Wednesday, April 20, 2011

DailyMarkets.com - Forex – Euro Surges To 3-day High Against Broadly Weaker Yen

DailyMarkets.com - Forex – Euro Surges To 3-day High Against Broadly Weaker Yen


Forex – Euro Surges To 3-day High Against Broadly Weaker Yen

Posted: 20 Apr 2011 03:10 AM PDT

Forex Pros – The euro rallied to a three-day high against the broadly weaker yen on Wednesday, as stronger risk sentiment prompted investors to seek out higher yielding currencies.<br /><br />EUR/JPY hit 120.18 during European morning trade, the pair&rsquo;s highest since April 15; the pair subsequently consolidated at 120.06, surging 1.43%.<br /><br />The pair was likely to find support at 117.08, Tuesday&rsquo;s low and resistance at 121.46, the high of April … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Pricing Your Home And Picking A Real Estate Agent

Posted: 20 Apr 2011 02:37 AM PDT

Rick was in heaven.  He found a real estate agent who agreed with him on the value of his home.  He was going to make some money.
He was at work.  He was telling Lisa all about it.  He was excited.  Lisa was excited for him.  She asked about how long it would take to sell his house.  The agent told him a month – two tops.
Grumpy Bella, at a nearby desk, had been listening to all this.  Rick wasn't talking to her.  This didn't stop Bella from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – Euro Jumps To 4-day High Against Pound After BoE Minutes

Posted: 20 Apr 2011 02:08 AM PDT

Forex Pros – The euro extended gains against the pound on Wednesday, jumping to a four-day high after the Bank of England&rsquo;s April policy meeting minutes showed policymakers maintained their 6-3 split in favor of keeping rates on hold.<br /><br />EUR/GBP hit 0.8864 during European morning trade, the pair&rsquo;s highest since April 15; the pair subsequently consolidated at 0.8857, rallying 0.82%.<br /><br />The pair was likely to find support at 0.8739, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


European Stocks Surge On Upbeat Earnings; DAX Jumps 2%

Posted: 20 Apr 2011 02:00 AM PDT

Forex Pros – European stock markets posted sharp gains on Wednesday, as market sentiment was lifted amid a flurry of upbeat earnings reports, while U.S. futures indexes pointed to a higher open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 climbed 1.55%, France&rsquo;s CAC 40 rose 1.7%, while Germany’s DAX 30 jumped 2%.<br /><br />Europe&rsquo;s second largest automaker Peugeot climbed 3.8% after it said first quarter revenue rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – Dollar Broadly Lower Vs. Rivals As Risk Aversion Eases

Posted: 20 Apr 2011 01:28 AM PDT

Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as risk appetite sharpened and concerns over Standard &amp; Poor&rsquo;s downgrade of its outlook on U.S. credit ratings eased.<br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD advancing 0.74% to hit 1.4438.<br /><br />Earlier in the day, official data showed that German producer price inflation rose less-than-expected in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bank Of Thailand Raises Rate 25bps To 2.75%

Posted: 20 Apr 2011 01:21 AM PDT

The Bank of Thailand increased its benchmark 1-day bond repurchase rate by 25 basis points to 2.75% from 2.50% previously on concerns that the Thai economy is overheating.  Bank of Thailand Governor Prasarn Trairatvorakul previously noted that (growth is) “less of a concern so the risk balance is tilted toward inflation.”  Thailand reported consumer price inflation of 3.14% in March, with core inflation (excluding fresh food and fuel) at 1.62% on an annual basis, compared to 1.45% in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


AUD/NZD Technical Analysis For April 20, 2011

Posted: 20 Apr 2011 01:16 AM PDT

By ForexMansion.com

 
The AUD/NZD continues to show signs of struggling as it is having trouble getting over the 1.34 mark, and area that was once support. This shows that the sellers could be gaining strength again. This level is very important, and if it can't be broken this could be a turning point. Of course, the overall trend is up – so expect the bulls to return sooner or later.

Originally posted here
Read more about forex technical analysis, forex fundamental analysis and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


GBP/CHF Technical Analysis For April 20, 2011

Posted: 20 Apr 2011 01:16 AM PDT

By ForexMansion.com

 
The GBP/CHF had been in a holding pattern for several days as we wanted to see which way it would break. The move has shown itself as bullish, and it appears that the bulls are starting to assert themselves again. Because of this, look to buy on minor pullbacks until we rise back to the 1.50 level. Of course a break below today's candle is very bearish and with the overall trend so be careful.

