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Author: Irit Rutenberg

Forex Daily Outlook – March 18, 2011

By ForexMansion.com European currencies remained strong, with the last leg up to the euro followed the strong results of Spain’s bond auction, with the bid-to-cover rising to 1.81 from 1.54 in February. Spanish sovereign...

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AUD/NZD Forecast for March 18, 2011

By ForexMansion.com   This pair has triggered a buy signal as we broke above the top of yesterday’s hammer. Because of this, it appears that the 1.35 level is even more important than first suggested, and should serve...

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USD/CAD Forecast for March 17, 2011

By ForexMansion.com   The USD/CAD continued its march north today, and shows no real signs of weakness at the moment as oil have started to fall slightly. However, it should be noted that the CAD seems to be...

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NZD/USD Forecast for March 17, 2011

By ForexMansion.com The NZD/USD has broken down through support at the 0.7350 level, and continued that again today. The pair looks very weak at this point, and should be ripe for fresh sell orders soon, especially if we get a...

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AUD/NZD Forecast for March 17, 2011

By ForexMansion.com   The AUD/NZD pair has found strong support at the previous resistance area of 1.3500. The pair looks very bullish at the moment, and rightfully so. After all, the Kiwis just had a major...

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Gold Forecast for March 17, 2011

By CommoditiesMansion.com The Gold market had a very bearish day on Tuesday, and Wednesday’s trading was very calm. At the time of writing, there is roughly 20 minutes left in the trading day and the metal is currently up...

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Natural Gas Forecast for March 17, 2011

By CommoditiesMansion.com Wednesday’s action in the Nat Gas market was very range bound, mainly travelling between $4.05 and $3.80 BTU. Because of this, we find ourselves heading toward the close gaining just...

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EUR/USD Forecast for March 17, 2011

By ForexMansion.com The EUR/USD has been consolidating for the last several days between the 1.40 and 1.38 levels, and today’s action did nothing to change that situation. The pair is simply going sideways and seems to be...

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Oil Forecast for March 17, 2011

By CommoditiesMansion.com   Light Sweet Crude The CL sat right at the $97.50 area, which we suspected would be support today. Because of this, the support is between that mark and $95 is still in play, and should be...

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