Author: Irit Rutenberg

By FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.0115 as a stronger US gains momentum as the CAD is flat from yesterday’s close and up 0.7% over the past five sessions, ending a week in which the...

By FXEmpire.com Analysis and Recommendations: The EUR/GBP continues to fall trading at 0.7782 off by 0.0028 as EU worries and domestic public finance data drive concern over the ability of the UK to meet its fiscal targets....

By FXEmpire.com Analysis and Recommendations: The GBP/USD is trading at 1.5671 as the pound could not hold at the 1.57 price level, sterling is weak, down 0.2% and a mid performer among the majors, as EU worries and domestic...

By FXEmpire.com Analysis and Recommendations: The EUR/USD is trading at 1.2198 as eurozone weakness continues. The absence of data and a desire to pare risk ahead of the weekend is driving widespread USD strength as we approach...

By FXEmpire.com EUR/USD had a volatile session on Thursday, to essentially end up unchanged. With the three hammers from the previous sessions this week it looks like this pair is trying to find a bit of support in the general...

By FXEmpire.com The USD/JPY pair managed to fall below the 78.75 level and hit the 78.50 level during the Thursday session. The market does of course look fairly weak, but we also know that the Bank of Japan has been involved in...

By FXEmpire.com The GBP/USD pair managed to bust through the 1.57 level during the Thursday trading session, to essentially test the massive resistance area that leads all the way to the 1.58 level. This is an area that...

By FXEmpire.com The EUR/GBP pair fell during the Thursday session, to break the triple low that we had seen formed earlier this week. This of course is a very bearish signal, and as such many traders would have shorted this...

By FXEmpire.com The EUR/JPY pair managed to fall yet again on the Thursday session, to print another hammer. This looks relatively supportive, and as such we are willing to sell at this low level. We think a bounce is fairly...

By FXEmpire.com The AUD/USD pair rose again during the Thursday session as the Aussie continues to impress. The breakout above the 1.03 level has been confirmed by all accounts, and does look like the real thing at this point in...