Originally posted here
Read more about forex technical analysis, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


EUR/CHF Technical Analysis For April 20, 2011

Posted: 20 Apr 2011 01:16 AM PDT

By ForexMansion.com

 
The EUR/CHF printed an extreme bullish outside candle today, showing that the 1.27 level continues to be important support. Because of this, we now think of it as the floor, and no longer "minor" support, changing the range of the pair to a smaller area. Looking to buy on continued strength is the route to go, and look to 1.27 to be supportive if retested.

Originally posted here
Read more about forex technical analysis, forex fundamental analysis and forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


NZD/USD Technical Analysis For April 20, 2011

Posted: 20 Apr 2011 01:15 AM PDT

By ForexMansion.com

 
The NZD/USD continues to show strength today as it forms a hammer at the 0.78 level. Even if this market is parabolic – there are no signs of it losing steam at the moment. Although buying it is difficult with this kind of chart – at least you know that a break of this hammer to the downside is a good place for stop losses. Although it needs to pullback – selling isn't an option.

Originally posted here
Read more about forex technical analysis, forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Singapore Stock Market Update For Wednesday 20 April

Posted: 20 Apr 2011 01:10 AM PDT

Market on upbeat but still we can expect sideway movements for the time being.

Short term trading

F&N enter 6.34 SL 6.15

Medium term positions

Sembcorp enter 5.23 SL 4.73 (trail at 4.89)
Kepcorp enter 12.56 SL 11.24 (trail at 11.94)

Stocks to lookout

Straits Asia on the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – Pound Hits 4-day High Against Broadly Weaker Dollar

Posted: 20 Apr 2011 12:59 AM PDT

Forex Pros – The pound rose to a four-day high against the broadly weaker U.S. dollar on Wednesday, ahead of the release of the Bank of England&rsquo;s April policy meeting minutes later in the day.<br /><br />GBP/USD hit 1.6382 during European morning trade, the pair&rsquo;s highest since April 14; the pair subsequently consolidated at 1.6376, gaining 0.38%.<br /><br />Cable was likely to find support at 1.6229, Tuesday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Belarus Central Bank Devalues Currency

Posted: 20 Apr 2011 12:56 AM PDT

The National Bank of the Republic of Belarus took moves towards floating its currency, the Ruble; establishing a dual market structure.  The Belarusian Ruble will effectively operate with an official rate, and a market rate – at which most institutions and companies will trade.  The move follows a 10% devaluation is expected to see as much as a 20% devaluation of the currency as the former Soviet state deals with a credit crunch and disruptive market conditions.  Last week the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


EUR/GBP Technical Analysis For April 20, 2011

Posted: 20 Apr 2011 12:42 AM PDT

By ForexMansion.com

 
The EUR/GBP rose today, looking to retest a trend line that it broke recently. This is common in charting and can prove to be important. Because of the area that it currently resides – the analysis is simple: If we move higher – buy as it shows strength has returned and that the breakdown of the trend line was a false one. If we sell off – it shows a significant short-term trend change may have happened.

Originally posted here
Read more about forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Hits 2-day High After Weak Japan Trade Data

Posted: 20 Apr 2011 12:36 AM PDT

Forex Pros – The U.S. dollar was up against the yen on Wednesday, after government data showed that Japan recorded a smaller-than-expected trade surplus in March and exports fell more than expected year-on-year, due to disruptions from the March 11 disaster.<br /><br />USD/JPY hit 83.10 during early European trade, the pair&rsquo;s highest since Monday; the pair subsequently consolidated at 82.93, gaining 0.31%.<br /><br />The pair was likely to find support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – NZD/USD Hits 2-day High, Tracking Australian Dollar Higher

Posted: 20 Apr 2011 12:17 AM PDT

Forex Pros – The New Zealand dollar hit a two-day high against its U.S. counterpart on Wednesday, rising on the coat tails of the Australian dollar which hit a fresh record high against the greenback.<br /><br />NZD/USD hit 0.7957 during late Asian trade, the pair&rsquo;s highest since Monday; the pair subsequently consolidated at 0.7943, gaining 0.71%.<br /><br />The pair was likely to find support at 0.7820, Tuesday&rsquo;s low and a one-week low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – AUD/USD Hits Fresh Record High, Boosted By Trade Data

