Author: Irit Rutenberg

By ForexMansion.com   The AUD/USD has reached and moved beyond our projected 1.07 target today, as the bulls keep buying this pair. Certainly it looks like a pullback could be needed – but selling isn’t an option. Simply wait...

By ForexMansion.com   The USD/JPY was very quiet today, sitting at the important 82.50 area. This area looks to be support, but only time will tell if that is true. Waiting to see a massive move in one direction or another is...

By ForexMansion.com   The GBP/CHF fell back to the 1.45 area again, showing a decided lack of conviction in either direction again. The area looks to be a consolidation zone in the making. This shows that the market is currently...

By ForexMansion.com   Broader markets were put in an explosive mode on strong US corporate earnings that exceeded expectations. The results signaled global recovery could be accelerating, boosting confidence and increasing...

By ForexMansion.com   The EUR/JPY rose today, showing that the 120 level wants to act as a magnet. We believe that with the central banks below, this pair should continue to rise in value. If we break above the 120 level, look...

By ForexMansion.com   The AUD/NZD is finally showing signs of continuing its long-term trend as we have been raising the last couple of days. The 1.32 has proven supportive, and should be thought of as a barrier for the sellers...

By ForexMansion.com   The EUR/GBP rose today, showing strong EUR bullishness. We are floating around the 0.88 mark again, as this pair seems overly attracted to it. Because of this, we think that this pair may continue...