Author: Irit Rutenberg

By FXEmpire.com EUR/USD pair fell during the Friday session, to test the recent lows at the 1.2150 level. This bearish candle smashed through three hammers and a doji in one sudden move. This suggests to us that the bearish case...

By FXEmpire.com The USD/JPY pair fell during the session on Friday as the markets sold off risk in general. The pair looks very weak, but we have to keep in mind that the Bank of Japan is sitting below, and the 78 level will be...

By FXEmpire.com The GBP/USD pair fell hard on Friday, as the “risk off” trade came rushing back into the markets. The change in attitude saw the Dollar reign during the day, and as such we are not willing to go...

By FXEmpire.com The EUR/GBP pair fell during the Friday session, to break down below the 0.78 handle. The pair has been very bearish for quite some time, and we do expect a run down to 0.76 based upon the previous bearish flag....

By FXEmpire.com The EUR/JPY pair fell hard during the session on Friday as the Spanish bonds continue to yield high levels. The state of Valencia has asked for a bailout, and as such it appears the situation in Spain is getting...

By FXEmpire.com The AUD/USD pair fell on Friday as the “risk off” trade came roaring back. The Aussie should continue to fall in the short term, but the 1.03 level below looks very supportive. It is because of this...

By FXEmpire.com The USD/ CAD pair rose during the session on Friday, to retest the previous support area for resistance. So far, it has held. This is certainly a reaction to the “risk off” attitude of the markets,...

By FXEmpire.com NZD/USD fell during the session on Friday to break back down below the 0.80 level. The weekly charts look confused, and looking at this daily chart you can see why. The supportive candles from earlier in the week...

By FXEmpire.com The EUR/USD pair fell again during the previous week as the Euro continues to suffer. The debt markets in Europe are looking weaker and weaker, and as such confidence certainly must be eroding from that area at...

By FXEmpire.com The USD/JPY pair fell hard during the week as the “risk off” trade came back into play. We still are very cautious about selling this pair, as the Bank of Japan is still trying to work against the...