Author: Irit Rutenberg

By FXEmpire.com Today crude oil prices are holding above $93.5/bbl. with a marginal gain in early trading. From the fundamental prospective a decline in crude oil inventory along with other petroleum stocks might continue to...

By FXEmpire.com The US dollar index had a fairly quiet session on Wednesday as the markets simply have no strong economic news to move them in either direction. However, we are at the bottom of an up trending channel, so we look...

By FXEmpire.com The S&P 500 index had a very quiet session on Wednesday as there were simply no heavy news related issues out there to push the markets around. Much like the Dow Jones 30, we find ourselves at the top of an...

By FXEmpire.com The FTSE 100 had another positive session on Wednesday as we broke above the 5820 level in order to make a new high over the resistance point back in May. The index looks relatively strong, but we are starting to...

By FXEmpire.com The Dow Jones Industrial Average had a very quiet session on Wednesday as their simply little in the way of news to push the stock markets in either direction. The average has been trending upwards since early...

By FXEmpire.com The EUR/USD pair fell during the session on Wednesday but bounced enough to form a hammer. The 1.23 level looks as if it’s acting as support currently, and as such we think that a break down below that...

By FXEmpire.com The USD/JPY pair had a relatively bearish session on Wednesday as it fell to the 78.20 level, but managed to bounce after that in order to form a hammer. This market still looks supported by the 78 handle in our...

By FXEmpire.com GBP/USD rose during the session on Wednesday in an attempt to break above the shooting star from the Tuesday session. Considering that there was little news to move the markets overall, it should be said that...

By FXEmpire.com EUR/GBP fell during the Wednesday session as follow-through from the failures on Tuesday and Monday to break above the 0.7950 level were realized. The pair looks as if it has reached an area that is going on for...