Author: Irit Rutenberg

By FX Empire.com USD/CAD had another bullish session on Friday as the traders reacted to several different influences at once. The Canadian jobs numbers weren’t very impressive, and the oil markets fell. Combined with the...

By FX Empire.com NZD/USD had a very back and forth day on Friday as the commodity markets were fairly quiet by the end of the session. The world got a good Non-Farm Payroll number out of the United States, but the world seems...

By FX Empire.com EUR/USD fell hard for the week as the rout on the Euro continues. The debt markets in that region are still distressed, and now that the larger volume of trading has returned, the market continued the downtrend....

By FX Empire.com The USD/JPY pair sat absolutely still for the week as it finished unchanged. With this in mind, we don’t expect much on the long-term front as the pair is being pressured to the downside by the 80 level,...

By FX Empire.com GBP/USD fell again for the week to form a shooting star at the bottom of the massive range it has been in lately. The 1.53 to 1.55 level looks to be a massive neckline on an even more massive head and shoulders...

By FX Empire.com EUR/GBP fell hard during the last week, and looks set to continue this trajectory going forward. However, it should be noted that the move has been pretty strong, and selling at this point is more than likely...

By FX Empire.com USD/CHF rose again this previous week as the Dollar continues to get a bid against most currencies worldwide. The pair has recently broken out over the 0.93 level, and the close above the 0.95 level suggests...

By FX Empire.com EUR/CHF had a fairly quiet week as it scrapes along the lowest part of the recent consolidation area. The level of 1.21 seems to offer decent support, but the 1.20 level is even more important going forward. The...

By FX Empire.com AUD/USD rose for most of the week, but then fell back to the opening price. The resulting candle is a shooting star, which was preceded by a hammer. The pair looks like it is going to struggle to get above the...

By FX Empire.com The USD/CAD pair fell originally during the week previous, but then found some footing and rose rapidly as the Dollar picked up a bid against most other currencies later in the week. The oil markets often lead...