Author: Irit Rutenberg

By FX Empire.com EUR/GBP rose on Thursday as the Euro climbed in general. The pair has been sold off quite a bit over the last several sessions, and the rise in price found the 0.84 level, the first of our selling areas. The...

By FX Empire.com EUR/CHF fell originally during the Thursday session, but found support as the Euro bounced back against most currencies. The hammer is towards the bottom of the recent consolidation area, so a bounce from here...

By FX Empire.com AUD/USD bounced on Thursday as the “risk on” trade came back into vogue. The market is very schizophrenic in its behavior lately, so this bounce isn’t a surprise anymore. The pair originally...

By FX Empire.com The US dollar gained strength again today after the US data that came mixed, as jobless claims rose last week above expectations, while Chicago PMI index came better than forecasted in December, in addition,...

By FX Empire.com The EUR/CHF pair retreated on Wednesday after the Italian downbeat bond auction, where the weakening common currency supported the Swiss Franc to gain slightly. The euro declined on fearsItalywill not handle the...

By FX Empire.com The EUR/USD pair declined on Wednesday, reaching the lowest level recorded since September 2010 after the Italian bond sale wasn’t as successful as expected, where yields on long-term bonds remained...

By FX Empire.com On Thursday trading, the pair showed a drop for the second straight session as it followed the general sentiment which was full of bearishness after Italian bond sale and as the ECB announcements remained to...

By FX Empire.com On Thursday trading, the pair showed an advance for the second straight session as it followed the general sentiment which was full of bearishness after Italian bond sale and as the ECB announcements remained to...

By FX Empire.com The NZD/USD pair retreated to its lowest level in a week, after the ECB announced that its balance sheet soared after it lent more money to the financial institutions, which reduced confidence in the financial...

By FX Empire.com The AUD/USD pair retreated to its lowest level in a week after the US dollar soared against most of its major counterparts due to the return of risk aversion in the financial market. The US dollar soared against...