Author: Irit Rutenberg

By FX Empire.com The GBP/USD pair continues to run towards the 1.5750 area, a level that we feel is absolutely vital to the uptrend that had formed in the cable over the last year or more. The pair looks very weak, and there has...

By FX Empire.com The USD/CHF remained above the 200-day moving average on Monday, even though we have seen a slowdown over the last couple of sessions. With the massive move on the Swiss National Bank’s action last week,...

By FX Empire.com EUR/CHF fell slightly on Monday, but all losses are fairly well caped at this point with the Swiss National Bank willing to step in. Their self-imposed “line in the sand” is 1.20, so it is no...

By FX Empire.com The AUD/USD pair fell hard on Monday as the world sold of risk in the various markets. The gold market fell, and as that can sometimes support the Aussie as well. The pair looks set to continue the fall back...

By FX Empire.com The USD/CAD pair managed to pierce the parity level on Monday, but was quickly repelled as sellers stepped in at that all-important resistance area. The pair is still decidedly in a downtrend overall, it should...

By FX Empire.com NZD/USD fell and rose in the same session on Monday. The pair looks like it is finding a bit of support in the 0.8150 area, and could perhaps find a slight bounce. The resulting doji for Monday sets up an easy...

By FX Empire.com Light Sweet Crude The CL market had a choppy day on Monday, as it was both positive and negative in the same session. The oil markets continue to grind as this market finished higher, but the velocity suggests...

By FX Empire.com The natural gas markets fell on Monday, but managed a bit of a bounce in the late hours as the $3.85 level proved supportive. The market has been stuck between $4.10 and $3.80 recently, and the hammer that...

By FX Empire.com The EUR/USD pair finally came undone during the Friday session, and we have had a major breaking of support as a result. The pair smashed through the last of the support that it had, and as a result is now a...

By FX Empire.com The USD/JPY fell after first rising during the Friday session to form a hammer just above the all-important 77 handle. Because of this, we are getting more and more interested in perhaps going long this pair....