Author: Irit Rutenberg

By ForexMansion.com   The NZD/USD fell today, breaking through support. The pair looks very weak at the moment, and also looks like it wants to test the 0.78 level below as support. The prudent trader will simply wait until...

By ForexMansion.com   The USD/JPY fell today, but managed a slight bounce from the 80.50 level, or half way through the massive support area represented by the 80-81 area. The pair needs to prove itself here, or the bulls...

By ForexMansion.com   The GBP/JPY fell really hard today, but still sits around 133. The pair is going to be dangerous to short, as one would have to think the central banks are certainly watching it, and all pairs related...

By ForexMansion.com   The USD/CAD pair rose for the third day in a row, as the commodity markets fell hard yet again today. The Loonie is still favored over the Greenback, and this should only represent a selling...

By ForexMansion.com   The EUR/GBP fell slightly today, forming a shooting star at the 0.90 mark. This is a strong signal of weakness, but could mainly be forming as the market awaits the ECB rate decision and statement....

By ForexMansion.com   Markets are tentative today as investors await the start of the jobless data from the US today and the ECB’s and BoE’s policy meetings tomorrow. The US will release its ADP non-farm...

By ForexMansion.com The EUR/USD regained the bullish momentum to move to the highest in 17 months on future monetary tightening and speculation ahead of Thursday rate decision. Europe’s common currencies flirted with $1.50...

By ForexMansion.com The USD/CAD pair rose on Wednesday where falling commodity prices including oil and gold weighed down on the Canadian dollar and pushed the USD/CAD pair to the upside, where despite the general weakness of...

By ForexMansion.com   The Swiss economy lacks fundamentals today, thus main highlight will be on US data. At 12:30 GMT, the U.S economy will release initial jobless claims for the week ending April 30 and continuing claims...

By ForexMansion.com Pessimism returned to markets on Wednesday after reports from the labor and services sectors suggested that the U.S. economy is still struggling to recover, where the ADP employment report showed that U.S....