Author: Irit Rutenberg

By ForexMansion.com   The GBP/USD has found the 1.60 level very supportive recent, and is currently testing it. The level is key, and the pair seems to be running out of steam. Any longs will certainly have to see this...

By ForexMansion.com   The USD/CHF had broken all support two days ago, and today’s trading did nothing to change that theme. The pairs is finding that the support has fallen apart, and the selling...

By ForexMansion.com Yen Strengthens on Japanese Repatriation The currency markets were dominated by news that continued to stream out about Japan’s nuclear condition.  The EU and the US both gave grim accounts...

By ForexMansion.com   The USD/JPY finally broke down during late hour trading in North America today. The pair as all but collapsed, driving rates as low as the 76 handle in an hour. This action certainly will get...

By ForexMansion.com   The AUD/USD has broken below the previous triangle, and now has broken below the next phase of support at the 0.98 handle. This is a hugely bearish sign, and should have longs covering their...

By CommoditiesMansion.com Light Sweet Crude The CL contract fell hard today, as traders as selling everything they can in a panic response to the events in Japan. Never mind the fact that demand for crude has remained the same,...

By CommoditiesMansion.com <br> Gold had a very bearish day today, dropping over $30 an ounce in NYMEX trading. As we had recently pointed out, the shooting star signaled short-term weakness, with support being...

By ForexMansion.com <br /> This pair acted in an out of control manner today. This pair smashed through the 0.98 level and beyond, only to come back and retest the same level as support later. This should be very...

By ForexMansion.com <br />   Cable has been hanging around the 1.60 level for several days, and even formed a hammer on last Friday which was very supportive. Since then, we have gone up, then down. Because of this,...

By ForexMansion.com <br /> The EUR/USD pair fell hard, and then snapped back during trading today. As the EUR/USD fell, we saw a bounce at roughly the 1.3850 level, and the action shows that we are more than likely going...