Author: Irit Rutenberg

By ForexMansion.com   EUR/CHF formed a doji this week, confirming that it is a sideways market. The EUR/CHF simply looks like it doesn’t know what to do, and looks confused at best. Because of this – we are avoiding this...

By ForexMansion.com   The EUR/JPY is sitting around the 120 area, falling just shy of it. This pair certainly needs some kind of catalyst in order to move, and is currently waiting for that. If this pair falls, we could see 115...

By ForexMansion.com   The GBP/CHF is still sitting around the 1.46 -1.45 area, and is simply sitting still at this level. Until we see a strong move in one direction or another – there isn’t much of a trade to be had. The pair...

By ForexMansion.com   GBP/CHF continues to fall, and is now retesting the lows as traders look to Switzerland for safety. The pair looks very weak as the “bounce” has failed this week, and we expect a fall. The real question is...

By ForexMansion.com   GBP/JPY formed a bullish hammer that bounced off of the 135.50 area. The pair looks like it wants to continue the move upward as the 135.50 area is so important. Knowing this – it looks like a buy on the...

By ForexMansion.com   The EUR/CHF had a much quieter day today as traders stayed away for the holiday. The pair still remains in the confines of the previous day’s range, and is looking rather flat at the moment. Until we get a...

By ForexMansion.com   AUD/NZD formed an inside candle, showing that the market is slowing down. This could show that the bulls are starting to show back up, as it is green and that the 1.32 area is holding for the moment. The...

By ForexMansion.com   EUR/GBP continues to bounce around the 0.88 level, as the area looks like a magnet for the market. The last three weeks have produced a hammer, a shooting star, and a doji. This is the epitome of a market...

By ForexMansion.com   EUR/JPY formed a bullish hammer that bounced off of the 116 area. The pair looks like it wants to continue higher, and a move above 120 gets us excited for buying this market. Selling can’t be done as...

By ForexMansion.com   USD/CAD printed a negative-biased doji this week, as the value of the USD continues to fall. The CAD will certainly gain strength if the price of oil continues to rise as well. The pair looks very weak,...