Author: Irit Rutenberg

By FXEmpire.com The EUR/USD pair had a fairly quiet session on Friday as the 1.25 level continue to hold the support. However, it does in fact look like we are trying to form some type of bearish flag. This is a very similar...

By FXEmpire.com The USD/JPY pair rose during the Friday session as the Yen weakened overall. The 80 level looks very resistive overall, and the top of this resistance level is the 80.50 spot. A break above that would have this...

By FXEmpire.com GBP/USD fell just slightly at the end of the session on Friday as the market seemed content on digesting the losses on Thursday. The 1.57 level held the bulls down, and as a result we think this pair is looking...

By FXEmpire.com The EUR/GBP pair had a slightly positive day on Friday as the market took profits on several different currency pairs. The pair is currently forming a bearish flag, and a break below the uptrend line would...

By FXEmpire.com The EUR/JPY pair rose during the Friday session in order to break the 101 level. The candle from Thursday is a shooting star, and is based right at the 50% Fibonacci retracement level. Because of this, we think a...

By FXEmpire.com The AUD/USD pair managed to bounce on Friday, in order to form a bit of a hammer. What is most interesting about this hammer is that it is sitting just above the parity level. Because of this, we think a bounce...

By FXEmpire.com The USD/CAD pair fell most of the session on Friday in order to retrace half of Thursday’s gains. The pair will be highly influenced by the oil markets, and the oil markets are currently testing serious...

By FXEmpire.com NZD/USD gained slightly for the session on Friday to recoup some of the losses experienced on Thursday. However, the bounce was a very slight one, and more importantly stopped at the top of the most previous....

By FXEmpire.com The EUR/USD pair fell during the week as the problems in Europe remain in the forefront of traders’ minds. With all the drama going on in the zone, it’s very difficult to buy and hold Euros for any...

By FXEmpire.com The USD/JPY pair shot straight up during the week as the dollar found its footing against most currencies for the week. The 80 handle continues to be the epicenter of resistance for our money, and has still price...