Author: Irit Rutenberg

By ForexMansion.com The EUR/CHF continues to sit still, and is being rather difficult to trade recently. However, the overall bias still looks negative, and selling is preferred. Until we get a strong candle in one direction or...

By ForexMansion.com The GBP/USD pair fell today, but did manage to bounce back later. The bar formed is a long legged doji, and shows that the pair is a little confused at the moment. This isn’t surprising, as it has been...

By ForexMansion.com The EUR/GBP has finally broken in a direction. Although we haven’t broken higher than the recent highs, this bar certainly shows the underlying desire of the marketplace. Now it is simply a matter of...

By ForexMansion.com The GBP/JPY is currently flirting with the bottom of the 134-135.50 area that was so important recently. This shows that the bears might be trying to push harder as we fall. The truth is that there are...

By ForexMansion.com The USD/CHF market fell today, breaking to all-time lows as it broke below the 0.88 mark, an area that was once almost impenetrable – at least last week. The pair looks weak, and selling is the only...

By ForexMansion.com The USD/JPY is currently testing the 80-81.50 area, which has been support several times over the last year or so. This pair was directly intervened by 6 central banks recently, so selling is very risky. If...

By ForexMansion.com The EUR/USD Rose today, firmly suggesting that the 1.45 area is going to be supportive. Because of this, buying is still the only way to go in this pair as we are making new highs again. Selling would simply...

By ForexMansion.com The NZD/USD pair continues to defy gravity, and has broken to new highs yet again. However, a trader can’t help but feel that this rally is way overextended, and that a significant pullback could be...

By ForexMansion.com The AUD/NZD pair fell, and is looking like it wants to come back down and retest the 1.32 level. This isn’t so much a statement about the Aussie, as it is simply the massive strength shown by the Kiwi...