Author: Irit Rutenberg

By CommoditiesMansion.com The gold market has been on fire lately, and has relentlessly surged day after day with rising prices. This has recently changed though; as Monday printed a “shooting star†ate the previous highs....

By CommoditiesMansion.com Natural gas had a fairly bullish day on Wednesday as traders again tried to test the resistance formed a few weeks ago. The bulls find themselves stuck at that level, and a lot of questions are...

By CommoditiesMansion.com   Light Sweet Crude Wednesday’s action was fairly bearish as prices continue to fall for the CL April contract. Volumes are fair, but not overly heavy at these levels as traders grapple with the idea...

By ForexMansion.com The AUD/USD pair has been in a steep incline for weeks. The pair broke the 1.35 area, and showed that new highs were in order. After Wednesday’s RBNZ rate cut out of New Zealand, the pair has surged yet...

  By ForexMansion.com Looking at this pair on the daily chart, it is clear to see that we are still stuck in a massive wedge that is symmetrical, meaning that there is no real clear bias in one direction or another. Even with...

  By ForexMansion.com Tuesday’s bar in this pair was extremely bullish, and has reached the very top of the recent resistance, closing at almost the highs of the day. With this kind of action, it appears that we are heading...

  By ForexMansion.com As we have been noticing over the last several days, the USD/CAD pair simply won’t budge off of the 0.97 mark, the last bit of support between here an 0.90, the all-time lows in this pair. Certainly this...

  By ForexMansion.com The New Zealand dollar has been sitting at the lower support level of the massive consolidation box that has dominated the last several months. The 0.7350 level is very important because of the strength it...

  By ForexMansion.com As we have been talking about, the GBP/USD has been in a rising channel lately, with the candle on Tuesday showing a retest of the bottom trend line of that channel. The daily bar showed a semi-hammer...

  By ForexMansion.com As noted a couple days ago, the 1.40 handle has in fact served as resistance, and we drifted lower on Tuesday, and should be considered to be healthy by bullish traders as the recent action has been rather...