Author: Irit Rutenberg

By ForexMansion.com   The EUR/USD had a break out day today as the pair broke above the 1.47 area with conviction. Because of this, the 1.45 area can now be considered a floor of sorts, and that buying is the only direction you...

By ForexMansion.com   The USD/JPY gained massively today, as the markets took off around the world. It should be noted that this pair is the weakest of all of the XXX/JPY pairs, as the USD is so weak at the moment. Today’s...

By ForexMansion.com   The AUD/USD pair skyrocketed again today as the gold markets were very bullish. The Aussie benefitted from the massive buying the gold markets saw in the afternoon as the Fed decided to continue with QE2....

By ForexMansion.com   The EUR/CHF rose with conviction today, as the Euro got a boost from the US dollar weakness market wide. The EUR/CHF looks very bullish from the 1.27 area, as it has proven its supportive nature. The 1.30...

By ForexMansion.com   The AUD/NZD launched itself today, as the Aussie benefitted directly from the rise in gold prices. The pair has been in an uptrend for ages, and this move might signal another leg up now. The 1.33 could be...

By ForexMansion.com   The GBP/JPY rose massively today, as traders got the green light to take risks in the various financial markets around the world from the Federal Reserve. As long as the central bank is willing to be...

By ForexMansion.com   The USD/CHF pair had a bizarre day today, first shooting higher – only to fall again. While this only proves the inherent weakness in this pair, trading this pair on the short-term charts was probably a...

By ForexMansion.com   The EUR/JPY absolutely took off today, as traders got excited by the continuation of easy money from the Federal Reserve. As long as the central bank is willing to be accommodative, the markets will react...

By ForexMansion.com   The USD/CAD had a tough day today as traders bought in the early hours, only to sell it off again after the Federal Reserve meeting and news conference. The pair is decidedly bearish, and this was...