Author: Irit Rutenberg

By FXEmpire.com The GBP/USD pair rose above the 1.65 area again on Friday, and fired off a lot of stops in that area. However, it should be noted that the area also produced a shooting star, and this could be a sign of selling...

By FXEmpire.com The USD/CHF pair had a fairly quiet day on Friday, even though the stock markets weren’t quiet at all. The pair is being artificially held up by the Swiss National Bank at the moment, and the...

By FXEmpire.com The EUR/CHF pair continues to sit still as the Swiss National Bank has stepped into the market to keep it afloat. The pair cannot fall because of the SNB, but one gets the impression it is only a matter of time...

By FXEmpire.com The AUD/USD initially rose on Friday, but was pushed back at the 1.05 level as trader began to sell off everything risk related again. The pair now sits a little bit above the 1.03 area, which could serve as...

By FXEmpire.com The USD/CAD pair had a wild day on Friday as the market sold it off, and then bought it later. The resulting candle looks somewhat similar to a hammer, but is in the middle of consolidation. The oil markets have...

By FXEmpire.com The NZD/USD pair rose, and then fell on Friday. The candle for the day looks very weak, and is actually a bit of a shooting star. The pair looks set to test the 0.8000 level, and if that area...

By FXEmpire.com The EUR/USD rose this past week, but failed to break above the 1.45 level for more than the briefest of moments. Because of this, we think the pair may still be struggling to gain any real traction. The potential...

By FXEmpire.com The USD/JPY pair fell this past week, but ended the session by forming a hammer on both the Friday candle, and the weekly candle. With the Bank of Japan wanting to push this pair up, it is probably only a matter...

By FXEmpire.com The USD/JPY continues its slow march south as the trading world tentatively tests the patience of the Bank of Japan. The central bank intervened just two weeks ago, and at levels just above where we presently...

By FXEmpire.com The USD/CHF pair remains somewhat stagnant as the trading community currently fears whatever means the Swiss National Bank are willing to take in order to keep the value of the Franc down. The pair has risen...