DailyMarkets.com - After 40 Years Of Nuclear Passion, It Hurts

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• After 40 Years Of Nuclear Passion, It Hurts
• Wow That Was Fast! Libyan Rebels Have Already Established A New Central Bank Of Libya
• Forex – Dollar Mixed Vs. Rivals As Euro Under Pressure From Portugal
• Forex – GBP/USD Trims Gains As U.K. GDP Shrinks Less Than Expected
• Forex – USD/JPY Eases Up Amid Slowdown In Japanese Exports
• U.K. Net Lending To Individuals Rises More-than-expected
• U.K. Current Account Deficit Widens More-than-expected In Q4
• U.K. GDP Contracts Less-than-initially Estimated In Q4
• Forex Trading: Euro Firmer After Spanish Central Government Posts A Surplus For The First 2 Months Of The Year.
• Forex – NZD/USD Edges Higher After Trade Balance Data
• Forex Daily Outlook – March 29, 2011
• Gold Forecast For March 29, 2011
• Oil Forecast For March 29, 2011
• Natural Gas Forecast For March 29, 2011
• GBP/USD Forecast For March 29, 2011
• USD/CHF Forecast For March 29, 2011
• EUR/USD Forecast For March 29, 2011
• EUR/GBP Forecast For March 29, 2011
• GBP/CHF Forecast For March 29, 2011
• NZD/USD Forecast For March 29, 2011
• Forex – AUD/USD Steady As RBA Rate View Supports
• AUD/NZD Forecast For March 29, 2011
• Asia Stocks Higher, Japan Drops On Goldman Sachs Forecast
• Forex – EUR/USD Hits 2-day High On EBC Rate Hike View
• Forex Trading: Euro Higher Across The Board
• Bank Of Israel Raises Interest Rate 50bps To 3.00%
• Forex – EUR/USD Up During The Asian Session
• Bull Of The Day: Berkshire Hathaway
• Bear Of The Day: Universal Tech Institute (UTI)
• Growth & Income Stock: AvalonBay Communities, Inc.
• Momentum Stock: CVR Energy, Inc.
• Aggressive Growth Stock: ICU Medical Inc.
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Down During Asian Trade
• GBP/JPY Forecast For March 29, 2011
• EUR/CHF Forecast For March 29, 2011
• USD/JPY Forecast For March 29, 2011
• Forex – EUR/GBP Down During The Asian Session
• AUD/USD Forecast For March 29, 2011
• Forex – USD/JPY Up During Asian Trade
• Forex – USD/CAD Down In Asian Trading Hours
• Forex – AUD/USD Down During Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Forex – EUR/JPY Down During Asian Trade
• U.S. Manufacturing Profits Soar To Record High
• USD/CAD Forecast For March 29, 2011
• Stock Market Summary For Monday, March 28, 2011
• Forex – GBP/JPY Down During The Asian Session
• Forex – EUR/USD Down In Asian Trade
• Forex – USD/JPY Up On Economic Data

After 40 Years Of Nuclear Passion, It Hurts Posted: 29 Mar 2011 03:35 AM PDT For 40 years I’ve written about nuclear power, defended it and believed, as I still do, that it offers the best signpost to a great future; to what Churchill called the “sunlit uplands”; in short, utopia. I regard electricity as one of mankind’s great achievements, saving people from the menial, painful drudgery that marks daily existence without it. Growing up in Africa, I’d see men and women walking miles, many miles, barefoot across the savanna, looking for a few pieces of wood to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Wow That Was Fast! Libyan Rebels Have Already Established A New Central Bank Of Libya Posted: 29 Mar 2011 03:30 AM PDT The rebels in Libya are in the middle of a life or death civil war and Moammar Gadhafi is still in power and yet somehow the Libyan rebels have had enough time to establish a new Central Bank of Libya and form a new national oil company.  Perhaps when this conflict is over those rebels can become time management consultants.  They sure do get a lot done.  What a skilled bunch of rebels – they can fight a war during the day and draw up a new central bank and a new national oil company … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Mixed Vs. Rivals As Euro Under Pressure From Portugal Posted: 29 Mar 2011 02:57 AM PDT Forex Pros – The U.S. dollar was mixed against its major counterparts on Tuesday, while the euro remained under pressure as yields on Portuguese government debt remained close to record highs. During European morning trade, the greenback was slightly lower against the euro, with EUR/USD rising 0.16% to hit 1.4108. On Monday, European Central Bank President Jean-Claude Trichet said inflation in the euro zone was “durably” above the central bank’s target, underlining the view that the bank … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Trims Gains As U.K. GDP Shrinks Less Than Expected Posted: 29 Mar 2011 02:25 AM PDT Forex Pros – The pound trimmed gains against the U.S. dollar on Tuesday, after official data showed that while the U.K. economy shrank less-than-expected in the fourth quarter, the new figure was still the biggest decline since the second quarter of 2009. GBP/USD retreated from 1.6043, the daily high, to hit 1.6014 during European morning trade, easing up 0.14%. Cable was likely to find support at 1.5936, Monday's low and a two-month low and resistance at 1.6141, last Friday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Eases Up Amid Slowdown In Japanese Exports Posted: 29 Mar 2011 01:58 AM PDT Forex Pros – The U.S. dollar edged higher