Author: Irit Rutenberg

By FXEmpire.com The GBP/USD pair attempted to break above the 1.65 level again on Monday, but was pushed back as traders sold the Pound at this massive resistance level. The stock markets found themselves selling off later in...

By FXEmpire.com With the Swiss National Bank artificially lifting this pair, the Monday session saw very little action in the USD/CHF pair. The Swiss Franc has been abandoned by the average trader, and is starting to sit still...

By FXEmpire.com The EUR/CHF is essentially a dead market at this point. The Monday action was virtually non-existent, and will more than likely remain so as the Swiss National Bank has been active in trying to push this currency...

By FXEmpire.com The AUD/USD pair had a bullish day, but fell late in the session to form a shooting star just below the 1.05 level – a major area of resistance. Because of this, it appears this pair will fall from here,...

By FXEmpire.com The USD/CAD pair fell and then rose on Monday, showing how much the markets lack conviction these days. The oil markets are playing havoc with the CAD, and the appreciation of said currency is simply difficult to...

By FXEmpire.com The NZD/USD pair rose on Monday, and seems to have found a bit of support at the 0.82 level. The pair is decidedly bullish, but the latest action is somewhat contradictory. The 0.8000 level below here is major...

By FXEmpire.com The EUR/USD rose on Friday, but managed to find the top of the recent downtrend channel resistive. The pair looks like it is stuck between two levels at the moment, the 1.4250 and 1.45 levels. The market is...

By FXEmpire.com The USD/JPY pair fell hard on Friday, especially during the US session. The pair is suffering from the “flight to safety†trade at the moment as traders buy the Yen in droves around...