Author: Irit Rutenberg

By FXEmpire.com The EUR/CHF pair continued to move sideways on the session for Friday as the Swiss National Bank has continued to prop this pair up and above the 1.20 level. There are reports that the SNB is buying as much as 7...

By FXEmpire.com The AUD/USD pair fell most of the session on Friday, only to turn around and bounce during the US session. This shows that there is a lot on the market’s mind and a lot of confusion as well. The weekend has...

By FXEmpire.com The USD/CAD pair rose quite a bit during the session on Friday, only to turn back around as the rumors of a bailout flew around the markets worldwide. The “hopium” trade seems to be back on the table,...

By FXEmpire.com The NZD/USD pair had a wild Friday to say the least. After first forming a shooting star and nice sell signal on Thursday, the pair turned around and formed a hammer on Friday to show real conflicting views in...

By FXEmpire.com The EUR/USD pair rose for the week overall, but it must be noted that it gave up a lot of the gains above the 1.25 level. This shows that there is still considerable pressure on the pair at the moment, and the...

By FXEmpire.com The USD/JPY pair rose sharply during the week as several members of the Bank of Japan started jawboning the value of the Yen down again. The markets certainly can remember the last two interventions in this pair...

By FXEmpire.com The GBP/USD pair ended the week higher, but gave back much of its gains by the end of Friday trading. The resulting candle was a shooting star at the bottom of a strong move lower, and this signals to us that...

By FXEmpire.com The EUR/GBP pair had a fairly strong week for most of the time over the last five sessions, but ended up giving a lot of the gains back in order to form a shooting star at the important 0.81 level. This looks as...

By FXEmpire.com The EUR/CHF pair has been one that simply won’t move. The reason is well known by now as the Swiss National Bank has mandated a “floor” in this pair at the 1.20 level. This area is being...

By FXEmpire.com AUD/USD rose during the week as the “hopium” trade came back into the markets. The Chinese will be announcing some key economic numbers over the weekend, and as such this pair could be moving quickly...