Author: Irit Rutenberg

By FXEmpire.com EUR/JPY looks absolutely horrible at this point. The Tuesday session was very bearish, and we did manage to pierce below the lows of the Monday hammer. This of course is a very bearish sign, and as such we are...

By FXEmpire.com The AUD/USD pair fell during the session on Tuesday, as the initial surge through the 1.03 level gave way to the bearish side. The resulting candle was a shooting star, and this suggests that perhaps the Aussie...

By FXEmpire.com USD/CAD had another schizophrenic day during the Tuesday session as we have bounced aggressively sense the end of last week. The 1.0250 level is in sight now, and this was our trigger price to go along of this...

By FXEmpire.com The NZD/USD pair managed to both rally and fall during the same session. The candle isn’t quite a shooting star, but it does suggest the same thing: that the bullish traders tried to push this pair higher,...

By FXEmpire.com Silver markets continued to do absolutely nothing during the Tuesday session, as we are currently trading within a roughly $.30 range. The market looks like it’s heavily supported below, especially once we...

By FXEmpire.com Looking at the light sweet crude markets for the Tuesday session, one would think that nobody was there. We simply had no motion at all, and are presently sitting on top of the 88 handle which appears to be some...

By FXEmpire.com The natural gas markets continue to rise during the Tuesday session as the breakout seems to be in full effect. If you read a report yesterday, you know that we considered the move above the Monday highs as a...

By FXEmpire.com Gold markets did very little during the session on Tuesday as the risk appetite of traders around the world is almost nil at this moment in time. During the end of the trading session in New York, there was a...

By FXEmpire.com Analysis and Recommendations: The EUR/USD broke below 1.20 again today to trade at 1.2088 at this writing. The pair had dipped as low as 1.2078. Global currencies and commodities traded sharply lower on continued...

By FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.0168 as the CAD gained some momentum against a strong USD. Retail sales in Canada today reported above expectations, while CORE sales were well over...