Author: Irit Rutenberg

By ForexMansion.com   The USD/CAD fell today, ending with a shooting star shaped candle. The location is roughly where you want to see it for a short, since it is currently just under the all-important 0.97 level. The recent...

By ForexMansion.com   The NZD/USD rose today and is showing bullish strength again. However, we simply haven’t pulled back enough in order to get us wanting to buy at these levels. The market looks like it wants to consolidate...

By ForexMansion.com   The GBP/USD fell today, but only to form a nice bullish hammer at the all-important 1.64 level. This looks very bullish at these levels, and we should see a move up if we can break higher from this area if...

By ForexMansion.com   The GBP/JPY fell today, but continues to hold at the 130 area. The area has been a point of interest several times in the past, but isn’t necessarily a major support area. The market needs to test this area...

By ForexMansion.com   The GBP/CHF fell today, and looks like it wants to continue its downtrend. The market looks weak, and selling on any rallies has been the way to go for a few years now. Look to sell new lows, or for that...

By ForexMansion.com   The EUR/USD fell today, but ended the day forming a hammer at the 1.4350 area. This shows underlying strength in this currency and that the USD may begin to fall again. The European issues in Greece are...

By ForexMansion.com   The EUR/JPY fell today, but is still over the all-important 115 level. This level simply must hold for the bulls to be involved still, and should prove pivotal. Of course, there are central banks sitting...

By ForexMansion.com   The EUR/GBP fell today, currently sitting around the 0.8750 level. The area is support, and is important for the future direction of this pair. The market looks weak though, and could be ready for another...

By ForexMansion.com   The EUR/CHF still looks weak, as it fell hard today. The pair seems intent on testing the 1.23 level, which has served as all-time lows for a couple attempts at a breakdown. The pair shouldn’t be bought,...

By ForexMansion.com   The AUD/USD rose today, closing at the highs. This is always a bullish sign, and it appears that we are going to head back up towards the highs soon at this rate. The pair seems to have found a floor at...