Author: Irit Rutenberg

By FXEmpire.com Yesterday, the most important news statement was all but overlooked by markets as global traders were focused on central banks. Yesterday in an interview, German Chancellor Angela Merkel suggested she has some...

By FXEmpire.com The EUR/USD pair fell during the session on Wednesday, to form another negative candle in an already oversold condition. However, the candle did get a bounce later in the day to form a third hammer. This suggests...

By FXEmpire.com The USD/JPY pair fell during the session on Wednesday to retest the 78.75 support level that it visited the previous two sessions. The market looks relatively weak, but the fact is the Bank of Japan is underneath...

By FXEmpire.com The GBP/USD pair fell over the course of the Wednesday session, only to turn around and bounce to form the third daily hammer in a row. Triple hammers are a very rare occurrence in the Forex markets, and when we...

By FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 78.56 having broken out of the trading range in the low 79 price level. The JPY is outperforming most of its peers on the crosses, with relative strength...

By FXEmpire.com The EUR/GBP pair fell during the session on Wednesday, to continue the consolidation that we’ve seen over the last three days. The market looks like it is trying to consolidate before another push down, but...

By FXEmpire.com Analysis and Recommendation: The AUD/USD is trading this morning at 1.0391 as it continues to climb. Against the euro the Aussie is breaking records trading at 0.8456. Awakened euro and the opposing moves by the...

By FXEmpire.com Analysis and Recommendations: The EUR/JPY is trading at 96.54 as it continues its daily tumble against the JPY. With little eco data and little in news flow, the euro continues to weaken against all of its...

By FXEmpire.com The EUR/JPY pair fell during the Wednesday session as the Euro continues to suffer against the safety currencies. The 96.50 level seems to be significant support, so we are not ready to start shorting this pair...