Author: Irit Rutenberg

By FX Empire.com The USD/CHF pair had a bearish day on Thursday as traders sold off the Dollar in favor of the Franc. The pair is currently difficult to sell, as the Swiss National Bank is working against the rise of the Franc...

By FX Empire.com The USD/CAD pair had a back and forth session on Thursday as traders first sold off risk, only to buy it back in the later hours of the session. This has been a bit of a trend lately: Americans trying to reverse...

By FX Empire.com The NZD/USD pair produced a doji on Thursday, which is the third in a row. Obviously, the market isn’t quite sure what to do with it. The recent range is just below the 0.8000 mark, and could make a...

By FX Empire.com The GBP/USD pair fell on Thursday for the early hours of the session, only to bounce back upwards form the 1.57 level yet again. This shows just how resilient this area is as support, and that it should be...

By FX Empire.com EUR/USD had a wild day on Thursday as one would expect, given the nature of the financial crisis in European. The markets aren’t really sure what to do at the moment, and with the EU meeting over the...

By FX Empire.com EUR/CHF fell on Thursday in a rare show of movement. The pair is still hovering above the 1.23 area, and is likely to only have limited downside potential as the Swiss National Bank is willing to intervene if we...

By FX Empire.com The AUD/USD pair had a wide range during the Thursday session as the global markets continue to go back and forth on headline news and general fears of European debt issues. The candle is another doji,...

By FX Empire.com The USD/CAD pair fell on Thursday, where rising wholesale sales in Canada boosted the Canadian dollar against the U.S. dollar. Moreover, data from the United States was encouraging, where the leading indicators...