Author: Irit Rutenberg

By ForexMansion.com   The AUD/NZD pair is currently testing the massive support area at 1.35, which has been very strong recently. At this level, you could be presented with a reasonable buying opportunity as the stop loss...

By ForexMansion.com   The EUR/CHF pair continues to grind upwards, although today printed a negative bar. The fact that it is closing off of the lows shows that there are still plenty of traders willing to buy out there....

By ForexMansion.com   The GBP/USD printed a bearish shooting star today, perhaps signaling that it is going to struggle to go northward. Currently stuck in a range above 1.60 to below 1.65, this pair should provide buying...

By ForexMansion.com   The EUR/USD is currently testing a major weekly down trend line. If we can clear the 1.4250 area, this should kill all hope of a continuing bear market. A failure could send us back down to 1.40, in...

By ForexMansion.com   The EUR/GBP pair continues to show massive strength as it formed a hammer at the 0.88 level today, perhaps signaling a new floor in the pair. Because of this, selling isn’t advised, and may not...

By ForexMansion.com   USD/CHF continues its consolidation between the 0.92 and 0.93 areas, showing no real conviction as to which direction it wants to go. The trend is clearly down, but the sellers are starting to find...

By ForexMansion.com   Sentiment this week will be driven by central bank meetings and speeches by officials, although developments from Japan, Libya and the Middle East, alongside sovereign debt concerns from Europe will...

By ForexMansion.com   The Australian dollar fell against the New Zealand dollar with the beginning of the week after the pair succeeded in penetrating the consolidation area to the downside, which gave the New Zealand...

By ForexMansion.com   The New Zealand’s currency increased versus the U.S. dollar and the Australian dollar, as commodities prices gained which account for the majority of the nation’s shipments, and Asian...

By ForexMansion.com   The Australian currency has grabbed attention after it recorded the highest level of 1.0415 versus its major counterpart, the greenback, as gains in stocks worldwide increased demand for...