Author: Irit Rutenberg

By FX Empire.com Light Sweet Crude The CL contract had a wild day on Tuesday as the markets went back and forth over the course of the day. The market seemed somewhat “stuck” at this point in time, and the area just above the...

By FX Empire.com Natural gas had a second bullish day in a row on Tuesday, something it hasn’t done in quite some time. However, there is simply far too much natural gas out there for any rally to sustain itself, and the bounces...

By FX Empire.com The gold markets fought hard for gains on the Tuesday session, and managed to pierce the resistance level, but only to fall in the end. The resulting daily candle is a bit of a hammer, but at the top of the...

On Tuesday, the GBP/USD halted its rise as investors remained cautious before the Slovak vote for expanding the European rescue fund later in the day. The Slovak Parliament will discuss the expansion of the EFSF amid frictions...

By FX Empire.com USD/JPY sat still again on Tuesday as traders continue to scalp the market at best. The pressure on the pair is significant, but not so much as to press the patience of the Bank of Japan, who are more than...

By FX Empire.com USD/CHF rose slightly during the Tuesday session as the Dollar found itself in trouble, but the safety of the Franc wasn’t needed. The pair is being held aloft by the Swiss National Bank as the central bank is...

By FX Empire.com USD/CAD rose, and then fell during the session on Tuesday, forming a shooting star-shaped candle at the end of the session. The pair has recently fallen, and the shape of the candle suggests that trouble could...

By FX Empire.com NZD/USD rose in later hours of trading after first falling on Tuesday. The pair is highly correlated with commodities, and as such enjoyed a bounce from the lows over the last couple of days. However, the pair...

By FX Empire.com The GBP/USD pair had a fairly quiet day as the markets were largely in rest mode for the Tuesday session. The pair has bounced as high as 1.57, but the area proved to be overly resistive to the advance of bulls...

By FX Empire.com The EUR/USD pair rose again on the Tuesday session as traders really didn’t have much to focus on during the session. The pair wants to rise, mainly as an oversold bounce at this point, but the consensus...