Author: Irit Rutenberg

By ForexMansion.com   USD/JPY had a bearish day today, but stopped just short of breaking below the hammer printed the day before. Because of this, it still looks like it is trying to find support, but isn’t convinced yet....

By ForexMansion.com   USD/CAD barely moved by the end of the week. Because of this, it looks more and more like the recent bearish momentum is going to stick. Selling is preferred, especially around the 0.97 handle. A break of...

By ForexMansion.com   EUR/CHF had a bearish day today stopping just above the low of the hammer from Thursday. It looks like the pair is trying to prevent its own fall – but is struggling. The 1.27 area looks like it might be...

By ForexMansion.com   NZD/USD continues to defy gravity as it has been a straight shot up for a few weeks now. However, if you are not in the pair – there is no real entry as you are simply chasing the trade. 0.80 served as...

By ForexMansion.com   EUR/USD had a slightly bearish day today again as it is still just below the 1.45 area. However, you will notice it hasn’t fallen much either. Because of this it seems that the pair still wants to rise...

By ForexMansion.com   The EUR/USD pair descended last week despite elevated inflation levels in Europe that should have pushed the pair further to the upside. The reason for the decline was Portugal’s bailout plan and debt woes...

By ForexMansion.com   The EUR/USD pair descended last week despite elevated inflation levels in Europe that should have pushed the pair further to the upside. The reason for the decline was Portugal’s bailout plan and debt woes...

By ForexMansion.com   The New Zealand dollar recorded the highest level in 4 weeks at 0.7956 against its US counterpart, as the Chinese fundamentals supported expectations for higher demand for New Zealand exports which...

By ForexMansion.com   The NZD/USD pair has soared, as the Reserve Bank of New Zealand is expected to start raising interest rates next month, after economic growth in New Zealand recorded an expansion exceeding anticipations.  ...

By ForexMansion.com   Last week the USD/JPY witnessed a significant drop, where areas of 85.50 limited the upside wave for the pair and powered the yen. Comments from U.S. monetary policy makers signaled that the Feds might...