Author: Irit Rutenberg

By ForexMansion.com   The USD/CHF formed a bullish hammer yesterday, and sat quietly throughout the day today. Holiday trading was very thin, and it appears that support hasn’t been decided yet....

By ForexMansion.com   Companies’ earnings from the United States were able to boost confidence in global financial markets, where most U.S. companies continue to announce higher than expected...

By ForexMansion.com   Asian currencies had grabbed attention after they rallied against the US dollar amid the global growth signs. The New Zealand dollar has continued its upside movement for a third straight day on...

By ForexMansion.com   The GBP/USD advanced last week after the improvement in retail sales and public finance data, where the split among MPC members that appeared in BoE minutes had slight negative impact on the...

By ForexMansion.com   The AUD/NZD fell slightly today as the 1.34 level is proving to be a little bit resistive. The pair has been falling, and that would make the bulls nervous. However, we have a major uptrend...

By ForexMansion.com   The AUD/USD rose in value again, surpassing the 1.07 mark, which was our original target based upon measuring the recent large consolidation area. The pair is still bullish, but needs to pull...

By ForexMansion.com   The EUR/CHF was quiet today, as we are currently testing the 1.30 area for direction. We are unable to make a clear trade signal based upon the action, and can only wait to see which direction...

By ForexMansion.com   The NZD/USD continues its remarkable run north as the Kiwi simply is one of the strongest currencies in the world at the moment. The NZD has been struggling at the 0.80 mark though, and could be...

By ForexMansion.com   The EUR/USD broke the 1.45 mark on a close today, signaling more buying to be had. Because of this, we are even more adamant about not wanting to be short this market. Buying on pullbacks is the...

By ForexMansion.com   The USD/CHF fell hard today, showing that the sellers have stepped back in. The all-time lows have been broken, and this shows fresh selling is happening. Because of this, the long-term bearish...