Author: Irit Rutenberg

By FXEmpire.com Yesterday, the EUR/GBP cross rate hovered in a sideways consolidation pattern in the lower half of the 0.79 big figure. There were very few eco data in Europe and in the UK. So, trading was mostly technical in...

By FXEmpire.com EUR/USD tried to rally during the Monday session, and although it did succeed to a point looks very weak nonetheless. The 1.23 level was overtaken again, but only just and without any serious conviction. This has...

By FXEmpire.com The USD/JPY pair managed to gain slightly during the Monday session, in otherwise tight trading ranges in financial markets around the world. With the poor jobs number last Friday, there was a lot of “risk...

By FXEmpire.com Analysis and Recommendation: The USD/JPY remains in a tight channel in the mid 79 price range, as risk aversion remains high and negative eco data from both countries weakens their value. The US is still getting...

By FXEmpire.com The GBP/USD pair had a slightly positive session on Monday as traders came back to resume the consolidated of tone in this currency pair. The 1.55 level has been sportive for the last month or so, and it looks as...

By FXEmpire.com Analysis and Recommendation: The AUD/USD is trading at 1.0171 as the Aussie faces a barrage of eco data over the next few days. The USD continues to surge against its trading partners, as speculators look to the...

By FXEmpire.com Analysis and Recommendations: The EUR/JPY remained under the 100.00 level trading at 97.77 as the euro continues to sink against most of its trading partners. With little results from the Eurogroup and ongoing...

By FXEmpire.com The EUR/GBP pair initially tried to rally during the Monday session, but fell as people realized they were buying the Euro. (At least that’s a thought!) The pair has broken down below the previous support...

By FXEmpire.com Analysis and Recommendation: The NZD/USD is trading at 0.7942. The New Zealand dollar has dipped back from a record-high versus the euro as markets prepared for European finance ministers to finalize the EU bank...

By FXEmpire.com The EUR/JPY pair rose during the session on Monday as a bit of profit taking may have been involved. There were no positive announcements coming out of Europe, however there really weren’t many negative...