Author: Irit Rutenberg

By FX Empire.com The EUR/USD pair rose on Tuesday as the market bounced from the 1.30 level. The rise has been rather strong, but it also gave up a lot towards the end of the session. The 1.31 level proved to be resistive, and...

By FX Empire.com The USD/JPY pair fell on Tuesday as the Dollar got sold off in general. The downward momentum in this pair is immense, and the path of least resistance is certainly to the downside. The 78 level continues to...

By FX Empire.com GBP/USD rose on Tuesday as the markets bought into the “risk on” scenario. The pair rose all the way to the 1.57 level where is promptly turned around, suggesting it was a low volume move. The 1.57...

By FX Empire.com EUR/GBP fell below the recent consolidation area as the Euro fell against many currencies around the board. The EUR/GBP made a significant move when it broke down below the 0.85 handle a few days ago, and we...

By FX Empire.com USD/CHF had a bearish day on Tuesday as the Dollar got sold off in general. However, the pair only managed to sell off to the all-important support level at the 0.93 handle. We have been waiting to see if this...

By FX Empire.com EUR/CHF had a flat day on Tuesday as the markets simply didn’t go anywhere. The Euro fell in general against many currencies, and the Swiss Franc simply cannot be bought with the Swiss National Bank...

By FX Empire.com AUD/USD rose rapidly on Tuesday as the latest round of “risk on” suddenly came back to the markets. The Spanish managed to sell bonds at a decent rate for the session, and this got the market a bit...

By FX Empire.com USD/CAD fell on Tuesday as the oil markets rallied hard. The pair managed to break below the 1.03 level for a sustained period of time during the session, but bounced back above it by the close. The level looks...

By FX Empire.com NZD/USD rose rapidly on Tuesday as the latest round of “hopium” hit the markets. The traders all around the world suddenly seemed convinced that since the Spanish bond yields went down during the...

By FX Empire.com Light Sweet Crude The CL contract rallied very hard on Tuesday as the Iranian tensions and simple lack of volume contributes to the move. The Dollar fell in general, and this helped the oil markets in general....