Author: Irit Rutenberg

By FX Empire.com The AUD/USD pair continued its upside movements to reach its highest level in more than three weeks, as the weak US dollar helped the Aussie to cover all of its previous losses. The cheerful PMI numbers about...

By FX Empire.com EUR/USD had a very flat day on Monday as traders simply aren’t back in force from the holidays yet. With very little in the way of news to move the markets, they basically sat still during the session. The...

By FX Empire.com USD/JPY was fairly quiet on Monday as traders started to come back from the holidays. The pair fell, but only slightly so. The 77 handle has been broken to the downside, and the support is just now starting to...

By FX Empire.com GBP/USD went basically unchanged for the Monday session as traders went back and forth in a 100 pip range. The pair currently resides in the 1.55 area, and this level has been very important lately. With this in...

By FX Empire.com EUR/GBP attempted a rally on Monday as trading got back underway for the year. The pair has been very bearish lately, mainly spurred on by all of the bad news out of Europe. The pair rose for the start of the...

By FX Empire.com USD/CHF continues to grind sideways after a fairly quiet session on Monday. The pair did fall originally, but just like the session on Friday, it bounced to form a hammer above the 0.93 level. The level was the...

By FX Empire.com EUR/CHF fell slightly during the session on Monday as the consolidation continues in this pair. The pair simply hasn’t been able to break out of the recent range, and is very unlikely to do so in the near...

By FX Empire.com AUD/USD rose slightly during a fairly quiet Monday session. The pair is approaching the 1.0250 area, and has struggled in this vicinity previously. Because of this, we aren’t willing to buy at this level....

By FX Empire.com USD/CAD sat still during the session on Monday as the oil markets also experienced very little in the way of action. The real volume will pick up after this week, so the markets could be a bit quiet going...

By FX Empire.com NZD/USD fell and then rose during a back and forth session on Monday. The pair is currently sitting just below the 0.78 handle, and area we have seen as resistive lately. Whether or not this pair can climb...