Author: Irit Rutenberg

By FX Empire.com The GBP/USD fell during the session on Wednesday, and broke the fresh lows again. However, during the latter hours of the session, we saw optimism reenter the market as three EU heads of state had a conference...

By FX Empire.com USD/CHF fell slightly on Wednesday as traders sold the USD in general. However, the pair cannot be sold because of the Swiss National Bank and its “peg” to the EUR. Because of this, the bank is willing to sell...

By FX Empire.com The Swiss National Bank has recently pegged the Franc to the 1.20 mark, and that is exactly where we find ourselves over the last several days. The pair isn’t moving, and that is because few people are bullish...

By FX Empire.com AUD/USD fell hard during the first part of the session on Wednesday, but then shot straight up as the markets had found a footing in the US session. The resulting candle for the day is a hammer, and it looks...

By FX Empire.com USD/CAD rose during the Wednesday session, but the latter hours saw the pair falling. Because of this, it looks like the parity level is going to be very difficult to break above for any length of time. The pair...

By FX Empire.com The NZD/USD pair fell on Wednesday as traders sold some of the more risky currencies. The pair looks like it is finding support in the 0.81 zone, and as such – we feel a bounce is coming. However, it must be...

By FX Empire.com Light Sweet Crude CL fell on Wednesday, but remains contained in an ascending triangle just under the $90 mark. The market looks very bullish, and this move looks like it is almost a given at this point. The...

By FX Empire.com The natural gas markets rose again on Wednesday, but fell in the late part of the session. The market failed at the $4.05 area, which is just under our $4.10 resistance level. We feel that a position can be...

By FX Empire.com The EUR/USD got a pop on Tuesday as traders reacted to every piece of news or rumor coming out of the Euro Zone. The reports of a joint statement coming out of the French and German governments gave a rise to...

By FX Empire.com USD/JPY fell on Tuesday, as traders sold the USD against most currencies. The main reason is that nothing bad came out of Europe for once. The truth is this pair is very heavily supported just below these...