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Author: Irit Rutenberg

USD JPY Forecast for March 11, 2011

By ForexMansion.com The USD/JPY is still in consolidation, as it has been stuck in a massive wedge for months. Thursday’s candle did nothing to suggest that was going to change anytime soon. The consolidation is so large...

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USD CHF Forecast for March 11, 2011

By ForexMansion.com The USD/CHF pair continues to flop around the 0.93 handle, looking for direction. Any move above 0.9350 suggests that we are reentering the previous consolidation are of 0.93 to 0.98 that served us for so...

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USD CAD Forecast for March 11, 2011

By ForexMansion.com This pair had been consolidating quite nicely for quite some time, between the 0.97 and 0.9750 areas, when Wednesday saw a break down below the bottom of that range. Thursday saw a complete reversal of...

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NZD USD Forecast for March 11, 2011

By ForexMansion.com The NZD/USD has formed a hammer at the 0.7350 level, a key support level for the last several months. Because of this, it looks decidedly bullish for the short-term. It appears that support will end up...

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GBP USD Forecast for March 11, 2011

By ForexMansion.com Cable had a massively bearish day today, breaking through the channel it had been in since the start of the year. The pair is currently racing towards the next support level, the 1.60 area. If 1.60 holds as...

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EUR USD Forecast for March 11, 2011

By ForexMansion.com EUR/USD has fallen from the shooting star to 1.38 as we predicted a few days ago. Because of this, 1.38 has shown signs of support as price essentially stopped on a dime at that point. The forecast for this...

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AUD USD Forecast for March 11, 2011

By ForexMansion.com The Aussie fell hard on Thursday, and found the support area that bulls would need to hold in order to keep the overall rally alive. The parity level has held yet again, suggesting that this pair wants to...

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AUD NZD Forecast for March 11, 2011

By ForexMansion.com The AUD/NZD continues to push lower to find our 1.35 break out point and answer the question of whether or not it will become support. The economies are distinctly different at the moment, so there is no real...

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Oil Forecast for March 11, 2011

By CommoditiesMansion.com   Light Sweet Crude The CL April contract saw bearish movement on Thursday on the NYMEX with prices falling as low as the $100/barrel mark. Of course, we saw a significant bounce at that point, as...

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Natural Gas Forecast for March 11, 2011

By CommoditiesMansion.com Nat Gas has had another bearish day on Thursday, confirming the range that we now find ourselves in. The range between the 3.80 and 4.00 marks appears to be quite strong as we decide which direction to...

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