posted by
FXEmpire
99 days ago
in USD, EUR, Technical
EUR/USD rose during the session on Thursday as the market found the 1.30 level as being overly supportive. The pair had been bearish for much of the session, but as if on cue – the market suddenly found good news when it needed it the most. This
posted by
FXEmpire
99 days ago
in USD, GBP, Technical
GBP/USD rose during the session on Thursday, and acted like it was shot out of a cannon. The pair has recently pulled back, but the bullish action for the session will have many of the bears running. The 1.58 area is where we are approaching at t
posted by
FXEmpire
99 days ago
in USD, NZD, Technical
The NZD/USD pair fell initially on Thursday as the risk off trade continued. However, the middle of the session had word of the European Central Bank getting ready to swap their Greek bonds for longer maturities, and this helped alleviate some of
posted by
FXEmpire
99 days ago
in USD, CAD, Technical
The USD/CAD pair initially spiked during the session as we started out with a “risk off” attitude. However, if you have been watching our videos, you know that the 1.01 area is a place that we saw significant resistance coming back into the marke
posted by
FXEmpire
99 days ago
in USD, CHF, Technical
USD/CHF fell during the Thursday session as the markets reversed course when it was announced the ECB could be swapping their shorter term debt bought in Greece for longer dated ones. The move hasn’t been confirmed yet, but the markets traded as
posted by
FXEmpire
99 days ago
in USD, JPY, Technical
USD/JPY rose again on Thursday as the US jobless claims number came out at the lowest level in 4 years. The pair is massively beat down over the last few years, but the truth is that the 80 level looms large above this recent surge. The move has
posted by
FXEmpire
99 days ago
in Technical, Daily, Gold
Gold markets continue to grind sideways as the $1,700 level holds as support. The market is going to continue to get a boost from the central bank around the world printing currency and easing monetary policy. However, the Dollar surge from time
posted by
FXEmpire
99 days ago
in Technical, Daily, Agriculture
The natural gas markets bounced on Thursday as the $2.40 level continues to hold as support. The market has be overly bearish, but the last several sessions have suggested that perhaps some big accounts are starting to take a shot on the future o
posted by
FXEmpire
99 days ago
in USD, AUD, Fundamental
The Core Producer Price Index (PPI) measures the change in the selling price of goods and services sold by producers, excluding food and energy. The PPI measures price change from the perspective of the seller. When producers pay more for goods a
posted by
FXEmpire
99 days ago
in USD, EUR, Fundamental
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends an
posted by
sbx
99 days ago
in USD, EUR, Fundamental
(Dow Jones via eFXnews)Ample scope for EUR to rally further, says BNP Paribas, which thinks we could see EUR gains "extend on short-covering ahead of a weekend likely peppered with....
posted by
FXEmpire
99 days ago
in USD, GBP, Fundamental
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends an