Author: Irit Rutenberg

By FXEmpire.com Analysis and Recommendation: The NZD/USD gained its momentum back after the US declined in Monday’s session. The kiwi is trading at 0.8109 It was a sleepy day around the world on Monday, with markets...

By FXEmpire.com The EUR/USD pair had a back-and-forth session during the Monday trading day, to in the session and basically unchanged. The candle is very neutral, and sitting on an uptrend line from the rising wedge that...

By FXEmpire.com GBP/USD rose during the Monday session, but was repelled again just above the 1.57 level. This area has acted as massive resistance over the last few weeks, and we think that it is without a doubt the most...

By FXEmpire.com The EUR/GBP pair fell during most of the session on Monday, but did bounce in order to form a hammer. The 0.7850 level looks to be supportive at this point in time, and it bounced does seem likely. However, we...

By FXEmpire.com The EUR/JPY pair fell during the session after going back and forth on Monday. The pair looks like it’s trying to find some type of support in the 98 region, and as such we aren’t quite ready to sell...

By FXEmpire.com AUD/USD rose during the session on Monday, albeit in a fairly weak fashion. The market is approaching the uptrend line from the ascending channel, and as such we think the support will start to step back into the...

By FXEmpire.com The USD/CAD pair did very little during the Monday session as we formed a decidedly neutral candle. The market is being supported just under the 0.99 level, and it looks like we are going to tread water for the...

By FXEmpire.com The NZD/USD pair attempted to rally on Monday, but fell a little bit flat. It formed a shooting star at the same place that it had been doing a few weeks ago, and as such it does look like this is an area that...