Author: Irit Rutenberg

By FXEmpire.com The EUR/USD pair continued to be the focus of all things Forex on Monday as the weekend saw the Spanish banks receiving a bailout. The 125 billion Euro bailout was initially greeted by the market with relief and...

By FXEmpire.com The USD/JPY pair had a negative session on Monday as the markets initially felt good about the weekend deal with Spain, but turned sour overall. The candle for the session ended up being a red one, but the range...

By FXEmpire.com The GBP/USD pair initially rose during the session as the announcement of a Spanish bank bailout hit the wires this past weekend. However, as the session continued, the pop that the pair initially saw ended up...

By FXEmpire.com This pair had a massively bearish day on Monday as the 0.81 level completely let go as support. The very bottom of the recent hammers was being tested at the end of the Monday session, and as a result we think...

By FXEmpire.com The EUR/CHF pair is a manipulated market as the Swiss National Bank has put a “floor” in this market at the 1.20 handle. The selling of this pair is off limits at this point as the central bank will...

By FXEmpire.com The AUD/USD pair fell hard during the session on Monday as the “risk off” trade came back with a vengeance in the European afternoon. The parity level has served as massive resistance again, and this...

By FXEmpire.com The USD/CAD pair shot up like a rocket after first gapping to the downside on the open. The gap was filled, and the bulls went beyond that level as well. The candle from the Friday session is a shooting star, but...

By FXEmpire.com The NZD/USD pair fell precipitously on the Monday session as the 0.78 level has held as resistance again. The candle from the Friday session was a hammer, and the push higher initially would have been a strong...