against the yen on Tuesday, as exports from quake-hit Japanese exporters have slowed down, fanning concerns over a narrowing of Japan's trade surplus. USD/JPY hit 81.78 during early European trade, the daily high; the pair subsequently consolidated at 81.69, easing up 0.02%. The pair was likely to find support at 80.86, last Friday's low and resistance at 82.04, the high of March 15. Japanese exports have slumped after the massive earthquake … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Net Lending To Individuals Rises More-than-expected Posted: 29 Mar 2011 01:52 AM PDT Forex Pros – Net lending to individuals in the U.K. rose more-than-expected in February, official data showed on Tuesday. In a report, the Bank of England said net lending to individuals rose by GBP2.0 billion in February, up from GBP1.6 billion in January, whose figure was revised up from GBP1.5 billion. Analysts had expected net lending to rise by GBP1.2 billion in February. The report also showed that the number of final mortgage approvals rose in line with expectations in February, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Current Account Deficit Widens More-than-expected In Q4 Posted: 29 Mar 2011 01:47 AM PDT Forex Pros – The U.K. current account deficit widened more-than-expected in the fourth quarter, official data showed on Tuesday. In a report, the U.K.'s National Statistics Office said that the U.K. current account recorded a seasonally adjusted deficit of GBP10.5 billion in the fourth quarter, after recording a deficit of GBP8.7 billion in the preceding quarter, whose figure was revised from a deficit of GBP9.6 billion.. Economists had expected the current account deficit to widen to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. GDP Contracts Less-than-initially Estimated In Q4 Posted: 29 Mar 2011 01:41 AM PDT Forex Pros – The U.K. economy contracted less-than-initially estimated during the fourth quarter of 2010, official data showed on Tuesday. In a report, the U.K.'s National Statistics Office said gross domestic product declined at a seasonally adjusted rate of 0.5% during the fourth quarter, compared to a preliminary estimate of 0.6%. Analysts had expected U.K. gross domestic product to fall by 0.6% in the fourth quarter. The report said that year-on-year, GDP grew at an annualized rate … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro Firmer After Spanish Central Government Posts A Surplus For The First 2 Months Of The Year. Posted: 29 Mar 2011 01:37 AM PDT The EUR/CHF pair is continuing higher towards 1.2975/80; the level we addressed as our next topside target in the previous chart. In the cast of the Euro versus the USD: the pair is testing the 61.8% fibo line on the move from March 24th highs to yesterday's low. An hourly close above this line may be a bullish signal that we may see furthing buying, but resistance could see up back towards the 1.41195 area where the 50.0%, 100 hr MAVG and 200 hour MAVG are all … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Edges Higher After Trade Balance Data Posted: 29 Mar 2011 01:33 AM PDT Forex Pros – The New Zealand dollar edged higher against its U.S. counterpart on Tuesday, after government data showed that New Zealand posted its first trade surplus in eight months in February amid record-high commodity prices. NZD/USD hit 0.7535 during late Asian trade, the daily high; the pair subsequently consolidated at 0.7519, easing up 0.10%. The pair was likely to find support at 0.7421, last Thursday's low and short-term resistance at 0.7552, Monday's high. Earlier in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Daily Outlook – March 29, 2011 Posted: 29 Mar 2011 01:30 AM PDT By ForexMansion.com The Dollar Edges Higher on Yen Concerns EU leaders missed the opportunity to deliver markets a positive surprise at the end of the March 24-25 summit. In short, the EU council agreed on the structure of the ESM that will be active in 2013, but details for the expanded EFSF will not be provided until June. No changes to the Irish bailout package were announced. Leaders did, however, sign up for the Euro Plus Pact (initially called the Competitiveness Pact), a more stringent … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Forecast For March 29, 2011 Posted: 29 Mar 2011 01:29 AM PDT By CommoditiesMansion.com   Gold has printed a negative day, but not all is as it seems. The day is actually turning into a bit of a hammer, and shows support at the $1,410 level – a vital area for the bulls. Because of this, it looks ripe to retest the $1,440 level, as long as $1,410 holds up. Also of note is the fact that the most recent high was higher than the one before it, as well as the most recent low being higher than the previous one. This is classic peak and trough … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Oil Forecast For March 29, 2011 Posted: 29 Mar 2011 01:27 AM PDT By CommoditiesMansion.com   Light Sweet Crude The CL has triggered shorts at the $105 level, which has been a bit resistive lately. This move should be kept in perspective as there is support as soon as $102.50, $100, and $97.50. Until now, this commodity has been a "buy on the dips" kind of market. This shouldn't change. However – the last high is lower than the one before, which can typically signal that the market is getting tired. In order to go long at this point – new … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Natural Gas Forecast For March 29, 2011 Posted: 29 Mar 2011 01:23 AM PDT By CommoditiesMansion.com   Natural gas had a small move up, testing the $4.50 area that we pointed out last week, and has since fell. In fact, the daily bar is a bit of a shooting star, and could be signaling an imminent pullback. At this point, we need to see a print above the $4.50 mark in order to get bullish in this market. However, there is support below, and this doesn't necessarily mean the bullish run is over. $4.20 sees the market being supportive on a pullback as shown by … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GBP/USD Forecast For March 29, 2011 Posted: 29 Mar 2011 01:22 AM PDT By ForexMansion.com   The cable has formed a perfect hammer at the 1.60 support level today. Because of this, support looks to be winning at the moment. This pair has traded fairly choppy in the recent months, and this week shouldn't be an exception. This bar, if broken to the upside, could lead us up as high as 1.64 or farther. A break below should see the 1.58 support level tested. Originally posted here More articles: EUR/USD Forecast for March 29, 2011 AUD/USD Forecast for … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CHF Forecast For March 29, 2011 Posted: 29 Mar 2011 01:22 AM PDT By ForexMansion.com   The USD/CHF has found the 0.92 area as resistive, and has pulled back from that mark. Because of this, the pair looks to be set for another bearish move. Until we can break above the 0.9300 level, going long this pair is going to be almost impossible at this point. A break down from here would certainly have us testing the all-time lows set last week, and possibly plunging even further. Originally posted here More articles: EUR/USD Forecast for March 29, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/USD Forecast For March 29, 2011 Posted: 29 Mar 2011 01:20 AM PDT By ForexMansion.com   The EUR/USD has bounced from the 1.40 level as we predicted a few days back. This area certainly appears supportive, and should continue to be. The resistive 1.4250 area is still in play, and as such – we should see consolidative movement out of this pair in the meantime. A break below 1.40 sends us down to 1.38, while a break above 1.4250 reignites the uptrend. Originally posted here More articles: AUD/USD Forecast for March 29, 2011 NZD/USD Forecast for … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/GBP Forecast For March 29, 2011 Posted: 29 Mar 2011 01:19 AM PDT By ForexMansion.com   The EUR/GBP currently continues the recent show of strength with yet another bullish day. However, it should be noted that the 0.88 handle has been very influential in the past, and is very likely to be so again. We are currently sitting just under it. Because of this – it will difficult buying this pair at the moment, as a pullback looks likely. Originally posted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GBP/CHF Forecast For March 29, 2011 Posted: 29 Mar 2011 01:19 AM PDT By ForexMansion.com   The GBP/CHF has bumped off of the 1.48 resistance zone, and continued the move downward today. A minor support area is needed to be overcome at the 1.46 area, and after that we could see a retest of the recent lows. Shorting this pair is preferred as the overall trend is certainly down at the moment. A long would be very difficult to justify at this time. Originally posted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NZD/USD Forecast For March 29, 2011 Posted: 29 Mar 2011 01:18 AM PDT By ForexMansion.com   The Kiwi dollar has formed a doji today, signaling a possible pause in this pair. While it hovers around this area, it should be noted that the 0.75 handle is retaining its form. Because of this, the level is becoming increasingly important in the pair, and we will have to stay afloat of it in order to keep moving higher. A break below the level could have us run to 0.73, which leads to 0.70 and below. A break of 0.7580 will attract fresh buying. Originally … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Steady As RBA Rate View Supports Posted: 29 Mar 2011 01:12 AM PDT Forex Pros – The Australian dollar was virtually unchanged against its U.S. counterpart on Tuesday, trading slightly short of Monday's all-time high, supported by the view that the Reserve Bank of Australia will keep rates on hold for now. AUD/USD hit 1.0272 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0244, easing up 0.01%. The pair was likely to find support at 1.0185, Monday's low and resistance at 1.0313, Monday's high and a record high. On … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/NZD Forecast For March 29, 2011 Posted: 29 Mar 2011 12:59 AM PDT By ForexMansion.com   The AUD/NZD continues to hover above the 1.35 area, and as long as it does – this remains bullish as far as bias goes. A break below the 1.35 area is very poor for the outlook of the pair. However, as long as we stay above that level, one has to fancy their chances at a long position. Of course, we are presently consolidating, and it might take a while to pick up momentum again as we run to 1.40 and beyond. Originally posted here More articles: EUR/USD … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Higher, Japan Drops On Goldman Sachs Forecast Posted: 29 Mar 2011 12:53 AM PDT Forex Pros – Asian stock markets were broadly higher on Tuesday, as market sentiment was boosted by upbeat earnings reports, while shares in Japan declined after Goldman Sachs lowered its growth forecast for the country.  