Posted: 19 Apr 2011 11:53 PM PDT

Forex Pros – The Australian dollar rallied to a fresh record high against its U.S. counterpart on Wednesday, after official data showed that Australian export prices rebounded in the first quarter, fuelling expectations for rate hikes by the country&rsquo;s central bank.<br /><br />AUD/USD hit 1.0603 during late Asian trade, the pair&rsquo;s highest level since it was floated in December 1983; the pair subsequently consolidated at 1.0595, gaining 0.66%.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Asia Stocks Broadly Higher On Earnings Optimism; Nikkei Up 1.75%

Posted: 19 Apr 2011 11:49 PM PDT

Forex Pros – Asian stock markets posted sharp gains on Wednesday, as market sentiment was boosted by upbeat corporate earnings from Wall Street, while Japanese exporters advanced amid optimism over the U.S. economic recovery.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index climbed 0.9%, South Korea’s Kospi Composite surged 2.2%, while Japan&rsquo;s Nikkei 225 Index jumped 1.75%.&nbsp; <br /><br />Official data released Tuesday showed that U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


USD/CAD Technical Analysis For April 20, 2011

Posted: 19 Apr 2011 11:31 PM PDT

By ForexMansion.com

 
The USD/CAD fell today, continuing its massive bearish trend of the last few years. We are currently testing the all-time lows, and if history is any indicator, we will break through. With the price of oil rising and the dollar in general falling – this pair wants to favor Canada.

Originally posted here
Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com
About ForexMansion.com:

www.ForexMansion.com is a part … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


USD/CHF Technical Analysis For April 20, 2011

Posted: 19 Apr 2011 11:31 PM PDT

By ForexMansion.com

 
The USD/CHF rose today, showing that the buyers are starting to gain momentum at these extremely low levels. However, this is simply going to be a bounce more than likely since the trend is so decidedly bearish. This pair remains a "sell on the rallies" pair until we break much, much higher from here.

Originally posted here
Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com
About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Hits 2-day High As Risk Appetite Sharpens

Posted: 19 Apr 2011 11:29 PM PDT

Forex Pros – The euro advanced to a two-day high against the U.S. dollar on Wednesday, as concerns that Greece will have to restructure its debt eased and risk appetite sharpened.<br /><br />EUR/USD hit 1.4412 during late Asian trade, the pair&rsquo;s highest since Monday; the pair subsequently consolidated at 1.4405, gaining 0.50%.<br /><br />The pair was likely to find support at 1.4203, Tuesday&rsquo;s low and resistance at 1.4519, the high of April 13 and a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


EUR/USD Technical Analysis For April 20, 2011

Posted: 19 Apr 2011 11:27 PM PDT

By ForexMansion.com

 
The EUR/USD reversed course today, showing how much underlying strength there is in the marketplace. Because of this, it still appears that buying is the way to go. However, it should be noted that the 1.45 mark is strong resistance. A break of yesterday's lows gets us bearish again, but until then – we like the look of this chart.

Originally posted here
Read more about forex technical analysis, forex fundamental analysis and forex news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


AUD/USD Technical Analysis For April 20, 2011

Posted: 19 Apr 2011 11:27 PM PDT

By ForexMansion.com

 
The AUD/USD continues to show strength today as it hangs around the 1.0550 area. It seems that every time the pair falls, it simply refuses to do so in any significant manner. Because of this, it is a buy only market, and all pullbacks are simply an excuse to buy. Our original consolidation measurement had us going to 1.07 from a few weeks ago. There is simply nothing that suggests we aren't going to sooner or later.

Originally posted here
Read more about forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Technical Analysis For April 20, 2011

Posted: 19 Apr 2011 11:26 PM PDT

By CommoditiesMansion.com

 
Nat Gas rose rapidly today, and triggered the suggested buying mark from yesterday's market. It now looks like we are going to retest the $4.50 area, as the bulls are firmly in control at the moment. It should be noted however that the market is still in a downtrend overall. Buying is the preferred move – for now. A break of today's lows has the bears back in charge.

Originally posted here
Read more about commodities technical analysis, commodities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Oil Technical Analysis For April 20, 2011

Posted: 19 Apr 2011 11:26 PM PDT

By CommoditiesMansion.com

 
 
The CL fell, and then found support at the $105-$106 level, forming a bullish hammer. This shows potential strength in a market that has done so several times recently. The market is in a massive uptrend, and as such makes sense for it to remain bullish. A break of the lows today would be bearish, but there is simply too much support to short it at this time. A break of today's high is a buy signal.

