Author: Irit Rutenberg

By FXEmpire.com The NZD/USD fell hard on Thursday as the markets ran from anything risk related. The Kiwi dollar looks very vulnerable at this point as the 0.85 level gave way without a fight. The next major support level is...

By FXEmpire.com GBP/USD fell precipitously on Thursday as traders found nothing but a wall of fear out there. The markets have turned decidedly bearish, and the Dollar is a bastion of safe haven trading. The jobs report us due...

By FXEmpire.com The EUR/USD pair fell on Thursday as the trading community ran for the hills. The ECB basically said nothing at its conference call on Thursday, and that spooked the markets. The pair has taken a decidedly...

By FXEmpire.com EUR/CHF fell again on Thursday as traders ran for cover in the markets. Fears of global slowdowns and recessions have sparked a massive selloff in all risk-related assets, and the EUR/CHF pair fell in unison. We...

By FXEmpire.com The AUD/USD pair fell apart on Thursday as traders ran from anything risk-related. The 1.05 area is starting to give way, and if they do – 1.02 will be in the cards almost right away. The pair is a risk-related...

By FXEmpire.com The EUR/USD continued its schizophrenic behavior on Wednesday as trader bought the currency, mainly in the US session to retest the 1.4350 resistance area. The issues in the Euro zone keep us from owning this...

By FXEmpire.com USD/JPY fell again on Wednesday as traders continue to take risk off in the markets. The pair is certainly oversold, but then again – it has been for a very, very long time. The Bank of Japan has been jawboning...

By FXEmpire.com The GBP/USD pair shot straight up in Wednesday trading, and closed the day towards the top of the range. This is a very bullish sign for cable, but now it is nearing the 1.65 area – an area that has given it...