DailyMarkets.com - Gold & Equities On The Verge Of Breaking Out!

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• Gold & Equities On The Verge Of Breaking Out!
• Two Charts That Could Foretell The Future
• Forex – USD/CHF Rises To Daily High As Oil Prices Retreat
• Forex – EUR/JPY Down After Moody’s Cuts Spanish Debt Rating
• Forex Daily Outlook March 10, 2011
• Forex – EUR/GBP Hits 5-day Low After Moody’s Downgrade Spain
• EUR USD Forex Forecast For March 10, 2011
• GBP USD Forex Forecast For March 10, 2011
• AUD USD Forex Forecast For March 10, 2011
• NZD USD Forex Forecast For March 10, 2011
• USD CAD Forex Forecast For March 10, 2011
• USD CHF Forex Forecast For March 10, 2011
• USD JPY Forex Forecast For March 10, 2011
• Gold Forecast For March 10, 2011
• European Stocks Drop On Spain Downgrade; DAX Falls 0.69%
• Natural Gas Forecast For March 10, 2011
• Oil Forecast For March 10, 2011
• AUD NZD Forex Forecast For March 10, 2011
• U.K. Manufacturing Production Rises More-than-expected In January
• Forex – Dollar Up Across The Board, Euro Falls On Spain Downgrade
• Forex – GBP/USD Weakens As BoE Interest Rate Decision Eyed
• Forex – USD/JPY Edges Up To 4-day High Amid Asia Slowdown Signs
• Bank Of Korea Raises Rate 25bps To 3.00%
• Reserve Bank Of New Zealand Cuts OCR 50bps To 2.50%
• Forex – AUD/USD Tumbles To 2-week Low On Weak Jobs, China Data
• Forex – NZD/USD Nears 5-month Low After RBNZ Cuts Interest Rate
• Asia Stocks Broadly Lower, China Trade Data Weighs; Nikkei Down 1.46%
• Forex Trading: Traders Eye British Interest Rates
• Forex – EUR/USD Tumbles To 6-day Low On Weak China Trade Data
• Governor Walker’s Coup D’Etat
• Bear Of The Day: Interactive Brokers Group (IBKR)
• Bull Of The Day: Polo Ralph Lauren (RL)
• Aggressive Growth Stock: LSB Industries
• Growth & Income Stock: Monsanto Company
• Momentum Stock: Timberland, Co.
• Forex – EUR/USD Down During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Forex – EUR/GBP Down During The Asian Session
• Singapore Stock Market Update For Thursday 10 March
• Gold And Silver Parabolics – Part II
• Forex – USD/JPY Up During Asian Trade
• Forex – USD/CAD Up In Asian Trading Hours
• Target Continues Expansion Of Retail Clinics
• Forex – AUD/USD Down During Asian Trade
• Stock Market Summary For Wednesday, March 9, 2011
• Forex – EUR/USD Up During The Asian Session
• Stock Market Summary For Wednesday, March 9, 2011
• I Wonder What They Are Saying Now
• Forex – EUR/JPY Up During Asian Trade
• Australian Employment Change Falls Unexpectedly

Gold & Equities On The Verge Of Breaking Out! Posted: 10 Mar 2011 03:35 AM PST The past couple weeks we have seen strong distribution selling in the equities market followed by equally large days of buying. These buying and selling frenzies have formed a sideways consolidation. Intraday movements have been sizable and more than enough to shake those trying to pick a direction early out of the market a few times. As fewer traders get involved the price range narrows and becomes compressed. Eventually there will be a breakout in a direction on heavy volume and with … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Two Charts That Could Foretell The Future Posted: 10 Mar 2011 03:19 AM PST The US Dollar index found support at 72 and has held that low for the time being. Yet, the buck was unable to hold both strong rallies of the past two years. Now it has fallen below 80 and is threatening support at 75. In the short-term we feel the greenback can hold its own for a while. However, this is a very ominous looking chart. The US$ needs to find its legs soon or 2011 and 2012 could be ugly. Likewise, interest rates are again on the cusp of a major breakout which of course … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Rises To Daily High As Oil Prices Retreat Posted: 10 Mar 2011 02:47 AM PST Forex Pros – The U.S. dollar was up against the Swiss franc on Thursday, as oil prices retreated below USD105 a barrel, but the greenbacks gains were capped as unexpectedly weak Chinese trade data weighed on sentiment. USD/CHF hit 0.9348 during European morning trade, the daily high; the pair subsequently consolidated at 0.9331, gaining 0.39%. The pair was likely to find support at 0.9260, Tuesday's low and short-term resistance at 0.9368, Wednesday's high. Crude futures for delivery … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Down After Moody’s Cuts Spanish Debt Rating Posted: 10 Mar 2011 02:28 AM PST Forex Pros – The euro was down against the yen on Thursday, falling to a five-day low after Moody's Investors Service cut Spain's government-bond rating by one notch. EUR/JPY hit 114.34 during European morning trade, the pair's lowest since March 3; the pair subsequently consolidated at 114.74, shedding 0.28%. The pair was likely to find support at 113.08, the low of March 3 and resistance at 115.25, Wednesday's high. Moody’s downgraded Spain's sovereign debt to Aa2 from Aa1 with … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Daily Outlook March 10, 2011 Posted: 10 Mar 2011 02:13 AM PST By ForexMansion.com Sterling is Poised to Break to the Upside The Euro consolidated as traders absorbed New banking information with regard this year’s stress test.  