Author: Irit Rutenberg

By FX Empire.com EUR/USD rose slightly on Friday as traders did a bit of profit taking before the weekend. However, the options markets are showing that the net short positions in the Euro are at all-time highs, suggesting that...

By FX Empire.com USD/JPY fell on Friday as traders sold off the Dollar in general. The pair did bounce towards the end of the session though, and the resulting candle for the session was a hammer. The lows are getting higher, so...

By FX Empire.com GBP/USD saw a fairly muted move on Friday as the markets overall tried to rally. However, the “risk on” traders we stymied by the end of the bell as the stock markets ended up fairly flat. The 1.55...

By FX Empire.com EUR/GBP had a third consecutive quiet session on Friday as traders took a break from the onslaught that happened earlier in the week. The session shows that the market is focused in the 0.84 level as the market...

By FX Empire.com USD/CHF fell on Friday as traders continue to buy back the Franc after the lack of a rise in the “floor” of the EUR/CHF pair. Traders had expected the Swiss National Bank to raise the minimum...

By FX Empire.com EUR/CHF fell on Friday as the gap from November has been closed. The area should provide support now, but the close of the candle was at the extreme low. The 1.22 level is also the bottom of the range, and this...

By FX Empire.com AUD/USD fell below the parity level a few sessions ago, and Friday saw a very bearish candle as the day saw an attempt to rally above that parity level, only to form a shooting star at the close. The failure to...

By FX Empire.com On Friday, the USD/CAD pair managed to retest the 1.03 level as support and finished the day on a positive note. The oil markets are presently going to be the tell for the pair as the Brent market in particular...

By FX Empire.com NZD/USD had a bullish day on Friday as the markets bought the “risk on” move for most of the day. The resulting candle was a decent green one, but the end of the day did give back some of its gains....