Author: Irit Rutenberg

By ForexMansion.com The other day we had mentioned that there was a bearish flag forming at the 0.93 area in this pair. It appears that we have broken the bottom of that flag, however it should be noted the flag is a bit on the...

By ForexMansion.com This pair has been stuck in a tight range for the last few weeks, and the close on Monday has done absolutely nothing to change that. It appears this pair is now a hold until we can clear the 0.98 level as a...

By ForexMansion.com The NZD/USD pair seems to have found a home in the 0.7350 level. While there have been many reasons to sell anything risky, this currency has held up. Even with a 50 bps rate cut the other day, the currency...

By ForexMansion.com <br /> The cable has been grinding upward for some time now. On Friday, we had a hammer form at 1.60 – a classic buy signal. Monday proved that idea correct, and we are now up over 100 pips from...

By ForexMansion.com As you can see from the charts, we had a gap as the FX markets opened on Monday in Asia. The gap was bullish in nature, and has since been filled by the Europeans, exactly as you would expect. It appears that...

By ForexMansion.com   When looking at this chart, it seems very similar to the USD/CAD in the sense that it seems to be “stuck”. However, this pair is still in the triangle that we have been talking about for a...

By ForexMansion.com Euro Climbs to Test 1.40 The Euro pushed higher as interest rate differentials continue to make investing in Euro move attractive relative to other currencies. Solid economic data points also helped the Euro...

By ForexMansion.com Euro Climbs to Test 1.40 The Euro pushed higher as interest rate differentials continue to make investing in Euro move attractive relative to other currencies. Solid economic data points also helped the Euro...

By ForexMansion.com   This pair has been in a massive bull rush for months, and there are absolutely no signs of it ending at the moment. The two economies are completely diverged, and with the recent tragedy in Japan, it...

By ForexMansion.com Looking at the wedge or pennant that this pair has formed, you can see that the bears certainly tried to break to the downside this week. However, support has held so far, and a new shorting entry has not...