The newly created European Banking Authority will be overseeing the stress tests on almost 90 European banks.  The stress tests last year met broad criticism for the lack of substance.  It was anticipated that the EBA would provide for a more robust test this in 2011.  The definition of Tier 1 capital, which is … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Hits 5-day Low After Moody’s Downgrade Spain Posted: 10 Mar 2011 02:04 AM PST Forex Pros – The euro slipped to a five-day low against the pound on Thursday, after ratings agency Moody's cut Spain's government-bond rating and following a report showing that manufacturing activity in the U.K. rose at its fastest pace in 10 months in January. EUR/GBP hit 0.8548 during European morning trade, the pair's lowest since March 3; the pair subsequently consolidated at 0.8559, shedding 0.28%. The pair was likely to find support at 0.8478, the low of March 3 and resistance … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR USD Forex Forecast For March 10, 2011 Posted: 10 Mar 2011 01:59 AM PST 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 potential breakout. Until this is done, there will be no clear direction for this pair. A break over the 1.40 area on a daily close would signal a continuation of the latest bull run. A break below 1.38 would send this pair down towards 1.3450. And supportive action at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GBP USD Forex Forecast For March 10, 2011 Posted: 10 Mar 2011 01:59 AM PST 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 bullish. This could be a cause for concern; however the support at 1.61 should be there to catch any fall in this pair. The ultimate destination for cable is 1.70, but that is a long way off. Any longs should be prepared to wait for your profits. This pair is going to move slightly higher, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD USD Forex Forecast For March 10, 2011 Posted: 10 Mar 2011 01:55 AM PST 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, even though it hasn't moved much recently. The nice thing about this chart at the moment is that there is a clear breakout point that everyone will be watching: 1.02 – which could signal a move to 1.09 as based upon the measurement of the triangle. It also has a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NZD USD Forex Forecast For March 10, 2011 Posted: 10 Mar 2011 01:54 AM PST 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 that the cut was a once off type cut as it was a move to be proactive about the needed construction around the city of Christchurch which was recently devastated by an earthquake. The previous support level of 0.7350 stay in play, and it looks like a continuation of the previous 0.73 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD CAD Forex Forecast For March 10, 2011 Posted: 10 Mar 2011 01:54 AM PST 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 forward. The daily bar does resemble a hammer, but with the slow, grinding, and methodical mature of the move down, it simply signifies that the move to 0.95 and 0.90 might be a slower affair than one might have imagined.  Any longs at this point would be … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD CHF Forex Forecast For March 10, 2011 Posted: 10 Mar 2011 01:53 AM PST 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 far as the 0.88 handle. Since then, it has consolidated around the 0.93 mark, and is showing that it still is trying to decide what to do. Because of this, there is now a case being made that a bear flag is forming in this area, which would measure 500 pips. Odd, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD JPY Forex Forecast For March 10, 2011 Posted: 10 Mar 2011 01:52 AM PST By ForexMansion.com This pair continues to find itself stuck in a large wedge that is neither bullish, nor bearish. Because of this, the USD/JPY has been a scalper's delight at best. Long term moves are unlikely to be seen until we break loose from the upper or lower trend lines of the wedge in the chart. For now, the bias is decidedly … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Forecast For March 10, 2011 Posted: 10 Mar 2011 01:51 AM PST 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. The market has been basically flat since then, signaling possible exhaustion as the buyers are running out of steam. This market looks flat at the moment, and no real direction is apparent this week. Although the bearish formation formed on Monday, we simply haven't … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Stocks Drop On Spain Downgrade; DAX Falls 0.69% Posted: 10 Mar 2011 01:51 AM PST Forex Pros – European stock markets were broadly lower on Thursday, after Moody's downgraded Spain's government-bond