Author: Irit Rutenberg

By ForexMansion.com   NZD/USD continues to defy gravity on both the daily and weekly charts. The 0.80 level is currently being tested, and if the recent past is any indication – should give way sooner or later. However, if...

By ForexMansion.com   AUD/NZD fell again today, and not surprising if you think about how the NZD has been doing in general. Because it doesn’t want to fall – it won’t lose value against the AUD. This pair is continuing a...

By ForexMansion.com   USD/CAD tried to rally today, but fell short as it ended up printing a shooting star. This bodes well for the sellers as it looks like the 0.97 level is holding firm for the sellers. This points to lower...

By ForexMansion.com   EUR/JPY had a bearish day today, but stopped just short of breaking below the hammer from Thursday. It still looks like it is trying to find support, but the buyers haven’t taken control yet. The sellers...

By ForexMansion.com   USD/JPY had a bearish week, pulling back some of those gains due to central bank intervention and the mass covering that an event like that causes. However – it is still above the important 80 mark and...

By ForexMansion.com   GBP/CHF fell today, testing the bottom of the recent hammer shaped bars. The level held though, but looks like it will seriously be tested soon. If we break below the 1.45 level, we could see a push below...

By ForexMansion.com   USD/CHF is currently sitting right at the all-time lows. This pair looks very weak, but managed a virtually unchanged day today despite all of this. Sellers are looking for a rally to fade or possibly new...

By ForexMansion.com   EUR/GBP formed a shooting star this week, after forming a hammer last week. Because of this, it looks very confused at the moment, and a break above or below needs to happen in order to determine direction...

By ForexMansion.com   GBP/CHF fell this week, after being set up last week by a shooting star. The pair has been in a major down trend, as this trading community looks to Switzerland for safety in uncertain times. The 1.45...

By ForexMansion.com   GBP/JPY fell hard today, testing the bottom of yesterday’s hammer. The level held though, and is trying to be supportive. The close was at the very low, and looks ominous. A break below this level could...