Author: Irit Rutenberg

By FXEmpire.com The EUR/GBP pair had a strong session on Friday in order to slam into the 0.81 level by the end of the session. The pair closed at the top of the daily range, signaling that the momentum is with the bulls at the...

By FXEmpire.com The EUR/CHF pair continues to move sideways as the Swiss National Bank keeps the 1.20 floor in this market. The SNB is said to be actively buying Euros at the first sign of trouble in this pair, and as a result...

By FXEmpire.com The AUD/USD pair had a bearish day on the Friday session as the Non-Farm Payroll reports in America came out very weak. However, the bounce at the end of the day managed to form a hammer in this pair, and because...

By FXEmpire.com The USD/CAD pair shot straight up for the session on Friday as the Non-Farm Payroll number came out very weak. The mere 69 thousand jobs that America added suggests that the demand for Canadian crude will be very...

By FXEmpire.com The NZD/USD pair fell most of the session on Friday, but was thrown a lifeline at the end of the day. The hammer that has formed suggests that we could see a bounce, and a break of the 0.77 level would have the...

By FXEmpire.com The EUR/USD pair fell through the 1.25 level during the week as the headlines continue to be poor out of Europe. The Friday session saw a very poor Non-Farm Payroll number out of America, and this has a lot of...

By FXEmpire.com USD/JPY fell hard for the week as the economic outlook continues to dim globally. The 78 handle begins the start of a massive support band all the way to the 75 handle, and as a result a bounce from here is...

By FXEmpire.com The GBP/USD pair had a horrible week as the risk off trade is certainly back in the markets. The 1.53 level is massive support, so we think a bounce could be coming. The breaking of this level would suggest that...

By FXEmpire.com The EUR/GBP pair had a bullish week over the last five sessions as the 0.80 level continues to hold. The 0.80 handle is a magnet for prices in this pair historically, so it makes sense that the pair will find...

By FXEmpire.com The EUR/CHF pair continues to be a pair that simply cannot be traded on any long term basis. The Swiss National Bank has been very effective in keeping the pair above the 1.20 handle, and has pledged to buy...