Author: Irit Rutenberg

By FXEmpire.com Gold markets fell for the majority of the session on Monday, only to bounce back and form a bit of a hammer. The biggest problem of course is the fact that this hammer is in the middle of massive congestion, so...

By FXEmpire.com Analysis and Recommendations: Crude Oil is trading at 87.58 seesawing between small gains and small losses, with little direction, while investors await the official release from the IMF on global growth. Crude...

By FXEmpire.com Analysis and Recommendations: Silver is trading at 27.32, as precious metals traded little changed today, retaining gains from the previous session clocked up after China’s growth data came in on target and...

By FXEmpire.com Analysis and Recommendations: Gold is trading today at 1590.65 after falling in early trading; gold was able to rebound after the disappointing US retail sales reports. (see below). Gold futures edged modestly...

By FXEmpire.com Analysis and Recommendations: Natural Gas continues to trade strong, giving back only a few pips after its gain the end of last week. NG is trading at 2.866. Price of natural gas has increased significantly since...

By FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.0151 as the USD maintains strength here although it fell after retail sales missed their mark. Traders were worried that the drop in consumer confidence...

By FXEmpire.com Analysis and Recommendations: The EUR/GBP is trading at 0.7847 as the sterling was able to continue to capitalize on the weakness of the euro. The weight on the euro is unbearable, although it tumbled to 1.2167...

By FXEmpire.com Analysis and Recommendations: The EUR/USD is trading at 1.2240 after making a huge comeback. The euro had tumbled as low as 1.2176 today and it looked to go lower, until US sales figures shook the markets. The...

By FXEmpire.com Analysis and Recommendations: The GBP/USD is trading at 1.5599 in a surprising day, traders had expected the sterling to tumble today, it was exhibiting bearish signs since last week. With the weakness in the USD...

By FXEmpire.com At the end of last week, trading in the Eurodollar showed some strange action. There were very few economic data on the calendar in Europe. An Italian bond auction passed without having any major impact on global...