By ForexMansion.com EUR/GBP continues to pullback, and looks set to retest the 0.88 level as a possible support area. This is classic technical analysis patterns for a break out and retest. As long as the 0.88 holds, we should...
Read MoreBy ForexMansion.com AUD/USD has been testing the 1.04 level for support lately, which has been holding. To be honest, a healthier pullback would be appreciated, but it may not come. A break below this area doesn’t prove much...
Read MoreBy CommoditiesMansion.com Light Sweet Crude CL closed with a slightly green candle today. More importantly, it formed a bullish hammer just above the all-important $105 level, an area we said yesterday that might prove to be...
Read MoreBy CommoditiesMansion.com Natural gas had a bullish day today, but this could be short-lived as it ended up forming a shooting star, one of the more bearish candlestick formations out there. Because of this, it looks like this...
Read MoreBy CommoditiesMansion.com Gold had a relatively quiet day today as it hovers around the $1,450 mark. Because of this, we formed an inside candle, and looks like a rest is very possible. Perhaps a couple of quiet days is what...
Read MoreBy ForexMansion.com Broad markets will witness a day full of fundamentals that will grab investors’ attention due to the importance of some reports. The US will release the retail sales for March, its crude oil report and...
Read MoreBy ForexMansion.com The AUD/NZD pair continued to decline for the third consecutive day, as kiwi reached its highest level in 4 months against the U.S. dollar. On the other hand, the Australian currency was stable against...
Read MoreBy ForexMansion.com The NZD/USD pair continued the upside journey as kiwi gained grounds on Wednesday following reports of stronger recovery in the housing sector and rising prices. New Zealand’s economic recovery is ongoing,...
Read MoreBy ForexMansion.com The AUD/USD moved higher as the Australian dollar attempted to restore its gains against its US counterpart on Wednesday, after the Westpac consumer confidence improved by 1.2% in April from the previous...
Read MoreBy ForexMansion.com The USD/JPY pair moved higher as the yen headed lower versus dollar as the risk aversion eased. Still, the jitters prevail after a new 5.8 quake hit the north of Japan on Wednesday. The Japanese government...
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