Author: Irit Rutenberg

By FXEmpire.com The natural gas markets had a very flat day, although we did try to both rally and fall during the session. The recent breakout of the $3.20 level signaled that the market could breakout and continue the bullish...

By FXEmpire.com The gold markets fell during the Tuesday session as we enter a very tight consolidation range. This is more than likely going to be predicated upon the idea of the Federal Reserve meeting coming up in 24 hours,...

By FXEmpire.com Analysis and Recommendations: The EUR/JPY is trading at 95.92 continuing to decline. After moving off a low earlier last week, to trade back near the 96.00 price level, the pair have once again begun to tumble,...

By FXEmpire.com Analysis and Recommendation: The NZD/USD remains strong trading at 0.8111 adding 0.0023 in this morning’s session. As the USD remains weakened on hopes of monetary stimulus from the Feds and the FOMC...

By FXEmpire.com Analysis and Recommendation: The AUD/USD is trading at 1.0492 having weakened a bit from yesterday, after breaking through the 1.05 price. Today, the House Price Index reported well above forecast and the AIG...

By FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 78.01 hovering right on the 78 big number. The JPY continues to add strength in risk aversion trading. Markets and speculators remain worried about the...

By FXEmpire.com Markets closed lower on Tuesday, dented by concerns that markets have overplayed the chances of the ECB taking action to back up its pledge to support the euro. U.S Stocks closed out another quiet session with...

By FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.0035. The CAD weakened on a surprise drop in GDP, markets had expected a drop to 0.2% which was the forecast, when the actual release showed a drop to...

By FXEmpire.com The EUR/USD pair fell during the Monday session after forming a shooting star at the 1.23 level on Friday. This is a bearish turn of events, but it should be said that there was a little bit of the bounce towards...

By FXEmpire.com The USD/JPY pair fell during the Monday session, to approach the 78 handle yet again. The level does however look like it’s been defended by the Bank of Japan judging by recent action. It’s also a...