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Author: Irit Rutenberg

GBP/USD Technical Analysis for April 8, 2011

By ForexMansion.com   The GBP/USD pair had an eventful day today, as the market originally pushed it lower, only to see it rebound later in the day. Because of this, it looks confused at first glance. However, noting that the...

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USD/JPY Technical Analysis for April 8, 2011

By ForexMansion.com   The USD/JPY pair fell today, retesting the all-important 84.50 area that was once resistance. Now that this level appears to have held, the possibility of new buyers enters the picture as many of them will...

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GBP/CHF Technical Analysis for April 8, 2011

By ForexMansion.com   GBP/CHF formed a very small bearish candle today, showing an overall consolidation as we are still above the 1.49 support area. The pair barely moved, and shows that traders are simply waiting for clear...

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AUD/NZD Technical Analysis for April 8, 2011

By ForexMansion.com   The AUD/NZD pair fell again today, only to rebound and fall again. The shooting star-like formation suggests that attempts to rally have failed. This is a very bearish turn of events for this pair. Although...

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GBP/USD Daily Outlook for April 8, 2011

By ForexMansion.com At 08:30 GMT, PPI data are due where there will be focus on it after rapid rise in CPIfor February to 4.4%. Annual PPI output will retreat to 5.1% in March from 5.3% and yearly PPI input will plunge to 12.5%...

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USD/CHF Daily Outlook for April 8, 2011

By ForexMansion.com Unemployment data for the Swiss economy will be released at 07:45 GMTas forecasts are in favor of a decline to 3.4% in March from the prior 3.6%, while the seasonally adjusted reading will inch down to 3.3%...

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