Author: Irit Rutenberg

By ForexMansion.com   The week ends with the release of the awaited non-farm payrolls report from the United States, due at 12:30 GMT. Expectations refer that the change in non farm payrolls will reach 185,000 from the...

By ForexMansion.com   The EUR/USD pair had a slightly bullish day today, but the charts have printed a shooting star candle as the pair looks a bit overbought in this area. On a pullback, we should see 1.45 and 1.43 form...

By ForexMansion.com   The USD/CHF poked through the lows today, but ended up printing a hammer around the 85 level showing a possible bounce form that level. The pair looks to be oversold and certainly could use a bit of a...

By ForexMansion.com The AUD/NZD pair failed to exit the consolidation area, as the upside movement has lost momentum, forcing the pair to back the previous levels of trading. The Australian dollar dropped sharply against...

By ForexMansion.com New Zealand’s currency strengthened after a government report showed employers added more jobs than expected, suggesting a recovery was underway before the February earthquake dented growth....

By ForexMansion.com The Australian dollar continued its downside movement for a fourth day, which dropped against the US counterpart after the Australian retail sales unexpectedly dropped during the month of March, increasing...

By ForexMansion.com   AUD/USD had a sharp drop in value today, finding the 1.07 support area in the process. The pair needed this fall, and this could present itself as a buying opportunity. However, we want to see support...

By ForexMansion.com   The EUR/JPY fell today, but still is hovering around the 120 area. This area should prove to be important, but the selling of the pair isn’t advised as the central banks are waiting below. On a...

By ForexMansion.com   The GBP/CHF fell really hard yesterday, making all-time lows. Today was different though. We saw the market form a doji, which could signal support in this area (1.42). While we do not suggest buying...

By ForexMansion.com   The GBP/USD fell today, bounced, and then fell again, only to end up relatively unchanged. The market looks weak still, as the bounce was the direction that was pushed back the furthest, and weakness...