Author: Irit Rutenberg

By FX Empire.com The NZD/USD pair dropped for the second day as the Kiwi followed risky assets and commodities steps and dropped to the downside amid a renewed wave of risk aversion in the market. Kiwi retreated against the US...

By FX Empire.com The AUD/USD pair dropped early Tuesday after the Reserve Bank of Australia cut its cash target by 25 points to 4.50% for the first time since 2009. On the other hand, the greenback consolidated against other...

The pair rebounded for the second session amid worries regarding the implementation of the measures announced by European leaders last week. Investors are keeping an eye lid on any details concerning the debt deal, where further...

By FX Empire.com The EUR/USD pair absolutely fell apart during the Monday session as traders continue to scrutinize the EU bailout plans. The market sliced right through the potentially supportive 1.39 – 1.40 level, and...

By FX Empire.com USD/JPY had an interesting day on Monday. The Bank of Japan intervened in the market, driving prices much, higher. The top of the move was 79.50 or so, and it should be noted that the 80 level wasn’t even...

By FX Empire.com GBP/USD fell hard during the Monday session, but bounced from the 1.60 level – an area that we said could produce support. The shape of the daily candle is a hammer, and this also shows that the market...

By FX Empire.com The USD/CHF rose during the Monday session as the 0.85 level continues to offer a psychological barrier for the sellers in this market. The pair is the inverse of the EUR/USD quite often, and as a result it rose...

By FX Empire.com EUR/CHF fell on the session for Monday, and the first though someone has to have is that the Euro even managed to fall against the one currency that has its own central bank working against it. The pair has a...

By FX Empire.com The AUD/USD pair fell during the Monday session and even touched the 1.05 area that we have been watching so closely. The 1.05 level was once massive resistance, and it could now be support. The bounce...