Author: Irit Rutenberg

By ForexMansion.com   The New Zealand dollar increased against the US dollar on speculation the Reserve Bank of New Zealand will increase the benchmark interest by 42 basis points over the next 12 months, while New Zealand...

By ForexMansion.com   The Aussie rose against the greenback on expectations the Feds will increase the interest rate in the next meeting. Further, Reserve Bank of Australia Governor Glenn Stevens is betting a stronger...

By ForexMansion.com    The pair is trading near its lowest level in 6 weeks, as demand increased for the New Zealand dollar after the bad economic data released by the Australian economy during this week, along with...

By ForexMansion.com   The EUR/GBP pair has broken down at the 0.88 level, showing its intention to head back to the 0.86 level as the ECB looks set to hike rate in a couple of days. A break above 0.88 is necessary to even...

By ForexMansion.com   The GBP/CHF pair has broken above the 1.50 level, and much quicker than expected. This shows that the pair has found massive strength, and should continue northward. The pair should pullback, allowing...

By ForexMansion.com   The USD/JPY pair has broken above the 84.50 area, which has served as resistance for quite some time. Because of this, selling is probably not going to be advised for quite some time. Also, a trend...

By ForexMansion.com   The EUR/CHF pair has formed a second hammer in a row just under the 1.32 level, and slightly above the 1.30 area. Because of this it looks like the EUR/CHF wants to go higher, and has formed a bit of a...

By ForexMansion.com   The USD/CAD pair has fallen again, and is currently testing our support level near the 0.9620 mark. As the pair popped up yesterday, certainly a lot of traders that missed the move down from 0.97 got...

By ForexMansion.com   The AUD/USD pair fell and is currently finding support at the 1.03 level as traders weren’t patient enough to let it retest the 1.02 level. The day formed a hammer, and looks to be ready to...

By ForexMansion.com   The EUR/JPY pair has broken above the 120 level, and much quicker than anyone could have anticipated. This shows massive strength, and should erase any ideas of shorting this pair at all. A massive...