Author: Irit Rutenberg

By FX Empire.com EUR/USD had a very bearish week as traders pushed the market to retest the 1.30 level for support. The level did hold, but the candle closed very near the lows for the week. The lack of enthusiasm in buying at...

By FX Empire.com USD/JPY had another fairly quiet week this previous week as traders simply continue to play ping pong in a very tight range. The Bank of Japan is waiting below near the 75 handle, and the 80 level is waiting...

By FX Empire.com GBP/USD had a bearish week during the previous 5 sessions as the markets continue to punish the UK for its exposure to the European Union. The pair is a risk sensitive pair, and anytime there is massive concern...

By FX Empire.com EUR/GBP had a very bearish week as the 0.85 support level finally gave way in this market. The pair has been trying to break below that level for quite some time, and as the crisis in the European Union...

By FX Empire.com USD/CHF had a bullish week, but did give back some of its gains on Thursday and Friday. The pair formed a shooting star- like candle for the week, and the 0.95 level held as resistance. The Swiss National Bank...

By FX Empire.com EUR/CHF had a very bearish week as traders pushed the market to the lower end of the recent trading range. The pair has a “floor” at the 1.20 level by the Swiss National Bank recently, and this will...

By FX Empire.com AUD/USD had a bearish week during the week as the markets continue to run from risk in general. The pair is a risk sensitive pair, and anytime there is massive concern in the markets this pair will often fall....

By FX Empire.com USD/CAD had a bullish week and even broke through the 1.03 level. The market looks strong at this point, as the lows continue to rise over time and the parity level is now massive support. With this in mind, we...

By FX Empire.com NZD/USD fell for the week, but managed a bounce from the 0.75 level as buyers stepped in to support the market. The Kiwi dollar will be affected by the commodity markets, so trading this pair will have to be...