Author: Irit Rutenberg

By ForexMansion.com   The USD/JPY Pair recorded its highest level in six months at 85.51, due to expectations that the Federal Reserve Bank will raise interest rates. In addition, investors are highly expected to return to carry...

By ForexMansion.com   The EUR/USD pair has busted through the 1.4250 level with a vengeance today, confirming a hammer formed yesterday. This is a break of the largest trend line that the pair has seen in a long time. The ECB...

By ForexMansion.com   The USD/CHF pair fell today to test the 0.91 area, but bounced back up to reenter the recent consolidation area. The pair looks like it wants to think about making a move, yet doesn’t have the conviction to...

By ForexMansion.com   The USD/CAD pair has broke below the 0.96 level finally, but bounced towards the end of the day showing signs of support. The pair still looks bearish, and should continue to be so as long as energy, and...

By ForexMansion.com   The AUD/USD pair formed a very bullish candle today, confirming the hammer that was formed yesterday. It now appears that the 1.03 area is going to be a form of support for the near-term as the pair...

By ForexMansion.com   EUR/GBP reversed yesterday’s move, bouncing hard today. The pair retested the 0.88 level, and should prove this area’s importance again. The pair failed to break above it, and may find it as resistive in...

By ForexMansion.com   The USD/JPY pair continues to march forward at this point, showing that the overall trend is changing back to a positive tone for this pair. A short isn’t even to be thought of at this point, and couldn’t...

By ForexMansion.com   The NZD/USD pair finished very strong today, testing the 0.78 handle, which was where we thought it would go. The pair looks very strong overall, but a pullback might show itself soon. The market simply may...

By ForexMansion.com   EUR/CHF had a very strange day today, forming a massive doji after breaking above the 1.32 level which was such massive resistance before. With the shape of the candle, traders will want to see a break of...

By ForexMansion.com   The AUD/NZD pair fell again today, leaving no doubt that the 1.35 has given way as a support area. The pair hasn’t changed trends by any means, as the pair looks like it is finding support at 1.34 in the...