Author: Irit Rutenberg

By ForexMansion.com   The EUR/CHF had another positive week, and ended it right at the highs. This is a very bullish sign as traders have piled into this pair. However, it should be said that it currently sits just below...

By ForexMansion.com   The EUR/USD had a bullish week, and has parked right at resistance. The 1.4250 area is the top of the recent range, and should be watched as we also have a long-term trend line sitting right on top of...

By ForexMansion.com   The GBP/CHF broke through the 1.48 level this week, and slammed into resistance at the 1.4950 area. The 1.50 area needs to be cleared in order to buy at this point, as it is a strong area. A break...

By ForexMansion.com The US dollar is weaker against most major currencies. The euro continued to rally, underpinned by higher inflation and the ECB outlook.  Te euro zone’s inflation rate rose to its highest level for...

By ForexMansion.com   The NZD/USD formed a doji today, and looks like exhaustion may be setting in. With the recent surge upward, this is going to be very healthy to be honest. The pair still looks strong, and will...

By ForexMansion.com   The USD/JPY pair fell hard today, only to find buyers in the latter stages of the day. The resulting bar is a hammer, and we are closing above 83 again. This shows that there is most certainly a bid...

By ForexMansion.com   The USD/CHF broke below the shooting star we pointed out yesterday, found its first sign of support, and bounced back. This sets up a fight at the 0.92 level as the Non-Farm Payroll numbers will...

By ForexMansion.com   The GBP/JPY fell hard in the early hours, only to be turned around again. This shows that the pair is absolutely committed to testing the 135 area. The 135 area should offer strong resistance since we...

By ForexMansion.com   The USD/CAD is currently sitting right at support. The Non-Farm Payroll number tomorrow could be the catalyst for a break down finally. However, given the nature of these days, getting involved before...

By ForexMansion.com   The GBP/CHF managed to finish the day in the same range it started. However, it should be noted that yesterday’s bearish shooting star was triggered, and then we found massive support. This is...