By FXEmpire.com The EUR/GBP pair had a slightly bullish day during the Tuesday session, but failed to recapture a significant portion of the losses on Monday. The still suggests to us that this pair ultimately will fall, and the...
Read MoreBy FXEmpire.com The EUR/JPY pair had a bullish session on Tuesday as the “risk on” trade came back into Vogue. The 100 handle acted as support again, and this does suggest that the pair may have an actual upwards...
Read MoreBy FXEmpire.com AUD/USD had another positive session on Tuesday as the risk on sentiment continues. The market broke the top of the shooting star from the Monday session, and this is a fairly bullish sign. Also, the fact that we...
Read MoreBy FXEmpire.com The USD/CAD pair fell during the Tuesday session as the oil markets broke above the $85 barrier. This does suggest this pair is going to continue much lower, perhaps to the parity level before hitting any...
Read MoreBy FXEmpire.com The NZD/USD pair rose slightly during the Tuesday session as the bullish sentiment continues. Granted, it wasn’t a massive green candle, but when you look at it in the context of being the fourth one in a...
Read MoreBy FXEmpire.com The silver markets gained as the commodity markets in general did well during the Tuesday session. The risk on rally lifted all boats, and the silver markets of course were no different. However, we do see...
Read MoreBy FXEmpire.com During the Tuesday session we saw the light sweet crude contract break above the $85 mark. This area was the beginning of what we felt was to be significant resistance. However, we also anticipated it to be a...
Read MoreBy FXEmpire.com The natural gas markets rose again on Tuesday as it looks like traders are trying to break out of the sub $3 level. We recently had taken a short position based upon a shooting star last week, and now are...
Read MoreBy FXEmpire.com The gold markets managed to push higher during the Tuesday session as open speculation on further easing around the world continues. Certainly, the Euro will be weakened over time, and it does appear that we...
Read MoreBy FXEmpire.com U.S. markets closed for the Independence Day holiday. Early morning the Chinese services PMI further deteriorated indicating weak economic activity and supported weak price performance of metals pack. However,...
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