Author: Irit Rutenberg

By FXEmpire.com Analysis and Recommendations: The EUR/GBP is trading at 0.7840. How does one describe a train wreck or predict a train wreck when both trains are on the same track. The euro has skyrocketed on vows from ECB...

By FXEmpire.com Analysis and Recommendations: The GBP/USD is trading at 1.5722, which is a very misleading number. The GBP has no support and no reason to be trading at such levels, except that the US dollar weakened so over the...

By FXEmpire.com Analysis and Recommendations: Silver got stuck in a bi-polar squeeze today, with precious metals holding steady, but industrial metals tumbling, silver was pulled down to trade at 27.423. Unfortunately...

By FXEmpire.com Analysis and Recommendations: Crude Oil was largely ignored in today’s trading, holding at 89.50, as investors waited for the 2nd quarter GDP numbers. Although the print met expectations, forecasts were set...

By FXEmpire.com Analysis and Recommendations: Gold is trading at 1617.85 holding its gains from earlier in the week as markets have shift the safe haven of the USD and the JPY to gold. With the poor showing this week in the US,...

By FXEmpire.com Analysis and Recommendations: Natural Gas dipped a bit today, to trade at 3.03. Gas prices are trading with a marginal loss of near 0.15 percent. The US Energy department, storage level has been injected by 26...

By FXEmpire.com Today’s US GDP release for Q2 showed that the United States economy slowed in the second quarter amid weak consumer spending, government cuts and a rise in imports from foreign countries. Gross domestic...

By FXEmpire.com Inspired by Europe, a bullish rally is taking place this morning in the Asian equity market. Most Asian equities are trading with gains of more than one percent, driven by optimism in Europe. Crude oil futures...

By FXEmpire.com The silver markets attempted to rally during the session on Thursday, but ended up giving back quite a bit of the gains by the end of the session. Because of the shooting star that was formed, we suspect that...

By FXEmpire.com Crude markets went back and forth during the Thursday session as the $90 level was bounced off of. The $90 handle so far has held as resistance, but there are two hammers preceding the session on Thursday that...