Author: Irit Rutenberg

By FXEmpire.com Introduction: The Australian dollar still isn’t in its good old days, but the performance is definitely improving. Resistance lines tend to work in a smoother manner than support lines, but they also work...

By FXEmpire.com Introduction: This is one of the most popular crosses. The primary reason why EUR/JPY has rallied 11 percent over the past 3.5 months is because of US growth – not many people realize that the price action...

By FXEmpire.com Introduction: The recent strength of the kiwi, a currency sometimes overlooked by traders, made its moves much more predictable. This applies to support and resistance lines alike. This is a very safe pair to...

By FXEmpire.com Analysis and Recommendations: The EUR/USD is trading at 1.2322 as the US dollar regained some momentum. Eurozone current account came in at +15.7bn; while the trade balance came in at +10.5bn partially driven by...

By FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 0.9896 as the USD gained 0.0030 in the morning session. Canadian CPI disappointed markets today, but had little effect on the currency. The US data...

By FXEmpire.com Analysis and Recommendations: The EUR/GBP is trading at 0.7846 down a few pips off by 0.0009 as the euro lost a bit of its momentum. Eurozone current account came in at +15.7bn; while the trade balance came in at...

By FXEmpire.com Analysis and Recommendations: The GBP/USD held steady today trading at 1.5703. GBP is flat however traders appear eager to test the upside of the range, with resistance first at the 100-day MA at 1.5753 followed...