Author: Irit Rutenberg

By FXEmpire.com The USD/CHF pair continued to rise during the Friday session as trader shed the Franc in fears of an eventual peg to the Euro. (This was mentioned as a possibility by some members of the SNB recently.) The truth...

By FXEmpire.com The EUR/CHF pair continues to rise as the SNB members suggested that a possible EUR/CHF peg could happen to stem the flow of money into the Franc. The truth is this move is a long way away, and that assumes it...

By FXEmpire.com The AUD/USD pair fell, and then rose on Friday as traders took on more risk in the later hours of the session. The recent consolidation area looks like it wants to be supportive of the market, and we feel that we...

By FXEmpire.com The USD/CAD pair rose again on Friday as the market found the oil contracts to be a bit sluggish. The oil markets are going to control the CAD for the foreseeable future, as it is a major export out of Canada....

By FXEmpire.com The NZD/USD pair fell and then rose on Friday, as the traders stepped in and took on more risk as the day grew older. The pair has been very bullish for quite some time, and it appears that it will continue to be...

By FXEmpire.com The EUR/USD pair is currently banging around in a massive potential flag. Either that, or a downward channel, and at the moment, either could be correct. The pair has been very difficult to trade lately form a...

By FXEmpire.com The USD/JPY pair continues to press to the downside as traders are buying up the Yen in massive quantities. However, the 77 level has proven to be supportive because of the Bank of Japan’s recent...

By FXEmpire.com USD/JPY had a back and forth day on Thursday as traders tested the lows again, but backed off as fear of intervention certainly must come into play every time we get close to the lows. The 77 level has become a...

By FXEmpire.com The USD/CHF pair rose on Thursday as a SNB member mentioned the possibility of a peg to the Euro. The truth is this rise if probably going to be short-lived, and traders should be on the lookout for any weakness...

By FXEmpire.com The USD/CAD pair fell on Thursday as the oil markets climbed, pushing the demand for Canadian dollars in the marketplace. The pair has a natural back stop in the form of parity, and the trend is certainly down....