Originally posted here
Read more about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold Technical Analysis For April 20, 2011

Posted: 19 Apr 2011 11:26 PM PDT

By CommoditiesMansion.com

 
Gold finally hit the $1,500 level today, and then fell back as traders took profits at the all-important psychological level. The day's candle formed a doji, which shows we may have a pullback in the making. However, this will simply be a buying opportunity – just like all pullbacks for the last 10 years or so.

Originally posted here
Read more about commodities technical analysis, commodities fundamental analysis and commodities news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


German Producer Price Index Rises Less-than-expected

Posted: 19 Apr 2011 11:18 PM PDT

Forex Pros – German producer price inflation rose less-than-expected in March, official data showed on Wednesday.<br /><br />In a report, Destatis, Germany’s statistics office said that its producer price index rose by 0.4% in March, after rising 0.7% in February.<br /><br />Analysts had expected the index to rise by 0.8% in March.<br /><br />The report showed that the producer price index rose at an annualized rate of 6.2% in March, after advancing by 6.4% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bull Of The Day: PetroChina Co.

Posted: 19 Apr 2011 11:05 PM PDT

We are upgrading PetroChina Co. (NYSE:PTR) ADRs to Outperform from Neutral, reflecting its leverage to the fast-growing Chinese market and the turnaround in commodity prices. Being one of only two Chinese integrated oil companies, PetroChina is well-positioned to capitalize on these favorable trends.
We also like the company’s recent agreement to buy half of EnCana’s prolific Cutbank Ridge shale natural gas assets. Attractive growth prospects in the downstream and natural gas sectors are other … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bear Of The Day: Bank Of America Corp. (BAC)

Posted: 19 Apr 2011 11:05 PM PDT

Bank of America’s (NYSE:BAC) first-quarter 2011 earnings came in substantially lower than the Zacks Consensus Estimate. Lower top line and higher non-interest expense were primarily responsible for lower-than-expected results. Reduced mortgage banking income and higher litigation expenses were also among the negatives.
The Federal Reserve’s objection to the company’s proposed capital deployment in the second half of 2011 remains a major headwind at this point. After reviewing the results, we are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Growth & Income Stock: OGE Energy Corp

Posted: 19 Apr 2011 11:05 PM PDT

After years of holding its dividend steady OGE Energy Corp. (NYSE:OGE) has been steadily raising it over the last few years.
It currently yields a solid 2.9%.
Earnings estimates have been steadily rising as well, particularly for 2012. It is a Zacks #2 Rank (Buy).
Company Description
OGE Energy Corp. is a public utility holding company. Its principal subsidiary is Oklahoma Gas and Electric Company, which is engaged in the generation, transmission and distribution of electricity to retail and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Momentum Stock: Foot Locker, Inc.

Posted: 19 Apr 2011 11:05 PM PDT

Foot Locker, Inc. (NYSE:FL) just hit a new multi-year high after climbing higher with the market for the last month. With four consecutive earnings surprises and a bullish growth projection, this Zacks #1 rank stock has the right look for momentum.
Company Description
Foot Locker, Inc. operates as a retailer of athletic footwear and apparel worldwide. The company was founded in 1879 and has a market cap of $3.25 billion.
Foot locker is scheduled to report its Q4 results in late May, but if the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Aggressive Growth Stock: VeriFone Systems

Posted: 19 Apr 2011 11:05 PM PDT

VeriFone Systems, Inc. (NYSE:PAY) shares are soaring, but the company consistently beats expectations. Earnings estimates are also moving higher, pushing the stock to a Zacks #1 Rank (Strong Buy).
Company Description
VeriFone offers electronic payment solutions. These point-of-sales systems can be found at all types of merchants, from gas stations to government entities.
Thanks Google
Just about anything Google is involved in seems to benefit those around it. So, when Google said it will trial … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Up During The Asian Session

Posted: 19 Apr 2011 10:55 PM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4384, up 0.35% at time of writing.<br/><br/> The pair was likely to find support at 1.4157, Monday&rsquo;s low, and resistance at 1.4503, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.19% to hit 0.8803 and EUR/JPY rising 0.74% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/USD Up In Asian Trade

Posted: 19 Apr 2011 10:25 PM PDT

Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6342, up 0.17% at time of writing.<br/><br/> The pair was likely to find support at 1.6166, Monday&rsquo;s low, and resistance at 1.6373, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.20% to hit 0.8804 and GBP/JPY rising 0.61% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Oil Looks To Spain Debt Sale And Earnings Docket, Gold Chart Setup Hints Losses

