if the European Leaders fail to control the financial crisis. The latest updates from the EU debt crisis...
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