Author: Irit Rutenberg

By ForexMansion.com   The USD/CHF has made a move back to the beginning of our 0.92-0.93 resistance area, signaling a potential selling opportunity. However, the bar closed very bullish at the end of the day, and another day of...

By ForexMansion.com   The USD/CAD pair has been stuck between the parity and 0.97 levels all year, and continues to sit in that range. Today’s bar was very bullish, but in the context of things may not matter much. As we have...

By ForexMansion.com   Cable has fallen hard for the third day in a row. It is however, still above the all-important 1.60 support level still. This level will be tested again on Monday. If the pair manages to stay above that...

By ForexMansion.com   The EUR/USD had a bearish day today, as it continues to pull back from the 1.4250 area. The 1.4000 is sitting right below us, and should prove to be rather supportive. A buy signal at this level would make...

By ForexMansion.com   The AUD/USD has finally closed above the 1.02 level, signaling fresh buying in the pair. The measured move implied by the consolidation rectangle has us aiming for 1.07 before it is all over. A break below...

By ForexMansion.com   The AUD/NZD is still treading water at the 1.35 area, as it closed today at 1.3611. Because of this, the pair still remains bullish in the sense that support is being held. The pair is finding plenty of...

By ForexMansion.com   The USD/JPY pair actually moved up rather slightly today – movement being something this pair hasn’t seen in a while. Because of the central banks intervening, the pair now has a floor, and trader may...

By ForexMansion.com The Dollar Gains Traction Against the Yen The euro is flat against the dollar and up on the crosses, particularly against the Swiss franc.  Last week’s agreement about the ESM was already changed at today’s...