During late Asian trade, Hong Kong’s Hang Seng Index gained 0.15%, South Korea’s Kospi Composite climbed 0.77%, while Japan's Nikkei 225 shed 0.21%. Hong Kong-listed shares of China's biggest cement maker Anhui Conch Cement jumped 5.6% after it reported 2010 net … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Hits 2-day High On EBC Rate Hike View Posted: 29 Mar 2011 12:42 AM PDT Forex Pros – The euro rose to a two-day high against the U.S. dollar on Tuesday, after European Central Bank President Jean-Claude Trichet indicated that the bank may hike interest rates next month. EUR/USD hit 1.4144 during late Asian trade, the pair's highest since Friday; the pair subsequently consolidated at 1.4133, gaining 0.33%. The pair was likely to find support at 1.4019, Monday's low and a six-day low and resistance at 1.4247, the high of March 22 and a four-month high. On … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro Higher Across The Board Posted: 29 Mar 2011 12:26 AM PDT The Euro has been grinding higher against the major currencies with Pimco's Bosomworth commenting earlier that he believes Spain is heading in the right direction, and that Germany's real estate market seems to be showing signs of life. From an hourly perspective, the Euro is firmer against the Swiss franc making a new session high of 1.41401 after European equities opened higher. Earlier today the pair tested support on a bullish trend line which has been developing since last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bank Of Israel Raises Interest Rate 50bps To 3.00% Posted: 29 Mar 2011 12:12 AM PDT The Bank of Israel raised its monetary policy interest rate 50 basis points to 3.00% due to rising consumer and house price inflation. The Bank said the move was “consistent with the process of returning the interest rate to a normal range intended to position inflation firmly within the target range and to support the further recovery of economic activity, while maintaining financial stability.”. Israel recorded inflation of  4.2% over the past 12 months, which is above the 1-3% official … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The Asian Session Posted: 28 Mar 2011 11:20 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.4127, up 0.28% at time of writing. The pair was likely to find support at 1.4022, Monday's low, and resistance at 1.4220, Thursday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8810 and EUR/JPY rising 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Berkshire Hathaway Posted: 28 Mar 2011 11:05 PM PDT Berkshire Hathaway’s (BRK.B) fourth quarter earnings were up year over year, driven by an increase in revenue from the company’s economy-sensitive business – Utilities & Energy and Manufacturing, Service & Retailing. Also, the recently completed acquisition of the railroad company Burlington Northern Santa Fe (BNSF) contributed significantly to the earnings. We believe the company is poised to grow its top line as growing rail demand for freight catches up with the stabilizing economy. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Universal Tech Institute (UTI) Posted: 28 Mar 2011 11:05 PM PDT Universal Technical Institute’s (NYSE:UTI) average enrollment rose 8.5% but dropped 690 basis points sequentially. The rate of fall in the new enrollments accelerated to 13% during the most recent quarter, following a decline of 5% in fourth-quarter 2010. Management warned that enrollment of new students for fiscal 2011 will be below the prior-year level due to regulations proposed by the Department of Education, and will consequently result in a single-digit revenue growth. Hence, we maintain our … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: AvalonBay Communities, Inc. Posted: 28 Mar 2011 11:05 PM PDT With homeownership rates declining and rental rates rising, the apartment REIT industry should experience a nice tailwind over the next several years. One such company benefitting from this trend is AvalonBay Communities, Inc. (NYSE:AVB). AvalonBay develops and manages apartment communities in high barrier to entry markets throughout the U.S. Average rental rates rose in 2010, and management expects this trend to continue in 2011. The company also pays a dividend that yields a solid 3.0%. It is a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: CVR Energy, Inc. Posted: 28 Mar 2011 11:05 PM PDT CVR Energy, Inc. (NYSE:CVI) just blasted into