Author: Irit Rutenberg

By FX Empire.com The NZD/USD pair continued its free fall for the fourth straight week as investors abandoned higher yielding currencies and focus on the safe haven currencies such as the US dollar. The NZD/USD pair is to record...

By FX Empire.com The NZD/USD pair dropped to its lowest level in eight months, with the strong performance from greenback which dominated the FX market last week due to the pessimistic market sentiment and ongoing risk aversion....

By FX Empire.com Light Sweet Crude The CL contract found support at the $95 level on a very light trading session for Thursday. The Americans were celebrating Thanksgiving, and as such the volume was very anemic. The $95 remains...

By FX Empire.com The natural gas markets fell slightly during thin markets on Thursday. The candle shape is a hammer and shows possible support, although we don’t advise buying this market. The trend is decidedly down at...

By FX Empire.com The gold markets had a very quiet session on holiday traffic as the support area in the $1,700 range. The support goes all the way down to $1,600 – which shows just how bullish the market really is....

By FX Empire.com USD/JPY fell during the Thanksgiving session as traders continue to buy the Yen against all other major currencies. The pair has been intervened in a couple of times recently, and we think that it is probably...

By FX Empire.com USD/CHF had a very quiet session on Thursday as the Americans were out celebrating Thanksgiving. The pair originally fell during the session, but bounced back and remains sitting stubbornly in the 0.92 area. The...

By FX Empire.com The USD/CAD pair fell on Thursday, but bounced towards the end of the light volume session to form a hammer at the top of the recent upward move. The pair is looking to break out of the recent highs, and if it...

By FX Empire.com NZD/USD rose slightly during the Thursday session, but confirmed the bearish stance that it has taken recently. The daily candle is a shooting star at the bottom of the down move, and as a result looks like we...

By FX Empire.com GBP/USD fell again on Thursday as traders continue to sell off other currencies against the US dollar. The 1.55 level is the start of massive support, and goes all the way down to the 1.53 mark. The next 200...