Author: Irit Rutenberg

By FXEmpire.com Analysis and Recommendations: The USD/CAD will close the week close to 1.0222. CAD is strong, having retraced all of yesterday’s losses. The shift comes on the back of developments in Europe and a...

By FXEmpire.com Analysis and Recommendations: The EUR/USD is trading at 1.2597 After an encouraging release from the EU summit, which saw the euro soar 2 cents in just a short time, pushing it well above the 1.26 level, but...

By FXEmpire.com Analysis and Recommendations: The GBP/USD will close the week, and the quarter at 1.5617. Consumer confidence remains weak, as the GfK indicator is unchanged at -29. The BoE has also released its financial...

By FXEmpire.com Analysis and Recommendations: The EUR/GBP soared to end the month at 0.8066. In the early morning hours today, the Finance Ministers released a plan for a short term solution for the EU; the plan was precise and...

By FXEmpire.com Analysis and Recommendations: The EUR/JPY skyrocketed today, to close the week at 100.12. The euro gained against all of its trading partners after the EU Ministers released a statement with a plan for the EU...

By FXEmpire.com The silver markets fell during the session on Thursday as the risk off trading comes back into vogue. Recently, we had informed you that the $27 level was significant support that we felt could lead down to the...

By FXEmpire.com The light sweet crude market fell during the session on Thursday, as the overall risk appetite fell in most markets. The $80 level has been violated, and it does look like we are going to fall from here. There is...

By FXEmpire.com The natural gas markets had another wild session during the Thursday trading day, as the breakdown of the bottom of Wednesday’s hammer triggered many short orders, ourselves included. Obviously, based upon...

By FXEmpire.com The gold markets fell during the Thursday session as the “risk off” trade came back into play. With the European Union summit going on for the next 48 hours, it is very likely that traders will not...