Author: Irit Rutenberg

By FX Empire.com The USD/CHF pair rose on Wednesday, as the Dollar was bought in general during the session. The market is in a “safety trade” mode, and the CHF is no longer considered a decent proxy for safety as the Swiss...

By FX Empire.com USD/CAD rose drastically on Wednesday as traders sold off the oil markets. The 1.03 area was the most recent high in this pair, and proved to be resistive. Because of this, we want to buy – but must see a new...

By FX Empire.com NZD/USD fell hard on Wednesday as traders sold off commodities in general. The Kiwi really suffers when the commodities lose, and the session wasn’t any different. The Monday hammer serves as a sell point now,...

By FX Empire.com GBP/USD had a slightly bearish day on Wednesday, but it should be noted a lot of those losses came late in the session again. This shows that rallies cannot be trusted, and they are simply providing selling...

By FX Empire.com The EUR/USD pair rose on Wednesday, but fell later in the day as traders sold off risk. The Euro still have massive uncertainty surrounding its prospects, so buying it doesn’t appeal to many. The market is...

By FX Empire.com EUR/CHF continues to dawdle around the current level as the Swiss National Bank is effectively protecting against the downward pressure in this market. The pair cannot be sold because of this, so buying is our...

By FX Empire.com Light Sweet Crude CL rose rapidly during the Tuesday session as the risk on trade came back into vogue. There is now hope that Europe may do what is necessary to avoid a recession, and with that – there should...

By FX Empire.com The natural gas markets rose on Tuesday, only to fail in the later hours as the market approached the all-important $4 level. The resulting candle is a shooting star, which is a bearish signal in a bearish...

By FX Empire.com The gold markets rebounded slightly during the Tuesday session, triggering a buy signal as it broke the top of the Monday range. The market looks set to bounce at this point, and the trend is certainly up – no...

By FX Empire.com USD/JPY continues to trade in a 100-pip range on Tuesday as traders are willing to consolidate instead of take on the Bank of Japan by selling this pair. The pair has been extremely reliable from a scalping...