Author: Irit Rutenberg

By FXEmpire.com The GBP/USD pair surge during the Friday session as the “risk on” trade came back into play. The US dollar was beat up pretty much around the world, and as such certain pairs really accelerated to the...

By FXEmpire.com The EUR/GBP pair fell during the Friday session to break the bottom of two hammers. This is a very bearish sign, and suggests that this pair will continue much lower. The fact that it has sold off so viciously...

By FXEmpire.com EUR/JPY pair rose during the Friday session, to bounce from the 96.50 level. However, this candle looks relatively weak, and of course didn’t recapture most of the losses on Thursday. With this in mind, we...

By FXEmpire.com The AUD/USD pair rose during the Friday session, as risk appetite increased during the Friday session. The pair has been struggling lately, but this previous week’s bearishness has been all recovered due to...

By FXEmpire.com The USD/CAD pair fell hard on the Friday session, as the risk appetite improved around the world. However, we are sitting just at the support level, and as such we think that a move further might be complicated...

By FXEmpire.com The NZD/USD pair rose during the Friday trading session, to reclaim all of the losses suffered on Thursday. It appears that the 0.79 level is going to hold as significant support in this market, but it has to be...

By FXEmpire.com The EUR/USD pair had a negative week over the last five sessions, but at the end of the week we saw buyers step in to support the common currency. The market certainly was oversold the previous week, and it is...

By FXEmpire.com The USD/JPY pair bounced around during the previous week between the 79 and 80 handle This market is fairly tight, and therefore very difficult to trade with any long-term perspective at all. However, we see that...

By FXEmpire.com GBP/USD had a wild week as we initially saw a fall in this currency pair, and a breaking of the support level at the 1.55 handle. Initially, this looked like it was going to be a currency pair that was entering...

By FXEmpire.com The EUR/GBP pair continued to fall during the previous week, as the British pound got a boost on Friday. It should be noted however, that the Euro also got a bit on Friday as well. But the overwhelming trend is...