Author: Irit Rutenberg

By FX Empire.com The GBP/USD pair fell after rising to the 1.55 level on Friday. The area was recently support, so a retest of it as resistance would be expected by the markets, and it did in fact fail to break above that area....

By FX Empire.com USD/CHF rose, but fell as well on Friday and then gained some ground back in the end of trading. The pair is decidedly bullish, and we now see dips as buying opportunities. The Friday action saw this pair test...

By FX Empire.com The AUD/USD pair fell again on Friday as traders continued to sell off riskier assets around the world. The resulting bar was a bit of a hammer, and a bounce wouldn’t be out of the question at this point....

By FX Empire.com USD/CAD climbed again on Friday as traders sold oil markets off in large amounts. The oil trade is directly related to the USD/CAD trade, and such we expect the CAD to gain in value as oil rises, and vice versa....

By FX Empire.com NZD/USD fell again on Friday as traders are selling any and all commodities. Being so sensitive to commodities has really punished this currency over the last couple of days, and as the world continues to worry...

By FX Empire.com EUR/USD fell below the 1.35 level during the week, but managed to pop just above it at the close. The pair certainly has a lot of pressure on it at the moment, but with the G-20 meeting over the weekend, there...

By FX Empire.com The USD/JPY fell again this past week, but formed a hammer at the 76 level – something is up. The Bank of Japan has been jawboning the pair as it reaches this level, and people are starting to speculate...

On Thursday, the pound continued its decline against the dollar, hovering around eight-month low, as worries stemming from theU.S.and the current sluggish growth pace worldwide sparked demand on low-yielding currencies. The Fed...