Author: Irit Rutenberg

By FXEmpire.com The EUR/USD pair rose during the session on Friday as the “risk on” rally continue to take hold. One has to wonder whether this was Euro buying, or simply short covering, as the markets gave up quite...

By FXEmpire.com The USD/JPY pair had a string session on Friday as it both fell, and then bounced to new highs for the week. The Indian candle was relatively neutral, but did have a green body. The most important and obvious...

By FXEmpire.com The GBP/USD pair rose during the session on Friday as the 1.57 level was targeted yet again. The area continued to hold as resistance, and as a result the pair looks like it is still trying to break out. The 1.58...

By FXEmpire.com The EUR/GBP pair managed to fall at the end of the session on Friday, two print a wicked looking shooting star. This suggests to us that this pair will continue to fall over time, and as such we are willing to...

By FXEmpire.com EUR/JPY had a bullish session on Friday as traders continued to take the “risk on” trade in reaction to the idea that the central banks in both Europe and the United States are going to step in the...

By FXEmpire.com The AUD/USD pair rose during the session on speculation of further easing by the central banks from both Europe and the United States. The liquidity injection will more than likely drive commodity price higher,...

By FXEmpire.com The USD/CAD pair fell during the Friday session as speculation that central banks will be flooding the markets with liquidity drove up demand for commodities on the whole. This of course favors oil, which of...

By FXEmpire.com The NZD/USD pair continued the massive move higher on Friday as the markets continue to expect central bank easing in Europe this week. The Federal Reserve could of course add to the easing as well, and the...

By FXEmpire.com The EUR/USD pair had a strong run for the week as speculation continues that the ECB will step into the market and help support the Euro over the long run. A lot of this was predicated upon the head of the ECB,...

By FXEmpire.com The USD/JPY pair fell for much of the week, only to bounce off of the 78 handle which of course is a previous resistance and support level. This area was the region in which the Bank of Japan has clandestinely...