Author: Irit Rutenberg

By FX Empire.com USD/JPY rose on Thursday in the illiquid volume. The pair is struggling to clear the 78 handle completely, something that has been the case for quite some time. If we can get a close above the 78.50 level, there...

By FX Empire.com USD/CHF dipped slightly during the Thursday session as the stock markets around the world were generally positive. The pair did bounce back though, and is forming a third hammer in a row on the daily chart....

By FX Empire.com USD/CAD had a very bearish day on Thursday as the oil markets were quite constructive. The pair even managed to violate the bottom of the hammer from Wednesday, and this does in fact show real bearishness. The...

By FX Empire.com NZD/USD rose during the light volume Thursday session, going against the failure to rally on Wednesday. While this would normally be something to pay attention to, the fact is that the market is simply too...

By FX Empire.com GBP/USD rose and then fell again on Thursday as the 1.57 level held the market down again. The pair looks likely to stay in the 1.57 – 1.55 range for the short-term as the levels simply cannot be broken....

By FX Empire.com EUR/USD rose again during the session on Thursday as the “risk on” move came back into the markets in general. The stock markets gained, and the optimism increased during the session judging by the...

By FX Empire.com EUR/GBP rose slightly on the Thursday session, but was at one point much higher than the close. The pair formed a shooting star at the bottom of the most recent fall, and this suggests that there is going to be...