Author: Irit Rutenberg

By FX Empire.com The GBP/USD pair has fallen during the Wednesday session, but had a bounce in the later hours of the US session. The pair looks set to retest the 1.60 level again, and the hammer formed on the daily looks...

By FX Empire.com The USD/CHF pair had a range bound session on Wednesday as traders waited for the all-important EU summit to end. The deal didn’t come, but there are rumors floating around, and rumors are exactly what the...

By FX Empire.com The EUR/CHF fell, and then formed a hammer for the day as the pair bounced in the later hours of the US session. The coincided with rumor coming out of Europe that China was getting involved in the bailout fund,...

By FX Empire.com AUD/USD fell and then rose on the session for Wednesday. The resulting candle was a hammer, and it looks like the Aussie will be supported after all. The 1.05 level above should be resistive again, so we feel...

By FX Empire.com USD/CAD fell hard during the Wednesday session as the rumors flew out of Europe that some kind of deal has been reached. At the close of the US session however, there are just that – rumors. The parity...

By FX Empire.com The NZD/USD pair was fairly range bound during the session, but did in fact form a candle similar to a hammer just under the 0.8000 level. The pair is highly susceptible to risk appetite, and because of the...