Author: Irit Rutenberg

By FXEmpire.com The USD/CAD pair gained for the session on Thursday as the “risk off trade came back into play. However, we see the 1.0150 level as resistive, and also recognize the fact that we are in a down trending...

By FXEmpire.com The NZD/USD pair initially rose during the session as the markets around the world braced for some kind of big program to come out of the ECB. When that failed to appear, the “risk off” trade came...

By FXEmpire.com The GBP/USD pair fell drastically after initially gaining during the Thursday session. In fact, the pair had a raced roughly 75 pips ahead of the ECB meeting. Once the ECB and the Bank of England both got done...

By FXEmpire.com The EUR/USD looks absolutely horrible after the action on Thursday. We initially had a Spike all the way to 1.24 levels, only to be reversed by the end of the day to close below the 1.22 handle. In fact, we had...

By FXEmpire.com The EUR/JPY pair fell drastically after initially gaining during the Thursday session once the ECB made it clear he wasn’t prepared to do anything right away. This was a major disappointment for the markets...

By FXEmpire.com EUR/GBP ended up falling for the session on Thursday, after first spiking, and then falling off of a cliff. At the end of the session we did get back a little bit of the losses, but not enough to in the day...

By FXEmpire.com The AUD/USD pair spiked initially during the Thursday session, only to turn around after the ECB disappointed markets. The “risk off trade” had the Australian dollar selling off, and we have formed a...

By FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 78.20. Yesterday the pair started to show some movement, with the US gaining a bit of momentum after the Fed’s withheld stimulus but after the ECB...