Author: Irit Rutenberg

By FX Empire.com The EUR/USD pair rose over the session on Tuesday as the markets were in the “risk on” mode for most of the day. The Euro is simply far too weak and toxic at the moment to own for any length of time....

By FX Empire.com USD/JPY fell for most of the session on Tuesday, but managed a bounce to form a hammer just above the now obvious support area at 76.50 or so. The level is the bottom of recent consolidation going up to roughly...

By FX Empire.com GBP/USD rose during the Tuesday session as traders sold off the US dollar in general. The pair is highly risk sensitive, and as the markets was in a good mood overall for the day – this pair got a bit of a...

By FX Empire.com EUR/GBP rose over the session on Tuesday as traders continue to figure out who is going to get hurt the most from the EU debt crisis. The Euro has enjoyed a bit of a bounce lately in this pair, but the reality...

By FX Empire.com USD/CHF fell for the session on Tuesday as the Dollar got sold off in general. The “risk on” trade came back, but it is worth noting that the end of the US stock trading session saw a selloff that...

By FX Empire.com EUR/CHF fell for the Tuesday session as traders seem intent on testing the resolve of the Swiss National Bank. The SNB has a “floor” in this pair at the 1.20 level, and as a result the market has...

By FX Empire.com AUD/USD rose again on Tuesday as the commodity currencies got a bid yet again. The triangle that we have been watching in this pair was pierced, but the breakout was beaten back by the resistance. The pair looks...

By FX Empire.com USD/CAD fell for the Tuesday session as the oil markets continued to grind higher. However, much like the oil markets, this pair has found itself winding up in a tighter and tighter manner as it has formed a...