Author: Irit Rutenberg

By FXEmpire.com USD/CHF barely moved on Wednesday, even as the rest of the markets around the world fell apart. The pair was unusually quiet, and as such – we feel that a bounce could be coming. This would only be a...

By FXEmpire.com EUR/CHF rose, and then fell on Wednesday as traders sold off the world’s stock markets in a fear that the banking crisis in Europe is getting worse. The pair has been falling for a very long time now, and...

By FXEmpire.com The AUD/USD pair fell again on Wednesday as the world shunned risk in the marketplaces. The pair has broken down below the 1.02 support level, and looks set to continue the move downward, although it must be said...

By FXEmpire.com USD/CAD rose on Wednesday as traders ran from anything even remotely risk related, and the CAD suffered as a result. It should be noted that we stopped at the 0.9920 level, and that since then, we are pulling...

By FXEmpire.com NZD/USD fell hard on Wednesday as the markets around the world fell. The pair most certainly has plenty of support in the .80 area, and a bounce could come there, but we are starting to see that it is a bullish...

By FXEmpire.com EUR/USD rose as the Fed announced that it was keeping rates on hold until the middle of 2013. This sets up the USD for more weakness over time, but in the interim, the markets will continue to be nervous as there...

By FXEmpire.com The USD/JPY pair managed to pierce the 77 level during Asian trading, but fears of an intervention took over the psyche of the markets as traders would not push the BoJ any harder. This is probably going to be a...

By FXEmpire.com The GBP/USD pair had an absolutely wild day on Tuesday as trader pushed and pulled the pair, only to end the day unchanged. The recent price action suggests that the cable is happiest between 1.65 and 1.62, and...