Author: Irit Rutenberg

By FXEmpire.com The light sweet crude markets fell during most of the session on Monday, but did manage to bounce off of the $95 level in order to form a hammer. Among many of the risk asset classes on Monday, we saw this exact...

By FXEmpire.com The natural gas markets fell originally during the Monday session, but bounced to get off of the $2.70 level to show it as support. This has been the case lately, and the bounce would not have been much of a...

By FXEmpire.com The gold markets are starting to look more and more bullish. The candle for the Monday session had actually been negative at one point, but bounce in order to form a hammer. This hammer is just underneath the...

By FXEmpire.com Europe’s leading shares fell yesterday; dragged down by weakness in banks, as the European Central Bank and Germany’s finance ministry deflated optimism the ECB would cap peripheral bond yields in an...

By FXEmpire.com Analysis and Recommendations: The EUR/USD is fluctuating but staying close to even, at present it is trading at 1.2314 on denials of rumors of the ECB bond cap program. There is not much to look for in terms of...

By FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.0446 as the stronger USD adds a few pips on the back of Friday’s consumer confidence release which gave momentum to the greenback. There has been...

By FXEmpire.com Analysis and Recommendations: The EUR/GBP is trading at 0.7846 dropping a couple points in a very quiet day. There was only the Rightmove House Price Index which continued to decline, out of the UK and nothing in...

By FXEmpire.com Analysis and Recommendations: The GBP/USD is trading at 1.5696 matching its opening and Friday’s close. There has been little activity all day in global markets. This week’s economic releases include...

By FXEmpire.com Analysis and Recommendations: Crude Oil is trading at 95.90 staying pretty close to the 96.00 price from Friday. There is little in the way of supportive data, news flow and political turmoil are quiet today...

By FXEmpire.com Analysis and Recommendations: Gold was directionless today, moving between small losses and gains. With Indian markets closed for a regional holiday. There was little in the way of eco data and even less new...