By FX Empire.com USD/CHF fell this previous week as traders dumped the USD in mass on Friday. The hope that the EU is going to produce some kind of massive bailout package over the weekend is part of what is fueling the massive...
Read MoreBy FX Empire.com The EUR/CHF pair fell for the week as the pair continues to trade in a tight range. The market is being artificially propped up by the Swiss National Bank as the SNB is working with a “floor” at...
Read MoreBy FX Empire.com AUD/USD rose during the Friday session to form a hammer for the week. This is a very bullish sign, but the market is about to find that the 1.03-1.05 area is massive resistance. Because of this, we aren’t...
Read MoreBy FX Empire.com USD/CAD fell on the week, but remains above the parity level that we have marked as massive support. The market continues to be held hostage by the oil markets, and those looks like they could be ready for a...
Read MoreBy FX Empire.com NZD/USD had a bullish day on Friday and broke back above the 0.8000 level as traders felt the need to go “risk on” as the EU meeting was being held on Sunday. The Kiwi is very sensitive to the risk...
Read MoreBy FX Empire.com Light Sweet Crude CL had a fairly choppy week over the last 5 sessions, but still remains under the crucial $90 resistance level. The market has a particularly “range bound” feel to it, and we think...
Read MoreBy FX Empire.com Natural gas markets fell again the previous week as the bear market shows no real signs of slowing down. The supply is simply too much for any conceivable demand, and the rallies have only been chances to sell....
Read MoreBy FX Empire.com The gold markets fell during the previous week, but still remain above the all-important $1,600 level as it continues to prove to be very supportive. The market has been positive and bullish for 10 years or so...
Read MoreBy FX Empire.com Light Sweet Crude CL had a bullish day on the Friday session, but pulled back in later hours to form a shooting star for the session. This is a bearish sign, and just under the all-important $90 level as well....
Read MoreBy FX Empire.com The natural gas markets rose after initially falling on Friday. The result is a hammer in the December contract. Based upon this, it looks as if we could see a bit of a bounce at this point in time, but the...
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