Posted: 19 Apr 2011 10:01 PM PDT

Commodities – Energy
Oil Looks to Spain Debt Sale, Earnings Calendar
WTI Crude Oil (NY Close): $108.15 // +1.03 // +0.96%
Prices remain wedged between $109.37 and $104.82, the 23.6% and 38.2%Fibonacci retracements of the 3/16-4/11 advance, respectively. Overall positioning appears bearish as long as prices remain below support-turned-resistance at a rising trend line set from the lows in mid-February (now at $112.00), with a break through current support initially exposing the 50% Fib at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/CHF Up In Asian Trading Hours

Posted: 19 Apr 2011 09:55 PM PDT

Forex Pros – The Euro was higher against the Swiss Franc on Wednesday.<br/><br/> EUR/CHF was trading at 1.2925, up 0.21% at time of writing.<br/><br/> The pair was likely to find support at 1.2730, Tuesday&rsquo;s low, and resistance at 1.2950, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.38% to hit 1.4389 and EUR/JPY rising 0.83% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CHF Down During Asian Trade

Posted: 19 Apr 2011 09:25 PM PDT

Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Wednesday.<br/><br/> USD/CHF was trading at 0.8982, down 0.18% at time of writing.<br/><br/> The pair was likely to find support at 0.8906, Monday&rsquo;s low, and resistance at 0.9008, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.41% to hit 1.4392 and USD/JPY rising 0.53% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Stock Market Summary For Tuesday, April 19, 2011

Posted: 19 Apr 2011 09:24 PM PDT

Stocks rose today without strong investor participation. Market breadth was better than Monday’s session. However, the fire power from institutional investors was lacking in Tuesday’s session. This might have been due to Passover as many market participants were off for the holiday. Keeping with the trend we are raising the support/resistance levels on the DJIA, S&P 500, and Nasdaq Composite (see below). The DJIA remains above its 50-day moving average but below its 21-day moving average. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/GBP Up During The Asian Session

Posted: 19 Apr 2011 09:00 PM PDT

Forex Pros – The Euro was higher against the British Pound on Wednesday.<br/><br/> EUR/GBP was trading at 0.8804, up 0.21% at time of writing.<br/><br/> The pair was likely to find support at 0.8742, Monday&rsquo;s low, and resistance at 0.8867, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.45% to hit 1.4398 and EUR/JPY rising 0.90% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Up During Asian Trade

Posted: 19 Apr 2011 08:35 PM PDT

Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 83.06, up 0.58% at time of writing.<br/><br/> The pair was likely to find support at 82.19, Monday&rsquo;s low, and resistance at 83.76, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.46% to hit 1.4400 and GBP/USD rising 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CAD Down In Asian Trading Hours

Posted: 19 Apr 2011 08:10 PM PDT

Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday.<br/><br/> USD/CAD was trading at 0.9544, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 0.9540, today&rsquo;s low, and resistance at 0.9722, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.42% to hit 1.4394 and GBP/USD rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


EUR/JPY And GBP/JPY To Test Channel Resistance And Threaten Bullish Continuation

Posted: 19 Apr 2011 07:33 PM PDT

EUR/JPY
Short- term- The EUR/JPY cracked 61.8% retracement going down, but rebounded as it tested the 200SMA in the 4H chart.
- The market also respected an important 115.50 pivot. The decline so far has been "contained", although momentum has turned bearish in the short-term.
- The test for the market to rally will come near 119.90, 50% retracement. A break above, with an RSI break above 60, should reduce the probability of a continuation bearish correction.
- However, a clue that the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – AUD/USD Up During Asian Trade

Posted: 19 Apr 2011 07:30 PM PDT

Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Wednesday.<br/><br/> AUD/USD was trading at 1.0573, up 0.45% at time of writing.<br/><br/> The pair was likely to find support at 1.0443, Tuesday&rsquo;s low, and resistance at 1.0583, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.08% to hit 1.3609 and AUD/JPY rising 0.86% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Significant Increases In Income Inequality For MLB

Posted: 19 Apr 2011 07:06 PM PDT

New York Yankees Salaries, 1988 vs. 2011

 Salaries
1988
1988 Salaries in 2011 Dollars    
2011

Mean
$700,400
$1,323,000
$6,756,300

Median
$480,000
$906,700
$2,100,000

High
$2,000,000
$3,778,000
$32,000,000

Low
$67,000
$126,560
$414,000

Ratio High/Low
29.9
29.9
77.3

Gini Coefficient
0.459

0.636

Share of Payroll

Top 10%
28.5%

39.2%

Top 20%
49.7%

61.9%

Top 50%
80.1%

93.9%

The salary data displayed in the table above for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Up During The Asian Session

