By FXEmpire.com The GBP/USD pair fell during the session on Wednesday, as the FMOC minutes released gave no suggestion of further easing out of the United States. Because of this, we now have a situation in this pair that the...
Read MoreBy FXEmpire.com The EUR/GBP pair managed to fall during the session again on Wednesday, only to bounce back and form a fairly impressive looking hammer. This doesn’t suggest to us that there is a massive trend change...
Read MoreBy FXEmpire.com The EUR/JPY pair rose during the Wednesday session as buyers stepped in at the 97 handle. This isn’t a surprise, as there was a hammer back in the beginning of June at this very level, and this often...
Read MoreBy FXEmpire.com Gold futures closed lower, capping a seesaw session as investors were mostly sidelined, waiting for the Federal Reserve’s policy-meeting minutes from June for any clues about further easing. (1571.45)...
Read MoreBy FXEmpire.com The AUD/USD market rose during the session on Wednesday to slam into the 1.03 resistance level. This was the area that the bears became aggressively resistive in this market, and as such we are watching this area...
Read MoreBy FXEmpire.com The USD/CAD pair fell during the session on Wednesday to retest the 1.0150 support level. With the oil markets having a relatively quiet day it’s not a surprise that this pair did as well. The oil markets...
Read MoreBy FXEmpire.com The NZD/USD market rose during the session on Wednesday, to slam into the 0.80 resistance level again. However, it was repelled at that point in time and it does look like the 0.80 level is going to continue to...
Read MoreBy FXEmpire.com The silver markets had a slightly bullish session on Wednesday, only to give up most of the gains. The FMOC minutes came out during the session, and there was no clear-cut mention of further quantitative easing...
Read MoreBy FXEmpire.com Light sweet crude market had a slightly bullish session on Wednesday, as it bounced from the recent support level at the $85 mark. This looks like more consolidation, but we still feel that the $90 level should...
Read MoreBy FXEmpire.com The natural gas markets had a bullish session on Wednesday as the commodity continues to grind back and forth between the $2.70 and $3.00 levels. This looks like consolidation before some type of move, and...
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