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Author: Irit Rutenberg

AUD/NZD Forecast for March 23, 2011

By ForexMansion.com   This pair has been treading water at these lofty levels for a couple of weeks. This is no real surprise as a breakout will often need to rest first before its next move upward. There is no reason to...

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Oil Forecast for March 23, 2011

By CommoditiesMansion.com   Light Sweet Crude The CL had a bullish day today, rising about $2 a barrel. I t should be noted that it is getting near the $105-$107.50 resistance area, and any furt5her upside will be choppy...

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Gold Forecast for March 23, 2011

By CommoditiesMansion.com   The gold pits were relatively quiet today, as there were no major macroeconomic events that caused traders to feel the need to either own it, or sell it. It appears that we are consolidating in...

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USD/JPY Forecast for March 23, 2011

By ForexMansion.com   The USD/JPY is finding resistance at the 81 level and has started to drift slowly lower. However, with the various central banks recently intervening, this pair will find it difficult to fall too far...

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USD/CAD Forecast for March 23, 2011

By ForexMansion.com   The USD/CAD finds itself floating between the 0.97 and 1.0000 levels still. The pair seems to be held hostage by the oil markets, which although bullish – have not broken back out. The two levels...

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USD/CHF Forecast for March 23, 2011

By ForexMansion.com   The USD/CHF had a very quiet day on Tuesday, closing with a very small candle. This pair continues to be a sell, with the 0.92-0.93 range being massive resistance. Until we break above that level, no...

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NZD/USD Forecast for March 23, 2011

By ForexMansion.com   The Kiwi dollar is seen as forming a basing pattern around the 0.73 handle as we have had several bullish days in a row recently. However, we simply must get above the 0.7450 mark with a close in order...

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AUD/USD Forecast for March 23, 2011

By ForexMansion.com   The AUD/USD pair has continued it march northward today, and looks ready to find the 1.02 mark over the next 24-48 hours. The pair will have to decide whether or not the 1.02 will finally give way, and...

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Forex Daily Outlook for March 22, 2011

By ForexMansion.com Riskier assets performed well broadly across the capital markets spectrum.  Equity prices as well as commodities moved higher, and the Yen eased against most major currencies. The nuclear crisis...

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