Posted: 19 Apr 2011 07:05 PM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4390, up 0.39% at time of writing.<br/><br/> The pair was likely to find support at 1.4157, Monday&rsquo;s low, and resistance at 1.4503, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.25% to hit 0.8808 and EUR/JPY rising 0.65% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: AUDUSD Marches Toward Highest Level Since 1982

Posted: 19 Apr 2011 06:57 PM PDT

The high on April 11th reached 1.0579. The high on April 15th reache 1.0577. The high for the day has reached 1.0584.  The last time the AUDUSD was at these levels was May/June 1982 (see chart bel0w). 

Looking at the hourly chart, the pair is also approaching resistance against the underside of the last trend move to the upside. That resistance line comes in at the same 1.0580 level that corresponds roughly with the April 2011 highs.  Above that is a topside trendline which … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/JPY Up During Asian Trade

Posted: 19 Apr 2011 06:35 PM PDT

Forex Pros – The Euro was higher against the Japanese Yen on Wednesday.<br/><br/> EUR/JPY was trading at 119.21, up 0.70% at time of writing.<br/><br/> The pair was likely to find support at 116.48, Monday&rsquo;s low, and resistance at 121.42, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.46% to hit 1.4400 and EUR/GBP rising 0.28% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: EURUSD Pushing Through 100 Hour MA. Fibo And 200 Hour MA Next

Posted: 19 Apr 2011 06:05 PM PDT

The 61.8% of the move down from the April 13th high is at 1.4380 and the 200 hour MA at the 1.4403 level are next targets. The close from Friday at the 1.4426 above that.
If the 1.4380 level can not be breached, the market may be disappointed and rotate back down.  Be aware. This is key early resistance for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: EURJPY Tests Resistance Against Trendline

Posted: 19 Apr 2011 05:48 PM PDT

The EURJPY has moved higher in Far East trading but has topside resistance to fight. The trendline comes in at the 119.00 level currently. The high for the new day peaked at 119.05.  The corrective move off the high held nicely against the 38.2% area (118.745 vs low at 118.72). The subsequent move higher to 118.90 looks as if a test of the 119.00 is likely.  A break of the 119 and then the 119.05 level should lead to further buying interest with the key 100 hour MA at the 119.29 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/JPY Up During The Asian Session

Posted: 19 Apr 2011 05:45 PM PDT

Forex Pros – The British Pound was higher against the Japanese Yen on Wednesday.<br/><br/> GBP/JPY was trading at 135.17, up 0.32% at time of writing.<br/><br/> The pair was likely to find support at 133.01, Monday&rsquo;s low, and resistance at 137.05, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.06% to hit 1.6324 and EUR/GBP rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Entertainment Or “How To”?

Posted: 19 Apr 2011 05:26 PM PDT

TLC is presenting a new reality series where viewers are invited to
enter the world of bargain shoppers who have mastered the art of saving! In ‘Extreme Couponing,’ meet the everyday people who save hundreds of dollars in a single trip to the store.

The question, of course, is whether the new show is entertainment or “how to.” Given that the recession is over, the answer is obvious — … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


This SP500 Chart Is NOT Pretty

Posted: 19 Apr 2011 11:48 AM PDT

This Elliot Wave count with a few Gann measures make $136 and interesting resistance level,View if you dare !

Note: Annotations by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Charles Nenner April Review

Posted: 19 Apr 2011 08:18 AM PDT

Charles Nenner stated via madhedgefundtrader the follow forecast.

As at April 18th.

Long Bonds: Rally, rates to fall
Stocks: Top Out in May
Oil: To go higher
Gold and Silver: To Slow
Copper: To roll over
Euro: To roll over maybe at $146
Aussie: To roll over

We have no associated with Charles Nenner, nor do we know how he calculates his cycles.

But..we do know that cycles are cycles and that our Hurst cycles tend to match up with Charles cycles and other cycle forecasters.

Our View…

Long … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Morning News Notes: 4.19.11

Posted: 19 Apr 2011 06:03 AM PDT

The morning news notes as prepared by TL…Obama’s approval rating and  S&P’s outlook on USA. 

 
 ”Morning News Notes: April 19, 2011″

click … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


No comments:

Post a Comment