By ForexMansion.com The GBP/USD pair took off today and looks more bullish than ever as the candle today is decidedly green and long. This pair seems to be stretching to reach 1.70, and with the Federal Reserve’s lack of...
Read MoreBy CommoditiesMansion.com Natural Gas continues to tread water at this level, showing that the $4.40-$4.50 area is going to be difficult to break through. However, it should be noted that the latest low is higher than the one...
Read MoreBy CommoditiesMansion.com Gold absolutely exploded to the upside today, as the Fed announced it wasn’t doing much to protect the US dollar. By extension, this pushes up the price of many commodities, especially the precious...
Read MoreBy CommoditiesMansion.com Crude oil prices rose on Wednesday above $112 a barrel despite that a report from the Department of Energy showed crude oil inventories increased above expectations, while the U.S. dollar slightly...
Read MoreBy CommoditiesMansion.com Natural gas prices extended the decline on Wednesday for a third consecutive day on expectations of improving weather conditions in the South, which led to expectations of lower demand for power-plant...
Read MoreBy ForexMansion.com The AUD/NZD pair inclined to cover its previous losses, as the Australian dollar recorded a new all time high verses greenback, supporting the AUD/NZD pair to move to the upside. The Aussie rose sharply and...
Read MoreBy ForexMansion.com The New Zealand currency strengthened to a three-year high versus its major counterpart the US dollar after the New Zealand economy showed its business confidence surged to 14.2 during the month of April,...
Read MoreBy ForexMansion.com The USD/CAD market continues to hover around the 0.95 area, and shows signs of stabilization currently. The market looks like it is still trying to bounce, but it is so bearish overall that buying simply is...
Read MoreBy ForexMansion.com The EUR/JPY is currently hitting the bottom of the 120 area that was has been so important lately, as it is resistive and could represent a break out if we can get a close above it. The pair currently looks...
Read MoreBy ForexMansion.com Today the Federal Reserve concludes its two-day policy meeting, and all eyes will turn to the statement that will be released later in the day and the first-ever press conference that Bernanke will hold...
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