By FX Empire.com The gold markets fell again on Thursday as the safe haven trade continues to unwind. The market is far too bullish to sell, and we note that the later hours saw the market bounce slightly off of the lows, and...
Read MoreBy FX Empire.com The USD/JPY pair originally shot up during the Thursday session, but quickly retreated as the word got out that 5 central banks are increasing the available Dollars for banks to lend each other in Europe....
Read MoreBy FX Empire.com USD/CHF fell on Thursday, but has bounced off of the 200-day moving average. The pair is a “buy only” pair as the USD is the last remaining global safe haven, and the CHF is being actively worked...
Read MoreBy FX Empire.com USD/CAD fell on the Thursday session, falling far enough to find the recent lows in the 0.9850 area. The support area we have marked is between 0.98 and 0.97 as far as larger support, and as such – we feel...
Read MoreBy FX Empire.com NZD/USD found itself chopping around during the Thursday session, and has shown the 0.81 area to be supportive. The pair will be hard to short until we break the 0.80 level – an area we see as vital to the...
Read MoreBy FX Empire.com The GBP/USD pair rose on Thursday as the hammer from the Wednesday session was triggered for a buy signal. However, towards the end of the session, the buying abated and even formed a 4 hour shooting star at the...
Read MoreBy FX Empire.com The EUR/USD pair spiked on the session during Thursday as the announcement of USD liquidity measures out of no less than 5 central banks will help the EU banks borrow in USD. The move effectively takes a lot of...
Read MoreBy FX Empire.com The EUR/CHF continues to barely move as the pair has been effectively killed by the Swiss National Bank. The Thursday action did see a slight rise in the value of the Euro versus the Franc, but it was minor in...
Read MoreBy FX Empire.com The EUR/USD pair fell hard, rose, fell again, and then finally rose during a wild session in the markets on Wednesday. The pair is decidedly bearish, and looks like a sell by most accounts. The chart does look...
Read MoreBy FX Empire.com The USD/JPY pair fell on Wednesday as traders continued to dump the USD in general. The markets were choppy during the session, but the events in Europe are still leading the charge as far as direction overall....
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