Author: Irit Rutenberg

By FX Empire.com USD/JPY had a fairly quiet day, albeit negative on Wednesday. The pair continues to grind lower every time it rises, and this latest sequence of trading days does nothing to suggest this will change anytime...

By FX Empire.com The GBP/USD pair rose quite strongly on Wednesday as traders rallied the Pound in general. The move to just above 1.57 is the 5th attempt to break above it lately, but each time it gets this high it fails. The...

By FX Empire.com EUR/GBP fell hard on Wednesday as traders continue to sell the Euro. The Pound was actually fairly strong during the session in general, so this pair only had one way to go in the end. The 0.85 level below...

By FX Empire.com USD/CHF continues to tread water under the all-important 0.93 level as the market dynamics are pushing people away from risk, and into safety overall. The Swiss Franc used to be a safe haven currency, but with...

By FX Empire.com EUR/CHF originally was bullish for the Wednesday session, but the 1.24 – 12.5 level turned out to be far too strong in its resistance again. The pair is beholden to two separate forces currently: the Swiss...

By FX Empire.com AUD/USD rose on Wednesday after printing a hammer on Tuesday to show support again. The Aussie is a “risk on” currency, and with each rumor that looks like the EU will get some kind of relief, this...

By FX Empire.com USD/CAD had a very neutral day on Wednesday as the market attempted to break the pair down below the 1.01 level and failed. The resulting daily candle was a doji, and finished just slightly positive. The oil...

By FX Empire.com NZD/USD had a fairly neutral day on Wednesday as the market went back and forth in this pair. The resulting daily candle is a doji, and the day finished down just slightly. The NZD is highly sensitive to the...