Author: Irit Rutenberg

By ForexMansion.com   The USD/JPY rose today, forming a bullish candle that looks like we are holding the 80 level, which is absolutely vital to keep the Yen from appreciating too much. The central banks are waiting below, and...

By ForexMansion.com   The USD/CHF rose today but failed to rise above the 0.88 level – a resistance level by our measurements. Looking at this pair, it is possible that we may see a continuation of the bounce, but the trend is...

By ForexMansion.com   The USD/CAD fell today, confirming the sell signals we say last night. The 0.97 continues to be too strong for buyers, and should be considered a major area now. The pair closed at the very bottom of the...

By ForexMansion.com   The NZD/USD rose today and still appears to be bullish. Having said that, the pair is still stuck between 0.78 and 0.80 levels that form this consolidation range. The pair still remains a pair with a...

By ForexMansion.com   The GBP/USD fell today, but formed a bullish hammer at the all-important 1.64 level for the second day in a row. This looks very bullish as a double-hammer isn’t something you see every day. The highs of...

By ForexMansion.com   The GBP/JPY rose today, continuing to hold at the 130 area. The area has been a support and resistance area in the past, and continues to have an effect on price. The market needs to show us more strength...

By ForexMansion.com   The GBP/CHF rose today, and is pressing up against a significant resistance area at the 1.44-1.45 level. The market is decidedly bearish, so we are not buying even though the candle looks very strong. In...

By ForexMansion.com   The EUR/USD fell today again, but ended the day forming a hammer for the second day in a row and just above the 1.4350 area. This shows more underlying strength in this currency and that the USD may begin...

By ForexMansion.com   The EUR/JPY had a strong day today, bouncing hard from the 115 level. This level was an absolute necessity to continue the bullish tone overall. The central banks are below, and the market knows it. Because...

By ForexMansion.com   The EUR/GBP rose today, and is treading water at the all-important 0.88 level. This area is very important for the bulls to regain control, as if it gives – the support shall certainly fall apart. The...