Author: Irit Rutenberg

By FX Empire.com The NZD/USD pair fell on Thursday, only to bounce in late hours to form a hammer at the top of an up move. The 0.8000 resistance level sits just above, and it looks like the market will try to break through it...

By FX Empire.com The GBP/USD pair fell on Thursday, but bounced later in the session as traders continue to go back and forth in the risk trade. Volumes are extremely light in most stock markets, so one can only assume the...

By FX Empire.com The EUR/USD pair fell fairly hard during the Thursday session as traders continue to react to news in a skittish way. The market rebounded in the US session though, and saw the pair for a hammer at the top of...

By FX Empire.com The EUR/CHF pair rose on Thursday, but only just. The pair is being manipulated by the Swiss National Bank at this point as the self-declared “floor” at 1.20 still has traders scared of selling this pair. The...

By FX Empire.com AUD/USD rose on Thursday, as it continues to defy gravity. The pair looks overly bullish, but is slowing down the acceleration as it enters the 1.02 – 1.03 resistance area. This move has been parabolic, and...

By FX Empire.com The USD/CAD pair rebounded to the upside on Thursday amid rising risk aversion in markets, where worse than expected data from China raised concerns over the outlook for global growth, which put commodities...

By FX Empire.com Pessimism spread through European and U.S. markets on Thursday, where traders were disappointed with financial results from JPMorgan Chase, as despite announcing better than expected net income, yet the report...