Author: Irit Rutenberg

By FX Empire.com The GBP/USD pair fell hard on Friday after forming shooting star candles the previous two sessions. As we mentioned before, this is a bearish sign, and it finally triggered on Friday to produce sell signals. The...

By FX Empire.com The USD/CHF pair rose on Friday, and continues to hover above the 200-day moving average. Most traders recognize a breaking of the 200-day moving average as a trend change, and we certainly noticed the breaking...

By FX Empire.com The EUR/CHF pair fell on Friday, but still remains above the Swiss National Bank’s official line in the sand at 1.20. The 200-day moving average did repel this pair, so unlike the USD/CHF – this pair...

By FX Empire.com The AUD/USD fell on Friday, as did all risk-related currencies. However, the AUD is a bit insulated as there is massive demand for gold at the moment, and Australia has plenty of it. The area just below the...

By FX Empire.com USD/CAD rose on Friday as traders sold off the risk currencies around the world. The oil markets dipped as well, and this always spells trouble for the Loonie. The pair remains below the parity level however, (a...

By FX Empire.com NZD/USD fell hard on Friday, just as we suggested it would. The breaking of the bottom of Thursdays candle was the signal, and we fell fairly hard as a result. The 0.81 – 0.80 support zone is just below,...

By FX Empire.com EUR/USD fell apart this past week, and more specifically on Friday as there are many rumors as to whether or not the Greeks were preparing to default on their debts or not. Adding to the confusion, one of the...

By FX Empire.com USD/JPY rose during the previous week as the 77 level seems to be a “line in the sand” for the Bank of Japan. The area has held up extraordinarily well in the face of serious risk off type of trading...

By FX Empire.com Light Sweet Crude The CL contract pulled back on Thursday, but only slightly so as the $90 resistance level came into play. The market has had a bullish bias over the last few weeks, and we feel as long as it...

By FX Empire.com The natural gas markets rose on Thursday, again pushing up against the resistance in the $4.10 area. The area has proven to be very strong, and as such – we are alright with taking a small position on the...