Author: Irit Rutenberg

By FXEmpire.com The NZD/USD pair continued its wild swings on Thursday as the markets seem to run from one direction to another every 24 hours. The pair seems like it is in consolidation between 0.84 and 0.81 and could stay in...

By FXEmpire.com GBP/USD bounced on Thursday as traders bought into the markets, pushing risk higher again. However, this pair is finding a little bit of trouble at the 1.6300 area. This is roughly the area that once served as...

By FXEmpire.com The EUR/USD rose for a while on Thursday, but started to pull back in the later hours as the markets continue to go back and forth around the world. The pair is still grinding lower overall, and we prefer selling...

By FXEmpire.com The EUR/CHF pair rose on Thursday as traders ran from the Franc due to a comment from SNB officials suggesting that a peg to the Euro might be a possible solution to the rapidly appreciating Franc. This spooked...

By FXEmpire.com The AUD/USD pair rose again on Thursday as the trading world continues its tug-o-war on a global scale. The AUD/USD caught a bid in a risk-seeking move, and we are presently at the top of the most recent...

By FXEmpire.com EUR/USD continued its choppiness on Wednesday as the pair fell back to the 1.41 level again, and then promptly started to bounce back up again. The pair looks like what it truly is: a fight between two currencies...

By FXEmpire.com USD/JPY fell on Wednesday again, but managed to form a hammer, at the 77 support area. The pair is certainly being watched by the Bank of Japan, who has intervened recently and has been making statements about...

By FXEmpire.com GBP/USD fell on Wednesday, breaking below the 1.63 support area that had been the bottom of a recent rectangle pattern. We see this pair as being in two rectangles at the same time, with one being between 1.63...