Author: Irit Rutenberg

By FX Empire.com The GBP/USD pair rose during the Thursday session, although it did manage to fall late in the day. The pair punched through the 1.57 level, only to fall back below it by the end of the day. The pair is presently...

By FX Empire.com EUR/USD rose back above the 1.35 level on Thursday, only to fall back below it. The resulting candle for the session is a shooting star at the bottom of a down move – always a bad sign as it shows a rally...

By FX Empire.com EUR/CHF rose slightly during the Thursday session, but still remains under the 1.25 level. The 1.25 area looks like a buy area for us if we can close above it. The breaking on a daily close has us holding onto a...

By FX Empire.com The AUD/USD pair broke below the parity level on Thursday, and continued its bearish tone overall. The 0.99 level below should be somewhat supportive, and if that area gives way – this pair should fall...

By FX Empire.com The USD/CAD pair rebounded to the downside on Thursday, where better than expected data from the U.S. housing and labor sectors overshadowed rising fears from Europe, where housing starts and building permits...

By FX Empire.com Europe continued to dominate the headlines on Thursday, where investors were left disappointed after Spanish and French bond sales failed to meet expectations, while yields on European governmental bonds...

By FX Empire.com Despite everything seen in the market and the high volatility and jitters, nothing has changed at all for the EUR/CHF! The move is still confined within a limited range and the outlook did not change for the...