rating, while U.S. futures indexes pointed to a downbeat open on Wall Street. During European morning trade, the EURO STOXX 50 dropped 0.74%, France's CAC 40 slumped 0.68%, while Germany’s DAX fell 0.69%. Earlier in the day, Moody's downgraded Spain's government-bond rating by one notch to Aa2 from Aa1 and assigned it a negative outlook, saying the country's bank … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Natural Gas Forecast For March 10, 2011 Posted: 10 Mar 2011 01:50 AM PST 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 currently being asked in the pits. The current range is between 2.85 and $4. This should continue to be the case until a major catalyst can be found. It should be noted that the market has been down for a very, very, very long time. As such, shorts are preferred. A nice short … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Oil Forecast For March 10, 2011 Posted: 10 Mar 2011 01:43 AM PST 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 of the $105/barrel price being resistance. As the charts look now, it appears that for any new bullish move, we will have to see $107.50 broken. Any short-term bearish move should find the CL looking for $105 as support. The falling to support scenario seems to be … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD NZD Forex Forecast For March 10, 2011 Posted: 10 Mar 2011 01:40 AM PST 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 again. The smartest move is to wait for a pullback, and hopefully to the 1.35 level. Shorts are highly discouraged in this pair as there is no real bear case for it. If we do not get a pullback to 1.35, it might be a while before a nice long set up shows … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Manufacturing Production Rises More-than-expected In January Posted: 10 Mar 2011 01:35 AM PST Forex Pros – Manufacturing production in the U.K. rose more-than-expected in January, official data showed on Thursday. In a report, the U.K. Office for National Statistics said that manufacturing production rose by a seasonally adjusted 1.0% in January, after dipping by 0.1% in December.  Economists had expected manufacturing production to rise by 0.8% in January. The report showed that year-on-year, manufacturing production rose at an annualized rate of 6.8% in January, after rising … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Up Across The Board, Euro Falls On Spain Downgrade Posted: 10 Mar 2011 01:14 AM PST Forex Pros – The U.S. dollar was up against all of its major counterparts on Thursday, while the euro was broadly lower after Moody's Investors Service cut Spain's government-bond rating by one notch. During European morning trade, the greenback was up against the euro, with EUR/USD shedding 0.54% to hit 1.3832. Earlier in the day, Moody’s downgraded Spain's sovereign debt to Aa2 from Aa1 with a negative outlook and warned of further cuts, saying plans to bail out the country's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Weakens As BoE Interest Rate Decision Eyed Posted: 10 Mar 2011 01:02 AM PST Forex Pros – The pound weakened against the U.S. dollar on Thursday, sliding to an eight-day low, ahead of a decision by Bank of England policymakers on interest rates. GBP/USD hit 1.6123 during European morning trade, the pair's lowest since February 28; the pair subsequently consolidated at 1.6150, shedding 0.31%. Cable was likely to find support at 1.6070, the low of February 28 and resistance at 1.6242, Wednesday's high. The BoE’s Monetary Policy Committee began a two-day meeting … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Edges Up To 4-day High Amid Asia Slowdown Signs Posted: 10 Mar 2011 12:40 AM PST Forex Pros – The U.S. dollar edged higher against the yen on Thursday, easing up to a four-day high, after a flurry of economic data indicated that growth in Asian economies could be slowing. USD/JPY hit 82.96 during early European morning trade, the pair's highest since March 4; the pair subsequently consolidated at 82.81, easing up 0.09%. The pair was likely to find support at 82.20, Tuesday's low and resistance at 83.52, the high of February 22. Earlier Thursday, official data … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bank Of Korea Raises Rate 25bps To 3.00% Posted: 10 Mar 2011 12:26 AM PST The Bank of Korea raised the benchmark 7-day repurchase rate 25 basis points to 3.00% from 2.75% due to rising inflation. South Korea reported inflation of 4.5% in February this year, which is just above the Bank’s inflation target range of 2% to 4% through 2012. The Bank is forecasting inflation to stabilize around 3.5% this year, compared to 2.9% in 2010. The South Korean economy grew 0.5% in the December quarter of 2010, bringing overall GDP growth to 6.1% for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Reserve Bank Of New Zealand Cuts OCR 50bps To 2.50% Posted: 10 Mar 2011 12:11 AM PST The Reserve Bank of New Zealand reduced the Official Cash Rate by 50 basis points to 2.50% as an emergency