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Author: Irit Rutenberg

Gold Forecast for March 11, 2011

By CommoditiesMansion.com Gold finally had the big bearish day on Thursday that was signaled as eminent form Monday’s shooting star. The $1,440 area is proving to be a massive resistance area. However, it should be noted...

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Forex Daily Outlook March 11, 2011

By ForexMansion.com Spain’s Downgrade Put Pressure on the Euro After a largely quiet first half of the week, there are a number of noteworthy developments today.  The most important of which is arguably Moody’s...

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Forex Daily Outlook March 10, 2011

By ForexMansion.com Sterling is Poised to Break to the UpsideThe Euro consolidated as traders absorbed New banking information with regard this year’s stress test.  The newly created European Banking Authority...

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EUR USD Forex Forecast for March 10, 2011

By ForexMansion.com Looking at the last 48 hours in the EUR/USD pair, you can see that we are hovering around the 1.39 handle, and trying to decide if we are going to retest 1.38 as support, or make another run at 1.40 for a...

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GBP USD Forex Forecast for March 10, 2011

By ForexMansion.com The cable has been grinding in an upward fashion as a result of the recent channel that formed in January. The last two days have confirmed that bottom line, yet haven’t looked all that...

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AUD USD Forex Forecast for March 10, 2011

By ForexMansion.com The Aussie has been pinging around in a massive triangle for weeks now, and has recently confirmed the validity of the bottom trend line of said triangle. Because of this, the pair still has a bullish bias,...

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NZD USD Forex Forecast for March 10, 2011

By ForexMansion.com The Royal Bank of New Zealand announced a 0.50% rate cut today, and this pair didn’t react much. Although a cut was expected, most economists suggested a 0.25% cut. The statement suggested...

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USD CAD Forex Forecast for March 10, 2011

By ForexMansion.com The support area that has been followed by us here at ForexMansion.com in this pair has finally been breached as of Wednesday. Because of this, the USD/CAD should take a decidedly bearish tone form this point...

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USD CHF Forex Forecast for March 10, 2011

By ForexMansion.com The USD/CHF recently broke below a 500 pip consolidation area that went from 0.98 to 0.93 on its outer edges. By breaking down below the lowest level, it showed that it wanted to fall again and possibly as...

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