Author: Irit Rutenberg

By ForexMansion.com   Markets will approach the BoE’s rate decision to see the bank’s action in the month of May to see whether they will continue on holding both interest rate and APF unchanged at 0.50% and 200...

By ForexMansion.com   The EUR/USD pair had a slightly bearish day today, as the bulls have taken a break from the mass amount of buying seen recently. The 1.49 area is proving difficult, but the fact is the trend is firmly...

By ForexMansion.com   The USD/CHF has made new lows this week, and continues to punish the USD. The Federal Reserve’s lack of defense for the dollar should ensure that this pair continues to fall for the foreseeable...

By ForexMansion.com   The AUD/NZD pair rose this week, and showed that the trend is in fact still working. This bodes well for the bulls, as the 1.32 level was considered to be all-important to their success. Look to buy on...

By ForexMansion.com   The EUR/CHF fell a bit this week, but not significantly so. This pair is starting to look a lot like a sideways market, which isn’t surprising as it has been so bearish over the last few years....

By ForexMansion.com   The EUR/CHF fell hard today, but still remains in the consolidation area between the 1.27 mark and the 1.30 area. The pair remains a good one for scalpers, but not so much for longer-term or trend...

By ForexMansion.com   The NZD/USD pair rose again today, testing the recent highs. It appears that we are consolidating between the 0.80 and 0.81 levels. This shouldn’t be a surprise as the pair has risen so much. If...

By ForexMansion.com   The NZD/USD keep rising, and seemingly can defy gravity at this point. This is a perfect reason to be skeptical, as the market simply doesn’t seem to be able to fall at the moment. Because of...

By ForexMansion.com   The GBP/USD rose this week, but currently finds itself at the all-important 1.68-1.70 level. This is the area that we have been aiming for during the last several months. At this point, we need to make...

By ForexMansion.com   The GBP/USD rose today, even after printing a beautifully bearish shooting star yesterday. However, we didn’t break above that shooting star, so we must consider the top of it as resistance. On...