response to the Christchurch earthquake. Alluding to the confidence effect of the rate cut, the Bank noted “Business and consumer confidence has almost certainly deteriorated.” The Bank said that it would be closely monitor emerging economic data, and that the monetary policy accommodation will need to be removed as the rebuilding phase … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Tumbles To 2-week Low On Weak Jobs, China Data Posted: 10 Mar 2011 12:09 AM PST Forex Pros – The Australian dollar tumbled to a two-week low against its U.S. counterpart on Thursday, weighed by unexpectedly weak domestic employment data and disappointing Chinese trade data. AUD/USD hit 1.0023 during late Asian trade, the pair's lowest since February 24; the pair subsequently consolidated at 1.0037, tumbling 0.68%. The pair was likely to find support at 0.9981, the low of February 23 and resistance at 1.0131, Wednesday's high. Earlier in the day, official data … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Nears 5-month Low After RBNZ Cuts Interest Rate Posted: 09 Mar 2011 11:49 PM PST Forex Pros – The New Zealand dollar was trading close to a five-month low against its U.S. counterpart on Thursday, after the central bank cut interest rates to offset the impact from the 6.3 magnitude earthquake that hit the nation’s second-largest city of Christchurch last month. NZD/USD hit 0.7344 during late Asian trade, the daily low; the pair subsequently consolidated at 0.7347, shedding 0.25%. The pair was likely to find short-term support at 0.7323, Wednesday's low and a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Broadly Lower, China Trade Data Weighs; Nikkei Down 1.46% Posted: 09 Mar 2011 11:49 PM PST Forex Pros – Asian stock markets were broadly lower on Thursday, as market sentiment was weighed by ongoing violence in Libya and after China unexpectedly posted its largest trade deficit in seven years. During late Asian trade, Hong Kong’s Hang Seng Index slumped 0.88%, South Korea’s Kospi Composite fell 0.99%, while Japan's Nikkei 225 Index dropped 1.46%.   Earlier in the day, a government report showed that China unexpectedly posted a trade deficit of USD7.3 billion in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Traders Eye British Interest Rates Posted: 09 Mar 2011 11:30 PM PST Traders Eye British Interest Rates The BOE will take center stage as the British central bank is expected to hold interest rates steady. The market has priced in a 1 in 5 chance of a surprise interest rate increase at today’s meeting. Economic News USD – Two Day Dollar Rally Stalls A lack of economic data kept the dollar in check yesterday as traders took a pause in this week’s dollar buying. However, the Canadian dollar reached its strongest level versus the US dollar since November … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Tumbles To 6-day Low On Weak China Trade Data Posted: 09 Mar 2011 11:27 PM PST Forex Pros – The euro tumbled to a six-day low against the U.S. dollar on Thursday, after unexpectedly poor Chinese trade data fanned fears over a slowdown in global growth while concerns over euro zone sovereign debts also weighed. EUR/USD hit 1.3805 during late Asian trade, the pair's lowest since March 2; the pair subsequently consolidated at 1.3825, shedding 0.56%. The pair was likely to find support at 1.3710, the low of February 28 and resistance at 1.3940, Wednesday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Governor Walker’s Coup D’Etat Posted: 09 Mar 2011 11:24 PM PST Governor Scott Walker and his Wisconsin senate Republicans have laid bare the motives for their coup d'etat. By severing the financial part of the bill (which couldn't be passed without absent Democrats) from the part eliminating the collective bargaining rights of public employees (which could be), and then doing the latter, Wisconsin Republicans have made it crystal clear that their goal has had nothing whatever to do with the state budget. It's been to bust the unions. That's no … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Interactive Brokers Group (IBKR) Posted: 09 Mar 2011 11:05 PM PST We are downgrading our recommendation on Interactive Brokers Group (NASDAQ:IBKR) to Underperform from Neutral based on its mediocre fourth-quarter 2010 results. Earnings for the reported quarter lagged the Zacks Consensus Estimate. Though results benefited from lower non-interest expenses, they were more than offset by decrease in net revenue. Also, higher interest and compensation expenses were to the downside. Though the company’s fundamentals remain strong with a liquid balance sheet, sturdy … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Polo Ralph Lauren (RL) Posted: 09 Mar 2011 11:05 PM PST Polo Ralph Lauren (NYSE:RL) reported better than expected third quarter 2011 earnings results. The quarterly earnings of $1.72 per share surpassed the Zacks Consensus Estimate of $1.28 and rose 56.4% from the prior-year quarter on the heels of a strong top-line and better