Author: Irit Rutenberg

By FXEmpire.com Analysis and Recommendation: The USD/JPY continues strong trading at 78.43. The dollar fell to levels around 78 yen in Tokyo trading Monday following dismal U.S. jobs data, but the downside was supported by...

By FXEmpire.com Analysis and Recommendation The NZD/USD is trading up at 0.7588. The New Zealand dollar rose after the Group of Seven leaders agreed to discuss Europe’s debt crisis, easing concern that more banks will need...

By FXEmpire.com Analysis and Recommendation: The AUD/USD is soaring since the RBA announcement this morning. The pair is currently trading at .9792 adding 0.0065. In a simple statement earlier today, “The Reserve Bank of...

By FXEmpire.com The EUR/USD pair had a positive session on Monday as the rumors of a plan in Europe continue to work their way around the currency desks globally. The fact is that the Europeans have had one “plan”...

By FXEmpire.com The USD/JPY pair had what is known as an “inside day” on Monday, as the entire range fit within the range of the Friday candle. The pair looks as if support is coming into play at the 78 handle, and...

By FXEmpire.com The GBP/USD pair had a mildly bullish session on Monday as the pair couldn’t quite bounce after forming the nice hammer form the Friday session. The UK was downgraded by Egan-Jones rating agency, and as a...

By FXEmpire.com All the Asian indices are trading the green. Shanghai and Hang Seng are up by 0.3% and 1% respectively. Nikkei and Kospi are trading in the green up by 0.6% and 0.9% respectively while Strait Times and Taiwan are...

By FXEmpire.com The EUR/GBP pair had a positive day on Monday as it broke through the 0.81 handle finally. The UK was downgraded by Egan-Jones after the US session, and as a result some funds will have had to exit the Pound. The...

By FXEmpire.com The EUR/CHF pair continues to sit still as the Swiss National Bank continues to hold firm on the 1.20 floor in the pair for the Monday session. The level will be defending vigorously, and as a result selling...

By FXEmpire.com The AUD/USD pair rose during the session on Monday to form another hammer to show even more support. The pair looks as if it is trying to rally, and the Aussie is probably oversold at this point in time. The...