Author: Irit Rutenberg

By ForexMansion.com   To say that the AUD/USD is parabolic at this point is only stating the obvious. The bulls that got involved in this pair 6 weeks ago couldn’t have ever predicted what has happened. However,...

By ForexMansion.com   AUD/USD is parabolic at this point, and is getting dangerous to own. The only thing that I can think of that would be worse is to sell it. Granted, there is a pullback coming, but we never really know...

By ForexMansion.com   The USD/CAD pair has retested and stopped at the recent all-time lows in the 0.9450 area as the current outlook for the USD is so weak. Add in the fact that Canada exports so much oil to the USA...

By ForexMansion.com   The USD/CAD pair has fallen again, and currently sits at about the 0.9450 level. This shows that we continue to weaken, and the lack of strength coming out of the US camp should push this pair lower....

By ForexMansion.com   The EUR/JPY pulled back today, and is closing towards the lows of the day. However, it should be noted that we stopped right at the all-important 120 level, which could cause a bounce. In fact, we...

By ForexMansion.com   The EUR/JPY rose slightly this week, but seems like it wants to spring from the 120 level, and continue its recent bullishness. This should serve as a launching point to 125, and perhaps even 130 in...

By ForexMansion.com   The GBP/CHF fell today and bounced from the daily low. The pair still looks very weak, and the 1.45 area continues to show itself to be resistance. The market should only be sold as long as we stay...

By ForexMansion.com   The GBP/CHF fell again this week as the long-term downtrend remains firmly intact. It should be noted that this is the third attempt at breaking below the 1.44 level, and support seems to be building....