Author: Irit Rutenberg

By FXEmpire.com The AUD/USD pair formed a shooting star on Tuesday after initially trying to surge on optimism. The pair does look rather weak at this point in time, and judging by last week’s shooting stars at the 1.03...

By FXEmpire.com The USD/ CAD pair initially fell during Tuesday trading, only to turn around and bounce. The 1.0150 level looks like it’s trying to be supportive again, and there is the possibility that we are simply just...

By FXEmpire.com The NZD/USD pair fell after initially trying to surge during the Tuesday session. Although it didn’t break the bottom of the hammer from Monday, at the time of this recording it is testing it. This does...

By FXEmpire.com The silver markets fell during the Tuesday session as further concerns of European slowdowns dominate market headlines. However, with the relative quiet in the marketplace due to a lack of economic announcements,...

By FXEmpire.com The light sweet crude market fell again during the relatively quiet Tuesday session. The market has recently failed an attempt to break above the $90 level, and it does appear that we are currently forming a...

By FXEmpire.com The natural gas markets had another bearish session on Tuesday as the three dollar level continues to be very resistive. The recent action has been fairly bearish, and we are willing to sell just below current...

By FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 79.32 as traders await the BoJ and the FOMC. Today, the FOMC meeting minutes will be released, where investors are hoping to be able to interpret the Fed...

By FXEmpire.com Gold markets fell during the session on Tuesday as the markets were a bit concerned by reports of the Italian prime minister suggesting that he could not rule out Italy needing to dip into some European bailout...

By FXEmpire.com Analysis and Recommendation: The AUD/USD is trading at 1.0198 as the pair is at the whim of the DX, which continues to climb. This morning RBA Lowe gave a public address, in which he stated the Australia economy...

By FXEmpire.com Analysis and Recommendations: The EUR/JPY at 97.23 as the euro continues to weaken with little results from the Eurogroup meeting and the German courts delaying their decision on the emergency fund, there is...