a new multi-year high after reporting a hefty 15% earnings surprise in early March. That sent estimates jumping, providing more upward momentum for this Zacks #1 rank stock. Company Description CVR Energy, Inc., together with its subsidiaries, refines and markets transportation fuels in the United States and has a market cap of $1.9 billion. The refiners have been seeing big gains lately on big spreads between WTI (West Texas Intermediate) and Brent … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: ICU Medical Inc. Posted: 28 Mar 2011 11:05 PM PDT ICU Medical, Inc. (NASDAQ:ICUI) has a great earnings history, booking its latest surprise back in January. Estimates keep moving higher for this Zacks #1 Rank (Strong Buy) and are now at 5-year highs. Company Description ICU Medical makes medical technologies for vascular therapy, oncology and critical care applications. Products include custom I.V. systems, closed delivery systems, cardiac monitoring systems and catheters. Good Earnings History The company’s last quarterly report was back on Jan 31 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up In Asian Trade Posted: 28 Mar 2011 10:50 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Tuesday. GBP/USD was trading at 1.6028, up 0.22% at time of writing. The pair was likely to find support at 1.5938, Monday's low, and resistance at 1.6267, Thursday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.001% to hit 0.8808 and GBP/JPY rising 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/CHF Down In Asian Trading Hours Posted: 28 Mar 2011 10:20 PM PDT Forex Pros – The Euro was lower against the Swiss Franc on Tuesday. EUR/CHF was trading at 1.2911, down 0.03% at time of writing. The pair was likely to find support at 1.2788, Thursday's low, and resistance at 1.2981, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.12% to hit 1.4104 and EUR/JPY rising 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Down During Asian Trade Posted: 28 Mar 2011 09:50 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Tuesday. USD/CHF was trading at 0.9158, down 0.10% at time of writing. The pair was likely to find support at 0.9030, Thursday's low, and resistance at 0.9234, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.04% to hit 1.4092 and USD/JPY rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GBP/JPY Forecast For March 29, 2011 Posted: 28 Mar 2011 09:40 PM PDT By ForexMansion.com   The GBP/JPY finds itself still sitting in between the 135 and 125 handles as there has been massive consolidation over the last 9 months or so. This should continue as there has only been one attempt to break out of that range – and it was held back by central bank intervention. Because of this, the pair is to be played short from the top, and long from the bottom of the range. Currently, we find ourselves in the middle and looking for direction. Originally … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/CHF Forecast For March 29, 2011 Posted: 28 Mar 2011 09:22 PM PDT By ForexMansion.com   The EUR/CHF finds itself hanging just below the 1.30 resistance line. Because of this, going long this pair at the moment is going to be difficult, especially seeing as it is in a major down trend. It will take a daily close above that level to convince fresh buying at this point. The more simple direction is down – with a run to 1.25 being a very possible scenario. Originally posted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/JPY Forecast For March 29, 2011 Posted: 28 Mar 2011 09:20 PM PDT By ForexMansion.com   The USD/JPY has had another slightly bullish day today. It currently finds itself grinding up towards the 82 handle which was once support for this pair. Because of this – resistance should be found here. However, there are no less than 5 central banks that have been involved in bidding this pair up recently. Because of this, shorting this pair is almost impossible. A long in this pair would have to be of the longer-term variety, since there are several … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Down During The Asian Session Posted: 28 Mar 2011 09:20 PM PDT Forex Pros – The Euro was lower against the British Pound on Tuesday. EUR/GBP was trading at 0.8800, down 0.09% at time of writing. The pair was likely to find support at 0.8664, Thursday's low, and resistance at 0.8820, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.04% to hit 1.4092 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/USD Forecast For March 29, 2011 Posted: 28 Mar 2011 09:17 PM PDT By ForexMansion.com   The AUD/USD has broken out of the recent consolidation area between 0.97 and 1.0000. Because of this, you cannot risk taking a short position, even if the daily bar is shaped like a shooting star. There is simply too much interest in this pair at the 1.02 area, and that area should show up as support as it attracts new buyers. If you are not involved in this pair at the moment, any sign of strength on a pullback to 1.02 would be an ideal set up. Originally posted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During Asian Trade Posted: 28 Mar 2011 08:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Tuesday. USD/JPY was trading at 81.75, up 0.06% at time of writing. The pair was likely to find support at 80.77, Thursday's low, and resistance at 81.85, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.001% to hit 1.4087 and GBP/USD rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down In Asian Trading Hours Posted: 28 Mar 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday. USD/CAD was trading at 0.9774, down 0.07% at time of writing. The pair was likely to find support at 0.9732, Thursday's low, and resistance at 0.9828, Friday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.07% to hit 1.4077 and GBP/USD rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During Asian Trade Posted: 28 Mar 2011 07:30 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday. AUD/USD was trading at 1.0235, down 0.08% at time of writing. The pair was likely to find support at 1.0113, Thursday's low, and resistance at 1.0314, Monday's high. Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.02% to hit 1.3750 and AUD/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 28 Mar 2011 07:05 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.4076, down 0.08% at time of writing. The pair was likely to find support at 1.4022, Monday's low, and resistance at 1.4220, Thursday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.07% to hit 0.8802 and EUR/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Down During Asian Trade Posted: 28 Mar 2011 06:35 PM PDT Forex Pros – The Euro was lower against the Japanese Yen on Tuesday. EUR/JPY was trading at 114.96, down 0.11% at time of writing. The pair was likely to find support at 113.55, Thursday's low, and resistance at 115.31, Monday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.09% to hit 1.4075 and EUR/GBP falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Manufacturing Profits Soar To Record High Posted: 28 Mar 2011 06:31 PM PDT Both after-tax profits and after-tax profit margins (profits/sales) for U.S. manufacturing corporations soared to record-high levels in the fourth quarter of 2010, according to data released today by the U.S. Census Bureau.  Profits for U.S. manufacturing firms reached $135.3 billion in QIV last year, the highest amount of profits ever recorded in a single quarter for America’s manufacturers, and surpassing the previous record of $127 billion in QII 2007 before the recession started (see … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CAD Forecast For March 29, 2011 Posted: 28 Mar 2011 06:20 PM PDT By ForexMansion.com   USD/CAD has been wondering around aimlessly in the 300 pips range of 0.97 to 1.000 for the last several weeks. There is nothing on this chart that suggests this is going to change anytime soon. Because of this, any trading in this pair should be of the short-term in variety and take profit levels should be quick. A breakdown of 0.97 is needed for clear direction in this pair. A break above parity signals consolidation between 1.000 and 1.0200 levels. Originally … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Monday, March 28, 2011 Posted: 28 Mar 2011 05:53 PM PDT The market spent a good amount of the trading session in positive territory only to give up those gains and close lower by the end of the session.  Market breadth was generally on the negative side and investors were not favoring the stock market in either direction.  The action today was enough for us to lower the resistance levels for the DJIA, S&P 500, and Nasdaq Composite (see below).  We are also lowering the support levels on the DJIA and Nasdaq Composite (see … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/JPY Down During The Asian Session Posted: 28 Mar 2011 05:45 PM PDT Forex Pros – The British Pound was lower against the Japanese Yen on Tuesday. GBP/JPY was trading at 130.43, down 0.17% at time of writing. The pair was likely to find support at 130.14, Monday's low, and resistance at 131.71, Thursday's high. Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.04% to hit 1.5986 and EUR/GBP rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down In Asian Trade Posted: 28 Mar 2011 05:05 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.4073, down 0.10% at time of writing. The pair was likely to find support at 1.4022, Monday's low, and resistance at 1.4220, Thursday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8806 and EUR/JPY falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up On Economic Data Posted: 28 Mar 2011 04:50 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Monday after the release of Japanese data on Unemployment Rate. USD/JPY was trading at 81.73, up 0.05% at time of writing. The pair was likely to find support at 80.71, Wednesday's low, and resistance at 81.85, today's high. Earlier in the day, official data showed that Japan's unemployment rate fell unexpectedly to a seasonally adjusted 4.60% last month from 4.90% in the preceding month. Analysts had expected the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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