margin performance. The company leverages its sturdy array of globally renowned brands and their premium positioning to bolster its well-established business in the specialty retailing sector. Moreover, management’s initiatives … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: LSB Industries Posted: 09 Mar 2011 11:05 PM PST LSB Industries, Inc (LXU) has everything going its way. Shares are surging, but thanks to very optimistic analysts, the valuations are still great. This Zacks #1 Rank (Strong Buy) should double its bottom line by the end of the year and there is plenty of upside beyond that. Company Description LSB Industries is a manufacturing, marketing and engineering company. Its areas of focus are commercial and residential climate control products, geothermal and water source heat pumps, hydraulic fan … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Monsanto Company Posted: 09 Mar 2011 11:05 PM PST The USDA recently raised its forecasts for planted corn acreage this year. This is great news for agricultural biotech company Monsanto (NYSE:MON). Earnings estimates have been rising to reflect this increase, sending the stock to a Zacks #2 Rank (Buy). The company also generates strong cash flows, which it has used to steadily raise its dividend. It currently yields 1.6%. Company Description Monsanto provides technology-based solutions and agricultural products to improve farm productivity and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Timberland, Co. Posted: 09 Mar 2011 11:05 PM PST Timberland, Co. (NYSE:TBL) recently jumped more than 30% in one day after reporting an awesome Q4 earnings surprise of 66%. With shares trading at a multi-year high and estimates on the upswing, this Zacks #1 rank stock is a great fit for momentum. Company Description The Timberland Company designs and sells footwear for men, woman and children worldwide and has a market cap of $1.95 billion. Strong brands and companies have emerged from the recession with renewed vigor, with growing consumer … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 09 Mar 2011 10:20 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3875, down 0.24% at time of writing. The pair was likely to find support at 1.3856, Wednesday's low, and resistance at 1.4036, Monday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8580 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Down In Asian Trade Posted: 09 Mar 2011 09:50 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Thursday. GBP/USD was trading at 1.6167, down 0.21% at time of writing. The pair was likely to find support at 1.6126, Tuesday's low, and resistance at 1.6341, Monday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8582 and GBP/JPY falling 0.06% 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: 09 Mar 2011 09:20 PM PST Forex Pros – The Euro was lower against the Swiss Franc on Thursday. EUR/CHF was trading at 1.2926, down 0.03% at time of writing. The pair was likely to find support at 1.2895, Wednesday's low, and resistance at 1.3040, Tuesday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.23% to hit 1.3876 and EUR/JPY falling 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up During Asian Trade Posted: 09 Mar 2011 08:50 PM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Thursday. USD/CHF was trading at 0.9314, up 0.20% at time of writing. The pair was likely to find support at 0.9236, Monday's low, and resistance at 0.9370, Wednesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.27% to hit 1.3871 and USD/JPY rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Down During The Asian Session Posted: 09 Mar 2011 08:20 PM PST Forex Pros – The Euro was lower against the British Pound on Thursday. EUR/GBP was trading at 0.8572, down 0.14% at time of writing. The pair was likely to find support at 0.8565, Wednesday's low, and resistance at 0.8636, Tuesday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.25% to hit 1.3873 and EUR/JPY falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Thursday 10 March Posted: 09 Mar 2011 07:44 PM PST Morning Highlights Singapore stocks eased after minutes of opening trades on US overnight drop… News Updates: China ran a trade deficit of US$7.3 billion in February, as the Lunar New Year holiday sharply slowed activity in its export factories, the customs agency said on Thursday. Japan Q4 GDP revised down, wholesale prices up. Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold And Silver Parabolics – Part II Posted: 09 Mar 2011 07:44 PM PST As you will discover from the charts and information in this article, the previous three gold and silver parabolics (2004, 2006 and 2008) had a common characteristic.  Each exhibited a midpoint consolidation – a resting place that separated the character of the first half and second half of the parabolic move.  