Author: Irit Rutenberg

By ForexMansion.com   The USD/CAD pair spiked today, but fell again as the 0.97 level showed how strong of a resistance area it really is. Because of the massive downtrend, we have been telling you this is a “sell on...

By ForexMansion.com   The EUR/GBP pair absolutely fell apart today, closing at the lows. As the market fell below the all-important 0.88 level, traders will certainly wonder if the pair has ran out of strength. Because of...

By ForexMansion.com   The GBP/CHF pair had another uneventful day today as neither the buyers nor sellers got the upper hand by the end of the session. Because of this, we are still waiting for a sign of who is going to...

By ForexMansion.com   The USD/CAD pair rose on Monday as investors headed for low yielding assets and shunned higher yielding ones; despite the lack of economic fundamentals, a huge wave of pessimism moved markets strongly,...

By ForexMansion.com   The British economy lacks fundamentals today, where eyes will be on BoE minutes for April’s rate decision, due later in the week, which included no change in the bank’s monetary policy....

By ForexMansion.com   The euro started the week with heavy bearishness as the EUR/USD head south in the European session with mounting losses amid the lack of data and prevailing debt woes. The 76 billion austerity measures...

By ForexMansion.com Amid the absence of data from the Swiss economy, the pair’s movements will probably depend on the US data due today. As of 12:30 GMT, the US will release building permits and housing starts for the...

By ForexMansion.com   Despite the lack of economic fundamentals on Monday, yet markets moved strongly, where China decided on Sunday to increase banks’ reserve requirements for the fourth time this year to control...