Author: Irit Rutenberg

By FX Empire.com GBP/USD rose during the Monday session as traders were in a light volume scenario. The holiday trading in the US will certainly have seen very light volumes. The 1.53 level continues to fight and offer support...

By FX Empire.com EUR/GBP barely moved during the light volume Monday session. With the Americans on holiday, and the news flow fairly quiet, this pair had little to react to. The 0.8350 area above saw a massively bearish candle...

By FX Empire.com USD/CHF gapped up over the weekend opening, but did very little on Monday as volumes were probably light due to the holiday in America. The 0.95 level continues to be important in this pair, and as a result we...

By FX Empire.com EUR/CHF rose from extreme lows on Monday as we have reached the lower area of the massive consolidation area that this pair has been stuck in. The 1.20 level below is a massive support area that is in place...

By FX Empire.com AUD/USD gapped down on the open of the week, and has since filled the area. The resulting candle is a shooting star-like candle for the Monday session. The market has been in a triangle for some time now, and we...

By FX Empire.com USD/CAD fell during the light Monday session as the oil markets rose overall. The market is in a massive symmetrical triangle, and this shows that the currency markets are currently trying to decide which...

By FX Empire.com NZD/USD continued to rise on Monday despite the light volume in America due to the holiday. The pair is highly sensitive to global risk usually, but it seems to be ignoring the situation in Europe at the moment....

By FX Empire.com USD/JPY Forecast Jan. 17, 2012, Fundamental AnalysisClose of the Asian Session Economic Events: 23:30 JPY Industrial Production (MoM) -2.40% -2.60% Industrial Production measures the change in the total...

By FX Empire.com Light Sweet Crude traded up on light volume during the US session, as it was the Martin Luther King Jr. holiday in the States. The volume most certainly fell off in the US hours as a result, and the true move...

By FX Empire.com Natural gas markets managed to gap down on Monday, which was a holiday in the United States as most traders simply weren’t involved. Because of this, it is hard to come up with any bullish case for this...