By FXEmpire.com The GBP/USD pair initially surged during the week, only to be turned back at the 1.57 resistance area. Furthermore, the weekly candle is a shooting star and suggests that we are going to fall from here. Granted,...
Read MoreBy FXEmpire.com The EUR/GBP pair fell during the previous week as the Euro continues to get pummeled. The British pound is being purchased against most currencies in general, so make sense of this pair of course fell. We still...
Read MoreBy FXEmpire.com The EUR/JPY pair fell hard during the week as the situation in Europe continues to concern traders around the world. Spanish and Italian bond yields have both risen over the last week, and as such the Euro is...
Read MoreBy FXEmpire.com The AUD/USD pair shot through the 1.03 handle during the previous week to show real strength. However, at the end of the session on Friday we saw this currency pair get repelled at the 1.04 level and the risk...
Read MoreBy FXEmpire.com The USD/CAD pair fell for most of the week, only to turn around and bounce on Friday to form a hammer. This hammer sits just above the 1.01 level, which looks to be supportive at this point in time. Because of...
Read MoreBy FXEmpire.com The NZD/USD pair managed to poke above the 0.80 level during the previous week, only to be turned around to form a shooting star. Now we see a pattern of a shooting star, hammer, and then finally a shooting star...
Read MoreBy FXEmpire.com Silver markets did very little during the Friday session, culminating a week that had a range of roughly $.20. In markets like this, it’s very difficult to make money. Because of this, we currently are not...
Read MoreBy FXEmpire.com The light sweet crude markets fell during the Friday session, only to turn around and bounce to form a daily hammer. While the candle itself isn’t that impressive, the fact that we manage to cut half of the...
Read MoreBy FXEmpire.com Natural gas markets had a nice gain for the Friday session, solidifying the bullish position above the three dollar level. This market looks like it’s trying to break down, and a move above the $3.10 level...
Read MoreBy FXEmpire.com The gold markets had a slightly bullish session on Friday, although the range seems to keep tight enough. There is a long-term down trending line that we are trying to approach, so it’s going to be...
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