Author: Irit Rutenberg

By FXEmpire.com GBP/USD fell during most of the session on Monday, but found its footing at the 1.57 level to look like it’s ready to try to break out yet again. The 1.58 level above is still resistive, but the hammer for...

By FXEmpire.com The EUR/GBP pair managed to sell off a bit during the Monday session, as the Euro experienced weakness all around the currency world. The pair did manage to break the bottom of the shooting star formed on Friday,...

By FXEmpire.com The EUR/JPY pair fell during the Monday session as the Euro continues to weaken. While the markets had gotten rather aggressive on the “risk on” trade during the latter part of the previous week,...

By FXEmpire.com The AUD/USD pair rose during the session on Monday, continuing the bullish action as seen over the last four sessions. However, we are approaching the 1.05 level and it does look like the pair is starting to run...

By FXEmpire.com The USD/CAD pair fell during the session on Monday as the fall in this pair continued. However, the parity level is just below and we feel that it will more than likely offer some kind of support. We also are...

By FXEmpire.com NZD/USD had a very quiet session during the Monday trading day as the buyers took a break. The market is still currently above the recent breakout area of 0.8050, so we are still relatively bullish of it. The...

By FXEmpire.com The silver markets had a bullish session on Monday, as the “risk on” environment came back into the markets. The silver market has been lagging its yellow cousin gold and as such we have been focusing...

By FXEmpire.com The light sweet crude markets managed to attempt a rally during the Monday session. However, the bullish sentiment faded, and the market fell by the end of the session. This formed a shooting star at the $90...

By FXEmpire.com The natural gas markets broke out on Monday as the $3.20 level finally gave way. The fact that the markets managed to close above that area suggests to us that we are going to go much higher, and as such we are...

By FXEmpire.com The gold markets did very little during the Monday session, and this makes sense considering that there are several major economic announcements coming later this week. With the ECB set to announce some type of...