Author: Irit Rutenberg

By FX Empire.com Light Sweet Crude rose initially during the session on Thursday as the bullish pressure looked set to continue into the day. However, as the afternoon part of the US session came into focus, the Western allies...

By FX Empire.com Natural gas markets fell again on Thursday as the downtrend simply will not relent. Inventory numbers did nothing to instill confidence, and half of the winter season in the northeastern Unites States has come...

By FX Empire.com Gold markets rose on Thursday as the push to buy this market continues. The bulls have decidedly taken control recently, and the move north has been impressive. However, the candle formed at the end of the...

By FX Empire.com USD/JPY had a fairly quiet session on Thursday as the pair continues to bump along the bottom of a consolidation area. The 76.50 area should continue to offer support, and the Bank of Japan is below waiting to...

By FX Empire.com USD/CHF fell for the session as the Dollar got hit all around. Weaker than expected December retail sales were a weight on the “risk on” sentiment for the session, and as a result the Dollar fell...

By FX Empire.com USD/CAD continues to trade in a tightening range as the oil markets have been so back-and-forth. The pair certainly has been tough to trade over the last several weeks, and we now are starting to see a bit of a...

By FX Empire.com The NZD/USD pair fell on Thursday for the session, but saw a significant bounce later in trading to form a bit of a hammer just under the 0.80 level. The pair looks very healthy, but buying at this level is...

By FX Empire.com GBP/USD fell below the 1.53 level on Thursday, but didn’t manage to stay under it. The area is serious support, and a breaking below the support zone would have massive implications in the pair going...

By FX Empire.com EUR/USD rose during the Thursday session as traders celebrated successful bond auctions in both Italy and Spain. However, the recent downtrend is certainly intact, and it is hard to think that it suddenly will...

By FX Empire.com The EUR/GBP pair rose rapidly during the session as the Euro got a significant boos by liquidity in the banking system via the European Central Bank. However, over the long run, this will more than likely be...