Author: Irit Rutenberg

By FXEmpire.com The EUR/JPY pair rose during the session on Friday, but gave back much of the gains in order to form a shooting star. The 98 handle is the start of massive resistance leading all the way to the 101 handle, and as...

By FXEmpire.com The AUD/USD pair had a very significant fall during the Friday session as the 1.05 level gave way. This was a strikingly strong move, but it should be mentioned that we are approaching the uptrend line of the...

By FXEmpire.com The USD/CAD pair rose during the Friday session as the 0.9850 level acted as support. The result of this was the printing of a hammer for the weekly candle, and it does look like we are going to make some attempt...

By FXEmpire.com The NZD/USD pair fell during the Friday session, to reach the 0.8050 support level. This pair does look like it’s trying to grind its way sideways in the meantime, and we are definitely sitting on top of...

By FXEmpire.com The EUR/USD pair rallied for part of the week only to give back most of the gains. In fact, the candle that formed for the week ended up running a shooting star. While the shooting star is within the digestive...

By FXEmpire.com The USD/JPY pair had a strong week over the last five sessions, culminating in closing at the very top of the range. However, we know that the 80 handle is massively resistive, and as such we aren’t as...

By FXEmpire.com The GBP/USD pair had a slightly bullish week over the last five sessions but still failed to close above the crucial 1.58 level. It doesn’t matter though, we can plainly see on this chart that the pressure...

By FXEmpire.com The EUR/GBP pair had a fairly quiet week during the last five sessions, but did manage to print a green candle for the week. While this certainly wasn’t a massive candle, it did in a sense give this pair a...

By FXEmpire.com The EUR/JPY pair rose during the previous five sessions as the markets settle that the 98 handle. This bounce was fairly strong, as we did gain a roughly 200 pips for the week, but it should be stated that the...

By FXEmpire.com The AUD/USD pair had a very bearish week which was culminated by a massive selloff on Friday. However, we are just above the 1.04 level, and even more importantly just above the uptrend line in an ascending...