Author: Irit Rutenberg

By FX Empire.com The USD/JPY pair fell during the session as the Dollar got sold off against almost all currencies. The recent intervention in this pair has already been retraced by half, and we think that the unilateral nature...

By FX Empire.com GBP/USD rose during the Friday session in a parabolic manner during the US session as the major banks in America were closed. This created a thin market, and the traders took advantage of it. The market is still...

By FX Empire.com The USD/CHF pair fell a bit on Friday, but managed to find support at the 0.9000 level. The resulting candle was a hammer, and the market looks like it is ready to perhaps rise again. More comments out of the...

By FX Empire.com EUR/CHF rose during the session on Friday as the EU situation appears to be moving forward with Greece and Italy both taking positive steps on Friday. The markets liked this move, and the Swiss are working...

By FX Empire.com The AUD/USD pair rose during the Friday session as the manic attitude of currency markets continues. The Greek swore in a new Prime Minister, and the Italians passed an austerity budget. The trading took this as...

By FX Empire.com USD/CAD fell during the Friday session as the oil markets took off. With this pair’s sensitivity to the price of oil, it was no surprise that there was demand for the Loonie. The parity level still sit...

By FX Empire.com NZD/USD rose during the Friday session as the markets sold off the Dollar in general. The Kiwi is highly sensitive to risk appetite, and as a result – rose rapidly during the very thin Friday US session....

By FX Empire.com EUR/USD fell during the week as the EU continues to make headlines in the financial markets. The pair seems to be “stuck” between the 1.40 area and 1.35 or so at this point. The candle formed for the...

By FX Empire.com The USD/JPY pair fell during the past week as traders retraced the previous week’s intervention by almost half. The market really took it to the Dollar on Friday, and as a result the pair fell. The Bank of...

By FX Empire.com GBP/USD fell during the week to the 1.5850 support level, only to bounce back up again on Friday. The move on Friday was low liquidity, but it did form a hammer for the second week in a row at the 1.60 level....