Author: Irit Rutenberg

By FX Empire.com USD/CHF fell on Tuesday as traders sold the Dollar to buy riskier assets in general. However, the USD/CHF pair did see a bit of a rebound late in the day as the rallies worldwide fell off. The pair is being...

By FX Empire.com The USD/CAD pair fell hard on Tuesday as the 1.03 level proved to be too much. We suggested that a break of the Monday low would be a sell signal, and this proved to be true. However, mixed signals coming out of...

By FX Empire.com NZD/USD rose during the Tuesday session as the world reacted to a belief that the EU was getting closer to reaching a solution to the debt crisis. However, the pair failed at the 0.8000 resistance level that we...

By FX Empire.com GBP/USD spiked on Tuesday, continuing the three day rally in this pair. However, there was a bit of a selloff late in the session and this created a long wick at the top of the candle. The pair is most certainly...

By FX Empire.com EUR/USD rose for the session on Tuesday, but pulled back late in trading as reports came out of the EU that there was some kind of disagreement on the amount of “haircuts” or losses on Greek bonds. If this part...

By FX Empire.com EUR/CHF still remains very stagnant as the Swiss National Bank continues to stand guard against the rising of the Franc. With the EU situation still very cloudy, it is going to be hard to buy this pair, but the...

By FX Empire.com The gold markets fell hard on Monday, but bounced to form a hammer at the $1,600 mark. This shows that a lot of buyers stepped in to bargain hunt in this strong bull market at the big figure. We suspected this...

By FX Empire.com Natural gas markets had a rare strong day on Monday as traders played a bit of a bounce. The $4 level overhead still looks very resistive at this point, so the pop in price is more of an opportunity to sell at...

By FX Empire.com Light Sweet Crude The CL contract fell on Monday, but found massive support at $80. The level has produced an impressive bounce, and it looks like the floor is currently being set by some. The candle formed was...

By FX Empire.com EUR/USD had a wild back and forth day on Monday as traders continue to weigh everything European. The end of the US session received an announcement that the Europeans are in the middle of formulating a...