Author: Irit Rutenberg

By FX Empire.com NZD/USD had a flat day on Friday as the markets finally seem to be sliding into the holiday mode. The pair is at the top of its most recent range, and we feel the 0.78 level should continue to offer resistance....

By FX Empire.com EUR/USD had a bit of a reprieve from bearishness over the previous week, but each time it rallied new sellers would jump in. It is becoming obvious that the situation in Europe isn’t going to get any...

By FX Empire.com The USD/JPY pair had a fairly quiet but constructive week over the last 5 sessions as this market continues to grind sideways with a positive bias. The 78.50 level seems to be too much for this pair to overcome,...

By FX Empire.com GBP/USD spiked during the week, but failed again at the 1.57 level. The pair formed a shooting star at the bottom of the recent fall, suggesting even lower prices to come. However, we need to point out that the...

By FX Empire.com EUR/GBP fell during the week and looks very vulnerable in general. This is probably being exaggerated by the flow of capital out of the European Union and back to the United Kingdom as British banks struggle to...

By FX Empire.com USD/CHF had a slightly negative week for most of the sessions, but managed to bounce a bit to form a hammer. The range was tight, but it does show that the recent breakout point at 0.93 looks solid and the 0.95...

By FX Empire.com The EUR/CHF pair continues to be very tight in its range, and as a result we don’t see any real long-term prospects currently. However, there are two levels that are going to matter going forward: the 1.25...

By FX Empire.com AUD/USD recaptured much of the losses from the week before as the parity level continued to offer support. The light volume for the week seems to have perhaps skewed the results as well, but it should be noted...

By FX Empire.com The USD/CAD pair pulled back for the week and retraced the entire gains from the week previous. The pair has been very choppy, and will more than likely continue to be. The Canadian dollar is heavily influenced...

By FX Empire.com NZD/USD rallied for the week as the 0.75 level attracted buyers again. This level seems to be key for the health of this pair going forward and should be watched very carefully. The pair is highly sensitive to...