Author: Irit Rutenberg

By ForexMansion.com Riskier assets gained traction and were able to perform well during the majority of the past week.  Equity markets, along with commodities lead the charge higher and pushed commodity oriented currencies...

By ForexMansion.com   The USD/JPY pair looks like it has found a floor – thanks to massive intervention by several central banks last week. The weekly bar from that period is a hammer, and it is the clearest signal of resolve we...

By ForexMansion.com   The USD/CHF has made a move back to the beginning of our 0.92-0.93 resistance area that was broken last week, which is very common in financial markets. It is because of this that we may see more sellers...

By ForexMansion.com   The USD/CAD pair continues to consolidate between 0.97 and parity. Because of this, it has been in a holding pattern of sorts recently. However, the pair is certainly in a downtrend, and this is expected to...

By ForexMansion.com   The Kiwi dollar printed a hammer last week, signaling a bullish move. This played itself out this week, and now has the pair over the 0.75 mark. The daily chart did show us a shooting star, so we could see...

By ForexMansion.com   Cable has fallen this week back to our support area of 1.60, showing that consolidation is certainly the order of the moment in this pair. A break below 1.60 has us running to 1.58 in short order. However,...

By ForexMansion.com   The EUR/USD has printed a bearish candle for the week, yet still remains above the all-important 1.40 level that was once so resistive to the advance of this pair. As such, this candle could simply signal...

By ForexMansion.com   The AUD/USD has finally closed above the 1.02 level, after making a hammer last week. This shows exactly how much support there really is for the Aussie at the moment and that we may have much farther to...

By ForexMansion.com   The AUD/NZD printed a weekly hammer last week, and has gone sideways this week. Because of this, it looks like traders are trying to build up for a move northward in this pair, and should gain the upper...