This observation is particularly relevant at this time, as both gold and silver have presently completed this midpoint consolidation and are already on their way to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During Asian Trade Posted: 09 Mar 2011 07:42 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of Japanese data on GDP. USD/JPY was trading at 82.81, up 0.09% at time of writing. The pair was likely to find support at 81.95, Monday's low, and resistance at 82.93, Wednesday's high. Earlier in the day, official data showed that Japanese gross domestic product fell to a seasonally adjusted -0.30% in the last quarter from -0.30% in the preceding quarter. Analysts had expected Japan's GDP … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Up In Asian Trading Hours Posted: 09 Mar 2011 07:11 PM PST Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Thursday. USD/CAD was trading at 0.9696, up 0.11% at time of writing. The pair was likely to find support at 0.9668, Wednesday's low, and resistance at 0.9748, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.06% to hit 1.3900 and GBP/USD falling 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Target Continues Expansion Of Retail Clinics Posted: 09 Mar 2011 07:04 PM PST Minneapolis StarTribune — After years of sitting on the sidelines as CVS and Walgreens rapidly opened medical clinics nationwide, Target Corp. said Tuesday it will open eight new Target Clinics by the end of July, including four in the Twin Cities. It marks the second eight-store burst in six months for the Minneapolis-based retailer, after expanding into Chicago and Palm Beach for the first time in September. The new clinics mean Target will have 44 locations in Minnesota, Maryland, Illinois … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During Asian Trade Posted: 09 Mar 2011 06:30 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of Australian data on Employment Change. AUD/USD was trading at 1.0095, down 0.12% at time of writing. The pair was likely to find support at 1.0054, Tuesday's low, and resistance at 1.0186, Monday's high. Earlier in the day, official data showed that Australian employment change fell unexpectedly to a seasonally adjusted -10.10K last month from 7.70K in the preceding month whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Wednesday, March 9, 2011 Posted: 09 Mar 2011 06:09 PM PST Update for Wednesday, March 9, 2011 will be posted by 10:30 pm est.  Sorry for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The Asian Session Posted: 09 Mar 2011 06:05 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3916, up 0.06% at time of writing. The pair was likely to find support at 1.3856, Wednesday's low, and resistance at 1.4036, Monday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8584 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Wednesday, March 9, 2011 Posted: 09 Mar 2011 05:57 PM PST Stocks opened lower but were able to close mostly at the top end of their intra-day trading range.  The DJIA finished flat and the S&P 500 was down only 0.1%.  The Nasdaq Composite which has recently been the weakest of the three indexes ended off 0.5% as investors were selling these issues.  For the DJIA we are raising the support level slightly and keeping its resistance level the same (see below).  The support/resistance levels on the S&P 500 are the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

I Wonder What They Are Saying Now Posted: 09 Mar 2011 05:35 PM PST Remember when municipal finance specialists, politicians, fixed-income fund managers, credit analysts, municipal finance columnists, municipal finance executives, bond analysts, business reporters, and sundry other “experts” pooh-poohed the warning Meredith Whitney’s gave in December on CBS’s ”60 Minutes” about a coming meltdown in the muni market, with some suggesting the banking analyst was well out of her depth? Well, I wonder what they are saying now that Jeff Gundlach, one of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Up During Asian Trade Posted: 09 Mar 2011 05:35 PM PST Forex Pros – The Euro was higher against the Japanese Yen on Thursday after the release of Japanese data on GDP. EUR/JPY was trading at 115.16, up 0.08% at time of writing. The pair was likely to find support at 114.56, Monday's low, and resistance at 115.28, Monday's high. Earlier in the day, official data showed that Japanese gross domestic product fell to a seasonally adjusted -0.30% in the last quarter from -0.30% in the preceding quarter. Analysts had expected Japan's GDP to fall … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australian Employment Change Falls Unexpectedly Posted: 09 Mar 2011 04:45 PM PST Forex Pros – Australian employment change fell unexpectedly last month, official data showed on Thursday. In a report, Australian Bureau of Statistics said that Australian employment change fell to a seasonally adjusted -10.10K, from 7.70K in the preceding month whose figure was revised down from 24.00K. Analysts had expected Australian employment change to rise 21.50K last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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