By FXEmpire.com This morning crude oil futures prices are trading below $87/bbl with a marginal loss of 0.20 percent in electronic platform. Most of the Asian equities are trading up on expectation of monetary stimuli in China...
Read MoreBy FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 79.08 on a quiet Monday morning session in Asia. Japanese markets are closed for a local holiday, and there has been little eco data since the early in the...
Read MoreBy FXEmpire.com Analysis and Recommendation: The AUD/USD is trading flat today, at 1.0225 after rebounding on Friday. Chinese GDP data released on Friday showed growth of 7.6 per cent in the second quarter of 2012 –...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/JPY continues to decent, as the JPY is extremely strong against all of its trading partners. The pair is trading at 96.82 down 0.16 during the Monday Asian session. Japanese...
Read MoreBy FXEmpire.com Analysis and Recommendation: The NZD/USD is trading at 0.7963 adding some pips in today’s trading session. Markets and traders are still breathing a sigh of relief after the release of Chinese GDP data...
Read MoreBy FXEmpire.com Gold closed higher, trading up for the first in4 days, after getting some support from a drop in the US dollar and as data showed China’s economy slowed in line with expectations in the second quarter. Gold...
Read MoreBy FXEmpire.com Introduction: The cross tends to move in ranges, with relatively clear barriers. The narrower ranges made it somewhat harder, but it seems to return to wider ranges. The GBP is does not seem to move in response...
Read MoreBy FXEmpire.com Introduction: While the ranges are wider (and so should stops be), the lines are rather distinctive, especially towards the borders of the long term wide range. This pair makes for good trades, with the new...
Read MoreBy FXEmpire.com The EUR/USD pair bounced during the Friday session, as the 1.22 level held as support. This bounce will more than likely signal an opportunity to sell this pair again, as the trend is so obviously bearish. For...
Read MoreBy FXEmpire.com The USD/JPY pair fell during the Friday session to pierce the 79 handle. This level has been supportive in the past, and Friday’s action was no different. The area has been supportive over the last couple...
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