Author: Irit Rutenberg

By ForexMansion.com   The EUR/CHF rose today, and in a strong manner. The pair looks like it wants to hold the 1.23 support level, and that we might be running towards the 1.28 resistance level. This area could be the resistance...

By ForexMansion.com   The AUD/USD rose for the fourth day in a row today, closing at the highs. Action like this is always very bullish, and there should be no question as to whether or not the 1.05 area is now a floor – it is....

By ForexMansion.com   The AUD/NZD still seems to be consolidating, and perhaps with a slightly bullish bias in the meantime. However, the market also seems to be drifting around, and we believe that there are better pairs to be...

By ForexMansion.com The USD/CAD pair declined on Tuesday as concerns over the European debt crisis eased amid speculations Greece will avoid restructuring its debt, while rising commodity prices boosted the Canadian dollar and...

By ForexMansion.com Mixed sentiments continued to dominate financial markets on Tuesday, where rising trade surplus in China supported global confidence, moreover, investors’ concerns eased over the outlook of the European debt...

By ForexMansion.com The EUR/USD continued to fluctuate on the back of the debt crisis that is back haunting the euro area amid the lack of major fundamentals. Greece remains the hot topic for Europe as investors speculate the...

By ForexMansion.com   Investors will wait for UK inflation report due at 09:30 GMT, yet it will be preceded by important trade balance data at 08:30 GMT. Visible trade deficit is predicted to widen to 7500 billion pounds in...

By ForexMansion.com   While the Swiss economy lacks fundamentals, the US will release trade balance for March at 12:30 GMT followed by monthly budget statement at 18:00 GMT. Yesterday, the dollar managed to pair its drop against...

By ForexMansion.com   The USD/JPY fell again today, and is hanging around the 80 level still. A break of the 80 level will certain get the attention of the central banks, and if we break lower – we are not willing to short...

By ForexMansion.com   The USD/CHF fell today and looks to continue the trend downward it appears. The recent bullish action was simply a bounce that gave sellers better entry points as this pair is seriously flawed at this...